Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Firestone Blvd Office Building For Sale Title is generated by Realmo AI

    14241 Firestone Blvd, La Mirada, CA 90638

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Office building for sale on Firestone Blvd in La Mirada.

    Type:Office
    Property size:
    53,953 SF
    Price / SF:
    $199/SF
    Added:
    Dec 13, 2023
    Days on Market:
    905
    Last Refresh:
    May 12 at 9:13 pm

    Property Features for 14241 Firestone Blvd

    General Information

    Standard status
    Active
    Size
    53,953 SF
    Property subtype
    Office

    Building Details

    Year Built
    1982

    We can help!

    Listing Contact
    Geoff DeWolf
    Geoff DeWolf

    Listing agent Geoff DeWolf License #01319312

    Listing office Economos Dewolf

    Listing date Dec 13, 2023

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Economos Dewolf

    HighLights

    • For sale
    • Year Built: 1982

    Overview

    This commercial real estate property, located on Firestone Blvd in La Mirada, California, is available for sale. The property is an office building with a size of 53953 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Homes With Dani ... Real Estate Agency Keller Williams Pacific ... Real Estate Agency Farmers Insurance - Editha ... Insurance Agency A-MAX Insurance Insurance Agency Law Office of Anthony ... Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Mirada
    County
    Los Angeles
    State
    California
    Longitude
    -118.02841
    Latitude
    33.884934

    Nearby Similar for Sale

    • Contact for pricing
      2,878 SF

      La Mirada Office and Manufacturing

      Office and light manufacturing space with great freeway access.
      14310 Gannet St, La Mirada, CA 90638
      View Details
    • $10,000,000
      36,677 SF

      La Mirada Retail Building For Sale

      Freestanding retail building with existing in-door golf business.
      15020 La Mirada Blvd, La Mirada, CA
      View Details
    • $10,000,000
      36,677 SF

      La Mirada Commercial/Retail Building

      Two-story commercial/retail building in La Mirada Theater Center.
      15020 La Mirada Blvd, La Mirada, CA 90638
      View Details
    • Contact for pricing
      73,393 SF

      La Mirada Commerce Center Opportunity

      Institutional quality industrial park in La Mirada, California for sale.
      14747 Artesia Blvd, La Mirada, CA 90638
      View Details
    • $10,740,000
      131 SF

      Executive Office Space For Rent

      Executive office space available for rent in La Mirada.
      14241 Firestone Blvd, La Mirada, CA
      View Details
    • Contact for pricing
      194,481 SF

      La Mirada Industrial Property

      194,481 SqFt industrial property available for sale.
      14450 Industry Circle, La Mirada, CA 90638
      View Details
    • $275,000

      Senior Park Community Home

      Two-bedroom, two-bath home near clubhouse, pool, and lake.
      12726 Lake Forest Dr 25, La Mirada, CA 90638
      View Details
    • Contact for pricing
      248,105 SF

      Industrial Facility in La Mirada

      High-quality industrial facility totaling ±248,105 SF in La Mirada, CA.
      14555 Alondra Blvd, La Mirada, CA 90638
      View Details
    • Contact for pricing

      Industrial Property For Sale

      Industrial property available for sale.
      14301 Gannet Street, La Mirada, CA 90638
      View Details

    FAQs

    What type of property is this?
    Office building - Office building for sale on Firestone Blvd in La Mirada.
    Where is this office building located?
    The property is located at 14241 Firestone Blvd La Mirada, CA.
    What is the asking price?
    The asking price for this property is $10,740,000.
    What are key features of this property?
    This property features: For sale; Year Built: 1982
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Geoff DeWolf
    Geoff DeWolf
    Real Estate License ID: 01319312
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    14241 Firestone Blvd, La Mirada, CA 90638
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!