Small Warehouse for
2231 Long Beach Ave Los Angeles, CA 90011
2231 Long Beach Ave, Los Angeles, CA, 90011
Contact for pricing
For Sale
Contact for pricing
Warehouse for sale totaling 4,896 sq. ft., with some tandem parking.
Property Size4,896 SF
Price / SF$350
Days on Market77
Property Features for 2231 Long Beach Ave
General Information
- Standard status
- Active
- Size
- 4,896 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1962
Listing agency
Lee & Associates - Los Angeles - Downtown
(213) 290-3599
Listed by
Sehyung Kim · License #01327276
Source
Crexi
Added: May 6 Updated: Jul 21 at 5:42AM Checked: Jul 21 at 5:42AM
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 - Los Angeles - Downtown
Investment Insights
Based on property information with market context.
This for-sale warehouse totals 4,896 sq. ft. and includes some tandem parking. The property information is provided for discussion purposes only, and buyers are advised to verify all details, including building and land square footage and any aspects affecting permitting and compliance.
The property is located at 2231 Long Beach Ave, Los Angeles, CA 90011. Prospective buyers should confirm zoning and permitted uses, as well as items such as clear height, power and sprinkler calculations, ADA compliance, parking, building and roof condition, HVAC, access, encroachments, and floor load.
As part of due diligence, buyers are also encouraged to confirm tax implications with their accountant or attorney and to obtain any necessary business license approvals prior to waiving contingencies.
The property is located at 2231 Long Beach Ave, Los Angeles, CA 90011. Prospective buyers should confirm zoning and permitted uses, as well as items such as clear height, power and sprinkler calculations, ADA compliance, parking, building and roof condition, HVAC, access, encroachments, and floor load.
As part of due diligence, buyers are also encouraged to confirm tax implications with their accountant or attorney and to obtain any necessary business license approvals prior to waiving contingencies.
Key Highlights
- Warehouse for sale totaling 4,896 sq. ft.
- Includes some tandem parking
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.8k | $18.96 |
| − Vacancy | −$4.5k | −$0.91 |
| EGI | $88.4k | $18.05 |
| − OpEx | −$13.3k | −$2.71 |
| NOI | $75.1k | $15.34 |
4,896 SF · lease $18.96/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.07M
$939.0K – $1.25M
NOI $75,117 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$99.19M
$86.79M – $115.72M
NOI $6,943,301 @ 7.0% cap · market cap 405.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - Warehouse for sale totaling 4,896 sq. ft., with some tandem parking.
Where is this warehouse located?
The property is located at 2231 Long Beach Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,713,600.
What are key features of this property?
This property features: Warehouse for sale totaling 4,896 sq. ft.; Includes some tandem parking
