Food-Approved Cold Storage
For Sale
Contact for pricing
534 STANFORD AVE, Los Angeles, CA 90013
Single-tenant cold storage and processing facility with freezer, refrigerator, and a front-gated yard for loading.
Property Size2,700 SF
Price / SF$425.93
Days on Market128
Property Features for 534 STANFORD AVE
General Information
Standard status
Active
Size
2,700 SF
Total Parking Spaces
2
Property subtype
Industrial, Mixed Use, Special Purpose
Zoning
LAM2
Investment Type
Owner/User
Additional Details
Fenced Yard
Yes
Amenities
walk-in freezer
walk-in cooler
food-safe processing room
air-conditioned administrative office
stainless steel worktables
sanitization stations
specialized floor drainage
secure front-gated yard
Building Details
Year Built
1961
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Hana Realty & Investment
Listed By:
Young Kim · License #01999152
Source:
Crexi
Added: Jun 16
Changed: Oct 11
Last Checked: Oct 20 at 8:55PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,088
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,281,760
$1.3M
Cap Rate 7%
$915,543
$915.5K
Cap Rate 9%
$712,089
$712.1K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$105.0K $38.88/SF
− Vacancy
−$19.5K −$7.23/SF
EGI
$85.5K $31.65/SF
− OpEx
−$21.4K −$7.91/SF
NOI
$64.1K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,281,760
Cap Rate 7%
$915,543
Cap Rate 9%
$712,089
Alternative Uses
Best Use
Office B
$915.5K
$801.1K – $1.07M
NOI $64,088 @ 7.0% cap · market cap 5.57%
Second Best
Warehouse
$581.8K
$509.1K – $678.8K
NOI $40,728 @ 7.0% cap · market cap 3.54%
Theoretical Best
Multifamily LT 5
$54.70M
$47.86M – $63.82M
NOI $3,829,027 @ 7.0% cap · market cap 332.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
11,351
Businesses Nearby
Explore this area
Business Placement
Demographics for 90013, CA
15,589
Population
10,143
Households
1.5
Avg Household Size
43
Median Age
39%
College-Educated
85%
High-School Grad
0.7 sq mi
ZIP Area
22,270
Density / Sq Mi
$32,848
Median Household Income
$54,250
Median Earnings
$1,161
Median Rent
$786,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Refrigerated & cold storage - Single-tenant cold storage and processing facility with freezer, refrigerator, and a front-gated yard for loading.
Where is this refrigerated & cold storage located?
The property is located at 534 STANFORD AVE Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,150,000.
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.
