Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Rosecrans Ave. & Ln Mirada Blvd La Mirada, CA 90638

    • Retail properties
    • 264,513 SF
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Rosecrans Ave. & Ln Mirada Blvd

    Property size
    264,513 SF
    Property type
    Retail properties

    Description

    The La Mirada Theater Center offers exceptional retail opportunities within a vibrant, high-density community. This well-anchored shopping center boasts a total of 264,513 square feet of commercial space, strategically located on the southeastern border of Los Angeles County. Currently, there are four available spaces ranging from a minimum of 759 square feet to a maximum contiguous space of 1,588 square feet, totaling 4,999 square feet of vacant space. The center features a strong tenancy mix, ensuring a steady flow of customers. Accessibility is a key advantage, with convenient access points and an abundance of parking, totaling 1,954 spaces, readily available for both tenants and patrons. This prime location in Los Angeles County presents a unique opportunity for businesses seeking high visibility and a thriving customer base. The property is ideal for a variety of retail uses, offering flexible space options to accommodate diverse business needs. For a virtual tour, please visit the provided link. This is a rare opportunity to secure retail space in a well-established and highly sought-after location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Mirada
    County
    Los Angeles
    State
    California
    Longitude
    -118.007
    Latitude
    33.8973

    Comparable in this City

    • Value Estimation
      $7,240,000
      31,274 SF

      15906 Imperial Hwy

      DEPARTMENT STORE • 31,274 SF
      15906 Imperial Hwy, La Mirada, CA 90638-2514
      View Details
    • Value Estimation
      $900,000
      3,980 SF

      14327 Imperial Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,980 SF
      14327 Imperial Hwy, La Mirada, CA 90638-1942
      View Details
    • Value Estimation
      $30,905,000
      278,256 SF

      14501 Artesia Blvd

      SHOW ROOM, WAREHOUSE • 278,256 SF
      14501 Artesia Blvd, La Mirada, CA 90638-5805
      View Details
    • Value Estimation
      $785,000
      30,000 SF

      16109 Mart Dr

      PARKING LOT • 30,000 SF
      16109 Mart Dr, La Mirada, CA 90638-4205
      View Details
    • Value Estimation
      $1,765,000
      74,000 SF

      15910 Vly Vw Ave

      PARKING LOT • 74,000 SF
      15910 Vly Vw Ave, La Mirada, CA 90638-5537
      View Details
    • Value Estimation by Request
      1,500 SF

      La Mirada, CA 90638

      PARKING LOT • 1,500 SF
      La Mirada, CA 90638
      View Details

    Similar Nearby for Sale

    • $389,000

      Established La Mirada Store Opportunity

      High-revenue convenience market with beer and wine license for sale.
      15008 Leffingwell Rd, 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 90638
      View Details
    • $12,350,000
      53,953 SF

      La Mirada Executive Office Building

      Prime La Mirada office, owner-user opportunity.
      14241 Firestone Blvd, La Mirada, CA 90638
      View Details
    • $635,000

      La Mirada Landmark 55+ Condo

      Single-level condo in a resort-style 55+ community.
      15930 Alta Vista Dr, La Mirada, CA 90638
      View Details
    • $345,000

      Senior Park Community Home

      Two-bedroom, two-bath home in a senior park community.
      12623 Lk Frost Way, La Mirada, CA 90638
      View Details
    • $320,000

      Lake View Senior Community Home

      Two-bedroom home in a 55+ La Mirada community.
      14036 Lake View Dr, La Mirada, CA 90638
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      264,513 SF

      La Mirada Theater Center Retail

      High-density retail space, ample parking.
      0 Rosecrans Ave. & Ln Mirada Blvd, La Mirada, CA 90638
      View Details
    • $1.65 SF/Yr
      43,612 SF

      Freeway Frontage Showroom Retail Potential

      High image building with showroom and freeway frontage.
      14765 Firestone Blvd, La Mirada, CA 90638
      View Details
    • Contact for pricing

      Retail Space Sublease Opportunity

      Retail space available for sublease in high-traffic location.
      15800 Imperial Hwy, La Mirada, CA 90638
      View Details
    • $2 SF/Yr
      1,210 SF

      Retail Space Available For Rent

      Retail space available for rent.
      11521-11531 La Mirada Blvd, La Mirada, CA 90638
      View Details
    • Contact for pricing
      3,423 SF

      La Mirada Retail Space For Lease

      High-traffic retail space, multiple units available.
      14239 Rosecrans Ave, La Mirada, CA 90638
      View Details
    • Contact for pricing

      Fully Leased Retail Center

      Retail property in La Mirada, CA, currently 100% leased.
      15020-15028 Imperial Hwy, La Mirada, CA 90638
      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.
    Rosecrans Ave. & Ln Mirada Blvd
    La Mirada, CA 90638
    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

    Google sign-in failed. Please try again or use another login method.