Modern Industrial Space with
For Sale
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2830 Lugo St, Los Angeles, CA
Class A industrial space featuring a two-story office component.
Property Size38,000 SF
Lot Size1.52 Acres
Price / SF$365
Days on Market279
Property Features for 2830 Lugo St
General Information
Standard status
Active
Size
38,000 SF
Lot size
1.52 Acres
Property subtype
INDUSTRIAL
Properties For Sale
at 2830 Lugo St Contact us- Size
- 38,000 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE, 30 Days
- Sublease
- No
2830 Lugo St
2022 Class A Construction
Best in Class 16,000 SF 2 Story Office
50 Parking Spaces
Fenced...
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Listing Agency:
CBRE - El Segundo
(310) 463-1317
Listed By:
Cameron Merrill · License #01392623
(310) 463-1317
Source:
Moodyscre
Added: Nov 3, 2025
Changed: Aug 8
Last Checked: May 19 at 8:55PM
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 CBRE - El Segundo
Investment Insights
Based on property information with market context.
This property features Class A construction completed in 2022. The property includes a 16,000-square-foot, two-story office space. There are 50 parking spaces available. The site is equipped with EV charging stations and includes a fenced yard. The total property size is 38,000 square feet.
Key Highlights
- 2022 Class A Construction
- Best in Class 16,000 SF 2 Story Office
- 50 Parking Spaces available
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
$573,214
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
4.13%
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%
$11,464,280
$11.5M
Cap Rate 7%
$8,188,771
$8.2M
Cap Rate 9%
$6,369,044
$6.4M
Market Conditions
NOI Build-Up for 38,000 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
$720.5K $18.96/SF
− Vacancy
−$46.1K −$1.21/SF
EGI
$674.4K $17.75/SF
− OpEx
−$101.2K −$2.66/SF
NOI
$573.2K $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 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%
$11,464,280
Cap Rate 7%
$8,188,771
Cap Rate 9%
$6,369,044
Alternative Uses
Best Use
Warehouse
$8.19M
$7.17M – $9.55M
NOI $573,214 @ 7.0% cap · market cap 4.13%
Second Best
Industrial
$6.74M
$5.90M – $7.87M
NOI $472,058 @ 7.0% cap · market cap 3.40%
Theoretical Best
Multifamily LT 5
$769.86M
$673.63M – $898.17M
NOI $53,890,003 @ 7.0% cap · market cap 388.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Under-served
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 - Class A industrial space featuring a two-story office component.
Where is this warehouse located?
The property is located at 2830 Lugo St Los Angeles, CA.
What is the asking price?
The asking price for this property is $13,870,000.
What are key features of this property?
This property features: 2022 Class A Construction; Best in Class 16,000 SF 2 Story Office; 50 Parking Spaces available
