Warehouse with Grade-Level
New
For Sale
Contact for pricing
790 E Washington Blvd, Los Angeles, CA 90021
M1-1 zoning and 200-amp service accommodate light industrial and related commercial activity.
Property Size5,000 SF
Lot Size0.16 Acres
Price / SF$215
Days on Market5
Property Features for 790 E Washington Blvd
General Information
Standard status
Active
Size
5,000 SF
Lot size
0.16 Acres
Property subtype
Industrial
Zoning
M1-1
Warehouse & Industrial
Clear Height
13 ft
Office Build-Out
300 SF
Drive-In Doors
1
Power
200 amps
Additional Details
Opportunity Zone
Yes
Highway Access
Yes
Building Details
Year Built
1952
Buildings
1
Stories
1
Building Size
5,000 SF
Listing Agency:
Major Properties
Listed By:
Jesse McKenzie · License #CA 01939062
(714) 883-6875
Source:
Crexi
Added: Sep 21
Changed: Sep 24
Last Checked: Sep 24 at 2:36PM
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 Major Properties
Investment Insights
Based on property information with market context.
At 790 E Washington Boulevard, this freestanding, single-story industrial building offers approximately 5,000 SF on an approximately 6,937 SF lot. Built in 1952, it has 13-foot clear height, one grade-level loading door, approximately 300 SF of office space, and 200-amp power. The compact facility combines warehouse space with a dedicated office area.
The property is zoned M1-1 and is within a designated Opportunity Zone. Its Los Angeles location connects to I-10, US-101, I-5, and I-110. Downtown Los Angeles, the Arts District, and industrial corridors along Washington Boulevard are minutes away.
The property is zoned M1-1 and is within a designated Opportunity Zone. Its Los Angeles location connects to I-10, US-101, I-5, and I-110. Downtown Los Angeles, the Arts District, and industrial corridors along Washington Boulevard are minutes away.
Key Highlights
- Approximately 5,000 SF single‑story industrial building
- Approximately 6,937 SF lot
- 13‑foot clear height and one grade‑level loading door
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
$75,423
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
7.02%
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%
$1,508,460
$1.5M
Cap Rate 7%
$1,077,471
$1.1M
Cap Rate 9%
$838,033
$838.0K
Market Conditions
NOI Build-Up for 5,000 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
$94.8K $18.96/SF
− Vacancy
−$6.1K −$1.21/SF
EGI
$88.7K $17.75/SF
− OpEx
−$13.3K −$2.66/SF
NOI
$75.4K $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 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%
$1,508,460
Cap Rate 7%
$1,077,471
Cap Rate 9%
$838,033
Alternative Uses
Best Use
Warehouse
$1.08M
$942.8K – $1.26M
NOI $75,423 @ 7.0% cap · market cap 7.02%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$101.30M
$88.63M – $118.18M
NOI $7,090,790 @ 7.0% cap · market cap 659.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
13 ft
Clear height
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,136
Businesses Nearby
Balanced
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
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Los Angeles, CA
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Similar Off Market Nearby
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- Easy Packing — 1100 E 16th St unit c, Los Angeles, CA 90021
- Fort Self Storage — 1651 S Central Ave, Los Angeles, CA 90021
Frequently Asked Questions
What type of property is this?
Warehouse - M1-1 zoning and 200-amp service accommodate light industrial and related commercial activity.
Where is this warehouse located?
The property is located at 790 E Washington Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Approximately 5,000 SF single‑story industrial building; Approximately 6,937 SF lot; 13‑foot clear height and one grade‑level loading door
