Two-Building Industrial
New
For Sale
$2,995,000
326 W 58th St, Los Angeles, CA 90003
A secured yard, five grade-level doors, and separate single- and three-phase electrical service support a range of industrial operations.
Property Size18,498 SF
Lot Size0.54 Acres
Price / SF$161.91
Days on Market2
Property Features for 326 W 58th St
General Information
Standard status
Active
Size
18,498 SF
Lot size
0.54 Acres
Property subtype
Warehouse
Zoning
C2-2D-CPIO
Site & Location
Neighborhood
South Los Angeles
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Drive-In Doors
5
Three-Phase Power
Yes
Additional Details
Cap Rate
5.42%
Tenant in Place
Yes
Property Use
Industrial
Amenities
Immediate Occupancy Opportunity
Five Grade-Level Doors
Two Buildings, One Parcel: The shared-yard configuration lets a user occupy 326 while holding 330 as an income stream, or operate both as a single consolidated facility
On-Site Yard and Parking: Approximately 10-14 parking spaces plus the shared yard between the two buildings
Building Details
Building Size
18,498 SF
Year Built
1925
Buildings
2
Stories
1
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Encino
Listed By:
Ryan Rothstein-Serling · License #License(s): CA: 01920619, CA: 0204082
(818) 212-2725
Source:
Marcusmillichap
Added: Oct 24
Last Checked: Oct 24 at 3:14PM
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 Marcus & Millichap - Encino
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Investment Insights
Based on property information with market context.
This Los Angeles industrial property comprises two single-story buildings totaling 18,498 square feet on a 0.54-acre parcel. The 9,250-square-foot masonry building dates to 1925; the 9,248-square-foot metal building was rebuilt in 2024. Together, they offer five grade-level loading doors and clear heights of 16 to 26 feet in the first building and 22 to 25 feet in the second. Electrical service includes single-phase and three-phase power. Approximately 11,562 square feet is available for immediate occupancy, and the property is approximately 63% vacant. A secured concrete yard measuring about 80' x 113' accommodates staging, storage, maneuvering, and parking for approximately 10 to 14 vehicles. Zoning is C2-2D-CPIO.
The site is directly adjacent to I-110 and one block from the signalized intersection of Slauson Avenue and South Broadway. Downtown Los Angeles, Vernon, and the Ports of Los Angeles and Long Beach are accessible from the property. It is one of three contiguous industrial assets along W 58th Street and Slauson Avenue; the listing also identifies the property as part of a four-property industrial portfolio, with individual or combined acquisition options.
The site is directly adjacent to I-110 and one block from the signalized intersection of Slauson Avenue and South Broadway. Downtown Los Angeles, Vernon, and the Ports of Los Angeles and Long Beach are accessible from the property. It is one of three contiguous industrial assets along W 58th Street and Slauson Avenue; the listing also identifies the property as part of a four-property industrial portfolio, with individual or combined acquisition options.
Key Highlights
- Two industrial buildings totaling 18,498 square feet on a 0.54‑acre parcel
- 11,562 square feet available for immediate occupancy; approximately 63% vacant
- Metal building at 330 W 58th Street rebuilt in 2024; 9,248 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$229,793
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,595,860
$4.6M
Cap Rate 7%
$3,282,757
$3.3M
Cap Rate 9%
$2,553,256
$2.6M
Market Conditions
NOI Build-Up for 18,498 SF
Gross rent
$350.7K $18.96/SF
− Vacancy
−$22.4K −$1.21/SF
EGI
$328.3K $17.75/SF
− OpEx
−$98.5K −$5.32/SF
NOI
$229.8K $12.42/SF
Area
ZIP 90003
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,595,860
Cap Rate 7%
$3,282,757
Cap Rate 9%
$2,553,256
Alternative Uses
Best Use
Warehouse
$4.07M
$3.56M – $4.75M
NOI $284,997 @ 7.0% cap · market cap 9.52%
Second Best
Industrial
$3.28M
$2.87M – $3.83M
NOI $229,793 @ 7.0% cap · market cap 7.67%
Theoretical Best
Apartment 5plus
$327.03M
$286.15M – $381.54M
NOI $22,892,275 @ 7.0% cap · market cap 764.35%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
5
Drive-in doors
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,779
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
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Market
Vacancy Rate% for Industrial in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Warehouse - A secured yard, five grade-level doors, and separate single- and three-phase electrical service support a range of industrial operations.
Where is this warehouse located?
The property is located at 326 W 58th St 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: Two industrial buildings totaling 18,498 square feet on a 0.54‑acre parcel; 11,562 square feet available for immediate occupancy; approximately 63% vacant; Metal building at 330 W 58th Street rebuilt in 2024; 9,248 square feet
