Vernon Industrial Building on Large
For Sale
Contact for pricing
4337 S DOWNEY RD, Vernon, CA
5,249 SF industrial building on 0.48 acres in Vernon.
Property Size5,249 SF
Lot Size0.48 Acres
Price / SF$304.82
Days on Market84
Property Features for 4337 S DOWNEY RD
General Information
Standard status
Active
Size
5,249 SF
Lot size
0.48 Acres
Property subtype
Industrial
Zoning
VEM&MS1*
Investment Type
Owner/User
Building Details
Year Built
1955
Buildings
1
Stories
1
Units
3
Listing Agency:
Marcus & Millichap - South Bay
(559) 283-4526
Listed By:
Andrew DeFendis · License #CA 02192946
Source:
Crexi
Added: May 19
Changed: Aug 8
Last Checked: Jul 16 at 1:47AM
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 Marcus & Millichap - South Bay
Investment Insights
Based on property information with market context.
The property at 4337 Downey Road is a freestanding industrial building with approximately 5,249 square feet of space, situated on a 0.48-acre parcel. Located in Vernon, a premier industrial submarket of Los Angeles County, the property offers a rare opportunity for an owner-user or value-add investor. The site features a low floor-to-area ratio and a fully fenced, secured yard with significant excess land suitable for outdoor storage, container parking, or fleet staging. The building is enhanced by four oversized ground-level loading doors. The property is strategically located just south of Downtown Los Angeles, with immediate access to the I-110, I-710, I-5, and SR-60 freeways, providing connectivity to the Ports of Los Angeles and Long Beach, as well as the region’s primary intermodal rail yards. This location positions the asset within one of the most supply-constrained and tenant-driven industrial markets in the country.
Key Highlights
- Prime location in Vernon, a premier Los Angeles County industrial submarket.
- Rare opportunity for owner‑user or value‑add investor.
- Significant excess land suitable for outdoor storage, container parking, or fleet staging.
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
$61,340
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
3.83%
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%
$1,226,800
$1.2M
Cap Rate 7%
$876,286
$876.3K
Cap Rate 9%
$681,556
$681.6K
Market Conditions
NOI Build-Up for 5,249 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
$93.2K $17.76/SF
− Vacancy
−$5.6K −$1.07/SF
EGI
$87.6K $16.69/SF
− OpEx
−$26.3K −$5.01/SF
NOI
$61.3K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
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%
$1,226,800
Cap Rate 7%
$876,286
Cap Rate 9%
$681,556
Alternative Uses
Best Use
Industrial
$876.3K
$766.8K – $1.02M
NOI $61,340 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.81M
$2.46M – $3.28M
NOI $196,721 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - 5,249 SF industrial building on 0.48 acres in Vernon.
Where is this industrial property located?
The property is located at 4337 S DOWNEY RD Vernon, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Prime location in Vernon, a premier Los Angeles County industrial submarket.; Rare opportunity for owner‑user or value‑add investor.; Significant excess land suitable for outdoor storage, container parking, or fleet staging.
