Listing Agency: CBRE - Downtown Los Angeles Show Phone

Listed By: John Hillman · License #0122357 Show Phone

Source: Moodyscre

Added: Feb 4 Changed: Oct 1 Last Checked: Oct 20 at 8:10PM

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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.

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 / Yr

$98,729

Cap Rate

6.59%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,974,580 $2.0M

Cap Rate 7%

$1,410,414 $1.4M

Cap Rate 9%

$1,096,989 $1.1M

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,545 SF

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 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 (±1% cap)

NOI $98,729 @ 7.0% cap · market cap 6.59%

Second Best

—

—

no second resolved use

Theoretical Best

Multifamily LT 5

$132.60M

$116.02M – $154.70M (±1% cap)

NOI $9,281,844 @ 7.0% cap · market cap 619.62%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Golden Natural Co (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic Plumbing Service Carpet & Flooring Store Electrical Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

1.8% 2019

2.4% 2020

0.9% 2021

1.2% 2022

3% 2023

4.6% 2024

4.6% 2025

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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 $1,498,000.

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')