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851 E 60th St, Los Angeles, CA, 00000
Functional Brick Building with Covered Dock

851 E 60th St Los Angeles, CA

For Sale
Contact for pricing

Multi-purpose brick building featuring a covered dock and fenced yard.

Property Size15,680 SF
Lot Size0.51 Acres
Price / SF$217.98
Days on Market325

Property Features for 851 E 60th St

General Information

Standard status
Active
Size
15,680 SF
Lot size
0.51 Acres
Property subtype
INDUSTRIAL
Listing Agency: Dorin Realty Company
Listed By: Mark Whitman · License #00918875
Source: Moodyscre
Added: Sep 5, 2025 Changed: Jul 6 Last Checked: Jul 21 at 8:11AM

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 Dorin Realty Company


Investment Insights

Based on property information with market context.

This multi-purpose brick building features true 46-inch dock-high loading via a covered dock. The building includes a fenced yard with good loading for 53-foot trucks, plus grade-level loading. The interior features high clear space with 30-foot center bay and natural light. The functional space includes 2,800 square feet with a bonus mezzanine and partial air conditioning. The property is located within a Business Improvement District with cameras and security patrol.

Key Highlights

  • Dock high loading via covered dock
  • High clear - 30’ center bay
  • Fenced yard with good loading for 53’ trucks + GL loading

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $297.3k $18.96
− Vacancy −$19.0k −$1.21
EGI $278.3k $17.75
− OpEx −$41.7k −$2.66
NOI $236.5k $15.08
15,680 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$3.38M
$2.96M – $3.94M (±1% cap)
NOI $236,526 @ 7.0% cap · market cap 6.92%
Second Best
Industrial
$2.78M
$2.43M – $3.25M (±1% cap)
NOI $194,786 @ 7.0% cap · market cap 5.70%
Theoretical Best
Multifamily LT 5
$317.67M
$277.96M – $370.61M (±1% cap)
NOI $22,236,717 @ 7.0% cap · market cap 650.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Malibu Sugar Industrial Manufacturer Baby Cie Professional Services LE CADEAUX Department Store

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Hair Salon Gym & Fitness Center Skin Care Clinic Big Box & Wholesale Store Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

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FAQs

What type of property is this?
Warehouse - Multi-purpose brick building featuring a covered dock and fenced yard.
Where is this warehouse located?
The property is located at 851 E 60th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,418,000.
What are key features of this property?
This property features: Dock high loading via covered dock; High clear - 30’ center bay; Fenced yard with good loading for 53’ trucks + GL loading
(213) 627-0007 Call to check price and availability
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