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    Stand Alone Brick Warehouse Title is generated by Realmo AI

    939 E 31st St, Los Angeles, CA

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    Stand-alone brick building with gated parking, ideal for warehouse storage.

    Type:INDUSTRIAL
    Property size:
    8,000 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $275/SF
    Added:
    Sep 17, 2025
    Days on Market:
    267
    Last Refresh:
    May 19 at 9:03 pm

    Property Features for 939 E 31st St

    General Information

    Standard status
    Active
    Size
    8,000 SF
    Lot size
    0.26 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Armen Kazaryan
    Armen Kazaryan

    Listing agent Armen Kazaryan License #01291719 (CA)

    Listing office Lee & Associates

    Listing date Sep 17, 2025

    Source Moodyscre

    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 Lee & Associates

    HighLights

    • Stand Alone Brick Building with Gated Parking
    • Leased Until February 14, 2026
    • 16'-18' Clear Height
    • Ideal for Warehouse Storage, Production, Studio Uses
    • Features 2 Large GL Doors
    • Minutes from Fashion Mart & Arts District

    Overview

    This stand-alone brick building features gated parking and clear heights of 16 to 18 feet. The property includes polished floors and two large grade-level doors. It is suitable for warehouse storage, production, and studio uses. The building is located minutes from the Fashion Mart and Arts District, situated between Central Avenue and San Pedro Street. The property is currently leased until February 14, 2026 and has a size of 8,000 square feet.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $151.7k $18.96
    − Vacancy −$9.7k −$1.21
    EGI $142.0k $17.75
    − OpEx −$21.3k −$2.66
    NOI $120.7k $15.08
    8,000 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.72M
    $1.51M – $2.01M (±1% cap)
    NOI $120,677 @ 7.0% cap · market cap 5.49%
    Second Best
    Industrial
    $1.42M
    $1.24M – $1.66M (±1% cap)
    NOI $99,381 @ 7.0% cap · market cap 4.52%
    Theoretical Best
    Multifamily LT 5
    $162.08M
    $141.82M – $189.09M (±1% cap)
    NOI $11,345,264 @ 7.0% cap · market cap 515.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    JSP Dental Office

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Public Storage — 2506 Atlantic Ave, Long Beach, CA 90806
    • Contents By Save The Day — 2424 Gundry Ave, Signal Hill, CA 90755
    • Self Storage — 2810 Long Beach Blvd, Long Beach, CA 90806
    • 𝗘𝗹𝗶𝘁𝗲 𝗠𝗼𝘃𝗶𝗻𝗴 𝗦𝘆𝘀𝘁𝗲𝗺𝘀 — 214 E Vernon St, Long Beach, CA 90806
    • A-Accessible | Next To You Storage Units — 200 E Willow St, Long Beach, CA 90806

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.259
    Latitude
    34.0156

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    FAQs

    What type of property is this?
    Warehouse - Stand-alone brick building with gated parking, ideal for warehouse storage.
    Where is this warehouse located?
    The property is located at 939 E 31st St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: Stand Alone Brick Building with Gated Parking; Leased Until February 14, 2026; 16'-18' Clear Height
    (323) 767-2041 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Armen Kazaryan
    Armen Kazaryan
    Real Estate License ID: 01291719 (CA)
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