Two-Story Creative Flex
707-4887 E La Palma Avenue, Anaheim, CA 92807
For Sale
$1,590,000
A mixed office and warehouse layout includes a reception area, conference room, private offices, kitchenette, and ground-level loading.
Property Size4,356 SF
Price / SF$365.01
Days on Market9
Property Features for 707-4887 E La Palma Avenue
General Information
Standard status
Size
Zoning
Warehouse & Industrial
Warehouse Space
Office Build-Out
Drive-In Doors
Sprinkler System
Additional Details
Highway Access
Property Use
Building Details
Year Built
Year Renovated
Stories
Listing Agency:
Keller Williams Pacific Estate
(562) 513-7800
Listed By:
Lauren Coombs · License #01460830
(562) 212-2879
Source:
Exprealty
Added: Oct 30
Changed: Nov 6
Last Checked: Nov 6 at 2:53PM
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 Keller Williams Pacific Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story flex space contains approximately 4,356 square feet, arranged in its current configuration with about 3,800 square feet of office and 500 square feet of warehouse. Office areas include reception, a conference room, private offices, and a kitchenette. The warehouse has one ground-level door measuring 8.5 feet by 10 feet; the layout can be changed to provide more warehouse space. The building was constructed in 1988 and renovated in 2014, with central air conditioning, fire sprinklers, and an alarm system.
The property is in Anaheim Canyon and has immediate access to the 91, 57, and 55 freeways. It is zoned SP2015-1 DA1 under the Anaheim Canyon Specific Plan Industrial designation.
The property is in Anaheim Canyon and has immediate access to the 91, 57, and 55 freeways. It is zoned SP2015-1 DA1 under the Anaheim Canyon Specific Plan Industrial designation.
Key Highlights
- 4,356 SF across two stories
- Approximately 3,800 SF of office and 500 SF of warehouse in the current layout
- One ground‑level warehouse door, measuring 8.5' by 10'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,171
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,703,420
$1.7M
Cap Rate 7%
$1,216,729
$1.2M
Cap Rate 9%
$946,344
$946.3K
Market Conditions
NOI Build-Up for 4,356 SF
Gross rent
$143.7K $33.00/SF
− Vacancy
−$30.2K −$6.93/SF
EGI
$113.6K $26.07/SF
− OpEx
−$28.4K −$6.52/SF
NOI
$85.2K $19.55/SF
Area
Anaheim, CA
Vacancy
21.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,703,420
Cap Rate 7%
$1,216,729
Cap Rate 9%
$946,344
Alternative Uses
Best Use
Office B
$1.22M
$1.06M – $1.42M
NOI $85,171 @ 7.0% cap · market cap 5.36%
Second Best
Warehouse
$977.0K
$854.8K – $1.14M
NOI $68,387 @ 7.0% cap · market cap 4.30%
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
Current Use
Lease Details
1
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
857
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
Market
Properties on Market for Flex space in Anaheim
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Nutri Vida — 734 N Anaheim Blvd, Anaheim, CA 92805
- Jaureguis Catering — 1116 N Anaheim Blvd, Anaheim, CA 92801
- A K Catering — 1116 N Anaheim Blvd, Anaheim, CA 92801
Frequently Asked Questions
What type of property is this?
Flex space - A mixed office and warehouse layout includes a reception area, conference room, private offices, kitchenette, and ground-level loading.
Where is this flex space located?
The property is located at 707-4887 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: 4,356 SF across two stories; Approximately 3,800 SF of office and 500 SF of warehouse in the current layout; One ground‑level warehouse door, measuring 8.5' by 10'
