Two-Story Warehouse with Bow Truss
For Sale
Contact for pricing
2615-2621 S Hill St, Los Angeles, CA 90007
Two-story warehouse with bow truss ceiling and heavy power, located near Harbor and Santa Monica freeways.
Property Size28,667 SF
Price / SF$204.38
Days on Market40
Property Features for 2615-2621 S Hill St
General Information
Standard status
Active
Size
28,667 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Heavy Power
Yes
Building Details
Stories
2
Listing Agency:
Daum Commercial
(213) 270-2235
Listed By:
David Freitag · License #00855673
(213) 270-2235
Source:
Moodyscre
Added: Jun 23
Changed: Jul 30
Last Checked: Aug 1 at 8:18AM
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 Daum Commercial
Investment Insights
Based on property information with market context.
This two-story warehouse features a bow truss ceiling and heavy power, designed for operations that need substantial electrical capacity. The property comprises 28667 SF of warehouse space.
Situated at 2615-2621 S Hill St in Los Angeles, the building benefits from an Enterprise Zone designation offering tax benefits. It is also in close proximity to the Harbor and Santa Monica Fwy.
The combination of heavy power and large-format, clear-span style ceiling structure supports a variety of warehousing and light industrial uses where reliable electrical service and high-capacity interior space are priorities.
Situated at 2615-2621 S Hill St in Los Angeles, the building benefits from an Enterprise Zone designation offering tax benefits. It is also in close proximity to the Harbor and Santa Monica Fwy.
The combination of heavy power and large-format, clear-span style ceiling structure supports a variety of warehousing and light industrial uses where reliable electrical service and high-capacity interior space are priorities.
Key Highlights
- 28667 SF two‑story warehouse building
- Bow truss ceiling
- Heavy power
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 | $543.5k | $18.96 |
| − Vacancy | −$34.8k | −$1.21 |
| EGI | $508.7k | $17.75 |
| − OpEx | −$76.3k | −$2.66 |
| NOI | $432.4k | $15.08 |
28,667 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$6.18M
$5.41M – $7.21M
NOI $432,430 @ 7.0% cap · market cap 7.38%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$580.78M
$508.18M – $677.57M
NOI $40,654,335 @ 7.0% cap · market cap 693.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,227
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
Properties on Market for Warehouses in Los Angeles
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Two-story warehouse with bow truss ceiling and heavy power, located near Harbor and Santa Monica freeways.
Where is this warehouse located?
The property is located at 2615-2621 S Hill St Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,859,000.
What are key features of this property?
This property features: 28667 SF two‑story warehouse building; Bow truss ceiling; Heavy power
