Freestanding Flex
For Sale
Contact for pricing
6323-6421 E Alondra Blvd, Paramount, CA 90723
Freestanding tilt-up warehouse with private fenced yard and a two-story office configuration.
Property Size28,058 SF
Price / SF$259
Days on Market127
Property Features for 6323-6421 E Alondra Blvd
General Information
Standard status
Active
Size
28,058 SF
Property subtype
INDUSTRIAL
Listing Agency:
NAI Capital
(626) 564-4800
Listed By:
John S. Archibald · License #00996775
(626) 660-8228
Source:
Moodyscre
Added: May 13
Changed: Aug 15
Last Checked: Sep 15 at 10:16AM
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 NAI Capital
Investment Insights
Based on property information with market context.
This freestanding flex warehouse is constructed of concrete tilt-up and includes a private, fenced yard. The building is configured as two combined spaces that can be kept together or divided, with divisibility from 13,198 SF. Warehouse clearance is 22'6".
A two-story office component totals 15,154 SF, with 7,577 SF on the ground floor and 7,577 SF on the mezzanine.
The overall layout supports flexible use between warehouse and office areas, with the option to operate as a single unit or split into separate spaces.
A two-story office component totals 15,154 SF, with 7,577 SF on the ground floor and 7,577 SF on the mezzanine.
The overall layout supports flexible use between warehouse and office areas, with the option to operate as a single unit or split into separate spaces.
Key Highlights
- Freestanding concrete tilt‑up building with a private fenced yard
- Divisible from 13,198 SF with two combined spaces that can be kept together or divided
- 22'6" clear height
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
$365,089
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
5.00%
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%
$7,301,780
$7.3M
Cap Rate 7%
$5,215,557
$5.2M
Cap Rate 9%
$4,056,544
$4.1M
Market Conditions
NOI Build-Up for 28,058 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
$451.2K $16.08/SF
− Vacancy
−$21.7K −$0.77/SF
EGI
$429.5K $15.31/SF
− OpEx
−$64.4K −$2.30/SF
NOI
$365.1K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /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%
$7,301,780
Cap Rate 7%
$5,215,557
Cap Rate 9%
$4,056,544
Alternative Uses
Best Use
Warehouse
$5.22M
$4.56M – $6.08M
NOI $365,089 @ 7.0% cap · market cap 5.00%
Second Best
Industrial
$4.68M
$4.10M – $5.46M
NOI $327,888 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$15.02M
$13.14M – $17.53M
NOI $1,051,550 @ 7.0% cap · market cap 14.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
797
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90723, CA
53,770
Population
14,585
Households
3.7
Avg Household Size
33
Median Age
13%
College-Educated
66%
High-School Grad
4.7 sq mi
ZIP Area
11,440
Density / Sq Mi
$70,912
Median Household Income
$35,032
Median Earnings
$1,772
Median Rent
$500,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Freestanding tilt-up warehouse with private fenced yard and a two-story office configuration.
Where is this flex space located?
The property is located at 6323-6421 E Alondra Blvd Paramount, CA.
What is the asking price?
The asking price for this property is $7,295,000.
What are key features of this property?
This property features: Freestanding concrete tilt‑up building with a private fenced yard; Divisible from 13,198 SF with two combined spaces that can be kept together or divided; 22'6" clear height
