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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    14575 Firestone Blvd La Mirada, CA 90638

    • Manufacturing properties
    • 22,050 SF
    • 1.17 lot acres
    For Lease
    View listing
    $1.40 SF/Yr
    Last Sale
    Jun 04, 2024
    $9,250,000
    Value Estimations
    $9,250,000
    Cap Rate Potential
    2.8%
    Manufacturing properties
    Location Intelligence
    Property ID
    US09-6226716
    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

    • Wow Party Rental, INC / Party Equipment Rental Service
    • Jokers Import, Inc. / Office Equipment Supplier

    Property Details for 14575 Firestone Blvd

    Year built
    1964
    Construction
    TILT-UP CONCRETE
    Lot size
    1.17 lot acres
    Property size
    22,050 SF
    Zone code
    LMM1*
    Property type
    Manufacturing properties
    APN
    7001-014-014
    APU
    7001014014

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $9,250,000
      ML approach
      $9,250,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,570,000
      Market price range: $3.14M - $9.57M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $5,995,000
      Current use
      RESTAURANT
      $14,360,000
      Change: +140% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $13,420,000
      Change: +124% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $10,200,000
      Change: +70% Conversion: Easy
      MEDICAL BUILDING
      $10,025,000
      Change: +67% Conversion: Difficult
      OFFICE BUILDING
      $9,890,000
      Change: +65% Conversion: Difficult
      RETAIL STORES
      $8,450,000
      Change: +41% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $6,815,000
      Change: +14% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    La Mirada
    County
    Los Angeles
    State
    California
    Longitude
    -118.021
    Latitude
    33.8804
    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
    $82,054
    $3,121,200
    $3,607,066
    $6,728,266
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,645,000
      34,382 SF

      16333 Phoebe Ave

      MANUFACTURING (LIGHT) • 34,382 SF
      16333 Phoebe Ave, La Mirada, CA 90638-5613
      View Details
    • Value Estimation
      $3,495,000
      29,976 SF

      14830 Desman Rd

      MANUFACTURING (LIGHT) • 29,976 SF
      14830 Desman Rd, La Mirada, CA 90638-5746
      View Details
    • Value Estimation
      $4,975,000
      46,416 SF

      14657 Industry Cir

      MANUFACTURING (LIGHT) • 46,416 SF
      14657 Industry Cir, La Mirada, CA 90638-5816
      View Details
    • Value Estimation
      $1,625,000
      15,000 SF

      15501 Heron Ave

      MANUFACTURING (LIGHT) • 15,000 SF
      15501 Heron Ave, La Mirada, CA 90638-5202
      View Details
    • Value Estimation
      $1,725,000
      15,087 SF

      16151 Phoebe Ave

      MANUFACTURING (LIGHT) • 15,087 SF
      16151 Phoebe Ave, La Mirada, CA 90638-5609
      View Details
    • Value Estimation
      $1,620,000
      10,000 SF

      15919 Phoebe Ave

      MANUFACTURING (LIGHT) • 10,000 SF
      15919 Phoebe Ave, La Mirada, CA 90638-5628
      View Details

    Similar Nearby for Sale

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      96,916 SF

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      21,819 SF building with dock doors, great freeway access.
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      View Details
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      Lake View Senior Community Home

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      Commercial Land in La Mirada

      Commercial land available for sale in La Mirada, CA.
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      Remodeled Home in Senior Community

      Remodeled home in 55+ community with lake and clubhouse.
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      Two-bedroom, two-bath home in a senior park community.
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    Similar Nearby for Lease

    • $1.62 SF/Yr
      34,924 SF

      Distribution/Manufacturing Building with Freeway Access

      Distribution/Manufacturing building featuring dock high loading and freeway access.
      14380-14400 Industry Cir, La Mirada, CA 90638
      View Details
    • $24 SF/Yr
      97,078 SF

      La Mirada Industrial Spaces

      Versatile warehouse & office suites
      15300 Valley View Ave, La Mirada, CA 90638
      View Details
    • $20 SF/Yr
      133,787 SF

      La Mirada Industrial Manufacturing Space

      133,787 SF Manufacturing/Warehouse, 31,026 SF Vacant
      16661 Knott Ave, La Mirada, CA 90638
      View Details
    • $19 SF/Yr
      109,273 SF

      La Mirada Industrial Manufacturing Space

      109,273 SF Manufacturing/Warehouse
      14400 Industry Cir, La Mirada, CA 90638
      View Details
    • $1.37 SF/Yr
      40,043 SF

      La Mirada Distribution Center

      Distribution center featuring rail service and renovated interiors.
      14385 Industry Cir, La Mirada, CA 90638
      View Details
    • $1.39 SF/Yr
      220,000 SF

      Distribution Center with Secured Yard

      220,000 SF distribution building with immediate freeway access.
      16400 Trojan Way, La Mirada, CA 90638
      View Details
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    14575 Firestone Blvd
    La Mirada, CA 90638
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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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