Light Industrial Warehouse
For Sale
$1,865,000
5500 S Santa Fe, Vernon, CA 90058
Functional warehouse space with 200A, 120/240V, 3-phase power, zoned for light industrial use.
Property Size6,550 SF
Lot Size0.23 Acres
Price / SF$284.73
Days on Market51
Property Features for 5500 S Santa Fe
General Information
Standard status
Active
Size
6,550 SF
Lot size
0.23 Acres
Property subtype
Industrial
Additional Details
Heavy Power
Yes
Building Details
Building Size
6,550 SF
Year Built
1981
Listing Agency:
Richard Rodriguez Jr, Broker
Listed By:
Richard Rodriguez · License #02060568
(562) 843-1017
Source:
Velocityrealtysd
Added: Jul 20
Changed: Sep 4
Last Checked: Sep 7 at 9:59AM
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 Richard Rodriguez Jr, Broker
Investment Insights
Based on property information with market context.
The property includes approximately 6,550 square feet of industrial improvements on a 9,829-square-foot lot, offering functional warehouse space within a secured site. Electrical service is listed at 200A with 120/240V, 3-phase power, supporting a range of light industrial operations.
The asset is located at 5500 S Santa Fe in Vernon, CA 90058 and is described as an infill industrial location. The property is zoned for light industrial use.
The current offering presents a compact industrial footprint with power and zoning aligned to light industrial requirements.
The asset is located at 5500 S Santa Fe in Vernon, CA 90058 and is described as an infill industrial location. The property is zoned for light industrial use.
The current offering presents a compact industrial footprint with power and zoning aligned to light industrial requirements.
Key Highlights
- Approximately 6,550 SF of industrial improvements with functional warehouse space
- 9,829 SF lot with a secure site
- 200A service with 120/240V, 3‑phase power
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
$85,228
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
4.57%
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%
$1,704,560
$1.7M
Cap Rate 7%
$1,217,543
$1.2M
Cap Rate 9%
$946,978
$947.0K
Market Conditions
NOI Build-Up for 6,550 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
$105.3K $16.08/SF
− Vacancy
−$5.1K −$0.77/SF
EGI
$100.3K $15.31/SF
− OpEx
−$15.0K −$2.30/SF
NOI
$85.2K $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%
$1,704,560
Cap Rate 7%
$1,217,543
Cap Rate 9%
$946,978
Alternative Uses
Best Use
Warehouse
$1.22M
$1.07M – $1.42M
NOI $85,228 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.51M
$3.07M – $4.09M
NOI $245,479 @ 7.0% cap · market cap 13.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
1,149
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90058, CA
3,751
Population
1,179
Households
3.2
Avg Household Size
31
Median Age
22%
College-Educated
58%
High-School Grad
5.8 sq mi
ZIP Area
647
Density / Sq Mi
$36,680
Median Household Income
$24,594
Median Earnings
$1,030
Median Rent
$456,500
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 - Functional warehouse space with 200A, 120/240V, 3-phase power, zoned for light industrial use.
Where is this warehouse located?
The property is located at 5500 S Santa Fe Vernon, CA.
What is the asking price?
The asking price for this property is $1,865,000.
What are key features of this property?
This property features: Approximately 6,550 SF of industrial improvements with functional warehouse space; 9,829 SF lot with a secure site; 200A service with 120/240V, 3‑phase power
