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Property profile & analytics
OFF-MARKET
Estimated value
$3,445,000
Manufacturing properties
15116 Canary Ave La Mirada, CA 90638-5218
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6443547
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1962
Construction
TILT-UP CONCRETE
Total area
7,988 SF
Lot
1.22 ac (53,213 SF)
Zoning code
LMM2*
APN
8069-010-007
UPID
US09-6443547
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
-
Mobile Air & Power Rentals HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.47M
Blend (final)
Blend
$3.45M
Owner & transaction history
1905 Dennison Street LLC · 5 yrs held
1905 Dennison Street LLC
since 2021
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
LMM2* · La Mirada, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.2M
+139.6%
Neighborhood: shopping center
$4.9M
+123.9%
Auto repair, garage
$3.7M
+70.2%
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 La Mirada submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Mirada 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
$3,335,000
ML approach
$3,430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,170,000
Current use
RESTAURANT
$5,200,000
Change: +140% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,860,000
Change: +124% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,695,000
Change: +70% · Conversion: Easy
MEDICAL BUILDING
$3,630,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$3,585,000
Change: +65% · Conversion: Difficult
RETAIL STORES
$3,060,000
Change: +41% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,470,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$3.45M
Range $3.10M – $3.79M · ±10% · vs last sale $3.44M (Feb 5 2021)
Last sale anchor
$3.44M
Feb 5 2021
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
$431 / 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
$44,488
Tax year 2024
Assessed value
$3,435,660
Assessed 2024
Previous assessed
$3,435,660
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$2,653,020
Assessed improvement
$782,640
Applied tax rate
1.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
7,988 SF
Lot
1.22 ac (53,213 SF)
Zoning code
LMM2*
APN
8069-010-007
UPID
US09-6443547
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LMM2* · La Mirada, CA
Zoning LMM2* · permitted uses
LMM2* · La Mirada, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Mirada. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.2M
RESTAURANT
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
AUTO REPAIR, GARAGE
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.6M
RETAIL STORES
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.5M
INDUSTRIAL (GENERAL) 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
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
1905 Dennison Street LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4100 NEWPORT PL DR STE #700, NEWPORT BEACH, CA 92660-2451
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2022
—
1905 Dennison Street LLC
—
Deed
related
$2,950,000 · Elleen F Lantrip
Feb 5, 2021
$3,437,500
1905 Dennison Street LLC
Vemt LLC
Grant Deed
—
Jun 7, 2016
$1,880,000
Vemt LLC
Mccauley,j Brian
Grant Deed
$951,000 · Plaza Bk
Jan 26, 2016
—
Mccauley Family 2008 Trust A
Mccauley Donald D
Quit Claim Deed
related
—
Apr 24, 2014
—
Donald D Mccauley
Mccauley,shirley S
Affidavit Of Death
related
—
Feb 22, 2008
—
Mccauley Donald D & Shirley S Tr
Mccauley,donald D
Quit Claim Deed
related
—
Dec 5, 2007
—
Donald D Mccauley
Mccauley,george
Quit Claim Deed
—
Dec 30, 2005
—
J B Mccauley
Mccauley,george
Quit Claim Deed
related
—
Oct 16, 1995
$49,645
Castaneda,christopher
Donald D Mccauley Trustee
Trustees Deed
—
Oct 16, 1995
$37,236
Mccauley Trust
Donald D Mccauley Trustee
Trustees Deed
related
—
Aug 16, 1995
$12,409
Christopher Castaneda
Mccauley Trust
Grant Deed
—
Aug 16, 1995
$49,636
J B Mccauley
Mccauley Trust
Grant 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.
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