www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33475708
33475707

936 East 31st Street, Los Angeles, CA 90011

JL
CA CA DRE #01941688
REeBroker Group
Listed by REeBroker Group
$9,494,000
4 days on market
Updated 3 days ago

1031 Exchange I NNN Sale-Leaseback I Owner-User

Details
Property Type Industrial, Mixed Use
Sub Type Distribution, Warehouse (+1)
Square Footage 28,450
Net Rentable (SqFt) 28,450
Cap Rate 4.75%
NOI $451,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 3
Rent Bumps Yes
Lease Options 3 Years
Broker Co-Op True
Class B
Year Built 2002
Year Renovated 2024
Buildings 1
Lot Size (SqFt) 43,000
Zoning LAM1-Limited Industrial MR1 Uses
Parking Spaces 30 spaces
Parking Per SqFt 1.05
Investment Type Sale/Leaseback
Tenant Credit Credit Rated
Ground Lease No
Ceiling Height 24.26
Loading Docks 3
Dock High Doors 3
Ownership Fee simple
Sale Condition Sale for leaseback

Absolute NNN Sale-Leaseback | 4.75% Cap | Fully Replaced Roof (2024)

Marketing description

EXECUTIVE INVESTMENT SUMMARY

REeBroker Group is pleased to exclusively present for sale a premium, single-tenant industrial warehouse located at 936 E. 31st St, Los Angeles, CA 90011. This high-utility asset features an exceptional, turn-key Absolute NNN Sale-Leaseback opportunity, meticulously structured for institutional investors and 1031 exchange buyers seeking stable, predictable, and 100% passive cash flow in a core Southern California infill market.

Concurrently with the close of escrow, the current owner-user—a highly successful clothing business with an established 20+ year operational track record at this location—will execute a brand-new 3-Year initial lease term plus one (1) 3-Year renewal option. The lease features strong annual escalations between 3.0% and 4.0%, serving as a robust compounding hedge against inflation.

ASSET HIGHLIGHTS & MINIMAL CAPEX EXPOSURE

Constructed in 2002, the property consists of a 28,450 SF premium concrete tilt-up building situated on a generous 43,000 SF parcel (~0.96 Acres).

The single largest risk for industrial landlords—near-term roofing and structural expenses—has been completely mitigated. The Seller fully replaced the entire roof in 2024, offering the incoming investor immediate protection of their yield and an asset requiring zero near-term capital expenditures (CapEx).

PREMIUM INFILL LOGISTICS SPECIFICATIONS

  • Clear Height: High-utility 24’ – 26’ clearance maximizing cubic storage capacity.
  • Power Supply: Heavy 1,200 Amps, 3-Phase power, ideal for modern industrial demands.
  • Loading & Access: Secure, fully fenced parking lot accommodating 30+ dedicated parking stalls.
  • Core Location: Strategically positioned just 5 minutes from the LA Fashion District, offering unparalleled proximity to major transportation arteries, the Port of Long Beach, and Los Angeles International Airport (LAX).

TRUE PASSIVE INCOME STRUCTURE:

Under the Absolute NNN structure, the tenant maintains full responsibility for all property taxes (1.25%), insurance, utilities, and common area maintenance (CAM). With a Net Operating Income (NOI) of $451,000 and an initial Cap Rate of 4.75%, this property represents a rare opportunity to acquire a pristine, zero-landlord-responsibility asset in one of the tightest and most competitive logistics markets in the nation.

Investment highlights

Key Investment Highlights

 Minimal Capex Exposure (New Roof): The newly replaced roof in 2024 eliminates the single largest capital expenditure risk typically associated with industrial investments, protecting the buyer's yield.

 Passive NNN Cash Flow: The tenant handles property taxes, insurance, and day-to-day maintenance, ensuring an efficient and predictable cash flow structure.

 From 2017 Operated Location: Immediate operational stability with zero transition or vacancy risk, backed by a tenant, Current Owner-User (Over 20 Years of Clothing Business Operation)

 Premium Infill LA Logistics Specs: High-utility 2002 concrete tilt-up construction featuring 24' - 26' clear heights, 30+ dedicated parking stalls, and heavy 1,200 Amp Power.

Listing Contacts

JL
CA CA DRE #01941688
REeBroker Group
Listed by REeBroker Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$451,000.00
$37,583.33/mo

Valuation Metrics

0
DSCR
4.75%
Cap Rate
4.75%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Jae Lim
License
CA DRE #01941688
Brokerage
REAL ESTATE eBROKER INC.
Brokerage Phone
2138400988
Title
Real Estate Sales Person
Brokerage Address
2035 Corte Del Nogal
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591