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    Property profile & analytics

    2222 S Figueroa St Los Angeles, CA 90007

    • Warehouses
    • 58,245 SF
    • 0.54 lot acres
    For Lease
    View listing
    $2 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7792764
    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

    • StorQuest Self Storage / Storage Facility
    • Texere Plaza Lofts / Property Management Company / Apartment Building
    • Oneness, Spiritual Integration Work. New Paradigm MEDITATION - call for schedule / Alternative Medicine Practice
    • Solecita Gems: Tooth Gems and Teeth Whitening / (Bike/Boat/Book/etc) Store
    • William Ha / Dental Office

    Property Details for 2222 S Figueroa St

    Year built
    1990
    Construction
    TILT-UP CONCRETE
    Lot size
    0.54 lot acres
    Property size
    58,245 SF
    Zone code
    LAUC(CA)
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    5446-016-011
    APU
    5446016011

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,605,000
      Market price range: $497k - $3.62M

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.223
    Latitude
    34.0827
    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
    $203,925
    $4,625,275
    $11,925,588
    $16,550,863
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $6,810,000
      68,240 SF

      3017 San Fernando Rd

      MINI-WAREHOUSE, STORAGE • 68,240 SF
      3017 San Fernando Rd, Los Angeles, CA 90065-1410
      View Details
    • Value Estimation
      $695,000
      132,296 SF

      2840 San Fernando Rd

      MINI-WAREHOUSE, STORAGE • 132,296 SF
      2840 San Fernando Rd, Los Angeles, CA 90065-1321
      View Details
    • Value Estimation
      $12,960,000
      151,642 SF

      3810 Eagle Rock Blvd

      MINI-WAREHOUSE, STORAGE • 151,642 SF
      3810 Eagle Rock Blvd, Los Angeles, CA 90065-3638
      View Details
    • Value Estimation
      $1,910,000
      18,226 SF

      3501 San Fernando Rd

      WAREHOUSE, STORAGE • 18,226 SF
      3501 San Fernando Rd, Los Angeles, CA 90065-1426
      View Details
    • Value Estimation
      $14,065,000
      56,087 SF

      2710 Media Ctr Dr

      WAREHOUSE, STORAGE • 56,087 SF
      2710 Media Ctr Dr, Los Angeles, CA 90065-1746
      View Details
    • Value Estimation
      $825,000
      6,886 SF

      400 Cypress Ave

      WAREHOUSE, STORAGE • 6,886 SF
      400 Cypress Ave, Los Angeles, CA 90065-1560
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      22,856 SF

      Glassell Park Warehouse For Sale

      Street-to-street property with bow truss roof in Glassell Park.
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      Los Angeles Industrial Property For Sale

      Fee simple interest and operating business acquisition opportunity in Los Angeles.
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      6,484.00 Acres

      Residential Lot in Glassell Park

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      Land Available in Los Angeles

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      430 Wren Dr, Los Angeles, CA 90065
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    • $49,000

      Vacant Land in Glassell Park

      Prime vacant lot with views for potential development.
      3635 N The Paseo Dr, Los Angeles, CA 90065
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    • $750,000

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      Triplex in Mount Washington with views of Downtown LA.
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    Similar Nearby for Lease

    • $1.55 SF/Yr
      6,800 SF

      Sun Valley Warehouse with Yard

      Freestanding warehouse with paved yard and electric gate.
      7648-7654 San Fernando Rd, Sun Valley, CA 90065
      View Details
    • Contact for pricing
      53,289 SF

      Sun Valley Industrial Building For Lease

      Industrial building with fenced yard and good freeway access.
      8484 San Fernando Rd, Sun Valley, CA 90065
      View Details
    • Contact for pricing
      168,000 SF

      Freestanding Warehouse with San Fernando Frontage

      168,000 SF warehouse with fenced yard and heavy power.
      9545 San Fernando Rd, Sun Valley, CA 90065
      View Details
    • Contact for pricing
      5,400 SF

      Sylmar Warehouse with Fenced Yard

      Warehouse with fenced yard and excellent freeway access available for lease.
      13217-13227 San Fernando Rd, Sylmar, CA 90065
      View Details
    • Contact for pricing
      58,328 SF

      Industrial Space Sublease Opportunity

      Sublease available in strategic location between SFV & LA.
      3550 Tyburn St, Los Angeles, CA 90065
      View Details
    • Contact for pricing
      3,715 SF

      Flex Warehouse/Office Space Available

      Multi-tenant building with HVAC and private restroom.
      1844 Cypress Ave, Los Angeles, CA 90065
      View Details
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    2222 S Figueroa St
    Los Angeles, CA 90007
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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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