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    Property profile & analytics

    11311 La Mirada Blvd Whittier, CA 90604

    • Office buildings
    • 6,355 SF
    • 0.55 lot acres
    For Lease
    View listing
    $20 SF/Yr
    Last Sale
    Nov 16, 2021
    $2,151,021
    Value Estimations
    $2,355,000
    Cap Rate Potential
    6.7%
    Office buildings
    Location Intelligence
    Property ID
    US09-6446425
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Gerald P. Roodzant, DDS / Teeth Whitening Service / Dentist
    • Michael Winter D.D.S. / Dentist
    • Motakef Mehdi DDS / Orthodontist
    • Dennis J. Spiro, OD / Optometrist
    • Bradley & Millard Car Accident Lawyers Group / Medical Lawyer

    Property Details for 11311 La Mirada Blvd

    Year built
    1967
    Construction
    TILT-UP CONCRETE
    Lot size
    0.55 lot acres
    Property size
    6,355 SF
    Zone code
    LCC4-P*
    Property type
    Office buildings
    APN
    8227-036-040
    APU
    8227036040

    Description

    This exceptional Whittier Professional Center offers 6,355 square feet of prime office space, perfectly situated near La Mirada Blvd. & Leffingwell Rd. The property, built in 1967 and renovated in 2005, features a two-story building with a total of four suites. Currently, 3,250 square feet are available, divisible into spaces ranging from 1,350 to 1,900 contiguous square feet. The building boasts 9-foot ceilings and ample parking with 32 spaces available. While originally configured for medical use, as evidenced by its current occupancy by two dental offices, this versatile space is suitable for a variety of professional office uses, including traditional, executive, creative, and even coworking setups. The 0.55-acre lot is zoned commercial (APN: 8227036040, Los Angeles County). The building does not include elevators. This is a fantastic opportunity to establish a professional presence in a convenient Whittier location, offering easy access to local amenities and ample parking for clients and staff. Don't miss this chance to secure your ideal office space in this well-maintained and strategically located building.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,210,000
      ML approach
      $2,260,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,470,000
      6.5%
      $2,280,000
      7%
      $2,115,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,948,000
      Market price range: $1.27M - $3.04M
      AI Estimate
      $1,743,000
      Market price range: $289k - $2.12M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,955,000
      Current use
      RESTAURANT
      $3,135,000
      Change: +60% Conversion: Moderate
      MEDICAL BUILDING
      $2,890,000
      Change: +48% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,480,000
      Change: +27% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,305,000
      Change: +18% Conversion: Difficult
      RETAIL STORES
      $1,860,000
      Change: -5% Conversion: Moderate
      WAREHOUSE, STORAGE
      $1,780,000
      Change: -9% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,610,000
      Change: -18% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Whittier
    County
    Los Angeles
    State
    California
    Longitude
    -118.012
    Latitude
    33.9283
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $28,007
    $884,340
    $1,353,560
    $2,237,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $525,000
      5,331 SF

      14268 Telegraph Rd

      OFFICE BUILDING • 5,331 SF
      14268 Telegraph Rd, Whittier, CA 90604-2901
      View Details
    • Value Estimation
      $255,000
      564 SF

      14525 Leffingwell Rd

      OFFICE BUILDING • 564 SF
      14525 Leffingwell Rd, Whittier, CA 90604-2841
      View Details
    • Value Estimation
      $660,000
      9,380 SF

      15051 Leffingwell Rd

      OFFICE BUILDING • 9,380 SF
      15051 Leffingwell Rd, Whittier, CA 90604-2139
      View Details
    • Value Estimation
      $320,000
      3,447 SF

      15217 Leffingwell Rd

      PROFESSIONAL BUILDING • 3,447 SF
      15217 Leffingwell Rd, Whittier, CA 90604-2263
      View Details
    • Value Estimation
      $1,460,000
      5,066 SF

      15201 Leffingwell Rd

      OFFICE BUILDING • 5,066 SF
      15201 Leffingwell Rd, Whittier, CA 90604-2253
      View Details
    • Value Estimation
      $365,000
      3,407 SF

      15215 Leffingwell Rd

      MEDICAL BUILDING • 3,407 SF
      15215 Leffingwell Rd, Whittier, CA 90604-2254
      View Details

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      Land available for sale.
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      Whittier Drive-Thru Restaurant Opportunity

      Drive-thru restaurant business for sale in high-traffic Whittier location.
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    • $1,795,000

      South Whittier Multifamily Investment Opportunity

      Four stand-alone buildings on a large lot in South Whittier.
      10847 La Mirada Blvd, Whittier, CA 90604
      View Details
    • $5,290,000
      20,288 SF

      Retail Center on La Mirada

      20,288 SF multi-tenant retail center for sale.
      10701-10731 La Mirada Blvd, Whittier, CA 90604
      View Details
    • $15,500,000
      22,265 SF

      New Whittier Apartments Investment Opportunity

      24-unit apartment investment property in a highly desirable Whittier neighborhood.
      13857 Leffingwell Rd, Whittier, CA 90604
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      6,355 SF

      Whittier Office Space for Lease

      Versatile Whittier office suites, ideal for various businesses.
      11311 La Mirada Blvd, Whittier, CA 90604
      View Details
    • $2 SF/Yr
      440 SF

      Office Space with Private Restroom

      Office space featuring a reception area and private restroom.
      15051 Leffingwell Rd, Whittier, CA 90604
      View Details
    • $1,700 /Mo

      High Visibility Retail Space Available

      Well-maintained retail space in a high-traffic commercial area.
      14320 Telegraph Rd, Whittier, CA 90604
      View Details
    • New
      Contact for pricing

      15022 Mulberry Dr

      Church for lease
      15022 Mulberry Dr, Whittier, CA 90604
      View Details
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    Whittier, CA 90604
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    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
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