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Property profile & analytics
FOR SALE
Warehouses
16222 Phoebe Ave La Mirada, CA 90638
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6226709
For Sale
1 / 14
$40,621,500
16222 Phoebe Ave, La Mirada, CA 90638
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1964
Construction
TILT-UP CONCRETE
Total area
136,957 SF
Lot
4.74 ac (206,530 SF)
Zoning code
LMM2*
APN
7001-013-039
UPID
US09-6226709
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
-
VT West, Inc. (California Division) Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$27.42M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.52M
Owner & transaction history
Phoebe Investment LLC · 3 yrs held
Phoebe Investment LLC
since 2022
6 recorded transactions
Zoning & alternative use
LMM2* · La Mirada, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$29,700,000
6.5%
$27,415,000
7%
$25,460,000
Blend value · Realmo final
$21.52M
Range $19.36M – $23.67M · ±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
$157 / 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
$293,685
Tax year 2024
Assessed value
$23,460,000
Assessed 2024
Previous assessed
$23,460,000
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$15,300,000
Assessed improvement
$8,160,000
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 Sale
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
136,957 SF
Lot
4.74 ac (206,530 SF)
Zoning code
LMM2*
APN
7001-013-039
UPID
US09-6226709
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.
Building & site characteristics
From public records
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
4.74 ac
Current owner
From public records · entity-resolved
Phoebe Investment LLC
Entity
Mailing address
9631 W DE SOTO AVE STE #500, CHATSWORTH, CA 91311-5013
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2022
—
Phoebe Investment LLC
Van Nuys Holdings LLC
Grant Deed
$27,650,000 · Umpqua Bank
May 11, 2021
$28,000,000
12th Capital LLC
Clausen Investments INC
Grant Deed
$17,858 · Hanmi Bank
Oct 27, 2006
—
Clausen Investments INC
—
Deed Of Trust
related
$8,000,000 · American National Bank & Trust
Oct 20, 2006
—
Bristol Industrial I LLC
Bgi Holdings I LLC
Quit Claim Deed
related
—
Oct 20, 2006
$12,982,000
Clausen Investments INC
Bristol Industrial I LLC
Grant Deed
—
Jul 19, 1999
$5,400,000
Bgi Holding I LLC
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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