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$472.22
Days on Market83
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: Aug 24
Last Checked: Aug 31 at 4:23AM
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 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.
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
$64,088
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
5.03%
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%
$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
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
$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 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%
$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 5.03%
Second Best
Warehouse
$581.8K
$509.1K – $678.8K
NOI $40,728 @ 7.0% cap · market cap 3.19%
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 authorities.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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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 $1,275,000.
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.
