Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    20834 Lassen St Los Angeles, CA 91311
    Back to Search
    Property profile & analytics

    20834 Lassen St, Los Angeles, CA 91311

    View on Map
    • Warehouses
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 20834 Lassen St

    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional industrial warehouse, located at 20834 Lassen Street in the Chatsworth submarket, offers a flexible space ranging from 6,000 to 12,443 square feet. The single-story building boasts a 15.5-foot ceiling height, ideal for various industrial uses. The property is zoned M1 and features a clear span design for maximum efficiency. Loading is convenient with one roll-up door providing both dock-high and ground-level access. The space includes approximately 1,500 square feet of well-appointed office space, comprising three private offices and an open area suitable for a showroom. This turnkey solution is ready for immediate occupancy. The current sublessor is highly motivated to negotiate favorable terms. The property's APN is 2748-004-054. This represents a unique opportunity to secure a high-quality warehouse in a desirable location at a significantly reduced rental rate. Don't miss this chance to lease this exceptional industrial space. Inquire today to learn more about this attractive property and its competitive lease terms.

    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
    -118.588
    Latitude
    34.2495

    Comparable in this City

    • Value Estimation by Request
      4,320 SF

      9641 Owensmouth Ave

      Distribution properties
      9641 Owensmouth Ave, Los Angeles, CA 91311
      View Details
    • Value Estimation by Request
      25,000 SF

      21204 Nordhoff St

      Distribution properties
      21204 Nordhoff St, Los Angeles, CA 91311
      View Details
    • Value Estimation by Request
      16,055 SF

      21825 Nordhoff St

      Distribution properties
      21825 Nordhoff St, Los Angeles, CA 91311
      View Details
    • Value Estimation by Request
      8,919 SF

      9304 Deering Ave

      Manufacturing properties
      9304 Deering Ave, Los Angeles, CA 91311
      View Details
    • Value Estimation by Request
      28,682 SF

      20417 Nordhoff St

      Distribution properties
      20417 Nordhoff St, Los Angeles, CA 91311
      View Details
    • Value Estimation by Request
      26,460 SF

      9250 Owensmouth Ave

      Distribution properties
      9250 Owensmouth Ave, Los Angeles, CA 91311
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      42,312 SF

      Warehouse/Distribution Facility For Sale

      Warehouse/distribution facility featuring dock-high loading doors and rooftop solar.
      9600 Lurline Ave, Chatsworth, CA 91311
      View Details
    • Contact for pricing
      21,825 SF

      Chatsworth Industrial Property For Sale

      Industrial property in Chatsworth featuring upgraded interior and heavy power.
      9350-9357 Eton Ave, Chatsworth, CA 91311
      View Details
    • Contact for pricing
      17,420 SF

      Freestanding Building with High-End Offices

      Freestanding building featuring high-end offices and ample power.
      8964 Oso Ave, Chatsworth, CA 91311
      View Details
    • Contact for pricing
      33,972 SF

      San Fernando Valley Industrial Facility

      High-quality warehouse with upgraded office space in Chatsworth, California.
      9142 Independence Ave, Chatsworth, CA 91311
      View Details

    Similar Nearby for Lease

    • $1.50 SF/Yr
      10,000 SF

      Distribution Building in Chatsworth, CA

      Distribution building with fenced yard and good power distribution.
      9183 Kelvin Ave, Los Angeles, CA 91311
      View Details
    • $1.40 SF/Yr

      Distribution Facility in San Fernando

      Premier distribution facility with convenient freeway access in Chatsworth.
      20525 Nordhoff St, Chatsworth, CA 91311
      View Details
    • $1.50 SF/Yr

      Newer Industrial Building in Chatsworth

      State-of-the-art industrial building with corporate neighbors and modern features.
      19801 Nordhoff Pl, Los Angeles, CA 91311
      View Details
    • $1.85 SF/Yr
      84,261 SF

      Move-in Ready Industrial Space Available

      Industrial space with high power, ample parking, and office.
      9401 De Soto Ave, Los Angeles, CA 91311
      View Details
    • Contact for pricing
      10,260 SF

      Chatsworth Warehouse Space Available

      Warehouse space in prime Chatsworth location, ideal for distribution.
      21130-21132 Superior St, Chatsworth, CA 91311
      View Details
    • Contact for pricing
      7,702 SF

      Chatsworth Warehouse with Storage Mezzanine

      Warehouse space featuring a storage mezzanine and interior dock well.
      20844-20860 Plummer St, Chatsworth, CA 91311
      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.
    20834 Lassen St
    Los Angeles, CA 91311
    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

    Thank You for Inquiry
    20834 Lassen St, Los Angeles, CA, 91311
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!