4333 147Th St Lawndale, CA 90260
- Warehouses
- 10,000 SF
Current Use by Public Records
- Koshiki Karate-Do / Gym / Sports School
- Rizvi MMA / Kickboxing School
- Dark Sports Athletics / Fitness Center / Martial Arts School
Property Details for 4333 147Th St
- Year built
- 1923
- Property size
- 10,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional Lawndale, CA industrial property presents a compelling value-add investment opportunity. The 10,000 square foot warehouse, built in 1923, features three units totaling 10,000 net rentable square feet, currently priced at $1,550,000 ($155/sq ft). Two of the three units are vacant, offering significant upside potential for increased income. The property boasts a current NOI of $125,195, translating to an 8.08% cap rate. However, with full occupancy at market rates, the pro-forma NOI projects to $173,075, resulting in an impressive 11.17% pro-forma cap rate. The ground floor is divided into two units
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lawndale
- County
- Los Angeles
- State
- California
- Longitude
- -118.352
- Latitude
- 33.8985