Freestanding Warehouse and
For Sale
Contact for pricing
6433 ALONDRA BLVD, Paramount, CA 90723
Freestanding warehouse delivers vacant at close of escrow, with racking included for qualified owner-users.
Property Size9,165 SF
Lot Size0.68 Acres
Price / SF$360.07
Days on Market60
Property Features for 6433 ALONDRA BLVD
General Information
Standard status
Active
Size
9,165 SF
Lot size
0.68 Acres
Property subtype
Industrial
Additional Details
Business Included
Yes
Building Details
Year Built
1985
Listing Agency:
Hana Realty & Investment
Listed By:
Young Kim · License #01999152
Source:
Crexi
Added: Jun 9
Changed: Jul 10
Last Checked: Aug 7 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 Hana Realty & Investment
Investment Insights
Based on property information with market context.
This freestanding warehouse and distribution building totals 9,165 square feet and is situated on a 29,529 square foot lot within the Paramount Business Park. The property is currently occupied, but it will deliver vacant at the close of escrow. Existing racking conveys with the sale, which can support immediate storage and distribution planning for the right tenant or owner-user.
The building’s location within a business park setting provides a streamlined environment for industrial operations, with the property positioned for straightforward use as a warehouse and distribution facility. Lot size supports the site’s use as a standalone industrial property within the park.
For owner-users, the combination of a freestanding layout, on-site racking that conveys, and a delivery timeframe tied to escrow can make this a practical fit for companies looking to take control of their warehousing and distribution footprint. While the property is occupied today, the stated vacancy upon closing offers continuity for planning and operational transition. SBA financing is available for qualified buyers, and lender connections are available upon request.
The building’s location within a business park setting provides a streamlined environment for industrial operations, with the property positioned for straightforward use as a warehouse and distribution facility. Lot size supports the site’s use as a standalone industrial property within the park.
For owner-users, the combination of a freestanding layout, on-site racking that conveys, and a delivery timeframe tied to escrow can make this a practical fit for companies looking to take control of their warehousing and distribution footprint. While the property is occupied today, the stated vacancy upon closing offers continuity for planning and operational transition. SBA financing is available for qualified buyers, and lender connections are available upon request.
Key Highlights
- Freestanding 9,165 SF warehouse and distribution building in Paramount Business Park
- 29,529 SF lot (0.68 acres) with freestanding warehouse/distribution improvements
- Currently occupied but will deliver vacant at the close of escrow
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
$119,254
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
3.61%
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%
$2,385,080
$2.4M
Cap Rate 7%
$1,703,629
$1.7M
Cap Rate 9%
$1,325,044
$1.3M
Market Conditions
NOI Build-Up for 9,165 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
$147.4K $16.08/SF
− Vacancy
−$7.1K −$0.77/SF
EGI
$140.3K $15.31/SF
− OpEx
−$21.0K −$2.30/SF
NOI
$119.3K $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%
$2,385,080
Cap Rate 7%
$1,703,629
Cap Rate 9%
$1,325,044
Alternative Uses
Best Use
Warehouse
$1.70M
$1.49M – $1.99M
NOI $119,254 @ 7.0% cap · market cap 3.61%
Second Best
Industrial
$1.53M
$1.34M – $1.79M
NOI $107,103 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$4.91M
$4.29M – $5.72M
NOI $343,483 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,058
Businesses Nearby
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?
Distribution center - Freestanding warehouse delivers vacant at close of escrow, with racking included for qualified owner-users.
Where is this distribution center located?
The property is located at 6433 ALONDRA BLVD Paramount, CA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Freestanding 9,165 SF warehouse and distribution building in Paramount Business Park; 29,529 SF lot (0.68 acres) with freestanding warehouse/distribution improvements; Currently occupied but will deliver vacant at the close of escrow
