Connected Commercial Buildings For
For Sale
$1,499,000
5867 Crocker, Los Angeles, CA 90003
Two connected commercial buildings with gated parking and loading doors.
Property Size6,600 SF
Days on Market339
Property Features for 5867 Crocker
General Information
Standard status
Active
Size
6,600 SF
Property subtype
Warehouse
Building Details
Building Size
6,600 SF
Year Built
1947
Listing Agency:
Corner Properties
Listed By:
Carlos Rincon · License #01808549
(562) 577-4115
Source:
Truthrealty
Added: Nov 3, 2025
Changed: Sep 26
Last Checked: Oct 7 at 6:50PM
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 Corner Properties
Investment Insights
Based on property information with market context.
This commercial property features two connected buildings with separate gated parking and roll-up loading doors. The interiors have been recently renovated. The property includes a private rear patio and an expansive open floor plan with high ceilings. It is equipped with a new 400 Amp, 240 Volt, 3-phase electrical system. Located in a designated Opportunity Zone, this versatile space is suitable for storage, light manufacturing, production, packaging, or creative workspace; buyer to verify permitted uses. The property is situated in a clean, secure, and quiet area.
Key Highlights
- Expansive open floor plan with high ceilings
- New 400 Amp, 240 Volt, 3‑phase electrical system
- Two connected units with separate gated parking and roll‑up loading doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,686
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,033,720
$2.0M
Cap Rate 7%
$1,452,657
$1.5M
Cap Rate 9%
$1,129,844
$1.1M
Market Conditions
NOI Build-Up for 6,600 SF
Gross rent
$125.1K $18.96/SF
− Vacancy
−$5.5K −$0.83/SF
EGI
$119.6K $18.13/SF
− OpEx
−$17.9K −$2.72/SF
NOI
$101.7K $15.41/SF
Area
ZIP 90003
Vacancy
4.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,033,720
Cap Rate 7%
$1,452,657
Cap Rate 9%
$1,129,844
Alternative Uses
Best Use
Office B
$2.29M
$2.01M – $2.67M
NOI $160,428 @ 7.0% cap · market cap 10.70%
Second Best
Warehouse
$1.45M
$1.27M – $1.69M
NOI $101,686 @ 7.0% cap · market cap 6.78%
Theoretical Best
Apartment 5plus
$116.68M
$102.10M – $136.13M
NOI $8,167,857 @ 7.0% cap · market cap 544.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,766
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Two connected commercial buildings with gated parking and loading doors.
Where is this manufacturing property located?
The property is located at 5867 Crocker Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Expansive open floor plan with high ceilings; New 400 Amp, 240 Volt, 3‑phase electrical system; Two connected units with separate gated parking and roll‑up loading doors
