Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4502 Pacific Way Los Angeles, CA 90040

    • Manufacturing properties
    • 1,736 SF
    • 0.05 lot acres
    OFF-MARKET
    Last Sale
    Jul 16, 2024
    $525,000
    Value Estimations
    $525,000
    Show details
    Cap Rate Potential
    4.1%
    Manufacturing properties
    Location Intelligence
    Property ID
    US09-8092261
    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

    • Manufacturing properties

    Property Details for 4502 Pacific Way

    Year built
    1946
    Construction
    WOOD
    Lot size
    0.05 lot acres
    Property size
    1,736 SF
    Zone code
    CMM2*
    Property type
    Manufacturing properties
    APN
    5243-003-038
    APU
    5243003038

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $525,000
      ML approach
      $525,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $360,000
      6.5%
      $330,000
      7%
      $310,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $527,000
      Market price range: $349k - $527k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $430,000
      Current use
      OFFICE BUILDING
      $870,000
      Change: +102% Conversion: Difficult
      MEDICAL BUILDING
      $790,000
      Change: +83% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $735,000
      Change: +70% Conversion: Difficult
      RETAIL STORES
      $715,000
      Change: +65% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $520,000
      Change: +21% Conversion: Difficult
      WAREHOUSE, STORAGE
      $460,000
      Change: +6% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.178
    Latitude
    34.0059
    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
    $4,115
    $131,342
    $158,927
    $290,269
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $16,710,000
      152,946 SF

      6001 Eastern Ave

      HEAVY MANUFACTURING • 152,946 SF
      6001 Eastern Ave, Commerce, CA 90040-3413
      View Details
    • Value Estimation
      $4,730,000
      43,685 SF

      2600 Eastern Ave

      MANUFACTURING (LIGHT) • 43,685 SF
      2600 Eastern Ave, Commerce, CA 90040-1402
      View Details
    • Value Estimation
      $20,560,000
      199,646 SF

      6453 Bandini Blvd

      HEAVY MANUFACTURING • 199,646 SF
      6453 Bandini Blvd, Commerce, CA 90040-3117
      View Details
    • Value Estimation
      $6,620,000
      62,248 SF

      5930 Bandini Blvd

      MANUFACTURING (LIGHT) • 62,248 SF
      5930 Bandini Blvd, Commerce, CA 90040-2903
      View Details
    • Value Estimation
      $8,625,000
      82,761 SF

      7344 Bandini Blvd

      HEAVY MANUFACTURING • 82,761 SF
      7344 Bandini Blvd, Commerce, CA 90040-3323
      View Details
    • Value Estimation
      $5,190,000
      46,800 SF

      3020 Supply Ave

      HEAVY MANUFACTURING • 46,800 SF
      3020 Supply Ave, Commerce, CA 90040-2710
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Food Processing Facility For Sale

      Free-standing building with coolers, office space, and food processing features.
      5830 Triangle Dr, Commerce, CA 90040
      View Details
    • $13,000,000
      40,024 SF

      Freestanding Industrial Building in Commerce

      40,110 SF industrial building on 72,571 SF parcel.
      Garfield Ave, Commerce, CA 90040
      View Details
    • $995,000
      3,750 SF

      2160 Atlantic St, Commerce, CA 90040

      Industrial properties • 3,750 SF
      2160 Atlantic St, Commerce, CA 90040
      View Details
    • $6,811,000
      24,500 SF

      Commerce Warehouse with Dock High

      24,500 SF warehouse featuring dock high positions and ample power.
      2060 Garfield Ave, Commerce, CA 90040
      View Details
    • $2,350,000
      8,713 SF

      Industrial Buildings Near Freeways

      Two industrial buildings with a yard, suitable for owner-user.
      5301-5309 Sheila St, Commerce, CA 90040
      View Details
    • $8,500,000
      26,615 SF

      Well-Maintained Industrial Structures For Sale

      Clean, well-maintained industrial property in a prime Commerce location.
      5519 Jillson St, Commerce, CA 90040
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr
      23,500 SF

      Versatile Warehouse with Covered Storage

      Warehouse with covered storage and potential for expansion.
      4611 Sheila St, Los Angeles, CA 90040
      View Details
    • $1.40 SF/Yr
      6,575 SF

      Warehouse/Manufacturing Space For Rent

      Small warehouse/light manufacturing space with refurbishment in progress.
      6800-6802 E Acco St, Commerce, CA 90040
      View Details
    • Contact for pricing
      159,394 SF

      Commerce Warehouse with High Power

      Large warehouse space with multiple loading docks and high power.
      6120-6140 Peachtree St, Commerce, CA 90040
      View Details
    • $171 SF/Yr
      39,873 SF

      Manufacturing Facility in Opportunity Zone

      Manufacturing facility with high ceilings and heavy power in Commerce.
      6155 South Eastern Ave, Los Angeles, CA 90040
      View Details
    • $1.15 SF/Yr
      159,394 SF

      Commerce Warehouse and Manufacturing Space

      Large industrial space suitable for warehouse or manufacturing use.
      6100-6194 Peachtree St, Commerce, CA 90040
      View Details
    • Contact for pricing
      11,129 SF

      New Lab Space Available

      Brand new lab space with clean rooms and safety hoods.
      5400 Jillson St, Commerce, CA 90040
      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.
    4502 Pacific Way
    Los Angeles, CA 90040
    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

    Google sign-in failed. Please try again or use another login method.