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Property profile & analytics
FOR LEASE
Warehouses
2222 S Figueroa St Los Angeles, CA 90007
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7792764
For Lease
1 / 2
$3,895,000
2222 S Figueroa St, Los Angeles, CA 90007
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1990
Construction
TILT-UP CONCRETE
Total area
58,245 SF
Lot
0.54 ac (23,356 SF)
Zoning code
LAUC(CA)
APN
5446-016-011
UPID
US09-7792764
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
-
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.61M
Blend (final)
Blend
$3.90M
Owner & transaction history
Rpc Fig Storage LLC · 9 yrs held
Rpc Fig Storage LLC
since 2016
7 recorded transactions
Zoning & alternative use
LAUC(CA) · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.90M
Range $3.51M – $4.28M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$67 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$203,925
Tax year 2024
Assessed value
$16,550,863
Assessed 2024
Previous assessed
$16,550,863
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$4,625,275
Assessed improvement
$11,925,588
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
726
Total area
58,245 SF
Lot
0.54 ac (23,356 SF)
Zoning code
LAUC(CA)
APN
5446-016-011
UPID
US09-7792764
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAUC(CA) · Los Angeles, CA
Zoning LAUC(CA) · permitted uses
LAUC(CA) · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
726
Lot
0.54 ac
Current owner
From public records · entity-resolved
Rpc Fig Storage LLC
Entity
Mailing address
2101 CEDAR SPGS RD STE #1600, DALLAS, TX 75201-2148
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2026
—
2222 South Figueroa LLC
—
Deed
related
$28,500,000 · Wafd Bank
Dec 1, 2021
—
2222 South Figueroa LLC
—
Deed
related
$28,000,000 · Vpd Lender 3 LLC
Jun 5, 2020
—
Rpc Fig Storage LLC
—
Deed
related
$41,130,000 · Miscellaneous Ins Co
Oct 27, 2016
$14,546,000
Rpc Fig Storage LLC
2222 N Figueroa Sp LLC
Grant Deed
$9,028,000 · Tcf National Bank
Aug 2, 2016
—
2222 South Figueroa LLC
—
Deed
related
$23,676,000 · Grandbridge R/e Cap
Feb 28, 2007
—
2222 N Figueroa Sp LLC
2222 N Figueroa Member LLC
Quit Claim Deed
—
Jan 5, 2007
—
2222 N Figueroa Member LLC
2222 N Figueroa Sp LLC
Grant Deed
$3,340,000 · Greenwich Capital Financial Product
Aug 29, 2006
—
2222 N Figueroa Sp LLC
Anthony W Esernia
Grant Deed
$11,500,000 · Greenwich Capital Financial Product
Aug 24, 2006
—
Anthony W Esernia
Esernia,joyce S
Quit Claim Deed
—
Oct 23, 2001
—
Mariposa Inv Spe
Awe-ocala
Grant Deed
related
—
Jul 30, 1996
$224,000
Awe-ocala Ltd
Figueroa Storage LP
Grant Deed
—
Oct 21, 1994
—
Storage L P Figueroa
—
Deed Of Trust
related
—
Dec 31, 1992
—
Figueroa Assoc L P 2222
—
Deed Of Trust
related
—
—
—
Rpc Fig Storage LLC
—
Deed Of Trust
related
$41,130,000 · Miscellaneous Ins Co
—
—
Marisops Investment Spe LLC
—
Deed Of Trust
related
$5,950,000 · Merrill Lynch Mortgage Corp
—
—
Awe-ocala Ltd
—
Deed Of Trust
related
$3,800,000 · Mellon First Business Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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