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Vernon Warehouse with Gated Lot
For Sale
$3,905,440

2947 E 44th St, Vernon, CA 90058

Standalone building with large, gated lot and dock high loading.

Property Size10,144 SF
Price / SF$385
Days on Market203

Property Features for 2947 E 44th St

General Information

Standard status Active
Size 10,144 SF
Property subtype Industrial

Building Details

Building Size 10,144 SF
Year Built 1950

Properties For Sale

at 2947 E 44th St
Available Space Not For Lease
Size 10,144 SF
Restrooms: 2 Call brokers for commission information. Please verify all information herein as Broker does not warrant its accuracy.
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Listing Agency: Los Angeles
Listed By: Moon Lim · License #CA #01903050
Source: Daumcommercial
Added: Apr 3 Changed: Oct 21 Last Checked: Oct 20 at 5:06PM

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 Los Angeles

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Investment Insights

Based on property information with market context.

This standalone building features a large, gated lot with less than 50% coverage. The property includes two loading docks and offers excellent access to major freeways. It is a rare dock high building. The property size is 10144 square feet.

Key Highlights

  • Large and gated lot
  • Rare dock high building
  • Excellent access to major freeways

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$131,993
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,639,860 $2.6M
Cap Rate 7%
$1,885,614 $1.9M
Cap Rate 9%
$1,466,589 $1.5M
Market Conditions
NOI Build-Up for 10,144 SF
Gross rent
$163.1K $16.08/SF
− Vacancy
−$7.8K −$0.77/SF
EGI
$155.3K $15.31/SF
− OpEx
−$23.3K −$2.30/SF
NOI
$132.0K $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%
$2,639,860
Cap Rate 7%
$1,885,614
Cap Rate 9%
$1,466,589

Alternative Uses

Best Use
Warehouse
$1.89M
$1.65M – $2.20M (±1% cap)
NOI $131,993 @ 7.0% cap · market cap 3.38%
Second Best
Industrial
$1.69M
$1.48M – $1.98M (±1% cap)
NOI $118,544 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$5.43M
$4.75M – $6.34M (±1% cap)
NOI $380,174 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Garden Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,149
Businesses Nearby
Well-served
Demand for This Use

Demographics for 90058, CA

3,751
Population
1,179
Households
3.2
Avg Household Size
31
Median Age
22%
College-Educated
58%
High-School Grad
5.8 sq mi
ZIP Area
647
Density / Sq Mi
$36,680
Median Household Income
$24,594
Median Earnings
$1,030
Median Rent
$456,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Lineage — 2050 E 55th St, Vernon, CA 90058
  • Lineage — 2100 E 55th St, Vernon, CA 90058
  • Bonded Warehousee — 2100 E 49th St, Vernon, CA 90058
  • Recall — 2357 E 49th St, Vernon, CA 90058
  • Consolidated Cold Storage — 2885 E 50th St, Vernon, CA 90058

Frequently Asked Questions

What type of property is this?
Warehouse - Standalone building with large, gated lot and dock high loading.
Where is this warehouse located?
The property is located at 2947 E 44th St Vernon, CA.
What is the asking price?
The asking price for this property is $3,905,440.
What are key features of this property?
This property features: Large and gated lot; Rare dock high building; Excellent access to major freeways
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