Free-Standing Flex
2231 Long Beach Ave Los Angeles, CA 90011
For Sale
Contact for pricing
Corner flex warehouse with HVAC in its office/warehouse area and a fully fenced, gated yard with parking.
Property Size4,896 SF
Price / SF$337.01
Days on Market85
Property Features for 2231 Long Beach Ave
General Information
Standard status
Active
Size
4,896 SF
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates
(213) 290-3599
Listed By:
Sehyung Kim · License #01327276
(213) 290-3599
Source:
Moodyscre
Added: May 6
Changed: Jul 27
Last Checked: Jul 28 at 1:26PM
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
Investment Insights
Based on property information with market context.
This free-standing corner flex warehouse is built with wood bow truss framing and includes HVAC in approximately 2,300+ square feet of office/warehouse space. The property is supported by a functional, well-maintained interior that is presented as clean and ready for a range of uses.
The site also offers a fully fenced and gated yard, along with on-site parking, supporting day-to-day storage and operations. Located on the Long Beach Avenue corridor at 2231 Long Beach Ave, Los Angeles, CA 90011, the building benefits from visibility and access associated with that established commercial thoroughfare.
The site also offers a fully fenced and gated yard, along with on-site parking, supporting day-to-day storage and operations. Located on the Long Beach Avenue corridor at 2231 Long Beach Ave, Los Angeles, CA 90011, the building benefits from visibility and access associated with that established commercial thoroughfare.
Key Highlights
- Corner flex warehouse with free‑standing wood bow truss construction
- HVAC provided in 2,300+ SF office/warehouse area
- Fully fenced and gated yard plus on‑site parking
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 4.55%
Second Best
Industrial
$868.9K
$760.3K – $1.01M
NOI $60,821 @ 7.0% cap · market cap 3.69%
Theoretical Best
Multifamily LT 5
$99.19M
$86.79M – $115.72M
NOI $6,943,301 @ 7.0% cap · market cap 420.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Iwaki Products — 1836 E 41st St, Vernon, CA 90058
- Alonti Catering Kitchen — 2508 S Alameda St, Vernon, CA 90058
- L.A. Birria by Chef Anaya Caterings — 3330 S Central Ave, Los Angeles, CA 90011
- On & Crackin BBQ — 4023 S Central Ave, Los Angeles, CA 90011
- What-A-Taco Catering — 1333 E 27th St, Los Angeles, CA 90011
Frequently Asked Questions
What type of property is this?
Flex space - Corner flex warehouse with HVAC in its office/warehouse area and a fully fenced, gated yard with parking.
Where is this flex space 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 $1,650,000.
What are key features of this property?
This property features: Corner flex warehouse with free‑standing wood bow truss construction; HVAC provided in 2,300+ SF office/warehouse area; Fully fenced and gated yard plus on‑site parking
