Bow Truss Warehouse with
For Sale
Contact for pricing
5912 Mettler St, Los Angeles, CA 90003
5,600 SF warehouse with land for parking/storage.
Property Size5,600 SF
Lot Size0.26 Acres
Price / SF$160
Days on Market150
Property Features for 5912 Mettler St
General Information
Standard status
Active
Size
5,600 SF
Lot size
0.26 Acres
Property subtype
Industrial
Zoning
LAMR1-2D-CPIO
Investment Type
Owner/User
Building Details
Year Built
1952
Buildings
1
Stories
1
Listing Agency:
Major Properties
(310) 880-2329
Listed By:
Anthony Behar · License #CA 01368565
Source:
Crexi
Added: Mar 19
Changed: Aug 8
Last Checked: Aug 13 at 12:49PM
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
Investment Insights
Based on property information with market context.
The property features a 5,600 square foot clear span, bow truss warehouse, accompanied by two 5,600 square foot land parcels located across the street. This provides a total of approximately 11,200 square feet available for parking or storage. The warehouse benefits from good natural light due to the presence of skylights. It includes a ground-level loading door, a 400 square foot office area, and a restroom with a shower. The property is zoned LAMR1-2D-CPIO and is situated just south of Slauson Avenue, one block west of Avalon Blvd. Its location is less than one mile east of the Harbor (110) Freeway and three miles south of the Santa Monica (I-10) Freeway and Downtown Los Angeles. The property is located in a designated Qualified Opportunity Zone and is ideal for an owner-user.
Key Highlights
- ±11,200 SF total available with warehouse and land parcels.
- Designated Qualified Opportunity Zone.
- Excellent location near Harbor (110) and Santa Monica (I‑10) Freeways.
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
$69,567
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
7.76%
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%
$1,391,340
$1.4M
Cap Rate 7%
$993,814
$993.8K
Cap Rate 9%
$772,967
$773.0K
Market Conditions
NOI Build-Up for 5,600 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
$106.2K $18.96/SF
− Vacancy
−$6.8K −$1.21/SF
EGI
$99.4K $17.75/SF
− OpEx
−$29.8K −$5.32/SF
NOI
$69.6K $12.42/SF
Area
ZIP 90003
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
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%
$1,391,340
Cap Rate 7%
$993,814
Cap Rate 9%
$772,967
Alternative Uses
Best Use
Office B
$1.94M
$1.70M – $2.27M
NOI $136,120 @ 7.0% cap · market cap 15.19%
Second Best
Warehouse
$1.23M
$1.08M – $1.44M
NOI $86,279 @ 7.0% cap · market cap 9.63%
Theoretical Best
Apartment 5plus
$99.00M
$86.63M – $115.51M
NOI $6,930,303 @ 7.0% cap · market cap 773.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,661
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - 5,600 SF warehouse with land for parking/storage.
Where is this warehouse located?
The property is located at 5912 Mettler St Los Angeles, CA.
What is the asking price?
The asking price for this property is $896,000.
What are key features of this property?
This property features: ±11,200 SF total available with warehouse and land parcels.; Designated Qualified Opportunity Zone.; Excellent location near Harbor (110) and Santa Monica (I‑10) Freeways.
