Office-Forward Flex
New
For Sale
$1,590,000
4887 E La Palma Avenue, Anaheim, CA 92807
Commercial Sale, Anaheim, CA
Property Size4,356 SF
Price / SF$365.01
Days on Market6
Property Features for 4887 E La Palma Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
SP2015-1 DA1
Directions
91 freeway, exit Lakeview, go north, east on La Palma. Complex is on the left.
Subdivision
77 - Anaheim Hills
Special listing conditions
Real Estate Owned
Standard status
Active
APN
93943115
Additional Details
Property Use
Creative Industrial
Utilities
Cooling system
Central Air
Building Details
Year built
1988
Listing Agency:
Keller Williams Pacific Estate · Keller Williams Realty
(562) 513-7800
Listed By:
Lauren Coombs · License #01460830
(562) 212-2879
Added: Oct 30
Changed: Nov 2
Last Checked: Nov 4 at 3:06PM
MLS# PW26234006
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-story flex property contains approximately 4,356 square feet, arranged in its current configuration with about 3,800 square feet of office space and 500 square feet of warehouse area. The office portion includes reception, a conference room, private offices, and a kitchenette. One ground-level door measures 8.5 feet by 10 feet; the warehouse area can be expanded from its present configuration. Built in 1988 and renovated in 2014, the property also has central air conditioning, fire sprinklers, and an alarm system. Zoning is SP2015-1 DA1 under the Anaheim Canyon Specific Plan Industrial designation.
The Anaheim property offers immediate access to the 91, 57, and 55 freeways.
The Anaheim property offers immediate access to the 91, 57, and 55 freeways.
Key Highlights
- Approximately 4,356 SF in a two‑story configuration
- About 3,800 SF of office space and 500 SF of warehouse area in the current layout
- One ground‑level door measuring 8.5' by 10'; warehouse area can be expanded from its current configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,387
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,367,740
$1.4M
Cap Rate 7%
$976,957
$977.0K
Cap Rate 9%
$759,856
$759.9K
Market Conditions
NOI Build-Up for 4,356 SF
Gross rent
$84.2K $19.32/SF
− Vacancy
−$3.7K −$0.85/SF
EGI
$80.5K $18.47/SF
− OpEx
−$12.1K −$2.77/SF
NOI
$68.4K $15.70/SF
Area
Anaheim, CA
Vacancy
4.40%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,367,740
Cap Rate 7%
$976,957
Cap Rate 9%
$759,856
Alternative Uses
Best Use
Warehouse
$977.0K
$854.8K – $1.14M
NOI $68,387 @ 7.0% cap · market cap 4.30%
Second Best
Flex RnD
$922.2K
$807.0K – $1.08M
NOI $64,556 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$1.58M
$1.38M – $1.85M
NOI $110,764 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,197
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92807, CA
37,627
Population
12,985
Households
2.9
Avg Household Size
44
Median Age
47%
College-Educated
92%
High-School Grad
11.0 sq mi
ZIP Area
3,421
Density / Sq Mi
$136,089
Median Household Income
$62,020
Median Earnings
$2,959
Median Rent
$918,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Sally Ann Catering — 801 Lakeview Ave B, Placentia, CA 92870
Frequently Asked Questions
What type of property is this?
Flex space - Two-story configuration pairs extensive office improvements with a ground-level warehouse door and central air conditioning.
Where is this flex space located?
The property is located at 4887 E La Palma Avenue Anaheim, CA.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Approximately 4,356 SF in a two‑story configuration; About 3,800 SF of office space and 500 SF of warehouse area in the current layout; One ground‑level door measuring 8.5' by 10'; warehouse area can be expanded from its current configuration
