Freestanding Warehouse with Fenced
729 Merchant St, Los Angeles, CA 90021
For Sale
Contact for pricing
Industrial facility includes office space, a fenced yard, and loading access for warehouse operations.
Property Size7,500 SF
Price / SF$313.33
Days on Market54
Property Features for 729 Merchant St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Fenced Yard
Warehouse & Industrial
Clear Height
Office Build-Out
Dock-High Doors
Drive-In Doors
Listing Agency:
Daily Investment Co.
13 92929
Listed By:
Steven Kim
(213) 446-5959
Source:
Moodyscre
Added: Sep 16
Changed: Nov 3
Last Checked: Nov 6 at 10:14AM
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 Daily Investment Co.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding warehouse building contains 7,500 SF, including 560 SF of office space. Interior clear height ranges from 15 to 22 feet, providing functional volume for warehouse use. The property also includes a fenced yard and a combination of dock-high and ground-level loading doors.
Loading infrastructure includes 4 dock-high doors and 2 ground-level doors, supporting multiple access points for receiving and distribution. The property is located at 729 Merchant St in Los Angeles, California.
Loading infrastructure includes 4 dock-high doors and 2 ground-level doors, supporting multiple access points for receiving and distribution. The property is located at 729 Merchant St in Los Angeles, California.
Key Highlights
- 7,500 SF freestanding warehouse building
- 560 SF of office space
- 15'-22' clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,134
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,262,680
$2.3M
Cap Rate 7%
$1,616,200
$1.6M
Cap Rate 9%
$1,257,044
$1.3M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$142.2K $18.96/SF
− Vacancy
−$9.1K −$1.21/SF
EGI
$133.1K $17.75/SF
− OpEx
−$20.0K −$2.66/SF
NOI
$113.1K $15.08/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,262,680
Cap Rate 7%
$1,616,200
Cap Rate 9%
$1,257,044
Alternative Uses
Best Use
Warehouse
$1.62M
$1.41M – $1.89M
NOI $113,134 @ 7.0% cap · market cap 4.81%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$151.95M
$132.95M – $177.27M
NOI $10,636,185 @ 7.0% cap · market cap 452.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
22 ft
Clear height
4
Dock-high doors
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
7,673
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90021, CA
5,192
Population
1,694
Households
3.1
Avg Household Size
46
Median Age
20%
College-Educated
64%
High-School Grad
2.0 sq mi
ZIP Area
2,596
Density / Sq Mi
$32,250
Median Household Income
$35,528
Median Earnings
$984
Median Rent
$1,075,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Los Angeles, CA
Properties on Market for Warehouses in Los Angeles
Vacancy Rate% for Industrial in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial facility includes office space, a fenced yard, and loading access for warehouse operations.
Where is this warehouse located?
The property is located at 729 Merchant St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 7,500 SF freestanding warehouse building; 560 SF of office space; 15'-22' clear height
