Industrial Condo with Secured
3431-3499 S Main St Los Angeles, CA 90007
For Sale
Contact for pricing
Industrial condo featuring a sprinkler system, central heating and air, and a secured remote-controlled gate.
Property Size3,477 SF
Price / SF$272.94
Days on Market466
Property Features for 3431-3499 S Main St
General Information
- Standard status
- Active
- Size
- 3,477 SF
- Property subtype
- INDUSTRIAL
Listing Agency:
Newmark
(213) 503-0606
Listed By:
Brent Koo · License #01915382
(213) 503-0606
Source:
Moodyscre
Added: Apr 17, 2025
Changed: Jul 25
Last Checked: Jul 25 at 5:12AM
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 Newmark
Investment Insights
Based on property information with market context.
This industrial condo offers flex space functionality for a range of industrial uses. The unit is equipped with a sprinkler system and central air conditioning and heating for climate control. A secured, remote-controlled gate supports controlled access, and the property includes an indoor parking space.
The property is located at 3431–3499 S Main St in Los Angeles, CA 90007.
As an industrial condo, the space is designed for practical day-to-day operations, combining building systems and controlled access with indoor parking.
The property is located at 3431–3499 S Main St in Los Angeles, CA 90007.
As an industrial condo, the space is designed for practical day-to-day operations, combining building systems and controlled access with indoor parking.
Key Highlights
- Industrial condo equipped with a sprinkler system
- Central A/C and heating for year‑round climate control
- Secured, remote‑controlled gate
Financial Insights For Industrial
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 | $65.9k | $18.96 |
| − Vacancy | −$4.2k | −$1.21 |
| EGI | $61.7k | $17.75 |
| − OpEx | −$18.5k | −$5.32 |
| NOI | $43.2k | $12.42 |
3,477 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$617.0K
$539.9K – $719.9K
NOI $43,193 @ 7.0% cap · market cap 4.55%
Second Best
Flex RnD
$573.0K
$501.4K – $668.5K
NOI $40,108 @ 7.0% cap · market cap 4.23%
Theoretical Best
Multifamily LT 5
$70.44M
$61.64M – $82.18M
NOI $4,930,935 @ 7.0% cap · market cap 519.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- The Barbacoa Boyz — 3911 s figueroa st, los angeles, ca 90037
- Kensington Cafeteria — 700 state dr, los angeles, ca 90037
- Healthy Organic Kitchen — 358 W 38th St, Los Angeles, CA 90037
- MARISCOS SAN VICENTE — 4064 Avalon Blvd, Los Angeles, CA 90011
- I Jones Catering Kitchen — 3670 Broadway Pl, Los Angeles, CA 90007
FAQs
What type of property is this?
Flex space - Industrial condo featuring a sprinkler system, central heating and air, and a secured remote-controlled gate.
Where is this flex space located?
The property is located at 3431-3499 S Main St Los Angeles, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Industrial condo equipped with a sprinkler system; Central A/C and heating for year‑round climate control; Secured, remote‑controlled gate
