Free Standing Industrial
For Sale
Contact for pricing
3301 S Main St, Los Angeles, CA
Freestanding building with office space and high ceilings for sale.
Property Size4,572 SF
Lot Size0.13 Acres
Price / SF$283.25
Days on Market370
Property Features for 3301 S Main St
General Information
Standard status
Active
Size
4,572 SF
Lot size
0.13 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Major Properties
(213) 747-4151
Listed By:
Ronnie Kim
(213) 747-4151
Source:
Moodyscre
Added: Aug 12, 2025
Changed: Jul 6
Last Checked: Aug 15 at 9:25AM
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 Major Properties
Investment Insights
Based on property information with market context.
This is a freestanding building suitable for an owner/user. It features 400 square feet of office area, including two offices and restrooms. The building includes one 10'x12' grade-level door and an 18-foot clear height. The property offers an opportunity for purchase.
Key Highlights
- Free Standing Building
- Owner/User Purchase Opportunity
- Benefit from 18' Clear Height
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
$68,967
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
5.33%
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%
$1,379,340
$1.4M
Cap Rate 7%
$985,243
$985.2K
Cap Rate 9%
$766,300
$766.3K
Market Conditions
NOI Build-Up for 4,572 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
$86.7K $18.96/SF
− Vacancy
−$5.5K −$1.21/SF
EGI
$81.1K $17.75/SF
− OpEx
−$12.2K −$2.66/SF
NOI
$69.0K $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%
$1,379,340
Cap Rate 7%
$985,243
Cap Rate 9%
$766,300
Alternative Uses
Best Use
Warehouse
$985.2K
$862.1K – $1.15M
NOI $68,967 @ 7.0% cap · market cap 5.33%
Second Best
Industrial
$811.4K
$710.0K – $946.6K
NOI $56,796 @ 7.0% cap · market cap 4.39%
Theoretical Best
Multifamily LT 5
$92.63M
$81.05M – $108.06M
NOI $6,483,818 @ 7.0% cap · market cap 500.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,157
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding building with office space and high ceilings for sale.
Where is this warehouse located?
The property is located at 3301 S Main St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Free Standing Building; Owner/User Purchase Opportunity; Benefit from **18' Clear Height**
