Industrial Property with Office
For Sale
$4,750,000
3522 Union Pacific Avenue, Los Angeles, CA 90023
The building includes four ground-floor offices and a second-floor living area.
Property Size27,713 SF
Lot Size0.87 Acres
Price / SF$171.40
Days on Market447
Property Features for 3522 Union Pacific Avenue
General Information
Standard status
Active
Size
27,713 SF
Lot size
0.87 Acres
Property subtype
Industrial
Site & Location
Neighborhood
Boyle Heights
Additional Details
Property Use
Commercial Laundry
Building Details
Building Size
27,713 SF
Year Built
1946
Stories
2
Listing Agency:
Wallstreet Realty
(562) 228-5029
Listed By:
Arthur Hernandez · License #01840044
(562) 662-5979
Source:
Keyholderestates
Added: Aug 6, 2025
Changed: Oct 26
Last Checked: Oct 26 at 11:24AM
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 Wallstreet Realty
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 industrial property comprises 9 parcels totaling an estimated 37,800 square feet. The building, constructed in 1946, has four offices on the first floor and a living area on the second floor. Electrical service has been upgraded to support the business’s needs.
Key Highlights
- 9 parcels totaling an estimated 37,800 square feet
- Four first‑floor offices and a second‑floor living area
- Electrical service upgraded for business operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$344,267
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,885,340
$6.9M
Cap Rate 7%
$4,918,100
$4.9M
Cap Rate 9%
$3,825,189
$3.8M
Market Conditions
NOI Build-Up for 27,713 SF
Gross rent
$525.4K $18.96/SF
− Vacancy
−$33.6K −$1.21/SF
EGI
$491.8K $17.75/SF
− OpEx
−$147.5K −$5.32/SF
NOI
$344.3K $12.42/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,885,340
Cap Rate 7%
$4,918,100
Cap Rate 9%
$3,825,189
Alternative Uses
Best Use
Industrial
$4.92M
$4.30M – $5.74M
NOI $344,267 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$561.45M
$491.27M – $655.02M
NOI $39,301,412 @ 7.0% cap · market cap 827.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,241
Businesses Nearby
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
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Industrial property - The building includes four ground-floor offices and a second-floor living area.
Where is this industrial property located?
The property is located at 3522 Union Pacific Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: 9 parcels totaling an estimated 37,800 square feet; Four first‑floor offices and a second‑floor living area; Electrical service upgraded for business operations
