Industrial Warehouse
For Sale
Contact for pricing
4651 Pacific Blvd, Vernon, CA 90058
Industrial warehouse building totaling 8,770 sq. ft., offered for sale.
Property Size8,770 SF
Price / SF$239.45
Days on Market142
Property Features for 4651 Pacific Blvd
General Information
Standard status
Active
Size
8,770 SF
Total Parking Spaces
9
Property subtype
Industrial
Zoning
C-1 Overlay
Investment Type
Owner/User
Building Details
Year Built
1948
Buildings
1
Stories
1
Listing Agency:
Major Properties
Listed By:
Ryan Kirschner · License #CA 02317290
(323) 538-2882
Source:
Crexi
Added: Apr 17
Changed: Aug 13
Last Checked: Aug 28 at 8:04PM
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 Major Properties
Investment Insights
Based on property information with market context.
The property is an industrial warehouse building with a total size of 8,770 square feet. It is being offered for sale.
Located at 4651 Pacific Blvd in Vernon, CA 90058, the asset is listed under the industrial and warehouse property type categories.
For buyers seeking a warehouse-sized facility, this offering provides a single industrial building configuration sized for general warehouse use.
Located at 4651 Pacific Blvd in Vernon, CA 90058, the asset is listed under the industrial and warehouse property type categories.
For buyers seeking a warehouse-sized facility, this offering provides a single industrial building configuration sized for general warehouse use.
Key Highlights
- Industrial warehouse building totaling 8,770 sq. ft.
- Built in 1948
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
$114,115
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
5.43%
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%
$2,282,300
$2.3M
Cap Rate 7%
$1,630,214
$1.6M
Cap Rate 9%
$1,267,944
$1.3M
Market Conditions
NOI Build-Up for 8,770 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
$141.0K $16.08/SF
− Vacancy
−$6.8K −$0.77/SF
EGI
$134.3K $15.31/SF
− OpEx
−$20.1K −$2.30/SF
NOI
$114.1K $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%
$2,282,300
Cap Rate 7%
$1,630,214
Cap Rate 9%
$1,267,944
Alternative Uses
Best Use
Warehouse
$1.63M
$1.43M – $1.90M
NOI $114,115 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.70M
$4.11M – $5.48M
NOI $328,680 @ 7.0% cap · market cap 15.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,149
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90058, CA
3,751
Population
1,179
Households
3.2
Avg Household Size
31
Median Age
22%
College-Educated
58%
High-School Grad
5.8 sq mi
ZIP Area
647
Density / Sq Mi
$36,680
Median Household Income
$24,594
Median Earnings
$1,030
Median Rent
$456,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse building totaling 8,770 sq. ft., offered for sale.
Where is this warehouse located?
The property is located at 4651 Pacific Blvd Vernon, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Industrial warehouse building totaling 8,770 sq. ft.; Built in 1948
