Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1459 Lorena St Los Angeles, CA 90023-3718
    Property profile & analytics

    1459 Lorena St, Los Angeles, CA 90023-3718

    View on Map
    • Manufacturing properties
    • 7,169 SF
    • 0.23 lot acres
    Off-Market
    Last Sale Apr 27, 2023
    Property ID
    US09-8264814
    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.
    Value Estimations
    $1,270,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 1459 Lorena St

    Construction
    TILT-UP CONCRETE
    Lot size
    0.23 lot acres
    Zone code
    LAM3
    Property type
    Manufacturing properties
    APN
    5190-030-006
    APU
    5190030006

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 24, 2025 — Edith Chin The Sequoia Revocable Trust Deed · related —
    Apr 27, 2023 — The Sequoia Revocable Trust Edith Chin Grant Deed —
    Mar 20, 2018 $2,250,000 Chin,edith Trust Napa Industries LLC Grant Deed —
    Jan 26, 2018 — Napa Industries LLC — Deed · related $1.6M · Npi Debt Fund II LP
    Nov 17, 2016 $1,350,000 Napa Industries LLC Barrios,jesus JR Grant Deed $1.4M · Npi Debt Fund II LP
    Nov 17, 2016 — Jesus Barrios JR Barrios,jesus C Affidavit Of Death · related —
    Aug 11, 2000 $238,000 Jesus C Barrios Uebel,betty A Grant Deed $214k · Heller First Capital
    May 5, 1997 — Eichenhofer,margaret Tr — Deed Of Trust · related —
    Mar 31, 1997 — Eichenhofer,margaret A Tr Et Al — Deed Of Trust · related —
    Feb 13, 1990 — Eichenhofer Eiche Quit Claim Deed · related —
    — — Jesus Barrios JR. — Deed Of Trust · related $66k · Al Asher & Sons INC
    — — Napa Industries LLC — Deed Of Trust · related $1.6M · Npi Debt Fund II LP
    — — Howard Eichenhofer — Deed Of Trust · related $35k · Eichenhofer Trust

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,485,000
      6.5%
      $1,370,000
      7%
      $1,270,000

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,770,000
      Current use
      WAREHOUSE, STORAGE
      $1,665,000
      Change: -6% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.209
    Latitude
    34.0175
    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
    $31,319
    $1,561,724
    $948,189
    $2,509,913
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      432 SF

      1508 Grande Vis Ave

      MANUFACTURING (LIGHT)
      1508 Grande Vis Ave, Los Angeles, CA 90023
      View Details
    • Value Estimation
      $1,430,000
      10,538 SF

      3461 14th St

      MANUFACTURING (LIGHT)
      3461 14th St, Los Angeles, CA 90023-3817
      View Details
    • Value Estimation
      $4,435,000
      38,944 SF

      3400 Pico Blvd

      MANUFACTURING (LIGHT)
      3400 Pico Blvd, Los Angeles, CA 90023
      View Details
    • Value Estimation
      $1,305,000
      7,922 SF

      3181 Pico Blvd

      MANUFACTURING (LIGHT)
      3181 Pico Blvd, Los Angeles, CA 90023-3631
      View Details
    • Value Estimation
      $930,000
      5,400 SF

      2922 Olympic Blvd

      FOOD PROCESSING
      2922 Olympic Blvd, Los Angeles, CA 90023-3414
      View Details
    • Value Estimation
      $4,560,000
      60,133 SF

      1614 Perrino Pl

      MANUFACTURING (LIGHT)
      1614 Perrino Pl, Los Angeles, CA 90023-2625
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,400 SF

      Industrial Property with Yard Space

      Industrial building with yard space suitable for various uses.
      3431 E 15Th St, Los Angeles, CA 90023
      View Details
    • $860,000

      Versatile Warehouse Space Near Downtown

      4,120 SF warehouse space near downtown Los Angeles.
      3328 E 14Th St, Los Angeles, CA 90023
      View Details
    • $1,499,000
      4,382 SF

      Los Angeles Commercial Property For Sale

      Free-standing commercial building in a dynamic Los Angeles neighborhood.
      2655 Short St, Los Angeles, CA 90023
      View Details
    • Contact for pricing
      11,564 SF

      Free-Standing Industrial Building

      Functional warehouse with a private secured yard.
      4450 Union Pacific Ave, Los Angeles, CA 90023
      View Details
    • Contact for pricing
      13,200 SF

      Free Standing Building For Rent

      Freestanding building with office space, gated parking, and high ceilings.
      3226-3230 Mines Ave, Los Angeles, CA 90023
      View Details

    Similar Nearby for Lease

    • $0.60 SF/Yr
      11,172 SF

      Industrial Space Available For Lease

      Industrial and warehouse spaces available for lease, various sizes.
      Los, Los Angeles, CA 90023
      View Details
    • $2 SF/Yr
      2,204 SF

      Eastside Warehouse/Manufacturing Facility Available

      Warehouse/manufacturing facility near Olympic & Soto, Los Angeles.
      Los, Los Angeles, CA 90023
      View Details
    • Contact for pricing
      113,347 SF

      Refrigerated Production Plant for Rent

      Class A refrigerated production plant in central Los Angeles.
      4000 Noakes St, Commerce, CA 90023
      View Details
    • Contact for pricing
      9,000 SF

      Manufacturing Building with Secured Yard

      M2 Zoned manufacturing building with secured yard available for rent.
      3045 E 11Th St, Los Angeles, CA 90023
      View Details
    • Contact for pricing

      Creative Studio in Boyle Heights

      State-of-the-art creative studio in trendy Boyle Heights.
      3372 E Olympic Blvd, Los Angeles, CA 90023
      View Details
    • Contact for pricing
      40,000 SF

      Refurbished Manufacturing/Distribution Facility

      Refurbished 40,000 SF manufacturing/distribution facility in Boyle Heights.
      3101 E 12Th St, Los Angeles, CA 90023
      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.
    1459 Lorena St
    Los Angeles, CA 90023-3718
    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

    Thank You for Inquiry
    1459 Lorena St, Los Angeles, CA, 90023
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!