For Sale
$1,550,000

4333 147Th StLawndale, CA 90260

10,000 SF Warehouse, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
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

Highlights

  • Warehouse/creative office/flex space available for sale or lease.
  • Owner-user or investor opportunity in desirable Lawndale location.
  • Two of three units are currently vacant.
  • Ground floor front unit occupied by a karate studio.
  • $450,000 in recent ground floor renovations.
  • 10,000 square feet of usable space.

Property Details for 4333 147Th St

Property type
Warehouses, Industrial properties
Square Feet
10,000 SF
Year Built
1923
Units
3

Location Insight

City
Lawndale
County
Los Angeles
State
California
Latitude
33.898535
Longitude
-118.3516237
4333 147Th St, Lawndale, California

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4333 147Th St
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