Functional Warehouse with Recent
3690 Noakes St Los Angeles, CA
For Sale
Contact for pricing
Upgraded warehouse with gated parking, convenient freeway access.
Property Size12,870 SF
Lot Size0.50 Acres
Price / SF$248.64
Days on Market313
Property Features for 3690 Noakes St
General Information
- Standard status
- Active
- Size
- 12,870 SF
- Lot size
- 0.50 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
Lee & Associates
(323) 767-2041
Listed By:
Armen Kazaryan · License #01291719
(323) 767-2041
Source:
Moodyscre
Added: Sep 17, 2025
Changed: Jul 6
Last Checked: Jul 21 at 8:35AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This functional building offers dock-high loading and many upgrades. The property features a gated parking and loading area, LED lighting, a newer roof and skylights, HVAC, a roll-up door, and an electric gate. It is located minutes from Downtown Los Angeles, Vernon, and Commerce, with quick access to the 5, 60, 710, 10, and 101 Freeways. The building has a size of 12870 square feet.
Key Highlights
- Functional dock high building
- Gated parking/loading area
- Newer roof & skylights, HVAC, roll‑up door, electric gate
Financial Insights For Warehouse
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 | $244.0k | $18.96 |
| − Vacancy | −$15.6k | −$1.21 |
| EGI | $228.4k | $17.75 |
| − OpEx | −$34.3k | −$2.66 |
| NOI | $194.1k | $15.08 |
12,870 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.77M
$2.43M – $3.24M
NOI $194,138 @ 7.0% cap · market cap 6.07%
Second Best
Industrial
$2.28M
$2.00M – $2.66M
NOI $159,879 @ 7.0% cap · market cap 5.00%
Theoretical Best
Multifamily LT 5
$260.74M
$228.15M – $304.19M
NOI $18,251,693 @ 7.0% cap · market cap 570.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- U.S. Growers Cold Storage - Area 3 — 3269 E 44th St, Vernon, CA 90058
- Lineage — 1400 Los Palos St, Los Angeles, CA 90023
- Clutter Storage. — 1514-1566 S Indiana St, Los Angeles, CA 90023
- Lineage — 3211 E 44th St, Vernon, CA 90058
- Crossing Storage — Vernon, CA 90023
FAQs
What type of property is this?
Warehouse - Upgraded warehouse with gated parking, convenient freeway access.
Where is this warehouse located?
The property is located at 3690 Noakes St Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Functional dock high building; Gated parking/loading area; Newer roof & skylights, HVAC, roll‑up door, electric gate
