Well-Maintained Building Near Downtown
For Sale
Contact for pricing
2800 S Hooper Ave, Los Angeles, CA
Two-story building with secure yard, ideal for various uses.
Property Size21,430 SF
Lot Size0.37 Acres
Price / SF$151.66
Days on Market266
Property Features for 2800 S Hooper Ave
General Information
Standard status
Active
Size
21,430 SF
Lot size
0.37 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Fox Industrial Realty
(213) 272-5004
Listed By:
Frank Kim
(213) 272-5004
Source:
Moodyscre
Added: Nov 23, 2025
Changed: Aug 8
Last Checked: Aug 15 at 11:00AM
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 Fox Industrial Realty
Investment Insights
Based on property information with market context.
This well-maintained two-story building is located close to Downtown Los Angeles. It features a secure fenced yard with an automatic gate. The property is equipped with heavy electrical power and a freight elevator. It is ideal for distribution, fabrication, warehousing, or creative production uses. The building has a size of 21,430 square feet.
Key Highlights
- Heavy electrical power, ideal for demanding operations.
- Freight elevator provides easy movement of goods between floors.
- Secure fenced yard with automatic gate ensures peace of mind.
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
$266,216
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
8.19%
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%
$5,324,320
$5.3M
Cap Rate 7%
$3,803,086
$3.8M
Cap Rate 9%
$2,957,956
$3.0M
Market Conditions
NOI Build-Up for 21,430 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
$406.3K $18.96/SF
− Vacancy
−$26.0K −$1.21/SF
EGI
$380.3K $17.75/SF
− OpEx
−$114.1K −$5.32/SF
NOI
$266.2K $12.42/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
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%
$5,324,320
Cap Rate 7%
$3,803,086
Cap Rate 9%
$2,957,956
Alternative Uses
Best Use
Warehouse
$4.62M
$4.04M – $5.39M
NOI $323,262 @ 7.0% cap · market cap 9.95%
Second Best
Industrial
$3.80M
$3.33M – $4.44M
NOI $266,216 @ 7.0% cap · market cap 8.19%
Theoretical Best
Multifamily LT 5
$434.16M
$379.89M – $506.52M
NOI $30,391,125 @ 7.0% cap · market cap 935.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,678
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
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 building with secure yard, ideal for various uses.
Where is this warehouse located?
The property is located at 2800 S Hooper Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Heavy electrical power, ideal for demanding operations.; Freight elevator provides easy movement of goods between floors.; Secure fenced yard with automatic gate ensures peace of mind.
