Office and Warehouse with Fenced
For Sale
Contact for pricing
3201-3207 S Main St, Los Angeles, CA 90007
Two buildings totaling about 6,888 SF with a large fenced yard and automatic gate.
Property Size7,040 SF
Price / SF$225
Days on Market391
Property Features for 3201-3207 S Main St
General Information
Standard status
Active
Size
7,040 SF
Property subtype
INDUSTRIAL
Additional Details
Fenced Yard
Yes
Listing Agency:
Daum Commercial
(213) 626-9101
Listed By:
Moon Lim · License #01903050
(213) 270-2256
Source:
Moodyscre
Added: Aug 18, 2025
Changed: Sep 6
Last Checked: Sep 12 at 8:09AM
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 Daum Commercial
Investment Insights
Based on property information with market context.
This offering includes two separate commercial buildings on a single lot: a two-story office building totaling approximately 3,530 SF and a warehouse building totaling approximately 3,358 SF. The property also features a large fenced yard with an automatic gate, creating controlled outdoor space for tenant or business operations.
The buildings are positioned on a busy corridor with high visibility.
Overall, the configuration supports mixed office and warehouse use within one secured outdoor area, with the office component set up in a two-story format and the warehouse component dedicated to storage and operational needs.
The buildings are positioned on a busy corridor with high visibility.
Overall, the configuration supports mixed office and warehouse use within one secured outdoor area, with the office component set up in a two-story format and the warehouse component dedicated to storage and operational needs.
Key Highlights
- Two buildings totaling about 6,888 SF: approx. 3,530 SF 2‑story office and approx. 3,358 SF warehouse
- Approx. 7,282 SF lot with large fenced yard and automatic gate
- Warehouse building included with approx. 3,358 SF
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
$106,195
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
6.70%
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%
$2,123,900
$2.1M
Cap Rate 7%
$1,517,071
$1.5M
Cap Rate 9%
$1,179,944
$1.2M
Market Conditions
NOI Build-Up for 7,040 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
$133.5K $18.96/SF
− Vacancy
−$8.5K −$1.21/SF
EGI
$124.9K $17.75/SF
− OpEx
−$18.7K −$2.66/SF
NOI
$106.2K $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%
$2,123,900
Cap Rate 7%
$1,517,071
Cap Rate 9%
$1,179,944
Alternative Uses
Best Use
Office B
$2.39M
$2.09M – $2.79M
NOI $167,103 @ 7.0% cap · market cap 10.55%
Second Best
Warehouse
$1.52M
$1.33M – $1.77M
NOI $106,195 @ 7.0% cap · market cap 6.70%
Theoretical Best
Multifamily LT 5
$142.63M
$124.80M – $166.40M
NOI $9,983,832 @ 7.0% cap · market cap 630.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,650
Businesses Nearby
Balanced
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 Office in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Two buildings totaling about 6,888 SF with a large fenced yard and automatic gate.
Where is this warehouse located?
The property is located at 3201-3207 S Main St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,584,000.
What are key features of this property?
This property features: Two buildings totaling about 6,888 SF: approx. 3,530 SF 2‑story office and approx. 3,358 SF warehouse; Approx. 7,282 SF lot with large fenced yard and automatic gate; Warehouse building included with approx. 3,358 SF
