Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2246 Sawtelle Blvd Los Angeles, CA 90064
    Back to Search
    Property profile & analytics

    2246 Sawtelle Blvd, Los Angeles, CA 90064

    View on Map
    • Warehouses
    • 68,223 SF
    • 1.02 lot acres
    Off-Market
    Property ID
    US09-7467729
    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.
    Value Estimations
    $7,550,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2246 Sawtelle Blvd

    Year built
    1998
    Construction
    TILT-UP CONCRETE
    Lot size
    1.02 lot acres
    Zone code
    LAM2
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    4260-020-022
    APU
    4260020022

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 24, 2025 — Socal Self Storage Sawtelle Socal Self Storage Sawtelle Deed · related —
    May 1, 2017 — Socal Self Storage-sawtelle Ll — Deed · related $15M · Bank Of America
    Dec 27, 2000 — Self Storage Sawtelle — Deed Of Trust · related $7.6M · General Electric Capital Corp
    Mar 28, 1997 — Self Storage Sawtelle Artinian,eddie Grant Deed $4.8M · Imperial Thrift & Loan
    — — Socal Self Storage-sawtelle Ll — Deed Of Trust · related $15M · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $10,890,000
      6.5%
      $10,050,000
      7%
      $9,335,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.44
    Latitude
    34.0373
    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
    $107,216
    $4,790,328
    $3,570,401
    $8,360,729
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $10,290,000
      126,028 SF

      11470 10th Ave

      MINI-WAREHOUSE, STORAGE
      11470 10th Ave, Los Angeles, CA 90064-1511
      View Details
    • Value Estimation by Request
      1,800 SF

      11275 Olympic Blvd

      MINI-WAREHOUSE, STORAGE
      11275 Olympic Blvd, Los Angeles, CA 90064
      View Details
    • Value Estimation
      $3,690,000
      44,359 SF

      2290 Centinela Ave

      MINI-WAREHOUSE, STORAGE
      2290 Centinela Ave, Los Angeles, CA 90064-1007
      View Details
    • Value Estimation
      $7,010,000
      102,576 SF

      11820 Olympic Blvd

      MINI-WAREHOUSE, STORAGE
      11820 Olympic Blvd, Los Angeles, CA 90064-1100
      View Details
    • Value Estimation
      $8,330,000
      89,200 SF

      11259 Olympic Blvd

      MINI-WAREHOUSE, STORAGE
      11259 Olympic Blvd, Los Angeles, CA 90064-1720
      View Details
    • Value Estimation
      $25,230,000
      193,967 SF

      11200 Pico Blvd

      MINI-WAREHOUSE, STORAGE
      11200 Pico Blvd, Los Angeles, CA 90064-1710
      View Details

    Similar Nearby for Sale

    • $5,000,000

      Renovated Warehouse with Parking

      Recently renovated warehouse featuring high ceilings and parking.
      Los, Los Angeles, CA 90064
      View Details
    • Contact for pricing
      5,350 SF

      Office/Flex Building For Sale

      Office/flex building suitable for various commercial uses.
      2320 Cotner Ave, Los Angeles, CA 90064
      View Details
    • $10,500,000

      Flex Space Opportunity in Los Angeles

      Two-building flex space totaling 14,837 SF in Los Angeles.
      Los, Los Angeles, CA 90064
      View Details
    • Contact for pricing
      18,572 SF

      Los Angeles Flex/Office Space

      Flex/office space with excellent natural light and signage opportunities.
      2250 S Barrington Ave, Los Angeles, CA 90064
      View Details
    • Contact for pricing
      9,200 SF

      Mixed-Use Retail/Office Building For Sale

      Mixed-use retail/office building near Pico Boulevard and Barrington Ave.
      11714 W Pico Blvd, Los Angeles, CA 90064
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,570 SF

      Secured Parking Warehouse Space Available

      Warehouse space with gated parking and frontage on Olympic Blvd.
      11600-11614 W Olympic Blvd, Los Angeles, CA 90064
      View Details
    • Contact for pricing
      11,965 SF

      Free Standing Industrial Building

      Industrial building with secure parking, offices, and high ceilings.
      2228 Barry Ave, Los Angeles, CA 90064
      View Details
    • $1.95 SF/Yr
      15,766 SF

      Secure Lot with Ample Parking

      Gated parking with security, charging stations, and metro access.
      Los, Los Angeles, CA 90064
      View Details
    • Contact for pricing
      2,500 SF

      Industrial Space with Ground Level

      Second floor industrial space featuring a ground level door.
      11527-11529 W Pico Blvd, Los Angeles, CA 90064
      View Details
    • Contact for pricing
      2,500 SF

      Freestanding Warehouse Space Available

      Freestanding warehouse with one ground-level door and 200 Amps power.
      11531-11533 W Pico Blvd, Los Angeles, CA 90064
      View Details
    • Contact for pricing
      4,800 SF

      Industrial Building with Gated Parking

      Air-conditioned industrial building with gated parking and loading area.
      2347 Pontius Ave, Los Angeles, CA 90064
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2246 Sawtelle Blvd
    Los Angeles, CA 90064
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2246 Sawtelle Blvd, Los Angeles, CA, 90064
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!