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Lawndale Warehouse/Creative Office/Flex Space
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4337 W 147th St, Lawndale, CA 90260

10,000 SF building with on-site parking in Lawndale.

Property Size10,000 SF
Price / SF$138
Days on Market165

Property Features for 4337 W 147th St

General Information

Standard status Active
Size 10,000 SF
Class C
Property subtype Industrial, Mixed Use, Office, Self Storage, Special Purpose
Zoning LCN2
Occupancy 20%
Lease Type Gross
Investment Type Redevelopment
Net Operating Income $126,340

Building Details

Year Built 1923
Buildings 1
Stories 2
Units 3
Tenancy Multi
Listing Agency: Lyon Stahl Investment Real Estate
Listed By: Christopher Bald · License #Lyon Stahl Investment Real Estate
Source: Crexi
Added: Feb 27 Changed: Aug 8 Last Checked: Aug 10 at 11:48AM

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 Lyon Stahl Investment Real Estate

Investment Insights

Based on property information with market context.

Located in Lawndale, this 10,000 SF building offers a combination of warehouse, creative, office, and flex space. The two-story property features a 3,000 SF street-facing karate studio, a 2,000 SF ground-floor flex unit, and a 5,000 SF open-plan upper level suitable for creative office, training/education, wellness, or light showroom/warehouse purposes. The property includes nine exclusive on-site parking spaces, supplemented by ample street parking, providing convenient access for tenants and customers. The building is zoned General Commercial/Neighborhood Commercial, permitting most professional offices, personal services, retail, and many entertainment/recreation uses either by right or with a Special Use Permit. The property can be repositioned as a multi-tenant creative campus or branded owner-user headquarters. Future owners have the option to pursue a residential or mixed-use concept. The asset will operate at a 12.96% CAP and 6.04 GRM once stabilized.

Key Highlights

  • On‑site dedicated parking (9 spaces) plus ample street parking, a rare and valuable amenity.
  • High potential CAP rate of 12.96% and GRM of 6.04 once stabilized.
  • Versatile 10,000 SF space suitable for warehouse, creative office, flex space, or retail.

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
$116,861
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
8.47%
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%
$2,337,220 $2.3M
Cap Rate 7%
$1,669,443 $1.7M
Cap Rate 9%
$1,298,456 $1.3M
Market Conditions
NOI Build-Up for 10,000 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
$177.6K $17.76/SF
− Vacancy
−$10.7K −$1.07/SF
EGI
$166.9K $16.69/SF
− OpEx
−$50.1K −$5.01/SF
NOI
$116.9K $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%
$2,337,220
Cap Rate 7%
$1,669,443
Cap Rate 9%
$1,298,456

Alternative Uses

Best Use
Office B
$3.12M
$2.73M – $3.64M (±1% cap)
NOI $218,592 @ 7.0% cap · market cap 15.84%
Second Best
Warehouse
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,119 @ 7.0% cap · market cap 9.43%
Theoretical Best
Office A
$5.35M
$4.68M – $6.25M (±1% cap)
NOI $374,777 @ 7.0% cap · market cap 27.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Acupuncture Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,607
Businesses Nearby
Under-served
Demand for This Use

Demographics for 90260, CA

33,338
Population
10,787
Households
3.1
Avg Household Size
36
Median Age
23%
College-Educated
75%
High-School Grad
2.5 sq mi
ZIP Area
13,335
Density / Sq Mi
$86,736
Median Household Income
$38,183
Median Earnings
$1,877
Median Rent
$745,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 10,000 SF building with on-site parking in Lawndale.
Where is this flex space located?
The property is located at 4337 W 147th St Lawndale, CA.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: On‑site dedicated parking (9 spaces) plus ample street parking, a rare and valuable amenity.; High potential CAP rate of 12.96% and GRM of 6.04 once stabilized.; Versatile 10,000 SF space suitable for warehouse, creative office, flex space, or retail.
(310) 259-7556 Call to check price and availability
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