Industrial Flex Building with
For Sale
Contact for pricing
777 E Washington Blvd, Los Angeles, CA 90021
Free-standing industrial flex building with a secure fenced yard, office buildout, dock and ground-level loading, and heavy power.
Property Size24,786 SF
Price / SF$262.24
Days on Market95
Property Features for 777 E Washington Blvd
General Information
Standard status
Active
Size
24,786 SF
Total Parking Spaces
19
Property subtype
INDUSTRIAL
Lease Type
Gross
Warehouse & Industrial
Clear Height
14 ft
Heavy Power
Yes
Additional Details
Fenced Yard
Yes
Properties For Sale
at 777 E Washington Blvd
777 E Washington Blvd
AVAILABLE, 30 Days
Size
24,786 SF
Type
INDUSTRIAL
Lease Type
GROSS
Sublease
No
Free Standing Building Close to DTLA Fashion District
Secure Fenced & Gated Lot for App. 19 Cars
Ground Level & Dock High Loading
Large Upgraded Office Area
Heavy Power - 1200 Amps
14' Min Clear Height
Contact us
Listing Agency:
Park Industrial Realty
Listed By:
Daniel Park
(213) 446-0396
Source:
Moodyscre
Added: Jul 16
Changed: Oct 16
Last Checked: Oct 16 at 12:02PM
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 Park Industrial Realty
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Investment Insights
Based on property information with market context.
This free-standing industrial flex building features a ground-level and dock-high loading configuration, along with a large, upgraded office area. The property includes a secure, fenced, and gated lot designed to accommodate app. 19 cars. Construction supports heavy electrical capacity, with 1,200 amps noted in the offering.
Clear height is listed at a 14' minimum. The building is described as being close to DTLA Fashion District.
With a combination of loading options, substantial on-site office space, and dedicated yard parking, the property is positioned for occupancies that need both warehousing capabilities and functional office support within a secured site.
Clear height is listed at a 14' minimum. The building is described as being close to DTLA Fashion District.
With a combination of loading options, substantial on-site office space, and dedicated yard parking, the property is positioned for occupancies that need both warehousing capabilities and functional office support within a secured site.
Key Highlights
- Free‑standing industrial flex building near DTLA Fashion District
- Secure, fenced and gated lot with parking for up to 19 cars (App.)
- Ground‑level and dock high loading
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$373,886
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,477,720
$7.5M
Cap Rate 7%
$5,341,229
$5.3M
Cap Rate 9%
$4,154,289
$4.2M
Market Conditions
NOI Build-Up for 24,786 SF
Gross rent
$469.9K $18.96/SF
− Vacancy
−$30.1K −$1.21/SF
EGI
$439.9K $17.75/SF
− OpEx
−$66.0K −$2.66/SF
NOI
$373.9K $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%
$7,477,720
Cap Rate 7%
$5,341,229
Cap Rate 9%
$4,154,289
Alternative Uses
Best Use
Warehouse
$5.34M
$4.67M – $6.23M
NOI $373,886 @ 7.0% cap · market cap 5.75%
Second Best
Industrial
$4.40M
$3.85M – $5.13M
NOI $307,906 @ 7.0% cap · market cap 4.74%
Theoretical Best
Multifamily LT 5
$502.15M
$439.38M – $585.84M
NOI $35,150,463 @ 7.0% cap · market cap 540.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
14 ft
Clear height
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
3,614
Businesses Nearby
Under-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Flex space - Free-standing industrial flex building with a secure fenced yard, office buildout, dock and ground-level loading, and heavy power.
Where is this flex space located?
The property is located at 777 E Washington Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Free‑standing industrial flex building near DTLA Fashion District; Secure, fenced and gated lot with parking for up to 19 cars (App.); Ground‑level and dock high loading
