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3537 Union Pacific Avenue, Los Angeles, CA 90023
Mixed-use properties
Property Size8,579 SF
Lot Size0.34 Acres
Price / SF$194.08
Days on Market216
Property Features for 3537 Union Pacific Avenue
General Information
Standard status
Active
Size
8,579 SF
Class
C
Lot size
0.34 Acres
Property subtype
Office, Industrial, Land
Occupancy
25%
Net Operating Income
$138,040
Building Details
Year Built
1960
Buildings
2
Tenancy
Multi
Listing Agency:
Cushman & Wakefield Los Angeles
Listed By:
Chris Maling · License #CA 01025809
(213) 618-3824
Source:
Crexi
Added: Mar 12
Changed: Oct 6
Last Checked: Oct 12 at 6:14PM
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 Cushman & Wakefield Los Angeles
Investment Insights
Based on property information with market context.
Key Highlights
- Three‑parcel property featuring an industrial building, office building, and parking lot.
- Located in the industrial area of Los Angeles.
- Combined building area of ±8,579 SF.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,573
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,131,460
$2.1M
Cap Rate 7%
$1,522,471
$1.5M
Cap Rate 9%
$1,184,144
$1.2M
Market Conditions
NOI Build-Up for 8,579 SF
Gross rent
$162.7K $18.96/SF
− Vacancy
−$10.4K −$1.21/SF
EGI
$152.2K $17.75/SF
− OpEx
−$45.7K −$5.32/SF
NOI
$106.6K $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%
$2,131,460
Cap Rate 7%
$1,522,471
Cap Rate 9%
$1,184,144
Alternative Uses
Best Use
Mixed Use
$2.48M
$2.17M – $2.90M
NOI $173,725 @ 7.0% cap · market cap 10.43%
Second Best
Industrial
$1.52M
$1.33M – $1.78M
NOI $106,573 @ 7.0% cap · market cap 6.40%
Theoretical Best
Multifamily LT 5
$173.81M
$152.08M – $202.77M
NOI $12,166,377 @ 7.0% cap · market cap 730.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,241
Businesses Nearby
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
Where is this mixed-use property located?
The property is located at 3537 Union Pacific Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,665,000.
What are key features of this property?
This property features: Three‑parcel property featuring an industrial building, office building, and parking lot.; Located in the industrial area of Los Angeles.; Combined building area of ±8,579 SF.
