Warehouse with Grade-Level
For Sale
Contact for pricing
3328 E 14th St, Los Angeles, CA 90023
Freestanding warehouse with grade-level loading and heavy 3-phase power for owner-user, light manufacturing, or distribution.
Property Size4,120 SF
Price / SF$192.96
Days on Market172
Property Features for 3328 E 14th St
General Information
Standard status
Active
Size
4,120 SF
Property subtype
Industrial
Zoning
M2-1-CUGU
Warehouse & Industrial
Clear Height
12 ft
Drive-In Doors
1
Power
800 amps
Three-Phase Power
Yes
Heavy Power
Yes
Additional Details
Opportunity Zone
Yes
Building Details
Year Built
1955
Listing Agency:
Global Commercial Real Estate
Listed By:
Frank Lahijani · License #CA BRE - 01022511
(213) 221-1288
Source:
Crexi
Added: Mar 27
Changed: Sep 10
Last Checked: Sep 14 at 5:56AM
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 Global Commercial Real Estate
Investment Insights
Based on property information with market context.
Freestanding warehouse offering a highly functional industrial space well suited to an owner-user, light manufacturing, storage, or distribution use. The building includes 1 grade-level (GL) door, 12' ceiling height, and heavy 3-phase 800 amp power.
The property is located at 3328 E 14th St in Los Angeles, CA 90023, with the benefit of being close to DTLA and the Arts Districts. The public remarks also reference an Opportunity Zone designation.
For tenants and buyers seeking a straightforward industrial facility with loading access and substantial electrical capacity, this warehouse layout provides a practical foundation for a range of storage and distribution-oriented operations.
The property is located at 3328 E 14th St in Los Angeles, CA 90023, with the benefit of being close to DTLA and the Arts Districts. The public remarks also reference an Opportunity Zone designation.
For tenants and buyers seeking a straightforward industrial facility with loading access and substantial electrical capacity, this warehouse layout provides a practical foundation for a range of storage and distribution-oriented operations.
Key Highlights
- 1 GL door for warehouse loading
- 12' ceiling height
- Heavy 3‑phase 800 amp power
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
$62,148
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
7.82%
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%
$1,242,960
$1.2M
Cap Rate 7%
$887,829
$887.8K
Cap Rate 9%
$690,533
$690.5K
Market Conditions
NOI Build-Up for 4,120 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
$78.1K $18.96/SF
− Vacancy
−$5.0K −$1.21/SF
EGI
$73.1K $17.75/SF
− OpEx
−$11.0K −$2.66/SF
NOI
$62.1K $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%
$1,242,960
Cap Rate 7%
$887,829
Cap Rate 9%
$690,533
Alternative Uses
Best Use
Warehouse
$887.8K
$776.9K – $1.04M
NOI $62,148 @ 7.0% cap · market cap 7.82%
Second Best
Industrial
$731.2K
$639.8K – $853.0K
NOI $51,181 @ 7.0% cap · market cap 6.44%
Theoretical Best
Multifamily LT 5
$83.47M
$73.04M – $97.38M
NOI $5,842,811 @ 7.0% cap · market cap 734.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
12 ft
Clear height
1
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
1,376
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90023, CA
45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
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 - Freestanding warehouse with grade-level loading and heavy 3-phase power for owner-user, light manufacturing, or distribution.
Where is this warehouse located?
The property is located at 3328 E 14th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 1 GL door for warehouse loading; 12' ceiling height; Heavy 3‑phase 800 amp power
