Freestanding Warehouse with Dock
For Sale
Contact for pricing
934 Avila St, Los Angeles, CA 90012
Freestanding warehouse featuring one dock high door and one drive-in door with 15' clear height and 15 parking spaces.
Property Size6,545 SF
Price / SF$267.38
Days on Market215
Property Features for 934 Avila St
General Information
Standard status
Active
Size
6,545 SF
Total Parking Spaces
15
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
15 ft
Dock-High Doors
1
Drive-In Doors
1
Additional Details
Highway Access
Yes
Listing Agency:
CBRE - Downtown Los Angeles
(213) 613-3333
Listed By:
John Hillman · License #0122357
(213) 435-5455
Source:
Moodyscre
Added: Feb 4
Changed: Aug 14
Last Checked: Jul 22 at 4:32AM
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 CBRE - Downtown Los Angeles
Investment Insights
Based on property information with market context.
This freestanding warehouse includes one dock high door and one drive-in door, plus 15' clear height for productive storage and distribution operations. The property also provides 15 parking spaces.
The building offers great access to the 101 Fwy, supporting convenient ingress and egress for employees and deliveries.
As a standalone warehouse facility, it can provide a straightforward layout for logistics-focused users seeking dock and drive-in capabilities within a parking-equipped site.
The building offers great access to the 101 Fwy, supporting convenient ingress and egress for employees and deliveries.
As a standalone warehouse facility, it can provide a straightforward layout for logistics-focused users seeking dock and drive-in capabilities within a parking-equipped site.
Key Highlights
- Freestanding warehouse with 15' clear height
- Includes 1 dock high door (8' x 12')
- Includes 1 drive‑in door (8' x 12')
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
$98,729
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
5.64%
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%
$1,974,580
$2.0M
Cap Rate 7%
$1,410,414
$1.4M
Cap Rate 9%
$1,096,989
$1.1M
Market Conditions
NOI Build-Up for 6,545 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
$124.1K $18.96/SF
− Vacancy
−$7.9K −$1.21/SF
EGI
$116.2K $17.75/SF
− OpEx
−$17.4K −$2.66/SF
NOI
$98.7K $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%
$1,974,580
Cap Rate 7%
$1,410,414
Cap Rate 9%
$1,096,989
Alternative Uses
Best Use
Warehouse
$1.41M
$1.23M – $1.65M
NOI $98,729 @ 7.0% cap · market cap 5.64%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$132.60M
$116.02M – $154.70M
NOI $9,281,844 @ 7.0% cap · market cap 530.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
15 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,477
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90012, CA
33,851
Population
16,541
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
77%
High-School Grad
3.6 sq mi
ZIP Area
9,403
Density / Sq Mi
$67,635
Median Household Income
$44,901
Median Earnings
$2,116
Median Rent
$686,400
Median Home Value
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding warehouse featuring one dock high door and one drive-in door with 15' clear height and 15 parking spaces.
Where is this warehouse located?
The property is located at 934 Avila St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Freestanding warehouse with 15' clear height; Includes 1 dock high door (8' x 12'); Includes 1 drive‑in door (8' x 12')
