Industrial Single Tenant
For Sale
Contact for pricing
639 Maple Ave, Los Angeles, CA 90014
Industrial single tenant property with 6,150 square feet available for rent.
Property Size6,150 SF
Price / SF$390.24
Days on Market188
Property Features for 639 Maple Ave
General Information
Standard status
Active
Size
6,150 SF
Property subtype
INDUSTRIAL
Properties For Sale
at 639 Maple Ave
639 Maple Ave
AVAILABLE, Now
Size
6,150 SF
Type
INDUSTRIAL
Lease Type
NNN
Sublease
No
Free Standing Building
Ground Level Loading w/Easy Truck Access
Located in DTLA Fashion District
Excellent Accessibility to 10, 101, & 110 Fwys
Contact us
Listing Agency:
WESTMAC Commercial Brokerage Company
(310) 478-7700
Listed By:
Milan Ashley · License #02114806
(310) 901-6852
Source:
Moodyscre
Added: Mar 27
Changed: Sep 29
Last Checked: Sep 30 at 1:38PM
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 WESTMAC Commercial Brokerage Company
Investment Insights
Based on property information with market context.
This industrial property offers a single tenant space encompassing 6,150 square feet. The property is located in Los Angeles, CA.
Key Highlights
- Industrial Property
- Single Tenant
- 6,150 SqFt
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
$76,399
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
3.18%
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%
$1,527,980
$1.5M
Cap Rate 7%
$1,091,414
$1.1M
Cap Rate 9%
$848,878
$848.9K
Market Conditions
NOI Build-Up for 6,150 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
$116.6K $18.96/SF
− Vacancy
−$7.5K −$1.21/SF
EGI
$109.1K $17.75/SF
− OpEx
−$32.7K −$5.32/SF
NOI
$76.4K $12.42/SF
Area
Los Angeles, CA
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%
$1,527,980
Cap Rate 7%
$1,091,414
Cap Rate 9%
$848,878
Alternative Uses
Best Use
Industrial
$1.09M
$955.0K – $1.27M
NOI $76,399 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$124.60M
$109.02M – $145.36M
NOI $8,721,672 @ 7.0% cap · market cap 363.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
22,011
Businesses Nearby
Explore this area
Business Placement
Demographics for 90014, CA
9,254
Population
7,618
Households
1.2
Avg Household Size
38
Median Age
43%
College-Educated
86%
High-School Grad
0.3 sq mi
ZIP Area
30,847
Density / Sq Mi
$33,822
Median Household Income
$61,856
Median Earnings
$1,604
Median Rent
$644,700
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial single tenant property with 6,150 square feet available for rent.
Where is this industrial property located?
The property is located at 639 Maple Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Industrial Property; Single Tenant; 6,150 SqFt
