Warehouse with Secure
For Sale
Contact for pricing
4677 Worth St, Los Angeles, CA 90032
Warehouse offers expansive floor space with minimal posts, ample power, three grade-level loading positions, and a large secure yard.
Property Size27,000 SF
Price / SF$296.11
Days on Market335
Property Features for 4677 Worth St
General Information
Standard status
Active
Size
27,000 SF
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
3
Amenities
secure yard space
Listing Agency:
Lawrence Allen & Associates
(909) 525-4252
Listed By:
Andrew Chan
(626) 705-5277
Source:
Moodyscre
Added: Oct 14, 2025
Changed: Aug 13
Last Checked: Sep 13 at 11:23AM
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 Lawrence Allen & Associates
Investment Insights
Based on property information with market context.
This warehouse features expansive floor space with minimal posts, designed to keep interior layouts more open and usable. The building also includes ample power and three grade-level loading positions to support efficient receiving and operations. Outside, there is a large secure yard space for additional storage or staging needs.
The property is centrally located near DTLA at 4677 Worth St, Los Angeles, CA 90032.
With its open interior configuration, multiple grade-level loading points, and secure yard, the property is positioned for users who value straightforward access and practical on-site space.
The property is centrally located near DTLA at 4677 Worth St, Los Angeles, CA 90032.
With its open interior configuration, multiple grade-level loading points, and secure yard, the property is positioned for users who value straightforward access and practical on-site space.
Key Highlights
- Expansive warehouse floor space with minimal posts
- Ample power available
- 3 grade‑level loading positions
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
$407,284
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
5.09%
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%
$8,145,680
$8.1M
Cap Rate 7%
$5,818,343
$5.8M
Cap Rate 9%
$4,525,378
$4.5M
Market Conditions
NOI Build-Up for 27,000 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
$511.9K $18.96/SF
− Vacancy
−$32.8K −$1.21/SF
EGI
$479.2K $17.75/SF
− OpEx
−$71.9K −$2.66/SF
NOI
$407.3K $15.08/SF
Area
Los Angeles, CA
Vacancy
6.40%
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%
$8,145,680
Cap Rate 7%
$5,818,343
Cap Rate 9%
$4,525,378
Alternative Uses
Best Use
Warehouse
$5.82M
$5.09M – $6.79M
NOI $407,284 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$547.00M
$478.63M – $638.17M
NOI $38,290,265 @ 7.0% cap · market cap 478.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
857
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90032, CA
43,506
Population
14,139
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
71%
High-School Grad
4.8 sq mi
ZIP Area
9,064
Density / Sq Mi
$81,563
Median Household Income
$38,223
Median Earnings
$1,571
Median Rent
$780,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Modern Installations LLC — 1540 N Indiana St A, Los Angeles, CA 90063
- Ladon Storage Facility — 4007 Medford St, Los Angeles, CA 90063
- Autoluxe LA — 4101 Whiteside St, Los Angeles, CA 90063
- Public Storage — 1747 N Eastern Ave, Los Angeles, CA 90032
- ReadySpaces — 1919 Vineburn Ave, Los Angeles, CA 90032
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse offers expansive floor space with minimal posts, ample power, three grade-level loading positions, and a large secure yard.
Where is this warehouse located?
The property is located at 4677 Worth St Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,995,000.
What are key features of this property?
This property features: Expansive warehouse floor space with minimal posts; Ample power available; 3 grade‑level loading positions
