Three-Building Industrial
New
For Sale
$2,995,000
3130 S Broadway, Los Angeles, CA 90007
M1-zoned industrial site with three connected structures and new perimeter fencing.
Property Size7,560 SF
Lot Size0.51 Acres
Price / SF$167.69
Days on Market5
Property Features for 3130 S Broadway
General Information
Standard status
Active
Size
7,560 SF
Lot size
0.51 Acres
Property subtype
COMMERCIAL
Zoning
M1
Property Condition
Severity
Major Repairs Needed
Evidence
requires substantial renovation and repairs
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Asking Price
$2,995,000
Building Details
Building Size
7,560 SF
Year Built
1950
Buildings
3
Listing Agency:
Keller Williams World Media Cn
Listed By:
David Moskowitz · License #01372552
Source:
Velocityrealtysd
Added: Sep 15
Changed: Sep 18
Last Checked: Sep 19 at 12:18PM
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 Keller Williams World Media Cn
Investment Insights
Based on property information with market context.
This industrial warehouse offering combines three contiguous buildings operated as one flexible site. The structures provide 17,860 square feet of building area on 22,216 square feet of M1-zoned land, with the property currently vacant and offered as-is. Substantial renovation and repair work is required, while new perimeter fencing has been installed.
The site is in the Central Los Angeles industrial corridor, roughly a dozen blocks from the Santa Monica Freeway (I-10). Regional connections also include the Harbor Freeway (I-110), Hollywood/Santa Ana Freeway (US-101), and Golden State Freeway (I-5), providing access to the downtown freeway network and the greater Los Angeles basin.
The multi-building configuration supports warehouse, distribution, storage, or light industrial use, subject to applicable requirements.
The site is in the Central Los Angeles industrial corridor, roughly a dozen blocks from the Santa Monica Freeway (I-10). Regional connections also include the Harbor Freeway (I-110), Hollywood/Santa Ana Freeway (US-101), and Golden State Freeway (I-5), providing access to the downtown freeway network and the greater Los Angeles basin.
The multi-building configuration supports warehouse, distribution, storage, or light industrial use, subject to applicable requirements.
Key Highlights
- 17,860 SF of building area across three contiguous industrial buildings
- 22,216 SF site area, equal to 0.51 acres
- M1‑zoned land in the Central Los Angeles industrial corridor
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
$269,411
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
9.00%
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%
$5,388,220
$5.4M
Cap Rate 7%
$3,848,729
$3.8M
Cap Rate 9%
$2,993,456
$3.0M
Market Conditions
NOI Build-Up for 17,860 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
$338.6K $18.96/SF
− Vacancy
−$21.7K −$1.21/SF
EGI
$317.0K $17.75/SF
− OpEx
−$47.5K −$2.66/SF
NOI
$269.4K $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%
$5,388,220
Cap Rate 7%
$3,848,729
Cap Rate 9%
$2,993,456
Alternative Uses
Best Use
Warehouse
$3.85M
$3.37M – $4.49M
NOI $269,411 @ 7.0% cap · market cap 9.00%
Second Best
Industrial
$3.17M
$2.77M – $3.70M
NOI $221,867 @ 7.0% cap · market cap 7.41%
Theoretical Best
Multifamily LT 5
$361.83M
$316.60M – $422.14M
NOI $25,328,301 @ 7.0% cap · market cap 845.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,544
Businesses Nearby
Under-served
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - M1-zoned industrial site with three connected structures and new perimeter fencing.
Where is this warehouse located?
The property is located at 3130 S Broadway Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: 17,860 SF of building area across three contiguous industrial buildings; 22,216 SF site area, equal to 0.51 acres; M1‑zoned land in the Central Los Angeles industrial corridor
