Multi-Tenant Industrial
5337 Cahuenga Blvd Los Angeles, CA 91601
5337 Cahuenga Blvd, Los Angeles, CA, 91601
$5,400,000
For Sale
$5,400,000
Industrial complex with 12’ clear height across multiple units, plus additional land and an owner-occupied yard area.
Property Size14,280 SF
Price / SF$378.15
Days on Market15
Property Features for 5337 Cahuenga Blvd
General Information
- Standard status
- Active
- Size
- 14,280 SF
- Property subtype
- Industrial
Listing agency
Stevenson Real Estate Services
(818) 956-7001
Listed by
David Stevenson · License #01228475
(818) 956-7001
Source
Elliman
Added: Jul 8 Updated: Jul 21 at 7:58PM Checked: Jul 22 at 9:34AM
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 Stevenson Real Estate Services
Investment Insights
Based on property information with market context.
The property is an industrial complex originally developed as a multi-tenant industrial park with ten (10) units, and currently operated as seven (7) units. The owner occupies three (3) units and a yard area in the northern portion of the property, while the remaining four (4) units are vacant. Each unit offers 12’ clear height, and the complex is served by eleven (11) electrical meters. The site was originally striped for 47 parking spaces, supporting practical on-site operations for tenants and visitors.
Located at 5337 Cahuenga Blvd, Los Angeles, CA 91601, the property includes additional land that can help support expanded use and flexibility for an owner-occupier or investor. The available unit sizes provide options ranging from smaller configurations to larger space needs within the overall industrial setup.
Located at 5337 Cahuenga Blvd, Los Angeles, CA 91601, the property includes additional land that can help support expanded use and flexibility for an owner-occupier or investor. The available unit sizes provide options ranging from smaller configurations to larger space needs within the overall industrial setup.
Key Highlights
- Industrial complex originally built as a multi‑tenant park; 10 units originally, currently operated as 7 units
- Units range from approximately 1,000–2,000 SF; 4 of the 7 units are vacant
- Owner currently occupies 3 units plus the northern yard area, approximately 8,000 SF
Local Financial Insights For Warehouse
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 | $270.7k | $18.96 |
| − Vacancy | −$17.3k | −$1.21 |
| EGI | $253.4k | $17.75 |
| − OpEx | −$38.0k | −$2.66 |
| NOI | $215.4k | $15.08 |
14,280 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.08M
$2.69M – $3.59M
NOI $215,408 @ 7.0% cap · market cap 3.99%
Second Best
Industrial
$2.53M
$2.22M – $2.96M
NOI $177,395 @ 7.0% cap · market cap 3.29%
Theoretical Best
Multifamily LT 5
$289.30M
$253.14M – $337.52M
NOI $20,251,296 @ 7.0% cap · market cap 375.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Deluxe Motion Picture Catering — North Hollywood, CA 91601
- Under the Canape Inc — North Hollywood, CA 91601
- Joey Meatballs — Los Angeles area, Hollywood, CA 90028
- Impeccable Taste Catering — 10940 Burbank Blvd, North Hollywood, CA 91601
- Food Fetish — 10650 Burbank Blvd, North Hollywood, CA 91601
FAQs
What type of property is this?
Flex space - Industrial complex with 12’ clear height across multiple units, plus additional land and an owner-occupied yard area.
Where is this flex space located?
The property is located at 5337 Cahuenga Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: Industrial complex originally built as a multi‑tenant park; 10 units originally, currently operated as 7 units; Units range from approximately 1,000–2,000 SF; 4 of the 7 units are vacant; Owner currently occupies 3 units plus the northern yard area, approximately 8,000 SF
