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Property profile & analytics
FOR LEASE
Retail space
15022 Mulberry Dr Whittier, CA 90604
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8569992
For Lease
1 / 3
$3,415,000
15022 Mulberry Dr, Whittier, CA 90604
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Total area
21,086 SF
Lot
1.08 ac (46,925 SF)
Zoning code
LCC1*
APN
8228-023-038
UPID
US09-8569992
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
Current use
Occupant on record · Public records
-
Dr. Keith V. Nelson Dental Office
-
J train fitness gym Gym & Fitness Center
-
La Mirada Medical Weight Control Medical Clinic
-
Vouis Steve J MD Physician
-
Ascension Colonics Physician Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.69M
Blend (final)
Blend
$3.42M
Owner & transaction history
Sk Capital Investment II LLC · 10 yrs held
Sk Capital Investment II LLC
since 2016
7 recorded transactions
Zoning & alternative use
LCC1* · Whittier, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Whittier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whittier 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,340,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$3.42M
Range $3.07M – $3.76M · ±10%
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
$162 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$44,324
Tax year 2024
Assessed value
$3,191,607
Assessed 2024
Previous assessed
$3,191,607
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$2,031,024
Assessed improvement
$1,160,583
Applied tax rate
3.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1978
Heating
NONE
Cooling
YES
Stories
1
Total area
21,086 SF
Lot
1.08 ac (46,925 SF)
Zoning code
LCC1*
APN
8228-023-038
UPID
US09-8569992
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC1* · Whittier, CA
Zoning LCC1* · permitted uses
LCC1* · Whittier, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Whittier. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$5.3M
INDUSTRIAL (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
1978
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Sk Capital Investment II LLC
Entity
Mailing address
8383 WILSHIRE BLVD STE #620, BEVERLY HILLS, CA 90211-9800
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2016
$2,750,000
Sk Capital Investment II LLC
Anna Velek
Grant Deed
$1,925,000 · Hanmi Bank
Oct 1, 2015
$500,000
Velek Trust
Dulin Family Trust
Grant Deed
—
Jul 30, 2015
$500,000
Velek Trust
Dulin Family Trust
Grant Deed
—
Apr 18, 2013
—
John W Dulin JR.
Dulin,john W
Affidavit Of Death
related
—
Dec 18, 2012
—
Anwar Family Living Trust
Anwar,mohammad & Roswitha H L
Quit Claim Deed
related
—
Feb 6, 2009
—
John W Dulin
Dulin,dorothy B
Affidavit Of Death
related
—
Dec 11, 2007
—
Velek Family Trust
Velek Family Trust
Quit Claim Deed
related
—
May 31, 1989
$300,000
Mohammad Anwar
Biddl
Grant Deed
related
—
May 11, 1989
—
James A Velek
Velek
Quit Claim Deed
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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