Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    16230 Filbert St Sylmar, CA 90001
    Back to Search
    Property profile & analytics

    16230 Filbert St Sylmar, CA 90001

    View on Map
    • Manufacturing properties
    • 72,429 SF
    • 3.57 lot acres
    For Lease
    $5,795,000
    View Listing →
    Sylmar Warehouse with Fenced Yard For Lease
    $5,795,000
    18,400 SF

    Sylmar Warehouse with Fenced Yard

    Warehouse space available for sublease through September 30, 2028.

    Los Angeles, CA 90001
    View Listing
    Property ID
    US09-8472899
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 16230 Filbert St

    Year built
    1981
    Lot size
    3.57 lot acres
    Property size
    72,429 SF
    Zone code
    LAM1
    Property type
    Manufacturing properties
    APN
    2603-010-021
    APU
    2603010021

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,862,000
      Market price range: $7.26M - $23.4M

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

    Location Insight

    • Map
    • Local Demand
    City
    Sylmar
    County
    Los Angeles
    State
    California
    Longitude
    -118.484
    Latitude
    34.3182
    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
    $73,458
    $888,274
    $4,253,284
    $5,141,558
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $7,030,000
      80,250 SF

      13001 Bradley Ave

      MANUFACTURING (LIGHT) • 80,250 SF
      13001 Bradley Ave, Sylmar, CA 91342-3832
      View Details
    • Value Estimation
      $12,365,000
      82,496 SF

      12800 Foothill Blvd

      MANUFACTURING (LIGHT) • 82,496 SF
      12800 Foothill Blvd, Sylmar, CA 91342-5315
      View Details
    • Value Estimation
      $3,800,000
      49,362 SF

      12361 Foothill Blvd

      MANUFACTURING (LIGHT) • 49,362 SF
      12361 Foothill Blvd, Sylmar, CA 91342-6056
      View Details
    • Value Estimation
      $5,805,000
      49,040 SF

      12423 Gladstone Ave

      MANUFACTURING (LIGHT) • 49,040 SF
      12423 Gladstone Ave, Sylmar, CA 91342-5339
      View Details
    • Value Estimation
      $9,050,000
      119,088 SF

      15853 Olden St

      MANUFACTURING (LIGHT) • 119,088 SF
      15853 Olden St, Rancho Cascades, CA 91342-1249
      View Details
    • Value Estimation
      $6,645,000
      86,412 SF

      12780 San Fernando Rd

      HEAVY MANUFACTURING • 86,412 SF
      12780 San Fernando Rd, Sylmar, CA 91342-3728
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Sylmar Distribution Building For Sale

      Modern distribution building in Sylmar, CA near major freeways.
      13207 Bradley Ave, Sylmar, CA 91342
      View Details
    • $935,000

      Industrial Condominium with Street Visibility

      Industrial condominium in well-maintained park, convenient freeway access.
      12951 Arroyo St, Sylmar, CA 91342
      View Details
    • Contact for pricing
      Pending

      Sylmar Restaurant Opportunity

      Restaurant opportunity at the corner of Polk and Glenoaks.
      13076 Glenoaks Blvd, Sylmar, CA 91342
      View Details
    • $1,450,000
      2.58 Acres

      Sylmar Land with Equestrian Potential

      2.5 acre parcel in Los Angeles horse country.
      Foothill Blvd, Sylmar, CA 91342
      View Details
    • $699,996
      43.42 Acres

      Large Acreage in Lakeview Terrace

      Over 43 acres of land in Lakeview Terrace, California.
      9701 Foothill Blvd, Lake View Terrace, CA 91342
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      27,827 SF

      Sylmar Warehouse Space Available

      27,827 sqft warehouse space for lease in Sylmar.
      15624 Roxford St, Sylmar, CA 91342
      View Details
    • Contact for pricing

      Distribution Building Near Interstate 5

      Distribution building with corporate neighbors, near Interstate 5.
      13207 Bradley Ave, Los Angeles, CA 91342
      View Details
    • $2.00 SF/Yr

      Industrial Space For Lease

      Industrial property available for lease in San Fernando/Sylmar/Pacoima.
      15751 Roxford St, Sylmar, CA 91342
      View Details
    • Contact for pricing

      Industrial Warehouse Spaces For Rent

      Small industrial warehouse spaces with secured parking and gated access.
      13010 San Fernando Rd, Sylmar, CA 91342
      View Details
    • $1.69 SF/Yr
      48,440 SF

      Renovated Warehouse with Office Space

      Fully renovated warehouse with office space and high clearance.
      13949 Balboa Blvd, Los Angeles, CA 91342
      View Details
    • Contact for pricing
      2,254 SF

      Sylmar Warehouse Space Available

      2,254 square foot warehouse space for lease in Sylmar.
      12473 Gladstone Ave, Sylmar, CA 91342
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16230 Filbert St
    Sylmar, CA 90001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    16230 Filbert St, Sylmar, CA, 90001
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!