166 La Jolla St, Placentia, CA 92870-7111
- Flex space
- 12,100 SF
- 1.74 lot acres
Current Use by Public Records
- Placentia City Police Tow yard / Police Department
- Frozsun Foods / Grocery & Convenience Store / Food Market
Property Details for 166 La Jolla St
- Year built
- 1976
- Lot size
- 1.74 lot acres
- Property type
- Flex space
- APN
- 344-241-03
- APU
- 34424103
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 6, 2025 | $8,850,000 | Francisco D Ceja | Kappe Terracina LLC | Grant Deed | $4.5M · Harvest Small Business Finance LLC |
| Jun 6, 2025 | — | Francisco D Ceja | — | Deed · related | $3.7M · Business Finance Capital |
| Nov 15, 2022 | $3,125,000 | Kappe Terracina LLC | Dennis Arthur Sigalos | Grant Deed | $3M · Karagines Family Trust |
| Jul 17, 2015 | — | Sigalos,dennis & Deborah Trust | Sigalos Anthony 1983 Trust | Quit Claim Deed · related | — |
| Oct 3, 2013 | — | Sigalos,dennis & Deborah Trust | Sigalos,dennis A | Quit Claim Deed · related | — |
| Jul 13, 2011 | — | Dennis A Sigalos | Sigalos,joyce M | Quit Claim Deed · related | — |
| Aug 17, 2007 | — | Karagines Peter Trust | Owner Name Unavailable | Grant Deed · related | — |
| Mar 16, 2006 | $3,500,000 | Peter Karagines | Douglas Richard Circle | Grant Deed | $1M · Old Republic Exchange Facilitator C |
| Nov 24, 1999 | $273,500 | Circle Trust | Kirk Trust | Grant Deed | — |
| Nov 24, 1999 | $724,000 | Circle Trust | Kirk Trust | Trustees Deed | $620k · Sanwa Bank California |
| Nov 24, 1999 | $340,000 | Circle Trust | Kirk Trust | Trustees Deed | — |
| Oct 31, 1991 | — | Kirk Warehouse | — | Deed Of Trust · related | — |
| Feb 2, 1990 | — | Warehouse Kirk | — | Deed Of Trust · related | — |
Description
This single-tenant industrial property, located at 166 E La Jolla St, Placentia, CA 92870, offers 21,586 square feet of space on a 1.74-acre lot. The building, constructed in 1976 and classified as Class B, features a 17'3" ceiling height, three loading docks with three dock-high doors, and ample power (1,200 amp, 480/277 volt, 3-phase, 4-wire). The property boasts a substantial approximately 43,000 square foot concrete-fenced yard, providing significant outdoor storage or operational space. Its zoning is designated as "M," and it benefits from convenient access to major freeways including the 91, 57, and I-5. Renovations are scheduled to commence on May 31, 2024, following the current tenant's departure. The building's floor area ratio (FAR) is 0.25. This property presents a compelling opportunity for manufacturing, warehouse, or distribution businesses seeking a well-located and spacious facility in Placentia. The property is available for sale and lease.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,810,000
- ML approach
- $4,050,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,355,000
- 6.5%
- $2,175,000
- 7%
- $2,020,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,077,000
Market price range: $1.65M - $4.08M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,005,000 Current use
- AUTO REPAIR, GARAGE
- $5,400,000 Change: +80% Conversion: Easy
- OFFICE BUILDING
- $5,190,000 Change: +73% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $4,900,000 Change: +63% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Placentia
- County
- Orange
- State
- California
- Longitude
- -117.87
- Latitude
- 33.8581
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA