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Property profile & analytics
OFF-MARKET Estimated value $6,100,000
Investment properties

19811 Colima Rd Walnut, CA 91789-3421

33,246 SF 1.33 ac lot Built 1986
Entity Owned 23-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-9179626
Property summary
AI-generated overview

This exceptional commercial property, Hing Wa Lee Plaza II, presents a unique investment opportunity in the thriving city of Walnut, California. Located at 19811 Colima Rd, 91789, this Class B office building boasts a total of 64,846 square feet, offering multiple tenancy options. Currently, there is 4,035 square feet of vacant space available, perfect for a variety of businesses. The building was constructed in 1987 and provides 95 convenient parking spaces for tenants and their clients. The property's location in Los Angeles County makes it easily accessible to major transportation routes and a diverse range of businesses. The available space is particularly well-suited for sole proprietorships such as CPA, attorney, or insurance offices, as well as mortgage brokers or real estate agencies. However, the versatile layout also lends itself to educational services, tutoring centers, dance studios, and other similar businesses. The ample free parking is a significant advantage, ensuring convenient access for both employees and clients. This property offers a compelling combination of location, size, and amenities, making it an attractive option for businesses seeking a well-established and easily accessible office space in a vibrant community.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1986
Total area 33,246 SF
Lot 1.33 ac (57,761 SF)
Zoning code LCC2BE*
APN 8762-021-027
UPID US09-9179626
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
  • P & J Academy Tutoring Service
  • Bank Of Hope Bank Loan Service
  • Wang Michael DDS Dental Office
  • 美国第一房贷公司 免查收入贷款 以房养老/贷款买房 房子抵押贷款 买房贷款 低利率贷款/房屋抵押贷款 不查收入贷款 洛杉矶贷款/美国贷款 洛杉矶房屋贷款 美国房贷 抵押贷款 房贷 Real Estate Agency
  • Hing Wa Lee Plaza II Business Park
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$6.10M
Owner & transaction history
Hing Wa Lee Plaza LLC · 23 yrs held
Hing Wa Lee Plaza LLC
since 2003
7 recorded transactions
2022
Price N/A
2018
Price N/A
2016
Price N/A
2003
Price N/A
2002
Price N/A
2001
Price N/A
2000
Price N/A
Zoning & alternative use
LCC2BE* · Walnut, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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