Industrial Buildings with
For Sale
$5,400,000
5337 Cahuenga Boulevard, North Hollywood, CA 91601
Two industrial buildings offered with an approx. 8,000 SF yard, 12' clear height, and 47 parking spaces.
Property Size14,280 SF
Days on Market55
Property Features for 5337 Cahuenga Boulevard
General Information
Standard status
Active
Size
14,280 SF
Total Parking Spaces
47
Additional Details
Clear Height
12 ft
Building Details
Building Size
14,280 SF
Buildings
2
Stories
1
Listing Agency:
Stevenson Real Estate Services
(818) 956-7001
Listed By:
David Stevenson · License #01228475
(818) 956-7001
Source:
Evrealestate
Added: Jul 7
Changed: Aug 26
Last Checked: Aug 29 at 8:30AM
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.
Two industrial buildings are offered for sale, providing a combined warehouse footprint of approximately 14,280 square feet. The property includes an approximately 8,000 square foot yard and clear height of 12 feet, supporting a variety of light industrial and distribution uses that benefit from outdoor staging.
The site includes 47 parking spaces, making it well-suited for operations that require on-site employee and visitor parking. The property is located at 5337 Cahuenga Blvd in North Hollywood, CA 91601.
Offered as a single sale, the package provides both indoor warehouse space and dedicated outdoor yard area, with the 12' clear height as a practical feature for storage and workflow flexibility.
The site includes 47 parking spaces, making it well-suited for operations that require on-site employee and visitor parking. The property is located at 5337 Cahuenga Blvd in North Hollywood, CA 91601.
Offered as a single sale, the package provides both indoor warehouse space and dedicated outdoor yard area, with the 12' clear height as a practical feature for storage and workflow flexibility.
Key Highlights
- Two industrial buildings for sale
- Approximately 8,000 SF yard included
- 12' clear height
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
$185,810
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
3.44%
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%
$3,716,200
$3.7M
Cap Rate 7%
$2,654,429
$2.7M
Cap Rate 9%
$2,064,556
$2.1M
Market Conditions
NOI Build-Up for 14,280 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
$229.6K $16.08/SF
− Vacancy
−$11.0K −$0.77/SF
EGI
$218.6K $15.31/SF
− OpEx
−$32.8K −$2.30/SF
NOI
$185.8K $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%
$3,716,200
Cap Rate 7%
$2,654,429
Cap Rate 9%
$2,064,556
Alternative Uses
Best Use
Warehouse
$2.65M
$2.32M – $3.10M
NOI $185,810 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.65M
$6.69M – $8.92M
NOI $535,182 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12 ft
Clear height
Location Intelligence
Trade Area within ½ mile
2,663
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91601, CA
39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Two industrial buildings offered with an approx. 8,000 SF yard, 12' clear height, and 47 parking spaces.
Where is this warehouse located?
The property is located at 5337 Cahuenga Boulevard North Hollywood, 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: Two industrial buildings for sale; Approximately 8,000 SF yard included; 12' clear height
