Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9330 Corbin Ave Los Angeles, CA 91324

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9330 Corbin Ave Los Angeles, CA 91324

    View on Map
    • Warehouses
    • 20,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 9330 Corbin Ave

    Year built
    1969
    Property size
    20,000 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 20,000-square-foot freestanding warehouse in Northridge, CA, presents a compelling opportunity for businesses seeking a prime industrial location. Situated on a 0.7-acre lot in Los Angeles County, this single-tenant building boasts a 16-foot minimum clear ceiling height, ideal for various industrial uses. Built in 1969, the property features three ground-level drive-in loading doors (10'W x 12'H), ensuring efficient loading and unloading. The warehouse also includes a substantial 2,500 square feet of well-appointed office space, complete with partitioned offices, a reception area, private restrooms, a kitchen, and drop ceilings. The building is equipped with central air and heating, and a robust 800-amp, 3-phase/4-wire power system. A secure fenced yard and a prominent 30-foot high pylon sign provide added security and excellent street visibility. The property's excellent condition and desirable features make it an attractive option for a variety of businesses. Lease rate excludes utilities, property expenses, and building services. This is a single-story building with great street front exposure. The property is located at 9330 Corbin Ave, Northridge, CA 91324.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.562
    Latitude
    34.2402

    Comparable in this City

    • Value Estimation
      $2,225,000
      13,548 SF

      19849 Nordhoff St

      WAREHOUSE, STORAGE • 13,548 SF
      19849 Nordhoff St, Northridge, CA 91324-3331
      View Details
    • Value Estimation
      $1,520,000
      8,446 SF

      19869 Nordhoff St

      WAREHOUSE, STORAGE • 8,446 SF
      19869 Nordhoff St, Northridge, CA 91324-3331
      View Details
    • Value Estimation
      $1,730,000
      10,700 SF

      19871 Nordhoff St

      WAREHOUSE, STORAGE • 10,700 SF
      19871 Nordhoff St, Northridge, CA 91324-3331
      View Details
    • Value Estimation
      $2,940,000
      8,750 SF

      19859 Nordhoff St

      WAREHOUSE, STORAGE • 8,750 SF
      19859 Nordhoff St, Northridge, CA 91324-3331
      View Details
    • Value Estimation
      $5,275,000
      44,076 SF

      19800 Nordhoff St

      WAREHOUSE, STORAGE • 44,076 SF
      19800 Nordhoff St, Northridge, CA 91324
      View Details
    • Value Estimation by Request
      0.01 Acres

      Northridge, CA 91324

      MINI-WAREHOUSE, STORAGE • 0.01 Acres
      Northridge, CA 91324
      View Details

    Similar Nearby for Sale

    • $1,490,000
      3,250 SF

      Versatile Commercial Building in Northridge

      Functional warehouse and upgraded office space in central Northridge.
      18522 Gresham St, Northridge, CA 91324
      View Details
    • Contact for pricing
      3,200 SF

      Established Northridge Restaurant Opportunity

      Authentic Greek restaurant with strong financials and loyal customer base.
      Call Broker For Details!, Northridge, CA 91324
      View Details
    • $5,925,000
      1.09 Acres

      Prime Northridge Vacant Land

      Over an acre of vacant land on Reseda Blvd.
      8350 Reseda Blvd, Northridge, CA 91324
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space Available For Rent

      Office space available, approximately 700 square feet.
      9029 Reseda Blvd, Los Angeles, CA 91324
      View Details
    • $1.25 SF/Yr

      West Valley Industrial For Lease

      Industrial property available for lease in West Valley.
      9255-9275 Corbin Ave, Northridge, CA 91324
      View Details
    • Contact for pricing

      Commercial Building for Lease

      Commercial building available for lease in Los Angeles, CA.
      19839 Nordhoff St, Los Angeles, CA 91324
      View Details
    • Contact for pricing

      Remodeled Retail Center in Northridge

      Community center anchored by Target and Kohl’s in Northridge.
      8742 Corbin Ave, Los Angeles, CA 91324
      View Details
    • $2 SF/Yr

      Medical/Therapy Office Space Available

      Medical/therapy office with multiple exam rooms and private restrooms.
      8349 Reseda Blvd, Northridge, CA 91324
      View Details
    • $2 SF/Yr

      Remodeled Office Space with Furnishings

      Recently remodeled and furnished office space with high-end finishes.
      18860 Nordhoff St, Northridge, CA 91324
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9330 Corbin Ave
    Los Angeles, CA 91324
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!