Two-Building Industrial
5575 Sheila St Commerce, CA 90040
5575 Sheila St, Commerce, CA, 90040
$4,949,999
For Sale
$4,949,999
Two separate warehouse buildings with dedicated office space on a multi-parcel Commerce site with ample parking.
Property Size15,500 SF
Lot Size0.89 Acres
Price / SF$319.35
Days on Market86
Property Features for 5575 Sheila St
General Information
- Standard status
- Active
- Size
- 15,500 SF
- Lot size
- 0.89 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1956
Listing agency
Real Broker
(323) 239-8012
Listed by
Jose Perez · License #01914917
(323) 239-8012
Source
Elliman
Added: Apr 29 Updated: Jul 22 at 9:43AM Checked: Jul 22 at 9:43AM
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 Real Broker
Investment Insights
Based on property information with market context.
Two separate warehouse buildings with dedicated office space are situated on a 38,702 SF lot, offering flexibility for owner-users or multi-tenant configurations. Warehouse A totals 8,500 SF and includes warehouse and office space, while Warehouse B totals 7,000 SF with the same warehouse-plus-office setup. Both buildings are described as being in great overall condition for immediate functionality.
The property comprises five (5) separate parcels, which can support operational flexibility and future site optionality. Ample on-site parking is available, and the location in Commerce provides convenient access to major transportation corridors including the I-5 and I-710 freeways. The listing notes this as an infill industrial area and highlights buyer responsibility to verify zoning and permitted uses.
The property comprises five (5) separate parcels, which can support operational flexibility and future site optionality. Ample on-site parking is available, and the location in Commerce provides convenient access to major transportation corridors including the I-5 and I-710 freeways. The listing notes this as an infill industrial area and highlights buyer responsibility to verify zoning and permitted uses.
Key Highlights
- Two separate warehouse buildings totaling 15,500 SF with dedicated office space on an 38,702 SF lot
- Warehouse A: 8,500 SF (warehouse + office); Warehouse B: 7,000 SF (warehouse + office)
- Property built in 1956, offering two‑building configuration for multiple occupancy strategies
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 | $595.2k | $38.40 |
| − Vacancy | −$143.4k | −$9.25 |
| EGI | $451.8k | $29.15 |
| − OpEx | −$112.9k | −$7.29 |
| NOI | $338.8k | $21.86 |
15,500 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.84M
$4.24M – $5.65M
NOI $338,818 @ 7.0% cap · market cap 6.84%
Second Best
Warehouse
$2.88M
$2.52M – $3.36M
NOI $201,685 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$8.30M
$7.26M – $9.68M
NOI $580,905 @ 7.0% cap · market cap 11.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- 32 Cold — 6020 Sheila St, Commerce, CA 90040
- Golden West Trading — 6020 Sheila St, Commerce, CA 90040
- Iron Mountain — 5620 Lindbergh Ln, Bell, CA 90201
- Commerce Center II — 6265 Bandini Blvd, Commerce, CA 90040
- CA - NY Express cross country movers LA — 5698 Bandini Blvd B, Bell, CA 90201
FAQs
What type of property is this?
Warehouse - Two separate warehouse buildings with dedicated office space on a multi-parcel Commerce site with ample parking.
Where is this warehouse located?
The property is located at 5575 Sheila St Commerce, CA.
What is the asking price?
The asking price for this property is $4,949,999.
What are key features of this property?
This property features: Two separate warehouse buildings totaling 15,500 SF with dedicated office space on an 38,702 SF lot; Warehouse A: 8,500 SF (warehouse + office); Warehouse B: 7,000 SF (warehouse + office); Property built in 1956, offering two‑building configuration for multiple occupancy strategies
