Warehouse For
For Sale
Contact for pricing
796 E 14th Pl, Los Angeles, CA 90015
Warehouse property offered for sale, with instructions to verify all information including power details.
Property Size3,820 SF
Price / SF$395.29
Days on Market50
Property Features for 796 E 14th Pl
General Information
Standard status
Active
Size
3,820 SF
Total Parking Spaces
7
Property subtype
Office, Industrial
Zoning
M2
Building Details
Year Built
1989
Listing Agency:
DAUM Commercial Real Estate
(213) 820-1686
Listed By:
Kam Elghanian · License #CA- 01044538
Source:
Crexi
Added: Jul 11
Changed: Aug 17
Last Checked: Aug 26 at 9:45PM
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 DAUM Commercial Real Estate
Investment Insights
Based on property information with market context.
This warehouse property is offered for sale as part of the commercial real estate category and is listed as an other warehouse asset. The broker notes that interested parties should verify the information provided, including power availability.
The property is located at 796 E 14th Pl in Los Angeles, CA 90015. Because the listing explicitly requests verification of details and includes a power check item, buyers are encouraged to conduct their own due diligence prior to moving forward.
The property is located at 796 E 14th Pl in Los Angeles, CA 90015. Because the listing explicitly requests verification of details and includes a power check item, buyers are encouraged to conduct their own due diligence prior to moving forward.
Key Highlights
- Warehouse property for sale
- Built in 1989
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
$57,623
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
3.82%
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%
$1,152,460
$1.2M
Cap Rate 7%
$823,186
$823.2K
Cap Rate 9%
$640,256
$640.3K
Market Conditions
NOI Build-Up for 3,820 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
$72.4K $18.96/SF
− Vacancy
−$4.6K −$1.21/SF
EGI
$67.8K $17.75/SF
− OpEx
−$10.2K −$2.66/SF
NOI
$57.6K $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%
$1,152,460
Cap Rate 7%
$823,186
Cap Rate 9%
$640,256
Alternative Uses
Best Use
Warehouse
$823.2K
$720.3K – $960.4K
NOI $57,623 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$77.39M
$67.72M – $90.29M
NOI $5,417,363 @ 7.0% cap · market cap 358.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,884
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90015, CA
27,324
Population
14,635
Households
1.9
Avg Household Size
34
Median Age
48%
College-Educated
79%
High-School Grad
1.7 sq mi
ZIP Area
16,073
Density / Sq Mi
$63,211
Median Household Income
$47,819
Median Earnings
$2,385
Median Rent
$1,000,800
Median Home Value
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
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- Fort Self Storage — 1651 S Central Ave, Los Angeles, CA 90021
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property offered for sale, with instructions to verify all information including power details.
Where is this warehouse located?
The property is located at 796 E 14th Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,510,000.
What are key features of this property?
This property features: Warehouse property for sale; Built in 1989
