Industrial Property with Yard
3431 E 15th St, Los Angeles, CA
For Sale
Contact for pricing
Industrial building with yard space suitable for various uses.
Property Size5,400 SF
Lot Size0.38 Acres
Price / SF$435.19
Days on Market1380
Property Features for 3431 E 15th St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Listing Agency:
TOLD Partners Inc.
(818) 593-3800
Listed By:
Adam Hall
(818) 466-0254
Source:
Moodyscre
Added: Feb 1, 2023
Changed: Jul 6
Last Checked: Nov 10 at 9:02AM
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 TOLD Partners Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property features a 5,400-square-foot masonry building situated on 16,748 square feet of land. In addition to the main building, there are 1,800 square feet of accessory buildings. The property includes approximately 10,000 square feet of yard space, which is currently subject to month-to-month leases. The site offers ample space for equipment, production, and a variety of industrial uses.
Key Highlights
- 5,400 SF Masonry Building
- 16,748 SF of Land
- ±10,000 SF of Yard Space (Currently Subject to Month to Month Leases)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,457
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,629,140
$1.6M
Cap Rate 7%
$1,163,671
$1.2M
Cap Rate 9%
$905,078
$905.1K
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$102.4K $18.96/SF
− Vacancy
−$6.6K −$1.21/SF
EGI
$95.8K $17.75/SF
− OpEx
−$14.4K −$2.66/SF
NOI
$81.5K $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 Rate 5%
$1,629,140
Cap Rate 7%
$1,163,671
Cap Rate 9%
$905,078
Alternative Uses
Best Use
Warehouse
$1.16M
$1.02M – $1.36M
NOI $81,457 @ 7.0% cap · market cap 3.47%
Second Best
Industrial
$958.3K
$838.5K – $1.12M
NOI $67,082 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$2.25M
$1.97M – $2.63M
NOI $157,820 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,172
Businesses Nearby
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Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Manufacturing properties in Los Angeles, CA
Properties on Market for Manufacturing properties in Los Angeles
Vacancy Rate% for Industrial in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial building with yard space suitable for various uses.
Where is this manufacturing property located?
The property is located at 3431 E 15th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 5,400 SF Masonry Building; 16,748 SF of Land; ±10,000 SF of Yard Space (Currently Subject to Month to Month Leases)
