Tenant-Occupied Industrial
For Sale
$849,000
928 E 108th St, Los Angeles, CA 90059
Los Angeles industrial asset with an existing month-to-month tenancy and flexible acquisition options.
Property Size4,960 SF
Lot Size0.19 Acres
Price / SF$171.17
Days on Market48
Property Features for 928 E 108th St
General Information
Standard status
Active
Size
4,960 SF
Lot size
0.19 Acres
Property subtype
Industrial
Building Details
Building Size
4,960 SF
Listed By:
Timothy Jackson
Source:
Elliman
Added: Aug 21
Changed: Sep 29
Last Checked: Oct 7 at 12:56PM
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 Timothy Jackson
Investment Insights
Based on property information with market context.
Located at 928 E 108th Street in Los Angeles, this industrial property includes approximately 4,960 square feet of building area on an approximately 8,451-square-foot lot. The asset is currently occupied by a tenant under a month-to-month arrangement, providing an existing occupancy profile for an investor or owner-user evaluating the property.
The seller is also offering multiple neighboring properties and parcels in the immediate area. Each property may be acquired separately, allowing buyers to pursue the subject asset independently or evaluate additional acquisitions. Access is by scheduled appointment only, with the listing agent present, and tenants should not be disturbed.
The seller is also offering multiple neighboring properties and parcels in the immediate area. Each property may be acquired separately, allowing buyers to pursue the subject asset independently or evaluate additional acquisitions. Access is by scheduled appointment only, with the listing agent present, and tenants should not be disturbed.
Key Highlights
- Approximately 4,960 SF industrial building
- Approximately 8,451 SF lot
- Currently tenant occupied on a month‑to‑month basis
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,616
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,232,320
$1.2M
Cap Rate 7%
$880,229
$880.2K
Cap Rate 9%
$684,622
$684.6K
Market Conditions
NOI Build-Up for 4,960 SF
Gross rent
$94.0K $18.96/SF
− Vacancy
−$6.0K −$1.21/SF
EGI
$88.0K $17.75/SF
− OpEx
−$26.4K −$5.32/SF
NOI
$61.6K $12.42/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,232,320
Cap Rate 7%
$880,229
Cap Rate 9%
$684,622
Alternative Uses
Best Use
Industrial
$880.2K
$770.2K – $1.03M
NOI $61,616 @ 7.0% cap · market cap 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$100.49M
$87.93M – $117.23M
NOI $7,034,064 @ 7.0% cap · market cap 828.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Industrial property - Los Angeles industrial asset with an existing month-to-month tenancy and flexible acquisition options.
Where is this industrial property located?
The property is located at 928 E 108th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Approximately 4,960 SF industrial building; Approximately 8,451 SF lot; Currently tenant occupied on a month‑to‑month basis
