Free Standing Warehouse with Rear
For Sale
Contact for pricing
4230 E Washington Blvd, Commerce, CA 90023
Free standing warehouse with rear loading and M2 zoning, plus 400 Amp, 240/480V, 3-phase power.
Property Size3,920 SF
Price / SF$255.10
Days on Market29
Property Features for 4230 E Washington Blvd
General Information
Standard status
Active
Size
3,920 SF
Property subtype
INDUSTRIAL
Listing Agency:
Penta Pacific Properties
(562) 908-6012
Listed By:
Douglas Wells · License #00346517
(562) 908-6012
Source:
Moodyscre
Added: Jul 17
Changed: Aug 12
Last Checked: Aug 13 at 1:04PM
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 Penta Pacific Properties
Investment Insights
Based on property information with market context.
Free standing warehouse offering Washington Boulevard frontage and rear loading accessed on Pacific Way. The property is positioned for warehouse users with an M2 zoning designation.
The building is supported by electrical capacity including 400 Amp service with 240/480V and 3-phase power. With a total size of 3,920 square feet, the layout is intended to accommodate warehouse operations and logistics.
Convenient access is highlighted by its excellent proximity to Vernon and the LB 710 Freeway, supporting connectivity for distribution and regional delivery routes.
The building is supported by electrical capacity including 400 Amp service with 240/480V and 3-phase power. With a total size of 3,920 square feet, the layout is intended to accommodate warehouse operations and logistics.
Convenient access is highlighted by its excellent proximity to Vernon and the LB 710 Freeway, supporting connectivity for distribution and regional delivery routes.
Key Highlights
- 3,920 SF free standing warehouse
- Washington Boulevard frontage
- Loading in rear on Pacific Way
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,007
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,020,140
$1.0M
Cap Rate 7%
$728,671
$728.7K
Cap Rate 9%
$566,744
$566.7K
Market Conditions
NOI Build-Up for 3,920 SF
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.
Gross rent
$63.0K $16.08/SF
− Vacancy
−$3.0K −$0.77/SF
EGI
$60.0K $15.31/SF
− OpEx
−$9.0K −$2.30/SF
NOI
$51.0K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,020,140
Cap Rate 7%
$728,671
Cap Rate 9%
$566,744
Alternative Uses
Best Use
Warehouse
$728.7K
$637.6K – $850.1K
NOI $51,007 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.10M
$1.84M – $2.45M
NOI $146,913 @ 7.0% cap · market cap 14.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
Well-served
Demand for This Use
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 West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Greenland Cold Storage — 2939 S Sunol Dr, Los Angeles, CA 90023
- Baker Cold Storage — 4100 Bandini Blvd, Vernon, CA 90058
- Harvest — 4408 Bandini Blvd, Vernon, CA 90058
- Lineage — 4901 Bandini Blvd, Vernon, CA 90023
- Four Star Chemical — 4408 Ayers Ave, Vernon, CA 90058
Frequently Asked Questions
What type of property is this?
Warehouse - Free standing warehouse with rear loading and M2 zoning, plus 400 Amp, 240/480V, 3-phase power.
Where is this warehouse located?
The property is located at 4230 E Washington Blvd Commerce, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 3,920 SF free standing warehouse; Washington Boulevard frontage; Loading in rear on Pacific Way
