Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4720 Olive Ct La Cañada Flintridge, CA 91011
    Back to Search
    Property profile & analytics

    4720 Olive Ct, La Cañada Flintridge, CA 91011

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 4720 Olive Ct

    Property type
    Land

    Description

    This exceptional 15,008 square foot vacant lot presents a unique opportunity to build a custom residence in the highly sought-after La Cañada Flintridge community of Los Angeles County, California. Located on a peaceful cul-de-sac at 4720 Olive Ct, zip code 91011, this flat, buildable parcel is ideally situated within one of the area's most acclaimed school districts. Approved renderings for a stunning two-story home, complete with a separate Accessory Dwelling Unit (ADU) and swimming pool, are available. The majority of necessary permits have already been obtained, significantly streamlining the construction process and allowing for a potentially swift commencement of building. Enjoy the tranquility of this picturesque neighborhood, with convenient access to recreational amenities such as Descanso Gardens and the Flint Canyon Trail. Nearby conveniences include popular grocery stores like Trader Joe's and Sprouts Farmers Market. The asking price for this remarkable property is $1,850,000. This is an unparalleled chance to create your dream home in a truly exceptional location. The property's coordinates are 34.2145223 latitude and -118.2077459 longitude.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Cañada Flintridge
    County
    Los Angeles
    State
    California
    Longitude
    -118.208
    Latitude
    34.2145

    Comparable in this City

    • Value Estimation by Request
      10.17 Acres

      CA-2 Mile Marker Ln 50.93

      Restaurants
      CA-2 Mile Marker Ln 50.93, Palmdale, CA 91011
      View Details
    • Value Estimation
      $1,615,000
      11,888 SF

      4481 Chevy Chase Dr

      APARTMENT HOUSE (5+ UNITS)
      4481 Chevy Chase Dr, La Canada Flintridge, CA 91011-3216
      View Details
    • Value Estimation
      $915,000
      4,842 SF

      4525 Castle Rd

      APARTMENT HOUSE (5+ UNITS)
      4525 Castle Rd, La Canada Flintridge, CA 91011
      View Details
    • Value Estimation
      $1,495,000
      7,892 SF

      2155 La Canada Crst Dr, Unit E

      APARTMENT HOUSE (5+ UNITS)
      2155 La Canada Crst Dr, La Canada Flintridge, CA 91011-1958
      View Details
    • Value Estimation
      $3,580,000
      32,545 SF

      2115 La Canada Crst Dr

      APARTMENT HOUSE (5+ UNITS)
      2115 La Canada Crst Dr, La Canada Flintridge, CA 91011-1934
      View Details
    • Value Estimation
      $1,135,000
      5,905 SF

      2124 La Canada Crst Dr

      APARTMENT HOUSE (5+ UNITS)
      2124 La Canada Crst Dr, La Canada Flintridge, CA 91011-2929
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Vacant Lot in La Canada

      Vacant lot with potential development opportunities in La Canada.
      4888 Tocaloma Ln, La Canada Flintridge, CA 91011
      View Details
    • Contact for pricing
      10,026 SF

      Angeles Forest Destination Property

      Privately-owned 10-acre property near hiking, camping, and mountain biking.
      CA-2 Mile Marker Ln 50.93 Ln Cañada, Flintridge, CA 91011
      View Details
    • $1,799,000
      1.18 Acres

      La Canada View Lot Land

      Residential land in La Canada Flintridge with city views.
      Ln Sierra & Palm Dr, La Canada Flintridge, CA 91011
      View Details
    • $3,600,000
      72,449.00 Acres

      La Canada Foothills Land Opportunity

      1.6 acres in La Canada Flintridge foothills.
      Haverstock Rd, La Canada Flintridge, CA 91011
      View Details
    • Contact for pricing
      14,586 SF

      Retail Space in La Cañada

      Prime retail space in a high-demand La Cañada location.
      502 Foothill Blvd, Flintridge, CA 91011
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,229 SF

      Foothill Blvd Office Space

      Second floor office space available for lease.
      1030 Foothill Blvd, Flintridge, CA 91011
      View Details
    • Contact for pricing

      Foothill Boulevard Retail Center

      Fully leased retail center on Foothill Boulevard.
      514-522 Foothill Blvd, Flintridge, CA 91011
      View Details
    • $2 SF/Yr

      Retail Space in Shopping Center

      Visible end-cap retail space in a shopping center.
      Ln Cañada, Flintridge, CA 91011
      View Details
    • Contact for pricing
      1,935 SF

      Freestanding Retail Building For Rent

      Freestanding retail building available for rent.
      814 Foothill Blvd, Flintridge, CA 91011
      View Details
    • $3 SF/Yr

      Retail Space in La Canada

      Prime retail space in La Canada's retail corridor.
      448 Foothill Blvd, Flintridge, CA 91011
      View Details
    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.
    4720 Olive Ct
    La Cañada Flintridge, CA 91011
    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
    4720 Olive Ct, La Cañada Flintridge, CA, 91011
    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!