Industrial and Office Flex
3537 Union Pacific Ave Los Angeles, CA 90023
3537 Union Pacific Ave, Los Angeles, CA, 90023
Contact for pricing
For Sale
Contact for pricing
Three-parcel property with an industrial building, a two-unit office building, and a parking lot, sold as-is.
Property Size8,579 SF
Price / SF$299.57
Days on Market121
Property Features for 3537 Union Pacific Ave
General Information
- Standard status
- Active
- Size
- 8,579 SF
- Property subtype
- Industrial
Listing agency
Avison Young - Downtown Los Angeles
(213) 453-1770
Listed by
David Maling · License #CA 01139115
Source
Crexi
Added: Mar 25 Updated: Jul 22 at 10:53PM Checked: Jul 22 at 10:53PM
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 Avison Young - Downtown Los Angeles
Investment Insights
Based on property information with market context.
This three-parcel, two-building flex-style property includes one industrial building, one two-unit office building, and a parking lot on a single lot. The offering totals approximately 8,579 square feet across the buildings, with approximately 14,881 square feet of lot area that includes parking. The property is being sold in “as-is” condition, and the lender/seller has limited available information due to the foreclosure acquisition.
The buildings are located in the industrial area of Los Angeles, California, with the parking lot supporting day-to-day vehicle needs for tenants or operations.
The office component is configured as two separate units, and the industrial building provides additional space alongside the on-site parking lot. This layout can support a range of owner-user or investor strategies depending on buyer objectives.
The buildings are located in the industrial area of Los Angeles, California, with the parking lot supporting day-to-day vehicle needs for tenants or operations.
The office component is configured as two separate units, and the industrial building provides additional space alongside the on-site parking lot. This layout can support a range of owner-user or investor strategies depending on buyer objectives.
Key Highlights
- Three‑parcel property at 3537 Union Pacific Avenue and 1415‑1425 Esperanza Street, Los Angeles, CA
- Includes one industrial building, one 2‑unit office building, and a parking lot
- Combined building area of ±8,579 SF
Local Financial Insights For Office B
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 | $333.6k | $38.88 |
| − Vacancy | −$62.0k | −$7.23 |
| EGI | $271.5k | $31.65 |
| − OpEx | −$67.9k | −$7.91 |
| NOI | $203.6k | $23.74 |
8,579 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.91M
$2.55M – $3.39M
NOI $203,633 @ 7.0% cap · market cap 7.92%
Second Best
Industrial
$1.52M
$1.33M – $1.78M
NOI $106,573 @ 7.0% cap · market cap 4.15%
Theoretical Best
Multifamily LT 5
$173.81M
$152.08M – $202.77M
NOI $12,166,377 @ 7.0% cap · market cap 473.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
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FAQs
What type of property is this?
Flex space - Three-parcel property with an industrial building, a two-unit office building, and a parking lot, sold as-is.
Where is this flex space located?
The property is located at 3537 Union Pacific Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,570,000.
What are key features of this property?
This property features: Three‑parcel property at 3537 Union Pacific Avenue and 1415‑1425 Esperanza Street, Los Angeles, CA; Includes one industrial building, one 2‑unit office building, and a parking lot; Combined building area of ±8,579 SF
