New search
Property profile & analytics
OFF-MARKET
Estimated value
$9,600,000
Warehouses
12902 Alondra Blvd, Cerritos, CA 90703
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6333184
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Construction
TILT-UP CONCRETE
Total area
20,000 SF
Lot
1.22 ac (53,029 SF)
Zoning code
NOM2*
APN
7010-015-009
UPID
US09-6333184
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.60M
Owner & transaction history
Rexford Industrial 12900 Alondra Ll · 1 yrs held
Rexford Industrial 12900 Alondra Ll
since 2024
Last sale
$9.6M
6 recorded transactions
Zoning & alternative use
NOM2* · Cerritos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.0M
+114.3%
Neighborhood: shopping center
$12.2M
+100.2%
Auto repair, garage
$9.3M
+52.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cerritos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cerritos submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$9,600,000
ML approach
$9,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,080,000
Current use
RESTAURANT
$13,025,000
Change: +114% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$12,170,000
Change: +100% · Conversion: Moderate
AUTO REPAIR, GARAGE
$9,250,000
Change: +52% · Conversion: Easy
MEDICAL BUILDING
$9,090,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$8,970,000
Change: +48% · Conversion: Difficult
RETAIL STORES
$8,815,000
Change: +45% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,180,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$9.60M
Range $8.64M – $10.56M · ±10% · vs last sale $9.60M (Sep 24 2024)
Last sale anchor
$9.60M
Sep 24 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$480 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$30,618
Tax year 2023
Assessed value
$2,260,892
Assessed 2024
Previous assessed
$2,216,562
+2.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$2,009,686
Assessed improvement
$251,206
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
20,000 SF
Lot
1.22 ac (53,029 SF)
Zoning code
NOM2*
APN
7010-015-009
UPID
US09-6333184
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
NOM2* · Cerritos, CA
Zoning NOM2* · permitted uses
NOM2* · Cerritos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cerritos. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.1M
RESTAURANT
Est. value
$13.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.2M
AUTO REPAIR, GARAGE
Est. value
$9.3M
MEDICAL BUILDING
Est. value
$9.1M
OFFICE BUILDING
Est. value
$9.0M
RETAIL STORES
Est. value
$8.8M
COMMERCIAL (GENERAL)
Est. value
$6.2M
WAREHOUSE, STORAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Rexford Industrial 12900 Alondra Ll
Individual
Free & Clear · 1 yrs held
Mailing address
11620 WILSHIRE BLVD, LOS ANGELES, CA 90025-1706
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2024
$9,600,000
Rexford Industrial 12900 Alondra Ll
Electek
Grant Deed
—
Mar 23, 2011
—
Electek
Sasco
Grant Deed
—
Dec 31, 2003
—
Sasco Electric
Smead,tr
Grant Deed
related
—
Jun 25, 1998
—
Smead,lawrence H Tr
—
Deed Of Trust
related
—
Sep 19, 1994
—
Smead,laurence H Tr
—
Deed Of Trust
related
—
Nov 17, 1992
—
Smead Laurence
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12902 Alondra Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
