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    722 Parriott Pl Hacienda Heights, CA

    For Sale
    Contact for pricing

    Improved industrial land with short-term leaseback in a strategic location.

    Property size:
    274,540 SF
    Lot size:
    6.34 Acres

    Property Features for 722 Parriott Pl

    General Information

    Size
    274,540 SF
    Lot size
    6.34 Acres

    Source: CBRE Agent Lynn Knox

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rare Improved Yard in Los Angeles

    This property features approximately 4.5 usable net acres and approximately 6.3 gross acres of improved yard. The industrial zone land improvements are suitable for IOS uses. A short-term leaseback is in place through February 2024. The property is located in a strategic infill location within Los Angeles, with access to the 60, 605, and 10 Freeways.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hacienda Heights
    County
    Los Angeles
    State
    California
    Longitude
    -117.9686755
    Latitude
    33.9930677

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    FAQs

    What type of property is this?
    Land - Improved industrial land with short-term leaseback in a strategic location.
    Where is this land located?
    The property is located at 722 Parriott Pl Hacienda Heights, CA.
    What are key features of this property?
    This property features: - Strategic Infill Los Angeles Location; - **±4.5 Usable Net Acres of Rare Improved Yard**; - Industrial Zone Land Improvements for IOS Uses
    (909) 418-2112
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    722 Parriott Pl Hacienda Heights, CA
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    Realmo Value Estimation

    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.

    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.

    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
    722 Parriott Pl Hacienda Heights, CA
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