Tenant-Occupied
For Sale
$924,999
911 108th, Los Angeles, CA 90059
Existing month-to-month agreements offer flexibility for future ownership planning.
Property Size2,560 SF
Price / SF$361.33
Days on Market14
Property Features for 911 108th
General Information
Standard status
Active
Size
2,560 SF
Property subtype
Warehouse
Amenities
3
Building Details
Year Built
1955
Listing Agency:
Dalton Wade, Inc.
(954) 526-1383
Listed By:
Timothy Jackson
Source:
Xome
Added: Aug 18
Changed: Aug 29
Last Checked: Aug 30 at 3:43PM
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 Dalton Wade, Inc.
Investment Insights
Based on property information with market context.
This warehouse property contains 2,560 square feet and was constructed in 1955. The building is currently occupied by tenants under month-to-month agreements, providing an existing occupancy arrangement while preserving flexibility for future planning. The property may also accommodate an owner-user strategy when future occupancy becomes appropriate, subject to applicable laws and lease terms.
Located at 911 108th in Los Angeles, California, the property is offered for sale with additional neighboring properties or parcels available separately. Multiple acquisitions may be considered by purchasers seeking to assemble contiguous holdings. Buyers should independently verify parcel boundaries, lot size, zoning, permitted uses, utilities, access, square footage, and development potential with the appropriate agencies and professionals.
Located at 911 108th in Los Angeles, California, the property is offered for sale with additional neighboring properties or parcels available separately. Multiple acquisitions may be considered by purchasers seeking to assemble contiguous holdings. Buyers should independently verify parcel boundaries, lot size, zoning, permitted uses, utilities, access, square footage, and development potential with the appropriate agencies and professionals.
Key Highlights
- 2,560‑square‑foot warehouse property
- Tenant occupancy is structured through month‑to‑month agreements
- Constructed in 1955
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
$38,617
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
4.17%
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%
$772,340
$772.3K
Cap Rate 7%
$551,671
$551.7K
Cap Rate 9%
$429,078
$429.1K
Market Conditions
NOI Build-Up for 2,560 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
$48.5K $18.96/SF
− Vacancy
−$3.1K −$1.21/SF
EGI
$45.4K $17.75/SF
− OpEx
−$6.8K −$2.66/SF
NOI
$38.6K $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%
$772,340
Cap Rate 7%
$551,671
Cap Rate 9%
$429,078
Alternative Uses
Best Use
Warehouse
$551.7K
$482.7K – $643.6K
NOI $38,617 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$51.86M
$45.38M – $60.51M
NOI $3,630,484 @ 7.0% cap · market cap 392.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90059, CA
43,551
Population
10,650
Households
4.1
Avg Household Size
31
Median Age
12%
College-Educated
62%
High-School Grad
3.2 sq mi
ZIP Area
13,610
Density / Sq Mi
$53,840
Median Household Income
$33,260
Median Earnings
$1,317
Median Rent
$566,200
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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- 10605 Compton Ave — 10605 Compton Ave, Los Angeles, CA 90002
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Frequently Asked Questions
What type of property is this?
Warehouse - Existing month-to-month agreements offer flexibility for future ownership planning.
Where is this warehouse located?
The property is located at 911 108th Los Angeles, CA.
What is the asking price?
The asking price for this property is $924,999.
What are key features of this property?
This property features: 2,560‑square‑foot warehouse property; Tenant occupancy is structured through month‑to‑month agreements; Constructed in 1955
