2-Building Warehouse
For Sale
Contact for pricing
830 E 59th St, Los Angeles, CA 90001
Industrial improvements offer warehouse or manufacturing functionality with fenced outdoor storage and on-site parking.
Property Size30,081 SF
Price / SF$174.53
Days on Market78
Property Features for 830 E 59th St
General Information
Standard status
Active
Size
30,081 SF
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates - Torrance
(310) 403-4254
Listed By:
Matthew Palumbo · License #02170562
(310) 403-4254
Source:
Moodyscre
Added: Jun 15
Changed: Aug 30
Last Checked: Aug 30 at 1:09PM
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 - Torrance
Investment Insights
Based on property information with market context.
This 30,081-square-foot industrial property includes two freestanding buildings arranged for warehouse or manufacturing use. The improvements provide two dock-high doors and one grade-level door, supporting varied loading requirements. Electrical capacity includes 1,200A / 600V and 800A / 600V service. The site also features a fenced yard, approximately 10,000 SF of covered yard area, on-site parking, and additional yard capability.
Located at 830 E 59th St in Los Angeles, the property combines enclosed industrial space with substantial outdoor storage and handling areas. Its loading configuration, heavy power, and flexible layout accommodate a range of warehouse and production functions.
Located at 830 E 59th St in Los Angeles, the property combines enclosed industrial space with substantial outdoor storage and handling areas. Its loading configuration, heavy power, and flexible layout accommodate a range of warehouse and production functions.
Key Highlights
- 30,081‑square‑foot industrial property with 2 freestanding buildings
- Fenced yard with large ±10,000 SF covered yard area
- 2 dock‑high doors and 1 grade‑level 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
$453,759
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
8.64%
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%
$9,075,180
$9.1M
Cap Rate 7%
$6,482,271
$6.5M
Cap Rate 9%
$5,041,767
$5.0M
Market Conditions
NOI Build-Up for 30,081 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
$570.3K $18.96/SF
− Vacancy
−$36.5K −$1.21/SF
EGI
$533.8K $17.75/SF
− OpEx
−$80.1K −$2.66/SF
NOI
$453.8K $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%
$9,075,180
Cap Rate 7%
$6,482,271
Cap Rate 9%
$5,041,767
Alternative Uses
Best Use
Warehouse
$6.48M
$5.67M – $7.56M
NOI $453,759 @ 7.0% cap · market cap 8.64%
Second Best
Industrial
$5.34M
$4.67M – $6.23M
NOI $373,684 @ 7.0% cap · market cap 7.12%
Theoretical Best
Multifamily LT 5
$609.42M
$533.25M – $710.99M
NOI $42,659,610 @ 7.0% cap · market cap 812.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,325
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90001, CA
55,859
Population
13,998
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
49%
High-School Grad
3.3 sq mi
ZIP Area
16,927
Density / Sq Mi
$60,751
Median Household Income
$30,672
Median Earnings
$1,471
Median Rent
$513,300
Median Home Value
Market
Vacancy Rate% for Industrial in Los Angeles, CA
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 - Industrial improvements offer warehouse or manufacturing functionality with fenced outdoor storage and on-site parking.
Where is this warehouse located?
The property is located at 830 E 59th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: 30,081‑square‑foot industrial property with 2 freestanding buildings; Fenced yard with large ±10,000 SF covered yard area; 2 dock‑high doors and 1 grade‑level door
