Industrial Warehouse and Distribution
For Sale
Contact for pricing
925 S Hooper Ave., Los Angeles, CA 90021
Warehouse property with immediate access to major Los Angeles-area freeways including I-10, I-110, I-5, and US-101.
Property Size21,430 SF
Price / SF$359.31
Days on Market31
Property Features for 925 S Hooper Ave.
General Information
Standard status
Active
Size
21,430 SF
Total Parking Spaces
63
Property subtype
Industrial
Zoning
M2LA
Lease Type
NNN
Net Operating Income
$44,555
Additional Details
Highway Access
Yes
Building Details
Year Built
1974
Buildings
1
Units
8
Tenancy
Multi
Listing Agency:
DAUM Commercial Real Estate Services Los Angeles
(213) 270-2235
Listed By:
Michael Nubel · License #00757698
Source:
Crexi
Added: Jul 11
Changed: Aug 8
Last Checked: Aug 10 at 6:07AM
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 DAUM Commercial Real Estate Services Los Angeles
Investment Insights
Based on property information with market context.
925 S. Hooper Ave. is a for-sale industrial warehouse and distribution-oriented property offering regional connectivity for logistics and commercial users. The offering includes a total size of 21,430 square feet, and interested parties should verify all information provided, as the broker does not warrant its accuracy.
The location is described as providing immediate access to I-10, I-110, I-5, and US-101, with proximity to Downtown Los Angeles, the Arts District, the Fashion District, and the Alameda Corridor. The property is presented as well positioned for access to Southern California’s major employment centers, distribution hubs, and transportation networks.
Please verify utility availability and services, including gas, water, sewer, electric, and fiber, along with any other site-specific details during due diligence.
The location is described as providing immediate access to I-10, I-110, I-5, and US-101, with proximity to Downtown Los Angeles, the Arts District, the Fashion District, and the Alameda Corridor. The property is presented as well positioned for access to Southern California’s major employment centers, distribution hubs, and transportation networks.
Please verify utility availability and services, including gas, water, sewer, electric, and fiber, along with any other site-specific details during due diligence.
Key Highlights
- Warehouse property built in 1974
- Immediate access to major Los Angeles‑area freeways: I‑10, I‑110, I‑5, and US‑101
- Located at 925 S. Hooper Avenue in Central Los Angeles
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
$323,262
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
4.20%
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%
$6,465,240
$6.5M
Cap Rate 7%
$4,618,029
$4.6M
Cap Rate 9%
$3,591,800
$3.6M
Market Conditions
NOI Build-Up for 21,430 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
$406.3K $18.96/SF
− Vacancy
−$26.0K −$1.21/SF
EGI
$380.3K $17.75/SF
− OpEx
−$57.0K −$2.66/SF
NOI
$323.3K $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%
$6,465,240
Cap Rate 7%
$4,618,029
Cap Rate 9%
$3,591,800
Alternative Uses
Best Use
Warehouse
$4.62M
$4.04M – $5.39M
NOI $323,262 @ 7.0% cap · market cap 4.20%
Second Best
Industrial
$3.80M
$3.33M – $4.44M
NOI $266,216 @ 7.0% cap · market cap 3.46%
Theoretical Best
Multifamily LT 5
$434.16M
$379.89M – $506.52M
NOI $30,391,125 @ 7.0% cap · market cap 394.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,925
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90021, CA
5,192
Population
1,694
Households
3.1
Avg Household Size
46
Median Age
20%
College-Educated
64%
High-School Grad
2.0 sq mi
ZIP Area
2,596
Density / Sq Mi
$32,250
Median Household Income
$35,528
Median Earnings
$984
Median Rent
$1,075,800
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.
Similar Off Market Nearby
- Southbay Cold Storage — 1351 Elwood St, Los Angeles, CA 90021
- Movers of Los Angeles — 1621 Hooper Ave., Los Angeles, CA 90021
- Crozier Fine Arts - Art Storage and Logistics — 2010 E 15th St, Los Angeles, CA 90021
- Trinity Logistics — 1996 Long Beach Ave, Los Angeles, CA 90058
- Box Yard — E 12th St, Los Angeles, CA 90021
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property with immediate access to major Los Angeles-area freeways including I-10, I-110, I-5, and US-101.
Where is this warehouse located?
The property is located at 925 S Hooper Ave. Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,700,000.
What are key features of this property?
This property features: Warehouse property built in 1974; Immediate access to major Los Angeles‑area freeways: I‑10, I‑110, I‑5, and US‑101; Located at 925 S. Hooper Avenue in Central Los Angeles
