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Property profile & analytics
FOR LEASE
Community centers
16262 Whittier Blvd Whittier, CA 90603
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US09-8466600
For Lease
$2,745,000
16262 Whittier Blvd, Whittier, CA 90603
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1961
Construction
WOOD
Total area
52,894 SF
Lot
4.13 ac (179,925 SF)
Zoning code
WHC2*
APN
8232-001-038
UPID
US09-8466600
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
-
MJ Body Sculpting Sculpture
-
avon college Training Center
-
Luna Ink Photography (Bike/Boat/Book/etc) Store Photography Service
-
Graham & Associates Cemetery
-
Kreider Wendy DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.75M
Owner & transaction history
Citrus Center LLC · 23 yrs held
Citrus Center LLC
since 2003
7 recorded transactions
Zoning & alternative use
WHC2* · Whittier, 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 Whittier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whittier 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
$52 / 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
$88,508
Tax year 2024
Assessed value
$5,821,745
Assessed 2024
Previous assessed
$5,821,745
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$2,839,875
Assessed improvement
$2,981,870
Applied tax rate
13.0000
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1961
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Total area
52,894 SF
Lot
4.13 ac (179,925 SF)
Zoning code
WHC2*
APN
8232-001-038
UPID
US09-8466600
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WHC2* · Whittier, CA
Zoning WHC2* · permitted uses
WHC2* · Whittier, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Whittier. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
4.13 ac
Current owner
From public records · entity-resolved
Citrus Center LLC
Entity
Mailing address
PO BOX 3160, BURBANK, CA 91508-3160
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2024
—
Robert Assil
—
Deed
related
$2,754,605 · James Demircift
Jan 28, 2003
$2,800,000
Citrus Center LLC
Smith,donald
Trustees Deed
—
May 13, 1992
—
Van Maanen Virginia L Co Tr
—
Deed Of Trust
related
—
—
—
Citrus Center LLC
—
Deed Of Trust
related
$2,260,448 · James C Demircift
—
—
Citrus Center LLC
—
Deed Of Trust
related
$3,700,000 · Standard Insurance Co
—
—
Citrus Center LLC
—
Deed Of Trust
related
$400,000 · Wilshire State Bank
—
—
Citrus Center LLC
—
Deed Of Trust
related
$2,600,000 · Wilshire State Bank
—
—
Citrus Center LLC
—
Deed Of Trust
related
$2,260,448 · James C Demircift
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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