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

    260 Meyer St San Fernando, CA 91340-2622

    • Retail properties
    • 2,728 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimations
    $450,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0035556
    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

    • San Fernando Majers Coin Laundry / Laundry

    Property Details for 260 Meyer St

    Year built
    1983
    Construction
    TILT-UP CONCRETE
    Lot size
    0.34 lot acres
    Property size
    2,728 SF
    Zone code
    SFC2*
    Property type
    Retail properties
    APN
    2612-005-031
    APU
    2612005031

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $340,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $562,000
      Market price range: $456k - $1.33M
      AI Estimate
      $255,000
      Market price range: $198k - $639k

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

    Location Insight

    • Map
    • Local Demand
    City
    San Fernando
    County
    Los Angeles
    State
    California
    Longitude
    -118.449
    Latitude
    34.2895
    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
    $6,074
    $93,951
    $274,205
    $368,156
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $370,000
      9,300 SF

      211 Maclay Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 9,300 SF
      211 Maclay Ave, San Fernando, CA 91340-3603
      View Details
    • Value Estimation
      $4,880,000
      7,020 SF

      606 Ilex St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 7,020 SF
      606 Ilex St, San Fernando, CA 91340
      View Details
    • Value Estimation
      $350,000
      5,056 SF

      1501 Celis St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 5,056 SF
      1501 Celis St, San Fernando, CA 91340-3122
      View Details
    • Value Estimation
      $535,000
      4,865 SF

      1940 1st St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,865 SF
      1940 1st St, San Fernando, CA 91340-2610
      View Details
    • Value Estimation
      $285,000
      1,930 SF

      640 Truman St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,930 SF
      640 Truman St, San Fernando, CA 91340-3428
      View Details
    • Value Estimation
      $460,000
      6,240 SF

      756 Maclay Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 6,240 SF
      756 Maclay Ave, San Fernando, CA 91340-2143
      View Details

    Similar Nearby for Sale

    • $1,475,000
      5,056 SF

      San Fernando Retail Investment Opportunity

      Five-unit business park with refurbishment potential in San Fernando.
      1501 Celis St, San Fernando, CA 91340
      View Details
    • New
      $1,499,000
      3,793 SF

      San Fernando Mixed-Use Opportunity

      Mixed-use property with residential and renovated commercial space in San Fernando.
      901 N Maclay St, San Fernando, CA 91340
      View Details
    • $1,800,000
      5,600 SF

      San Fernando Multifamily Investment Opportunity

      10-unit apartment building in San Fernando with income and upside.
      13277 Maclay St, San Fernando, CA 91340
      View Details
    • $7,546,475
      19,105 SF

      Turnkey Food Processing Facility

      FDA & SQF certified food processing facility for sale.
      2021 1St St, San Fernando, CA 91340
      View Details
    • $5,600,000
      23,660 SF

      San Fernando Warehouse For Sale

      23,660 SF fully occupied warehouse on 0.79 acres.
      651 Arroyo St, San Fernando, CA 91340
      View Details
    • $11,500,000
      34,784 SF

      San Fernando Industrial Property

      Remodeled industrial property with easy freeway access in San Fernando.
      700-710 Jessie St, San Fernando, CA 91340
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      484 SF

      San Fernando Retail Space For Lease

      Prime Retail Space, High Visibility, 484 SF
      11581 Rincon Ave, San Fernando, CA 91340
      View Details
    • $3 SF/Yr
      2,852 SF

      San Fernando Retail Opportunity

      Retail spaces in a newly renovated building with high visibility.
      915 N Maclay Ave, San Fernando, CA 91340
      View Details
    • $1.82 SF/Yr
      83,462 SF

      San Fernando Freestanding Warehouse

      Available for sublease through 2028 in San Fernando.
      1245 Aviation Pl, San Fernando, CA 91340
      View Details
    • $1.65 SF/Yr
      40,000 SF

      Warehouse Distribution Facility Available

      Warehouse with truckwell and ground level doors, sublease possible.
      225 Parkside Dr, San Fernando, CA 91340
      View Details
    • $1.24 SF/Yr
      18,252 SF

      East Valley Manufacturing Warehouse

      Industrial space for rent in East Valley with fenced yard.
      13596 Vaughn St, San Fernando, CA 91340
      View Details
    • $14,000 /Mo

      San Fernando Industrial Warehouse Space

      Industrial warehouse with open space, offices, and parking available for lease.
      661 Arroyo St, San Fernando, CA 91340
      View Details
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    260 Meyer St
    San Fernando, CA 91340-2622
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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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