Renovated Small Industrial
3361 Union Pacific Avenue Los Angeles, CA 90023
3361 Union Pacific Avenue, Los Angeles, CA, 90023
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For Sale
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Completely renovated 2025 industrial space with secure gated parking and ground-level loading access for owner-users.
Property Size2,459 SF
Price / SF$243.59
Days on Market54
Property Features for 3361 Union Pacific Avenue
General Information
- Standard status
- Active
- Size
- 2,459 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1946
Listing agency
Major Properties
(213) 804-3013
Listed by
Sam Luster · License #CA 02012790
Source
Crexi
Added: May 29 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 9:56AM
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 Major Properties
Investment Insights
Based on property information with market context.
This small industrial facility has been completely renovated in 2025 and is suited for either manufacturing or warehouse applications. The property includes ground-level loading via a loading door and a secure, gated parking area for three vehicles, supporting controlled on-site access. Power is provided with 400 amps at 240 volts, three-phase service.
Located at 3361 Union Pacific Avenue in Los Angeles, the site is positioned about three blocks south of Olympic Boulevard, just east of the Grande Vista Avenue/Lorena Street area. It sits adjacent to the City of Vernon and is approximately two miles southeast of Downtown Los Angeles. Access to multiple major freeways is described as easy, including I-10, I-5, the 60, and the 101.
For buyers seeking an owner-user industrial property, the combination of renovated condition, ground-level loading, controlled gated parking, and three-phase electrical capacity can help support a range of light manufacturing or operational warehouse needs. The property is also identified as being within a Designated Qualified Opportunity Zone, which may be relevant to eligible investors and owners.
Located at 3361 Union Pacific Avenue in Los Angeles, the site is positioned about three blocks south of Olympic Boulevard, just east of the Grande Vista Avenue/Lorena Street area. It sits adjacent to the City of Vernon and is approximately two miles southeast of Downtown Los Angeles. Access to multiple major freeways is described as easy, including I-10, I-5, the 60, and the 101.
For buyers seeking an owner-user industrial property, the combination of renovated condition, ground-level loading, controlled gated parking, and three-phase electrical capacity can help support a range of light manufacturing or operational warehouse needs. The property is also identified as being within a Designated Qualified Opportunity Zone, which may be relevant to eligible investors and owners.
Key Highlights
- Completely renovated in 2025 industrial facility built in 1946
- Manufacturing or warehouse applications; suitable for owner‑user use
- Secure, gated parking for 3 vehicles
Local 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 | $46.6k | $18.96 |
| − Vacancy | −$3.0k | −$1.21 |
| EGI | $43.6k | $17.75 |
| − OpEx | −$6.5k | −$2.66 |
| NOI | $37.1k | $15.08 |
2,459 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$529.9K
$463.7K – $618.2K
NOI $37,093 @ 7.0% cap · market cap 6.19%
Second Best
Industrial
$436.4K
$381.8K – $509.1K
NOI $30,547 @ 7.0% cap · market cap 5.10%
Theoretical Best
Multifamily LT 5
$49.82M
$43.59M – $58.12M
NOI $3,487,250 @ 7.0% cap · market cap 582.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
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- Baker Cold Storage — 3001 Sierra Pine Ave, Vernon, CA 90058
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- Pilot Water Tower Warehouse — 2820 S Soto St, Los Angeles, CA 90023
- 99¢ Only Store Distribution Center — 3050 E Washington Blvd, Los Angeles, CA 90023
- Lineage — 3200 E Washington Blvd, Vernon, CA 90058
FAQs
What type of property is this?
Warehouse - Completely renovated 2025 industrial space with secure gated parking and ground-level loading access for owner-users.
Where is this warehouse located?
The property is located at 3361 Union Pacific Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Completely renovated in 2025 industrial facility built in 1946; Manufacturing or warehouse applications; suitable for owner‑user use; Secure, gated parking for 3 vehicles