Londelius Street Single-Tenant — Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Los Angeles, CA 91324
  • Year built: 1968

Investment Figures

Cap rate
1.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The property is a vacant single-tenant industrial building that offers a total of 9,296 square feet of space situated on 0.34 acres of land. This industrial property features masonry construction with a clear height of 14 feet, providing ample space for various industrial uses. The building is equipped with one rear grade-level door, allowing for easy access and maneuverability. Additionally, the property has 3-phase power, which is ideal for businesses that require heavy machinery or equipment. The site is secured with rear gated parking, providing a safe and private area for employees and visitors. The property's new slurry-coated asphalt adds to its overall appeal and functionality. The building's design and features make it an attractive option for businesses looking for a functional and secure industrial space. The property has undergone a full renovation, transforming it into a turnkey asset that is ready for immediate use or a lease-up investment opportunity. The renovation includes a new roof, which provides a waterproof and durable covering for the building. The installation of a new HVAC system ensures a comfortable working environment, while the office buildout provides a functional and efficient workspace. The interior finishes have also been updated, creating a modern and welcoming atmosphere. The renovation has enhanced the property's overall value and appeal, making it an attractive option for businesses and investors. The property's turnkey status eliminates the need for additional renovations or upgrades, allowing businesses to focus on their operations. The renovation has also increased the property's potential for generating revenue through lease or resale. The property's prime location in Northridge provides easy access to major transportation routes, including Interstate 405, U.S. Route 101, and State Route 118. This strategic location allows businesses to efficiently transport goods and services, reducing logistics costs and increasing producti

Market Context

This industrial in Los Angeles, CA is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1968. It has been on the market for 85 days. Compare it against other industrial listings for sale in Los Angeles, CA — view the full market.

As of Q1 2026, the Greater Los Angeles industrial market showed a 7.5% vacancy rate. Source: multiple brokerage reports, Q1 2026.

Industrial market FAQ

Is the Greater Los Angeles industrial market tightening or softening?
Vacancy is around 7.5% (Q1 2026).

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