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Industrial Building Near Fashion District

465 E 32nd St Los Angeles, CA 90011

465 E 32nd St, Los Angeles, CA, 90011
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12,400 SF industrial building near San Pedro St & 32nd St.

Property Size10,000 SF
Price / SF$289
AddedMay 21
Days on Market56
Last RefreshJul 13 at 4:31 am

Property Features for 465 E 32nd St

General Information

Standard status
Active
Size
10,000 SF
Property subtype
INDUSTRIAL

Listing office Magic Properties, Inc.

Listing date May 21, 2026

Source Moodyscre

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 Magic Properties, Inc.


Investment Insights

Based on property information with market context.

This industrial building offers approximately 12,400 square feet of space, including 10,000 square feet plus an additional 2,400 square feet. The building features a wide-open, rectangular layout with no interior posts. It is equipped with 400 Amps of 3 Phase power and includes 17 parking spaces. The property is located near the corner of San Pedro Street and 32nd Street, and is situated approximately 5 minutes from the Los Angeles Fashion District.

Key Highlights

  • Approximately 12,400 SF Building (10,000 SF + Free 2,400 SF)
  • Enjoy the wide‑open space with no posts inside – a wide open rectangle shape
  • 5 Minutes From L.A. Fashion District

Local Financial Insights For Industrial

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 $189.6k $18.96
− Vacancy −$12.1k −$1.21
EGI $177.5k $17.75
− OpEx −$53.2k −$5.32
NOI $124.2k $12.42
10,000 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%

Alternative Uses

Best Use
Industrial
$1.77M
$1.55M – $2.07M (±1% cap)
NOI $124,226 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$202.59M
$177.27M – $236.36M (±1% cap)
NOI $14,181,580 @ 7.0% cap · market cap 490.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Industrial properties

Suggested Use

Dental Office Pharmacy Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center Big Box & Wholesale Store Auto Parts Store Computer & Electronic Repair Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Industrial property - 12,400 SF industrial building near San Pedro St & 32nd St.
Where is this industrial property located?
The property is located at 465 E 32nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,890,000.
What are key features of this property?
This property features: Approximately 12,400 SF Building (10,000 SF + Free 2,400 SF); Enjoy the wide‑open space with **no posts inside – a wide open rectangle shape**; 5 Minutes From L.A. Fashion District
Contact an agent
(213) 321-3935 Call to check price and availability
More about this property
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