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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1722 41st St Vernon, CA 90058-1502

    • Warehouses
    • 13,522 SF
    • 0.36 lot acres
    OFF-MARKET
    Last Sale
    Dec 21, 2023
    $5,500,055
    Value Estimations
    $5,990,000
    Show details
    Cap Rate Potential
    3.2%
    Warehouses
    Location Intelligence
    Property ID
    US09-7641373
    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.

    Current Use by Public Records

    • Warehouses

    Property Details for 1722 41st St

    Year built
    1989
    Construction
    TILT-UP CONCRETE
    Lot size
    0.36 lot acres
    Property size
    13,522 SF
    Zone code
    LAM2
    Property type
    Warehouses
    APN
    5116-029-056
    APU
    5116029056

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,335,000
      ML approach
      $6,280,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,957,000
      Market price range: $2.28M - $4.96M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $7,350,000
      OFFICE BUILDING
      $6,785,000
      MEDICAL BUILDING
      $6,160,000
      NEIGHBORHOOD: SHOPPING CENTER
      $5,725,000
      RETAIL STORES
      $5,550,000
      COMMERCIAL (GENERAL)
      $4,050,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Vernon
    County
    Los Angeles
    State
    California
    Longitude
    -118.243
    Latitude
    34.0078
    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
    $67,664
    $3,913,000
    $1,587,000
    $5,500,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $790,000
      51,246 SF

      6099 Malburg Way

      WAREHOUSE, STORAGE • 51,246 SF
      6099 Malburg Way, Vernon, CA 90058-3947
      View Details
    • Value Estimation
      $1,085,000
      46,846 SF

      4560 Loma Vis Ave

      WAREHOUSE, STORAGE • 46,846 SF
      4560 Loma Vis Ave, Vernon, CA 90058-2602
      View Details
    • Value Estimation
      $735,000
      26,208 SF

      4900 Loma Vis Ave

      WAREHOUSE, STORAGE • 26,208 SF
      4900 Loma Vis Ave, Vernon, CA 90058-3219
      View Details
    • Value Estimation
      $1,080,000
      224,928 SF

      4701 Santa Fe Ave

      WAREHOUSE, STORAGE • 224,928 SF
      4701 Santa Fe Ave, Vernon, CA 90058-2125
      View Details
    • Value Estimation
      $1,105,000
      76,800 SF

      4441 Santa Fe Ave

      WAREHOUSE, STORAGE • 76,800 SF
      4441 Santa Fe Ave, Vernon, CA 90058-2101
      View Details
    • Value Estimation
      $965,000
      63,064 SF

      4848 Santa Fe Ave

      WAREHOUSE, STORAGE • 63,064 SF
      4848 Santa Fe Ave, Vernon, CA 90058-2119
      View Details

    Similar Nearby for Sale

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      57,195 SF

      Two Freestanding Buildings with Secured Yard

      Two buildings with income and a large, secured yard.
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    • $4,020,000
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      Vernon Manufacturing/Creative Buildings For Sale

      Manufacturing/creative buildings with heavy power and downtown LA access.
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    • New
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      2,200 SF

      Los Angeles Manufacturing Investment Property

      Manufacturing property featuring two units with street and alley access.
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    • Contact for pricing
      129,269 SF

      Vernon Warehouse with Secured Yard

      Large warehouse with secured yard in Vernon, California.
      5008 S Boyle Ave, Los Angeles, CA 90058
      View Details
    • Contact for pricing
      103,633 SF

      Vernon CA Cold Storage Facility

      103,633 SF Refrigerated Warehouse, Vernon CA
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    • $850,000

      Vernon Industrial Property for Sale

      Industrial property available in Vernon, California.
      2455 E 52Nd St, Vernon, CA 90058
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      3,800 SF

      Vernon Industrial Space For Lease

      Los Angeles Warehouse: 3,800 SF Available Now
      5760 S 2nd St, Los Angeles, CA 90058, Los Angeles, CA 90058
      View Details
    • $1.05 SF/Yr
      89,848 SF

      Vernon Manufacturing/Warehouse Space Available

      Manufacturing and warehouse space in central Vernon location for lease.
      3150 E 46Th St, Los Angeles, CA 90058
      View Details
    • $1.05 SF/Yr
      3,800 SF

      Vernon Warehouse/Storage Space

      Vernon Warehouse/Storage Space
      5760 S 2nd St, Vernon, CA 90058
      View Details
    • $18,750,000
      36,101 SF

      Cold Storage Facility in Vernon

      State-of-the-art cold storage facility in an excellent Vernon location.
      2590 Harriet St, Vernon, CA 90058
      View Details
    • Contact for pricing
      209,078 SF

      High Image Logistics Facility Available

      State-of-the-art logistics facility with immediate freeway access.
      4885 E 52Nd Pl, Los Angeles, CA 90058
      View Details
    • $1.05 SF/Yr
      60,000 SF

      Vernon Warehouse with Office Space

      Shared warehouse space with offices in Vernon, California.
      3222 E Washington Blvd, Los Angeles, CA 90058
      View Details
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    Vernon, CA 90058-1502
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    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
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