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Clear-Span Warehouse with Parking
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5901 Mettler St, Los Angeles, CA 90003

Clear-span bow-truss warehouse with skylights and ground-level loading, plus parking/storage and two parcels across the street.

Property Size5,600 SF
Price / SF$178.21
Days on Market134

Property Features for 5901 Mettler St

General Information

Standard status Active
Size 5,600 SF
Property subtype Land
Zoning MR1-2D-CPIO
Investment Type Owner/User

Additional Details

Opportunity Zone Yes
Highway Access Yes
Drive-In Doors 1

Building Details

Stories 1
Listing Agency: Major Properties
Listed By: Jamie Kennedy · License #02426913
Source: Crexi
Added: Jun 9 Changed: Oct 10 Last Checked: Oct 19 at 7:11AM

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 Major Properties

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Investment Insights

Based on property information with market context.

This offering includes an industrial clear-span, bow-truss warehouse designed to support practical parking and storage needs. The property provides approximately 11,200 square feet of space available for parking or storage, with good natural light provided by skylights. Access is served by a ground-level loading door, and the existing configuration is straightforward for industrial use and day-to-day operations.

The site is located just south of Slauson Avenue and one block west of Avalon Blvd in Los Angeles, CA. It is less than one mile east of the Harbor (110) Freeway and about three miles south of the Santa Monica (I-10) Freeway and Downtown Los Angeles. In addition to the warehouse and parking area, there are two land parcels across the street included with the opportunity.

For an owner-user, the combination of a clear-span warehouse, natural light from skylights, and ground-level loading can be a workable fit for storage-focused operations that also benefit from on-site parking. The property is also designated as a Qualified Opportunity Zone, which may be relevant for eligible buyers evaluating how to structure ownership and use.

Key Highlights

  • Clear‑span bow truss warehouse with skylights and ground‑level loading door
  • Approximately 11,200 SF available for parking/storage with good natural light
  • Two additional land parcels across the street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$86,279
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,725,580 $1.7M
Cap Rate 7%
$1,232,557 $1.2M
Cap Rate 9%
$958,656 $958.7K
Market Conditions
NOI Build-Up for 5,600 SF
Gross rent
$106.2K $18.96/SF
− Vacancy
−$4.7K −$0.83/SF
EGI
$101.5K $18.13/SF
− OpEx
−$15.2K −$2.72/SF
NOI
$86.3K $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%
$1,725,580
Cap Rate 7%
$1,232,557
Cap Rate 9%
$958,656

Alternative Uses

Best Use
Warehouse
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,279 @ 7.0% cap · market cap 8.65%
Second Best
—
—
no second resolved use
Theoretical Best
Apartment 5plus
$99.00M
$86.63M – $115.51M (±1% cap)
NOI $6,930,303 @ 7.0% cap · market cap 694.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Spa & Massage Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,766
Businesses Nearby
Balanced
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Los Angeles, CA

1.8% 2019
2.4% 2020
0.9% 2021
1.2% 2022
3% 2023
4.6% 2024
4.6% 2025

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  • Nearby Self Storage Units - Los Angeles CA — 724 E 61st St, Los Angeles, CA 90001
  • U-Box Moving & Storage of Central Alameda — 890 E 59th St, Los Angeles, CA 90001

Frequently Asked Questions

What type of property is this?
Warehouse - Clear-span bow-truss warehouse with skylights and ground-level loading, plus parking/storage and two parcels across the street.
Where is this warehouse located?
The property is located at 5901 Mettler St Los Angeles, CA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Clear‑span bow truss warehouse with skylights and ground‑level loading door; Approximately 11,200 SF available for parking/storage with good natural light; Two additional land parcels across the street
(412) 589-2751 Call to check price and availability
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