Pico Rivera Warehouse
For Sale
$2,100,000
Pending
7744 Industry Ave, Pico Rivera, CA 90660
10,125 SF warehouse on 21,000 SF lot for sale.
Property Size10,125 SF
Lot Size0.47 Acres
Days on Market166
Property Features for 7744 Industry Ave
General Information
Standard status
Pending
Size
10,125 SF
Lot size
0.47 Acres
Property subtype
Industrial
Building Details
Year Built
1956
Listing Agency:
J & J Brokers & Associates
(213) 381-3858
Listed By:
Jorge Garcia · License #01148112
Source:
Elliman
Added: Mar 11
Changed: Jul 6
Last Checked: Aug 14 at 10:31AM
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 J & J Brokers & Associates
Investment Insights
Based on property information with market context.
Located in Pico Rivera, this property presents an opportunity for investors or owner-users. The building offers 10,125 square feet of space on approximately 21,000 square feet of land. It features two dock-high doors and approximately 9,000 square feet of freezer, cooler, and processing space. There is sufficient area for parking in front of the building and off the street. Note that there is a BK case pending resolution; offers can be submitted pending court final acceptance.
Key Highlights
- Approximately 9,000 SF of Freezer, Cooler, and Processing Space
- Building Size: 10,125 SF on Approx. 21,000 SF of Land
- Located in a Safe Area of Pico Rivera
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
$131,746
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
6.27%
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%
$2,634,920
$2.6M
Cap Rate 7%
$1,882,086
$1.9M
Cap Rate 9%
$1,463,844
$1.5M
Market Conditions
NOI Build-Up for 10,125 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
$162.8K $16.08/SF
− Vacancy
−$7.8K −$0.77/SF
EGI
$155.0K $15.31/SF
− OpEx
−$23.2K −$2.30/SF
NOI
$131.7K $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%
$2,634,920
Cap Rate 7%
$1,882,086
Cap Rate 9%
$1,463,844
Alternative Uses
Best Use
Warehouse
$1.88M
$1.65M – $2.20M
NOI $131,746 @ 7.0% cap · market cap 6.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.42M
$4.74M – $6.32M
NOI $379,462 @ 7.0% cap · market cap 18.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90660, CA
62,013
Population
17,281
Households
3.6
Avg Household Size
38
Median Age
16%
College-Educated
72%
High-School Grad
7.8 sq mi
ZIP Area
7,950
Density / Sq Mi
$86,956
Median Household Income
$41,526
Median Earnings
$1,775
Median Rent
$621,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 9011 Bermudez St, Pico Rivera, CA 90660
- Gallop Warehouse & Distribution INC. — 1561 Chapin Rd, Montebello, CA 90640
- Preferred Self Storage Unit — 8905 rex rd, pico rivera, ca 90660
- VL Moving USA — 6209 Randolph St, Commerce, CA 90040
- U-Pack — 8001 Telegraph Rd, Pico Rivera, CA 90660
Frequently Asked Questions
What type of property is this?
Warehouse - 10,125 SF warehouse on 21,000 SF lot for sale.
Where is this warehouse located?
The property is located at 7744 Industry Ave Pico Rivera, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Approximately 9,000 SF of Freezer, Cooler, and Processing Space; Building Size: 10,125 SF on Approx. 21,000 SF of Land; Located in a Safe Area of Pico Rivera
