Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3620 Briggeman Dr, Unit 1 Los Alamitos, CA 90720-2487
    Back to Search
    Property profile & analytics

    3620 Briggeman Dr, Unit 1 Los Alamitos, CA 90720-2487

    View on Map
    • Industrial properties
    Off-Market
    Last Sale Apr 9, 2025
    $2,000,000
    Property ID
    US09-2585031
    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
    $2,000,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Island World Apparel Corp. / Industrial Manufacturer / Production Facility

    Property Details for 3620 Briggeman Dr

    Property type
    Industrial properties
    APN
    932-571-42
    APU
    93257142

    Description

    This exceptional 6,728-square-foot freestanding industrial warehouse, built in 2007, presents a compelling investment opportunity in the highly desirable West Orange County market of Los Alamitos, CA (90720). The property boasts a substantial 1,500 square feet of office space and an additional 780 square feet of mezzanine storage, maximizing functionality and versatility. The warehouse features impressive 19- to 21-foot clear ceiling heights, allowing for efficient storage and operations. Access is provided by one ground-level door measuring 12 feet wide by 14 feet high. The building is equipped with a sprinkler system (.17 gpm per sq ft) and includes two restrooms and a kitchenette. Electrical service is 400 amps (120/208v) - verification recommended. Its strategic location offers unparalleled access to major transportation arteries, including the 605, 405, and 22 freeways, as well as the Ports of Long Beach and Los Angeles, ensuring seamless logistics and distribution. The asking price is $3,195,800, translating to $475 per square foot. This property represents a rare combination of size, functionality, and location, making it an ideal acquisition for discerning investors and businesses seeking a premium industrial space in a thriving market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Alamitos
    County
    Orange
    State
    California
    Longitude
    -118.07
    Latitude
    33.8081
    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
    $16,824
    $611,587
    $770,071
    $1,381,658
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      4411 Katella Ave

      INDUSTRIAL (GENERAL)
      4411 Katella Ave, Los Alamitos, CA 90720-3514
      View Details
    • Value Estimation by Request

      4411 Katella Ave

      INDUSTRIAL (GENERAL)
      4411 Katella Ave, Los Alamitos, CA 90720-3514
      View Details
    • Value Estimation by Request
      2.15 Acres

      10722 Reagan St

      INDUSTRIAL (GENERAL) • 2.15 Acres
      10722 Reagan St, Los Alamitos, CA 90720-2431
      View Details
    • Value Estimation
      $8,945,000
      86,422 SF

      10621 Bloomfield St

      INDUSTRIAL (GENERAL) • 86,422 SF
      10621 Bloomfield St, Los Alamitos, CA 90720-2528
      View Details
    • Value Estimation
      $2,820,000
      20,954 SF

      10521 Humbolt St

      INDUSTRIAL (GENERAL) • 20,954 SF
      10521 Humbolt St, Los Alamitos, CA 90720-5401
      View Details
    • Value Estimation by Request
      20,000 SF

      10443 Los Alamitos Blvd

      Life science properties • 20,000 SF
      10443 Los Alamitos Blvd, Los Alamitos, CA 90720
      View Details

    Similar Nearby for Sale

    • $2,475,000
      5,500 SF

      Los Alamitos Industrial Condo

      Industrial condo featuring two grade-level doors and food preparation capabilities.
      10752 Noel St, Los Alamitos, CA 90720
      View Details
    • $2,859,500
      6,020 SF

      Los Alamitos Flex/Industrial Property

      6,020 SF flex/industrial property in Los Alamitos, CA.
      10602 Humbolt St, Los Alamitos, CA 90720
      View Details
    • $2,350,000

      Los Alamitos Multifamily Investment Opportunity

      Five-unit residential property in a desirable Los Alamitos location.
      3671 Farquhar Ave, Los Alamitos, CA 90720
      View Details
    • $1,700,000
      3,039 SF

      Los Alamitos Triplex with Garages

      Multi-family 3-unit property in desirable Los Alamitos.
      10921 Walnut St, Los Alamitos, CA 90720
      View Details
    • $1,700,000

      Los Alamitos Multifamily Investment Opportunity

      Three-unit property with rental upside in Los Alamitos, California.
      10861 Walnut St, Los Alamitos, CA 90720
      View Details
    • $1,870,000
      2,548 SF

      Los Alamitos Triplex with Upgrades

      Well-maintained triplex in Los Alamitos with ADU potential.
      4411 Farquhar Ave, Los Alamitos, CA 90720
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      865 SF

      Los Alamitos Industrial Property

      Industrial property in Los Alamitos, CA, currently 100% leased.
      3371-3385 Los Alamitos Blvd, Los Alamitos, CA 90720
      View Details
    • Contact for pricing

      Industrial Property in Los Alamitos

      Leased industrial property located in Los Alamitos, California.
      10611 Calle Lee, Los Alamitos, CA 90720
      View Details
    • Contact for pricing
      1,757 SF

      Los Alamitos Industrial Flex Space

      Class A industrial business park with office and warehouse space.
      10541 Calle Lee, Los Alamitos, CA 90720
      View Details
    • Contact for pricing
      1,494 SF

      Los Alamitos Warehouse Space Available

      Multi-tenant building with warehouse and office space for rent.
      10572 Calle Lee, Los Alamitos, CA 90720
      View Details
    • Contact for pricing
      6,729 SF

      Los Alamitos Warehouse and Office

      Office and warehouse space in Humbolt Business Park.
      10549 Humbolt St, Los Alamitos, CA 90720
      View Details
    • $22 SF/Yr
      42,381 SF

      Los Alamitos Corporate Center Suites

      Prime Orange County Office/Flex/Warehouse Space
      0 4380–4478 Cerritos Ave, Los Alamitos, CA 90720
      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.
    3620 Briggeman Dr, Unit 1
    Los Alamitos, CA 90720-2487
    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
    3620 Briggeman Dr, Los Alamitos, CA, 90720
    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!