Sun Valley Industrial
8000-8010 Wheatland Ave, Los Angeles, CA 91352
For Sale
$1,299,000
2,900 SF Industrial Condo, Office Size ± 750 SF + Cold Storage
Property Size2,900 SF
Lot Size3.19 Acres
Price / SF$447.93
Days on Market670
Property Features for 8000-8010 Wheatland Ave
General Information
Standard status
Property type
Size
Class
Elevators
Lot size
Investment Type
Building Details
Year Built
Buildings
Stories
Units
Listed By:
Brett Warner
(818) 933-0302
Added: Jan 14, 2025
Changed: Mar 16
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in Sun Valley, CA, this industrial condo offers 2,900 square feet of space suitable for an owner-user. Constructed in 1986, the property features block construction and a minimum clearance height of 15 feet. Approximately 750 square feet are dedicated to office space, complemented by cold storage facilities. The unit includes one ground-level door measuring 10x12 feet, facilitating convenient loading and unloading. Electrical needs are met with a 200-amp, 220-volt, 3-phase electrical service. The property provides six parking spaces, including four reserved spaces and two open spaces. Situated on approximately 3.19 acres of land, this versatile space is suitable for various businesses seeking a functional industrial space in a prime location.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,725
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,174,500
$1.2M
Cap Rate 7%
$838,929
$838.9K
Cap Rate 9%
$652,500
$652.5K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$104.4K $36.00/SF
− Vacancy
−$10.4K −$3.60/SF
EGI
$94.0K $32.40/SF
− OpEx
−$35.2K −$12.15/SF
NOI
$58.7K $20.25/SF
Area
Los Angeles, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,174,500
Cap Rate 7%
$838,929
Cap Rate 9%
$652,500
Alternative Uses
Best Use
Mixed Use
$838.9K
$734.1K – $978.8K
NOI $58,725 @ 7.0% cap · market cap 4.52%
Second Best
Industrial
$514.7K
$450.3K – $600.4K
NOI $36,026 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,755 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
Explore this area
Business Placement
Demographics for 91352, CA
47,274
Population
13,119
Households
3.6
Avg Household Size
37
Median Age
18%
College-Educated
67%
High-School Grad
11.6 sq mi
ZIP Area
4,075
Density / Sq Mi
$74,621
Median Household Income
$35,570
Median Earnings
$1,761
Median Rent
$700,100
Median Home Value
Market
Average Price Trend$/SF for Other industrial properties in Los Angeles, CA
Properties on Market for Other industrial properties in Los Angeles
Vacancy Rate% for Industrial in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Industrial property - 2,900 SF Industrial Condo, Office Size ± 750 SF + Cold Storage
Where is this industrial property located?
The property is located at 8000-8010 Wheatland Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,299,000.
