Industrial Laundry
3522 Union Pacific Avenue Los Angeles Los Angeles, CA 90023
New
3522 Union Pacific Avenue Los Angeles, Los Angeles, CA, 90023
$5,750,000
For Sale
$5,750,000
Industrial property with office space and a second-floor living area, operated as a commercial laundry since 1979.
Property Size27,713 SF
Lot Size0.87 Acres
Price / SF$207.48
Days on Market2
Property Features for 3522 Union Pacific Avenue Los Angeles
General Information
- Standard status
- Active
- Size
- 27,713 SF
- Lot size
- 0.87 Acres
Building Details
- Year Built
- 1946
Listing Agency
(909) 328-1567
Listed by
Christian Moran
(909) 328-1567
Source
Rmarealty
Added: Jul 15 Checked: Jul 16 at 2:16 am
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 Christian Moran
Investment Insights
Based on property information with market context.
This property consists of 9 parcels and an estimated total of 37,800 square feet. The building includes a second-floor living area and four first-floor offices. The site has been used as a commercial laundry since 1979.
Located at 3522 Union Pacific Avenue in Los Angeles, CA (90023), the property is currently supported by upgraded electrical service intended to meet the needs of the business.
For buyers seeking an industrial facility with on-site office and residential-style space within the building layout, this configuration is already established around the prior laundry operation.
Located at 3522 Union Pacific Avenue in Los Angeles, CA (90023), the property is currently supported by upgraded electrical service intended to meet the needs of the business.
For buyers seeking an industrial facility with on-site office and residential-style space within the building layout, this configuration is already established around the prior laundry operation.
Key Highlights
- Property consists of 9 parcels totaling approximately 37,800 SF of land (0.8678 acres).
- Commercial laundry use since 1979, with upgraded electrical service to support business needs.
- Building includes 4 first‑floor offices plus a second‑floor living area.
Local 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 | $525.4k | $18.96 |
| − Vacancy | −$33.6k | −$1.21 |
| EGI | $491.8k | $17.75 |
| − OpEx | −$147.5k | −$5.32 |
| NOI | $344.3k | $12.42 |
27,713 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Office B
$9.40M
$8.22M – $10.96M
NOI $657,802 @ 7.0% cap · market cap 11.44%
Second Best
Industrial
$4.92M
$4.30M – $5.74M
NOI $344,267 @ 7.0% cap · market cap 5.99%
Theoretical Best
Multifamily LT 5
$561.45M
$491.27M – $655.02M
NOI $39,301,412 @ 7.0% cap · market cap 683.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
magic denim
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Industrial property with office space and a second-floor living area, operated as a commercial laundry since 1979.
Where is this manufacturing property located?
The property is located at 3522 Union Pacific Avenue Los Angeles Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Property consists of 9 parcels totaling approximately 37,800 SF of land (0.8678 acres).; Commercial laundry use since 1979, with upgraded electrical service to support business needs.; Building includes 4 first‑floor offices plus a second‑floor living area.
