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12846 & 12882 Pierce Street

Off-Market

12846 Pierce Street, Los Angeles, CA 91331

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 245,518 SF
  • Lot Size 10.65 Acre
  • Parking Spaces Avail. 189
  • Parking Ratio 0.77/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1980

Location

  • City Los Angeles, CA
  • Neighborhood Pacoima
  • Zip Code 91331
  • Market Los Angeles

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 21 May, 1996
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Los Angeles

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Los Angeles Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $42.41
  • 2020 Office Vacancy Rate 12.35%
  • 2020 Office Completions (SF) 1,087,539

Los Angeles Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $403.45
  • Y-o-Y Avg. PpSF Change -17.20%
  • 2020 Office Sales Volume $1.6B
  • 2020 Number of Transactions 12
View more Los Angeles market trends

Tax

  • Property Tax in 2021-2022 $123,707
  • Market Value* $10,526,491
  • Assessed Value $10,526,491

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 12846 & 12882 Pierce Street?

12846 & 12882 Pierce Street totals 245,518 square feet.

When was this property built?

12846 & 12882 Pierce Street was built in 1980.

When was 12846 & 12882 Pierce Street last sold?

12846 & 12882 Pierce Street was last sold on 21 May, 1996.

What is the property tax for 12846 & 12882 Pierce Street?

The property tax for 12846 & 12882 Pierce Street in 2021-2022 was $123,707.

What is the market value for 12846 & 12882 Pierce Street?

The market value* for 12846 & 12882 Pierce Street in 2021-2022 was $10,526,491.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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