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    15302 Nelson Ave La Puente, CA 91744-4414
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    Property profile & analytics

    15302 Nelson Ave, La Puente, CA 91744-4414

    View on Map
    • Warehouses
    • 39,364 SF
    • 0.81 lot acres
    Off-Market
    Last Sale Dec 7, 2020
    $8,950,000
    Property ID
    US09-8084532
    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
    $9,610,000
    Show details
    Cap Rate Potential
    4.6%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 15302 Nelson Ave

    Year built
    2016
    Construction
    TILT-UP CONCRETE
    Lot size
    0.81 lot acres
    Zone code
    IDM*
    Property type
    Warehouses
    APN
    8208-024-076
    APU
    8208024076

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 2, 2024 — Bci IV Nelson Industrial Center LP — Deed · related —
    Dec 7, 2020 $8,950,000 Bci IV Nelson Indl Ctr LP Junming Grace Ma LLC Grant Deed —
    Feb 8, 2018 — Junming Grace Ma LLC — Grant Deed · related $3.5M · Blue Gate Bk
    Jan 30, 2018 — Nelson Avenue Investment Group LLC Value Source INC Quit Claim Deed · related —
    Feb 14, 2017 — Nelson Avenue Inv Group LLC — Grant Deed · related $4.9M · Pacific Wstrn Bk
    Mar 9, 2016 — Nelson Avenue Investment Group Nelson Avenue Investment Group Quit Claim Deed · related —
    Mar 6, 2015 — Nelson Avenue Investment Group — Trustees Deed · related $4.4M · Pacific Wstrn Bk
    Jul 18, 2013 $90,000 Nelson Avenue Inv Grp LLC Suburban Water Systems Grant Deed · related $1.6M · Pacific Wstrn Bk
    Jan 1, 1965 — Suburban Water Systems — Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $11,145,000
      ML approach
      $11,140,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $8,535,000
      6.5%
      $7,880,000
      7%
      $7,315,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $15,365,000
      NEIGHBORHOOD: SHOPPING CENTER
      $14,260,000

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

    Location Insight

    • Map
    • Local Demand
    City
    La Puente
    County
    Los Angeles
    State
    California
    Longitude
    -117.961
    Latitude
    34.0281
    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
    $73,462
    $2,333,065
    $3,438,313
    $5,771,378
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,420,000
      25,270 SF

      581 Yorbita Rd

      WAREHOUSE, STORAGE
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      View Details
    • Value Estimation
      $9,075,000
      100,085 SF

      15350 Stafford St

      WAREHOUSE, STORAGE
      15350 Stafford St, La Puente, CA 91744-4420
      View Details
    • Value Estimation by Request
      29,998 SF

      17755 Vly Blvd

      WAREHOUSE, STORAGE
      17755 Vly Blvd, City Of Industry, CA 91744-5741
      View Details
    • Value Estimation by Request
      42,069 SF

      17745 Vly Blvd

      WAREHOUSE, STORAGE
      17745 Vly Blvd, City Of Industry, CA 91744-5741
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    • Value Estimation by Request
      20,520 SF

      220 California Ave

      Distribution properties
      220 California Ave, City of Industry, CA 91744
      View Details
    • Value Estimation
      $595,000
      4,736 SF

      18305 Bedford Cir

      WAREHOUSE, STORAGE
      18305 Bedford Cir, La Puente, CA 91744-5972
      View Details

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      Prime Commercial Land Opportunity

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    Similar Nearby for Lease

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    • Contact for pricing
      147,100 SF

      New Industrial Warehouse For Rent

      New construction warehouse with large trailer yard and high clearance.
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      View Details
    • Contact for pricing
      240,450 SF

      Industrial Warehouse Space in City

      240,450 SF industrial space for lease in City of Industry.
      17411 Valley Blvd, City of Industry, CA 91744
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      View Details
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    La Puente, CA 91744-4414
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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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