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Two-Story Dock High Warehouse
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2209-2211 S Santa Fe Ave, Los Angeles, CA 90058

Freestanding two-story warehouse with four dock-high positions, two ground-level doors, and 7,500-lb freight elevators.

Property Size64,600 SF
Price / SF$225
Days on Market267

Property Features for 2209-2211 S Santa Fe Ave

General Information

Standard status Active
Size 64,600 SF
Property subtype INDUSTRIAL

Site & Location

Neighborhood Downtown
Listing Agency: Lee & Associates
Listed By: Peter D Bacci · License #00946253
Source: Moodyscre
Added: Feb 3 Changed: Oct 25 Last Checked: Oct 28 at 11:07AM

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 Lee & Associates

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Investment Insights

Based on property information with market context.

This freestanding two-story warehouse facility is well-suited for light industrial and distribution uses. The property includes four dock-high positions, two ground-level doors, and two freight elevators rated for 7,500 lbs.

Located on the LA/Vernon border within a very secure industrial park setting, the building supports a range of uses including garment, general merchandise, warehouse, and manufacturing.

With its dock-high loading configuration and on-site vertical transportation via the freight elevators, the facility provides practical operational flexibility for businesses that require both loading access and internal movement of goods between levels.

Key Highlights

  • Free‑standing two‑story warehouse facility on the LA/Vernon border
  • 4 dock‑high positions plus 2 ground‑level doors for loading and receiving
  • Includes 2 freight elevators rated at 7,500 lbs

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$974,464
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,489,280 $19.5M
Cap Rate 7%
$13,920,914 $13.9M
Cap Rate 9%
$10,827,378 $10.8M
Market Conditions
NOI Build-Up for 64,600 SF
Gross rent
$1.22M $18.96/SF
− Vacancy
−$78.4K −$1.21/SF
EGI
$1.15M $17.75/SF
− OpEx
−$172.0K −$2.66/SF
NOI
$974.5K $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 Rate 5%
$19,489,280
Cap Rate 7%
$13,920,914
Cap Rate 9%
$10,827,378

Alternative Uses

Best Use
Warehouse
$13.92M
$12.18M – $16.24M (±1% cap)
NOI $974,464 @ 7.0% cap · market cap 6.70%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1,308.76M
$1,145.16M – $1,526.88M (±1% cap)
NOI $91,613,005 @ 7.0% cap · market cap 630.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Real Estate Agency Spa & Massage Center Law Firm Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,379
Businesses Nearby
Well-served
Demand for This Use

Demographics for 90058, CA

3,751
Population
1,179
Households
3.2
Avg Household Size
31
Median Age
22%
College-Educated
58%
High-School Grad
5.8 sq mi
ZIP Area
647
Density / Sq Mi
$36,680
Median Household Income
$24,594
Median Earnings
$1,030
Median Rent
$456,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Los Angeles, CA

1.8% 2019
2.4% 2020
0.9% 2021
1.2% 2022
3% 2023
4.6% 2024
4.6% 2025

Similar Off Market Nearby

  • Receiving Warehouse — 2440 E 38th St, Vernon, CA 90058
  • Turner Storage Facility — 1680 E 40th Pl, Los Angeles, CA 90011
  • Oz Moving & Storage - Los Angeles Movers — 1797 E Martin Luther King Jr Blvd, Los Angeles, CA 90058
  • Torrance — Vernon, CA 90058
  • Crozier Fine Arts — 2031 E 27th St, Vernon, CA 90058

Frequently Asked Questions

What type of property is this?
Warehouse - Freestanding two-story warehouse with four dock-high positions, two ground-level doors, and 7,500-lb freight elevators.
Where is this warehouse located?
The property is located at 2209-2211 S Santa Fe Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $14,535,000.
What are key features of this property?
This property features: Free‑standing two‑story warehouse facility on the LA/Vernon border; 4 dock‑high positions plus 2 ground‑level doors for loading and receiving; Includes 2 freight elevators rated at 7,500 lbs
(213) 447-4137 Call to check price and availability
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