Two-Story Secured
For Sale
Contact for pricing
2120 S Main Street, Los Angeles, CA 90007
Standalone warehouse with reinforced building systems, substantial electrical capacity, and controlled site access.
Property Size10,710 SF
Lot Size0.24 Acres
Price / SF$368.81
Days on Market8
Property Features for 2120 S Main Street
General Information
Standard status
Active
Size
10,710 SF
Lot size
0.24 Acres
Property subtype
Industrial
Zoning
C2-2D-O-CPIO
Investment Type
Owner/User
Warehouse & Industrial
Warehouse Space
10,710 SF
Power
400 amps
Sprinkler System
Yes
Additional Details
Fenced Yard
Yes
Building Details
Year Built
1999
Buildings
1
Stories
2
Building Size
10,710 SF
Listing Agency:
KW Beverly Hills
(310) 432-6400
Listed By:
Francisco Williams · License #CA 01979442
Source:
Crexi
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 10 at 10:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Beverly Hills
Investment Insights
Based on property information with market context.
This standalone warehouse is arranged across two stories and contains approximately 10,710 gross square feet on an approximately 10,635-square-foot lot. The 1999-built property includes reported seismic retrofit work, fire sprinklers with monitoring, 400A electrical service, perimeter fencing, and on-site security systems. These features support a range of warehouse and service-oriented operations within a compact infill building.
The property is located in Los Angeles, CA 90007, near USC, Exposition Park, BMO Stadium, and Downtown Los Angeles. Access to I-110 and I-10 places the building within reach of major regional routes. C2-2D-O-CPIO zoning applies to the site.
The property is located in Los Angeles, CA 90007, near USC, Exposition Park, BMO Stadium, and Downtown Los Angeles. Access to I-110 and I-10 places the building within reach of major regional routes. C2-2D-O-CPIO zoning applies to the site.
Key Highlights
- Approximately 10,710 gross SF on an approximately 10,635 SF lot
- Two‑story standalone warehouse built in 1999
- Reported seismic retrofit work
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$161,556
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,231,120
$3.2M
Cap Rate 7%
$2,307,943
$2.3M
Cap Rate 9%
$1,795,067
$1.8M
Market Conditions
NOI Build-Up for 10,710 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$203.1K $18.96/SF
− Vacancy
−$13.0K −$1.21/SF
EGI
$190.1K $17.75/SF
− OpEx
−$28.5K −$2.66/SF
NOI
$161.6K $15.08/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,231,120
Cap Rate 7%
$2,307,943
Cap Rate 9%
$1,795,067
Alternative Uses
Best Use
Warehouse
$2.31M
$2.02M – $2.69M
NOI $161,556 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$216.98M
$189.86M – $253.14M
NOI $15,188,472 @ 7.0% cap · market cap 384.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
3,926
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90007, CA
40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Miracle Warehouse — 655 E 30th St, Los Angeles, CA 90011
- Self Storage — 525 W 28th St, Los Angeles, CA 90007
- StorLuv Self Storage, 24/7 Access — 134 W 30th St, Los Angeles, CA 90007
- StorLuv Self Storage — 134 W 30th St, Los Angeles, CA 90007
- Bounce Luggage Storage - University of Southern California (USC) — 2626 S Figueroa St A, Los Angeles, CA 90007
Frequently Asked Questions
What type of property is this?
Warehouse - Standalone warehouse with reinforced building systems, substantial electrical capacity, and controlled site access.
Where is this warehouse located?
The property is located at 2120 S Main Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Approximately 10,710 gross SF on an approximately 10,635 SF lot; Two‑story standalone warehouse built in 1999; Reported seismic retrofit work
