Financial
Distress signals
Property profile

22 Centerpointe Dr La Palma, CA 90623

OFF-MARKET
Industrial properties
Property ID
US10-2541457
21,176 SF 1.42 ac lot Built 1987
Last sale Jun 2025 · $6,025,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This single-story, 21,216 square foot office building in La Palma, CA presents a compelling value-add investment opportunity. Located in Orange County's desirable Mid-Counties campus setting, the Class B property boasts a 6.56% cap rate and 81.3% occupancy across four tenants. Built in 1988, the building sits on a 1.48-acre lot and features convenient surface parking, excellent freeway access via SR-91, and proximity to I-5 and I-605 freeways, as well as Long Beach International Airport and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$40k
Tax billed · 2024
Assessed value$3.35M
Assessed land$2.34M
Assessed improvement$1.00M
Effective rate1.19%

Value estimate

· Sep 2026
$5.58M
$5.02M – $6.14M
CAP approach$3.81M
Sales comparison$6.47M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$323/SF
County average, outlier-cleaned · 1023 recorded sales of this use type
Observed band · Q1–Q3$201 – $476
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant58.5
Realty agency57.1
Auto Repair Shop43.6

Location

22 Centerpointe Dr La Palma, CA 90623-2566
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24 Centerpointe, La Palma, CA 90623-1028 $5,868,500 Jan 2026 22,657 SF
5701 Fresca, La Palma, CA 90623-1009 $24,031,500 Sep 2024 72,900 SF
6951 Walker, La Palma, CA 90623-1022 $1,500,000 Sep 2021 14,912 SF
5572 Fresca, La Palma, CA 90623-1007 $5,150,500 Apr 2019 57,032 SF
28 Centerpointe, La Palma, CA 90623-1086 $6,100,000 Feb 2019 21,785 SF
5595 Fresca, La Palma, CA 90623-1006 $14,000,000 Nov 2018 115,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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