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    14241 Firestone Blvd La Mirada, CA 90638

    Sponsored
    For Sale
    $12,350,000

    Prime La Mirada office, owner-user opportunity.

    Property size:
    53,953 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional four-story Class A office building, located at 14241 Firestone Blvd in La Mirada, California, presents a unique owner-user opportunity. Boasting 53,953 square feet of space, this property offers unparalleled visibility and signage on the 5 Freeway. The building features two elevators and high-end finishes, reflecting its "A" classification. Currently, approximately 47% of the building is leased, generating approximately $55,230 in monthly income ($662,760 annually). A buyer could immediately occupy approximately 53% of the building (28,503 square feet) upon closing, with the potential to expand as existing leases expire. The property sits on a 2.2-acre lot and includes convenient surface parking for 181 vehicles, a feature the owner will complete before escrow closes. The asking price is $12,350,000, or $229 per square foot, representing a significant value compared to comparable sales. A replacement cost estimate of $485 per square foot further underscores this value proposition. The building's location offers easy access to restaurants and amenities, as detailed in the provided materials. An owner-user occupying approximately 53% of the building may qualify for an SBA loan with only a 10% down payment, allowing for a 25-year, fully amortized 90% loan to lock in occupancy costs. Detailed financial information and rent roll are available to qualified buyers. This is a rare opportunity to acquire a high-quality, well-located office building in a thriving market.

    Property Features for 14241 Firestone Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    53,953 SF
    Class
    A
    Lot Size
    95,832 SF

    Building Details

    Year Built
    1982
    Stories
    4

    HighLights

    • Owner‑user opportunity: Occupy ~53% (28,503 SF) immediately, with potential for expansion. SBA loan qualification possible with 10% down payment.
    • Secure occupancy costs with a 25‑year, 90% SBA loan.
    • Current income from ~47% occupancy: ~$55,230/month ($662,760 annually). Rent roll available.
    • 181 surface parking spaces; completion before closing.
    • Excellent 5 Freeway visibility and signage; nearby amenities.
    • Attractive pricing: $12,350,000 ($229/SF), significantly below replacement cost of $485/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Homes With Dani ... Real Estate Agent Keller Williams Pacific ... Real Estate Consultant Farmers Insurance - Editha ... Insurance Agency A-MAX Insurance Auto Insurance Agency Law Office of Anthony ... Immigration Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Auto Repair Shop Wholesale Shop 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
    -118.028352
    Latitude
    33.884934

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    FAQs

    What type of property is this?
    Office Property / Space - Prime La Mirada office, owner-user opportunity.
    Where is this office property / space located?
    The property is located at 14241 Firestone Blvd La Mirada, CA.
    What is the asking price?
    The asking price for this property is $12,350,000.
    What are key features of this property?
    This property features: Owner-user opportunity: Occupy ~53% (28,503 SF) immediately, with potential for expansion. SBA loan qualification possible with 10% down payment.; Secure occupancy costs with a 25-year, 90% SBA loan.; Current income from ~47% occupancy: ~$55,230/month ($662,760 annually). Rent roll available.
    Request Owner's contact information
    14241 Firestone Blvd La Mirada, CA 90638
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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
    14241 Firestone Blvd La Mirada, CA 90638
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