Industrial Building in Central Los
For Sale
$900,000
4363 Wall, Los Angeles, CA 90011
Single-story industrial building in central Los Angeles, approximately 4,945 sq ft.
Property Size4,945 SF
Lot Size0.13 Acres
Price / SF$182
Days on Market154
Property Features for 4363 Wall
General Information
Standard status
Active
Size
4,945 SF
Lot size
0.13 Acres
Property subtype
Industrial
Building Details
Building Size
4,945 SF
Year Built
1922
Listing Agency:
Corner Properties
(562) 577-4115
Listed By:
Carlos Rincon · License #01808549
(562) 577-4115
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 9 at 11:07AM
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 Corner Properties
Investment Insights
Based on property information with market context.
This single-story light industrial building in central Los Angeles offers approximately 4,945 sq ft of versatile space on a 5,778 sq ft lot. The property is zoned LAC2, making it suitable for warehousing, light manufacturing, or creative use. Its location near major freeways and downtown Los Angeles provides accessibility for logistics and workforce. The property features a functional layout, ample work area, and potential for onsite parking or yard space.
Key Highlights
- Versatile 4,945 sq ft light industrial building in central Los Angeles.
- LAC2 zoning allows for warehousing, light manufacturing, or creative uses.
- Convenient location near major freeways and downtown L.A. for excellent accessibility.
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
$75,868
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
8.43%
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%
$1,517,360
$1.5M
Cap Rate 7%
$1,083,829
$1.1M
Cap Rate 9%
$842,978
$843.0K
Market Conditions
NOI Build-Up for 4,945 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
$93.8K $18.96/SF
− Vacancy
−$4.5K −$0.91/SF
EGI
$89.3K $18.05/SF
− OpEx
−$13.4K −$2.71/SF
NOI
$75.9K $15.34/SF
Area
ZIP 90011
Vacancy
4.80%
Lease Rate
$18.96 /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%
$1,517,360
Cap Rate 7%
$1,083,829
Cap Rate 9%
$842,978
Alternative Uses
Best Use
Warehouse
$1.08M
$948.4K – $1.26M
NOI $75,868 @ 7.0% cap · market cap 8.43%
Second Best
Industrial
$877.6K
$767.9K – $1.02M
NOI $61,430 @ 7.0% cap · market cap 6.83%
Theoretical Best
Multifamily LT 5
$100.18M
$87.66M – $116.88M
NOI $7,012,791 @ 7.0% cap · market cap 779.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,978
Businesses Nearby
Explore this area
Business Placement
Demographics for 90011, CA
102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Single-story industrial building in central Los Angeles, approximately 4,945 sq ft.
Where is this manufacturing property located?
The property is located at 4363 Wall Los Angeles, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Versatile 4,945 sq ft light industrial building in central Los Angeles.; LAC2 zoning allows for warehousing, light manufacturing, or creative uses.; Convenient location near major freeways and downtown L.A. for excellent accessibility.
