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Industrial Flex Building with Yard

777 E Washington Blvd Los Angeles, CA 90021

New
777 E Washington Blvd, Los Angeles, CA, 90021
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For Sale
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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 Market5

Property Features for 777 E Washington Blvd

General Information

Standard status
Active
Size
24,786 SF
Property subtype
INDUSTRIAL
Listing Agency Park Industrial Realty
Listed by Daniel Park
Source Moodyscre
Added: Jul 16 Checked: Jul 19 at 5:13 am

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


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.

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

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $469.9k $18.96
− Vacancy −$30.1k −$1.21
EGI $439.9k $17.75
− OpEx −$66.0k −$2.66
NOI $373.9k $15.08
24,786 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$5.34M
$4.67M – $6.23M (±1% cap)
NOI $373,886 @ 7.0% cap · market cap 5.75%
Second Best
Industrial
$4.40M
$3.85M – $5.13M (±1% cap)
NOI $307,906 @ 7.0% cap · market cap 4.74%
Theoretical Best
Multifamily LT 5
$502.15M
$439.38M – $585.84M (±1% cap)
NOI $35,150,463 @ 7.0% cap · market cap 540.78%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

EKB Textiles Big Box & Wholesale Store California Highway Patrol Highway Patrol

Suggested Use

Barber Shop (Bike/Boat/Book/etc) Store Nursing Home Grocery & Convenience Store Nursing Home Butcher Mobile Phone Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • El Guero Food truck — 1013 crocker st, los angeles, ca 90021
  • Four Seasons Catering — 1300 San Pedro St Suite 210, Los Angeles, CA 90015
  • Caters 4 you — 796 E 14th Pl, Los Angeles, CA 90021
  • Green Grace LA — 1225 E Washington Blvd Suite A, Los Angeles, CA 90021
  • Picky Doggy Food Trucks — 406 E 12th St, Los Angeles, CA 90015

FAQs

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
Contact an agent
(213) 446-0396 Call to check price and availability
More about this property
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