Sun Valley Warehouse with Cold
For Sale
$1,125,000
8000 Wheatland Ave, Sun Valley, CA 91352
6,000 SF warehouse with cold storage and office space.
Property Size6,000 SF
Price / SF$187.50
Days on Market262
Property Features for 8000 Wheatland Ave
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Industrial
Building Details
Building Size
6,000 SF
Year Built
1986
Listing Agency:
Lee & Associates - LA North - Sherman Oaks
(818) 933-0302
Listed By:
Brett Warner · License #CalDRE #00825581
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Aug 9
Last Checked: Aug 15 at 5:37AM
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 Lee & Associates - LA North - Sherman Oaks
Investment Insights
Based on property information with market context.
This property features a warehouse with approximately 750 square feet of office space and cold storage. Constructed in 1986, the building has a minimum clearance of 15 feet. The construction is block. It includes one ground-level door measuring 10 x 12 feet. The property has 200 amps of power at 220 volts, with a 3-phase electrical system. Parking is available with 6 reserved spaces and 2 open spaces. The property is located in Sun Valley, CA.
Key Highlights
- Office space of ± 750 SF with cold storage
- Sale Price: $1,299,000
- Power: 200 A / 220 V / 3 PH
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
$90,507
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
8.05%
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%
$1,810,140
$1.8M
Cap Rate 7%
$1,292,957
$1.3M
Cap Rate 9%
$1,005,633
$1.0M
Market Conditions
NOI Build-Up for 6,000 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
$113.8K $18.96/SF
− Vacancy
−$7.3K −$1.21/SF
EGI
$106.5K $17.75/SF
− OpEx
−$16.0K −$2.66/SF
NOI
$90.5K $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%
$1,810,140
Cap Rate 7%
$1,292,957
Cap Rate 9%
$1,005,633
Alternative Uses
Best Use
Warehouse
$1.29M
$1.13M – $1.51M
NOI $90,507 @ 7.0% cap · market cap 8.05%
Second Best
Industrial
$1.06M
$931.7K – $1.24M
NOI $74,536 @ 7.0% cap · market cap 6.63%
Theoretical Best
Multifamily LT 5
$121.56M
$106.36M – $141.82M
NOI $8,508,948 @ 7.0% cap · market cap 756.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Balanced
Demand for This Use
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
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - 6,000 SF warehouse with cold storage and office space.
Where is this warehouse located?
The property is located at 8000 Wheatland Ave Sun Valley, CA.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Office space of ± 750 SF with cold storage; Sale Price: $1,299,000; Power: 200 A / 220 V / 3 PH
