Food-Approved Cold Storage
534 STANFORD AVE Los Angeles, CA 90013
534 STANFORD AVE, Los Angeles, CA, 90013
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For Sale
Contact for pricing
Single-tenant cold storage and processing facility with freezer, refrigerator, and a front-gated yard for loading.
Property Size2,700 SF
Price / SF$472.22
Days on Market37
Property Features for 534 STANFORD AVE
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Property subtype
- Industrial, Mixed Use, Special Purpose
Building Details
- Year Built
- 1961
Listing agency
Hana Realty & Investment
Listed by
Young Kim · License #01999152
Source
Crexi
Added: Jun 16 Updated: Jul 22 at 3:49PM Checked: Jul 22 at 3:49PM
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 Hana Realty & Investment
Investment Insights
Based on property information with market context.
534 Stanford is a fully commissioned, single-tenant cold storage and food-licensed facility built for operational refrigeration and processing. The space includes a heavy-duty ultra-low temperature walk-in freezer room, a high-efficiency walk-in refrigerator/cooler room, and a fully insulated, food-safe processing room with stainless steel worktables, sanitization stations, and custom washdown wall paneling. Specialized floor drainage and plumbing are designed for high-volume liquid clearance. An on-site administrative office is air-conditioned and intended for dispatch, inventory control, and logistics management.
The property is zoned LAM2 and includes a secure, front-gated yard with space for loading and deliveries, plus two on-site parking spots. A street-facing roll-up loading door measuring 8’ wide by 12’ high supports direct access for inbound and outbound operations.
The property is zoned LAM2 and includes a secure, front-gated yard with space for loading and deliveries, plus two on-site parking spots. A street-facing roll-up loading door measuring 8’ wide by 12’ high supports direct access for inbound and outbound operations.
Key Highlights
- Single‑tenant 2,700 SF light industrial cold storage and food‑licensed facility (built 1961) in Downtown Los Angeles (90013).
- Ultra‑low temperature walk‑in commercial freezer room for cold storage operations.
- High‑efficiency walk‑in refrigerator/cooler room for chilled storage.
Local Financial Insights For Office B
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 | $105.0k | $38.88 |
| − Vacancy | −$19.5k | −$7.23 |
| EGI | $85.5k | $31.65 |
| − OpEx | −$21.4k | −$7.91 |
| NOI | $64.1k | $23.74 |
2,700 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$915.5K
$801.1K – $1.07M
NOI $64,088 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$54.70M
$47.86M – $63.82M
NOI $3,829,027 @ 7.0% cap · market cap 300.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tuna Express Co
Take-out & Catering
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Single-tenant cold storage and processing facility with freezer, refrigerator, and a front-gated yard for loading.
Where is this office units located?
The property is located at 534 STANFORD AVE Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Single‑tenant 2,700 SF light industrial cold storage and food‑licensed facility (built 1961) in Downtown Los Angeles (90013).; Ultra‑low temperature walk‑in commercial freezer room for cold storage operations.; High‑efficiency walk‑in refrigerator/cooler room for chilled storage.
