Warehouse with Extra Electrical
For Sale
$1,575,000
5965 S Avalon, Los Angeles, CA 90003
Warehouse with newly permitted added electrical capacity, office space, and on-site parking options for industrial or storage use.
Property Size5,625 SF
Days on Market246
Property Features for 5965 S Avalon
General Information
Standard status
Active
Size
5,625 SF
Property subtype
Warehouse
Additional Details
Highway Access
Yes
Building Details
Building Size
5,625 SF
Year Built
1957
Listing Agency:
Jill Mitchell, EA 805-558-4545 Overview Additional information MLS R ID SR26008472 Interior features Cooling Yes Heating Yes Exterior features Lot Size 0.14 Acres Other property details Archetype Realty Request a tour Contact agent Request a tour Contact agent Listed by Jill Mitchell CA DRE# 01344552 with Jill Mitchell, EA 805-558-4545
Listed By:
Jill Mitchell CA DRE# 01344552 · License #01344552
(805) 558-4545
Source:
Archetyperealty
Added: Jan 13
Changed: Sep 11
Last Checked: Sep 15 at 11:55AM
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 Jill Mitchell, EA 805-558-4545 Overview Additional information MLS R ID SR26008472 Interior features Cooling Yes Heating Yes Exterior features Lot Size 0.14 Acres Other property details Archetype Realty Request a tour Contact agent Request a tour Contact agent Listed by Jill Mitchell CA DRE# 01344552 with Jill Mitchell, EA 805-558-4545
Investment Insights
Based on property information with market context.
This warehouse offers newly permitted additional electrical capacity to support expanded operational needs. The layout includes two office spaces, two bathrooms, and three great rooms, making it adaptable for industrial use, storage, or growing/agriculture-related applications. Parking is available inside the lot, in the lot, and on the street, supporting both employee and visitor access.
Located at 5965 S Avalon in Los Angeles, the property is close to other industrial and commercial properties and provides freeway access, with downtown nearby. Built in 1957, the warehouse is positioned for tenants seeking straightforward space with practical parking and additional electrical capacity.
Located at 5965 S Avalon in Los Angeles, the property is close to other industrial and commercial properties and provides freeway access, with downtown nearby. Built in 1957, the warehouse is positioned for tenants seeking straightforward space with practical parking and additional electrical capacity.
Key Highlights
- Newly permitted for extra electrical capacity
- Two office spaces
- Two bathrooms and three great rooms
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
$86,664
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
5.50%
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%
$1,733,280
$1.7M
Cap Rate 7%
$1,238,057
$1.2M
Cap Rate 9%
$962,933
$962.9K
Market Conditions
NOI Build-Up for 5,625 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
$106.7K $18.96/SF
− Vacancy
−$4.7K −$0.83/SF
EGI
$102.0K $18.13/SF
− OpEx
−$15.3K −$2.72/SF
NOI
$86.7K $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 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%
$1,733,280
Cap Rate 7%
$1,238,057
Cap Rate 9%
$962,933
Alternative Uses
Best Use
Warehouse
$1.24M
$1.08M – $1.44M
NOI $86,664 @ 7.0% cap · market cap 5.50%
Second Best
—
—
no second resolved use
Theoretical Best
Apartment 5plus
$99.45M
$87.02M – $116.02M
NOI $6,961,242 @ 7.0% cap · market cap 441.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
Under-served
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 Industrial in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 1712 Glendale Blvd, Los Angeles, CA 90026
- Thriftee Mini Storage — 1717 Glendale Blvd, Los Angeles, CA 90026
- Iron Mountain — 1717 Glendale Blvd, Los Angeles, CA 90026
- United Safe and Vault Movers — 1929 Blake Ave, Los Angeles, CA 90039
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse with newly permitted added electrical capacity, office space, and on-site parking options for industrial or storage use.
Where is this warehouse located?
The property is located at 5965 S Avalon Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Newly permitted for extra electrical capacity; Two office spaces; Two bathrooms and three great rooms
