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Property profile & analytics
OFF-MARKET
Estimated value
$12,520,000
Distribution centers
16404 Knott Ave La Mirada, CA 90638-5760
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6226711
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2000
Construction
TILT-UP CONCRETE
Total area
54,792 SF
Lot
2.54 ac (110,841 SF)
Zoning code
LMM2*
APN
7001-020-031
UPID
US09-6226711
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
-
Ortiz Metals Metal Fabrication Plant Factory
-
ZSi-Foster - Wesanco Manufacturing Center Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.65M
CAP Approach
CAP
$10.97M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.52M
Owner & transaction history
Bprep 16404 Knott Ave LLC · 6 yrs held
Bprep 16404 Knott Ave LLC
since 2020
Last sale
$13.0M
5 recorded transactions
Zoning & alternative use
LMM2* · La Mirada, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$16.9M
+11.0%
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
$13,955,000
ML approach
$11,650,000
CAP Approach
CAP Return
Estimation
6%
$11,885,000
6.5%
$10,970,000
7%
$10,185,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$15,255,000
Current use
COMMERCIAL (GENERAL)
$16,930,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$12.52M
Range $11.27M – $13.77M · ±10% · vs last sale $13.02M (Jan 29 2020)
Last sale anchor
$13.02M
Jan 29 2020
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
$229 / 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
$179,661
Tax year 2024
Assessed value
$13,954,707
Assessed 2024
Previous assessed
$13,954,707
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$7,505,413
Assessed improvement
$6,449,294
Applied tax rate
6.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
54,792 SF
Lot
2.54 ac (110,841 SF)
Zoning code
LMM2*
APN
7001-020-031
UPID
US09-6226711
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$15.3M
COMMERCIAL (GENERAL)
Est. value
$16.9M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
2.54 ac
Current owner
From public records · entity-resolved
Bprep 16404 Knott Ave LLC
Entity
Mailing address
250 VESEY ST15THFL, NEW YORK, NY 10281-1052
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2020
—
Bprep 16404 Knott Ave LLC
—
Deed
related
$49,200,000 · Tiaa Fsb Holdings INC
Jan 29, 2020
$13,015,000
Bprep 16404 Knott Ave LLC
Meese INC
Grant Deed
—
Mar 20, 2001
$4,023,500
Meese INC
Burke Desman Road LLC
Grant Deed
—
Dec 30, 1999
$1,148,000
Burke Desman Road LLC
Desman Road Partners
Grant Deed
related
$2,525,000 · First Security Bank California
—
—
Meese INC
—
Deed Of Trust
related
$4,000,000 · Fleet National Bank
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.
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