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Financial
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Property profile

1661 Hanover Rd 211/215 City of Industry, CA 91748

FOR LEASE
Office buildings
Property ID
US09-6290607
35,010 SF 2.29 ac lot Built 1978
Last sale Mar 2003 · $49,000,490
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1661 Hanover Rd,Unit 211/215, City of Industry, CA 91748 For Lease
$7,092/Mo 3,546 SF available
1661 Hanover Rd,Unit 211/215, City of Industry, CA 91748
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Property summary

AI-generated overview

An office space in the City of Industry with an approximate total area of 1,088 square feet. The interior layout includes an open floor plan along with private office rooms. The property is located near Puente Hills Mall and major nearby businesses including Costco, Marie Callender's Restaurant, and Applebee's Grill and Bar.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$50k
Tax billed · 2024
Assessed value$2.83M
Assessed land$1.70M
Assessed improvement$1.13M
Effective rate1.75%

Value estimate

· Oct 2026
$5.21M
$4.69M – $5.73M
Submarket $/SF estimate$6.98M
NOI build-up
Gross scheduled income$136k
Vacancy & credit loss−$33k
Operating expenses−$26k
NOI · 1,092.96% cap applied$78k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$449/SF
County average, outlier-cleaned · 2758 recorded sales of this use type
Observed band · Q1–Q3$239 – $740
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,092.96%
$78k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IDC*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.7
Shoe Repair8.6
Laundry Service8.4

Location

1661 Hanover Rd, Unit 211/215 City of Industry, CA 91748
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18250 Colima, Rowland Heights, CA 91748-2602 $7,180,000 Jan 2024 12,254 SF
18405 Colima, Rowland Heights, CA 91748-2788 $1,800,018 Dec 2023 4,100 SF
18611 Gale, City Of Industry, CA 91748-1342 $4,000,040 Nov 2021 13,580 SF
18501 Gale, City Of Industry, CA 91748-1329 $7,605,076 Nov 2021 23,611 SF
17300 Gale, City Of Industry, CA 91748-1512 $18,100,181 Sep 2021 17,766 SF
19138 Walnut N, La Puente, CA 91748-1432 $2,848,028 Nov 2020 10,601 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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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