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Property profile & analytics
FOR LEASE
Warehouses
16215 Marquardt Ave, Cerritos, CA 90703
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8413633
For Lease
1 / 5
$8,090,000
16215 Marquardt Ave, Cerritos, CA 90703
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1981
Construction
TILT-UP CONCRETE
Total area
74,840 SF
Lot
3.94 ac (171,476 SF)
Zoning code
CEM
APN
7005-013-055
UPID
US09-8413633
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.09M
Owner & transaction history
Marquardt Investment Group · 19 yrs held
Marquardt Investment Group
since 2007
7 recorded transactions
Zoning & alternative use
CEM · Cerritos, 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 Cerritos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cerritos 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$108 / 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
$82,954
Tax year 2024
Assessed value
$5,818,581
Assessed 2024
Previous assessed
$5,818,581
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$2,938,520
Assessed improvement
$2,880,061
Applied tax rate
2.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
74,840 SF
Lot
3.94 ac (171,476 SF)
Zoning code
CEM
APN
7005-013-055
UPID
US09-8413633
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CEM · Cerritos, CA
Zoning CEM · permitted uses
CEM · Cerritos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cerritos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
3.94 ac
Current owner
From public records · entity-resolved
Marquardt Investment Group
Entity
Mailing address
8117 AURORA LN, WHITTIER, CA 90605-1374
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Jan 6, 2021
—
Marquardt Investment Group
—
Deed
related
$3,500,000 · East West Bank
Jan 8, 2019
—
Marquardt Investment Group
—
Deed
related
$2,000,000 · East West Bank
Jan 17, 2007
—
Marquardt Investment Group
Yu,richard & Jean L
Warranty Deed
—
Aug 29, 1994
$2,037,000
Richard Yu
Yu,richard
Grant Deed
related
—
Oct 29, 1991
—
Richard Yu
First Interstate
Grant Deed
$2,857,000 · Union Bank
Dec 2, 1988
$3,510,000
Palms Bu Batavia
Marquardt Partne
Grant Deed
—
—
—
Marquardt Investment Group
—
Deed Of Trust
related
$1,500,000 · East West Bk
—
—
Richard Yu
—
Deed Of Trust
related
$1,920,000 · Union Bank Of California
—
—
Richard Yu
—
Deed Of Trust
related
$2,600,000 · Union Bank Of California
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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