Industrial/Flex Warehouse with
3226-3230 Mines Ave Los Angeles, CA 90023
For Sale
Contact for pricing
Industrial/flex building offers built-out first-floor offices and a large mezzanine, plus gated parking and ample restrooms.
Property Size13,200 SF
Price / SF$181.06
Days on Market160
Property Features for 3226-3230 Mines Ave
General Information
Standard status
Active
Size
13,200 SF
Property subtype
INDUSTRIAL
Listing Agency:
City Commercial Properties
(323) 985-6400
Listed By:
Jay Park
Source:
Moodyscre
Added: Feb 19
Changed: Jul 25
Last Checked: Jul 28 at 3:09PM
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 City Commercial Properties
Investment Insights
Based on property information with market context.
Industrial/flex warehouse and creative office space offered for sale with an option for short-term lease. The building includes approximately 13,200 SF of available space with spacious, built-out offices on the first floor and a large mezzanine area.
The property features adjacent gated parking, plenty of restrooms, and bright lighting. It is located at 3226-3230 Mines Ave, and described as being near Downtown Los Angeles and major freeways.
The space is presented as suitable for garment manufacturing, import, distribution, and warehousing, supported by the combined warehouse/office layout and on-site operational amenities.
The property features adjacent gated parking, plenty of restrooms, and bright lighting. It is located at 3226-3230 Mines Ave, and described as being near Downtown Los Angeles and major freeways.
The space is presented as suitable for garment manufacturing, import, distribution, and warehousing, supported by the combined warehouse/office layout and on-site operational amenities.
Key Highlights
- Industrial/flex building with 13,200 available SF for sale or lease
- Includes spacious built‑out first‑floor offices and a large mezzanine
- Adjacent gated parking with ample parking onsite
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $250.3k | $18.96 |
| − Vacancy | −$16.0k | −$1.21 |
| EGI | $234.3k | $17.75 |
| − OpEx | −$35.1k | −$2.66 |
| NOI | $199.1k | $15.08 |
13,200 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Office B
$4.48M
$3.92M – $5.22M
NOI $313,318 @ 7.0% cap · market cap 13.11%
Second Best
Warehouse
$2.84M
$2.49M – $3.32M
NOI $199,116 @ 7.0% cap · market cap 8.33%
Theoretical Best
Multifamily LT 5
$267.42M
$234.00M – $311.99M
NOI $18,719,685 @ 7.0% cap · market cap 783.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Basil Pizza Bar Catering — 3212 E Olympic Blvd, Los Angeles, CA 90023
- Taquizas maricela — 3506 E 7th St, Los Angeles, CA 90023
- Flying Food Group — 3305 Bandini Blvd, Vernon, CA 90058
- Taquiza Mia — 3508 E 7th St, Los Angeles, CA 90023
- Coffee Cart Boys — 228 W Pomona Ave, Monrovia, CA 91016
Frequently Asked Questions
What type of property is this?
Flex space - Industrial/flex building offers built-out first-floor offices and a large mezzanine, plus gated parking and ample restrooms.
Where is this flex space located?
The property is located at 3226-3230 Mines Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,390,000.
What are key features of this property?
This property features: Industrial/flex building with 13,200 available SF for sale or lease; Includes spacious built‑out first‑floor offices and a large mezzanine; Adjacent gated parking with ample parking onsite
