Industrial Warehouse with Covered
For Sale
Contact for pricing
2911 Norton Ave, Lynwood, CA 90262
Industrial warehouse on a fenced, paved covered yard with heavy power and multiple ground-level loading doors.
Property Size35,000 SF
Price / SF$162.97
Days on Market108
Property Features for 2911 Norton Ave
General Information
Standard status
Active
Size
35,000 SF
Total Parking Spaces
45
Property subtype
Industrial
Zoning
LYM
Investment Type
Owner/User
Building Details
Year Built
1941
Tenancy
Single
Listing Agency:
Lee & Associates - Los Angeles - Downtown
Listed By:
Jack Cline · License #CA 00854279
(213) 590-3512
Source:
Crexi
Added: Jul 7
Changed: Oct 19
Last Checked: Oct 20 at 7:41PM
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
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Investment Insights
Based on property information with market context.
2911 Norton Avenue is a 35,000 SF industrial warehouse located on a 72,200 SF site. The property includes heavy power, multiple ground-level loading doors, and a fenced and paved covered yard designed with multiple access points. A portion of the site is configured for outdoor storage use.
The property is positioned in Lynwood’s industrial corridor with convenient access to the 105, 710, and 110 Freeways.
Suitable for manufacturing, fabrication, or outdoor storage users, the offering also includes flexible industrial zoning to support a range of operational needs.
The property is positioned in Lynwood’s industrial corridor with convenient access to the 105, 710, and 110 Freeways.
Suitable for manufacturing, fabrication, or outdoor storage users, the offering also includes flexible industrial zoning to support a range of operational needs.
Key Highlights
- 35,000 SF industrial space on a 72,200 SF land parcel in Lynwood’s industrial corridor
- Built in 1941
- Heavy power available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$455,418
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,108,360
$9.1M
Cap Rate 7%
$6,505,971
$6.5M
Cap Rate 9%
$5,060,200
$5.1M
Market Conditions
NOI Build-Up for 35,000 SF
Gross rent
$562.8K $16.08/SF
− Vacancy
−$27.0K −$0.77/SF
EGI
$535.8K $15.31/SF
− OpEx
−$80.4K −$2.30/SF
NOI
$455.4K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,108,360
Cap Rate 7%
$6,505,971
Cap Rate 9%
$5,060,200
Alternative Uses
Best Use
Warehouse
$6.51M
$5.69M – $7.59M
NOI $455,418 @ 7.0% cap · market cap 7.98%
Second Best
Industrial
$5.84M
$5.11M – $6.82M
NOI $409,013 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$18.74M
$16.40M – $21.86M
NOI $1,311,720 @ 7.0% cap · market cap 23.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,516
Businesses Nearby
Explore this area
Business Placement
Demographics for 90262, CA
67,099
Population
15,497
Households
4.3
Avg Household Size
32
Median Age
10%
College-Educated
58%
High-School Grad
4.8 sq mi
ZIP Area
13,979
Density / Sq Mi
$70,507
Median Household Income
$32,870
Median Earnings
$1,625
Median Rent
$569,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial warehouse on a fenced, paved covered yard with heavy power and multiple ground-level loading doors.
Where is this manufacturing property located?
The property is located at 2911 Norton Ave Lynwood, CA.
What is the asking price?
The asking price for this property is $5,703,800.
What are key features of this property?
This property features: 35,000 SF industrial space on a 72,200 SF land parcel in Lynwood’s industrial corridor; Built in 1941; Heavy power available
