Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5600 Fresca Dr La Palma, CA 90623-1008
    Back to Search
    Property profile & analytics

    5600 Fresca Dr, La Palma, CA 90623-1008

    View on Map
    • Warehouses
    • 40,500 SF
    • 2.07 lot acres
    Off-Market
    Property ID
    US09-1187816
    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
    $4,645,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 5600 Fresca Dr

    Year built
    1973
    Lot size
    2.07 lot acres
    Property type
    Warehouses
    APN
    276-081-13
    APU
    27608113

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 18, 2016 — Multi-sales Co — Deed · related $3.4M · Bank Of America
    Feb 17, 2005 — Multi-sales Co Dragt Family Grant Deed $2.5M · Bank Of The West
    Oct 28, 2004 — Dragt Vernon W & Lavon N Trust Dragt V W & L N Trust Quit Claim Deed · related —
    Oct 27, 2004 — Dragt Family Dragt V W & L N Trust Quit Claim Deed · related —
    Oct 22, 2004 — Dragt Vernon W & Lavon N Trust Dragt,vernon W Affidavit Of Death · related —
    — — Dragt Trust — Deed Of Trust · related $612k · Farmers & Merchants Bk Ctrl Ca
    — — Vernon W Dragt — Deed Of Trust · related $750k · Farmers & Merchants Bk Lng Bch
    — — Multi-sales Co — Deed Of Trust · related $3.4M · Bank Of America
    — — Multi-sales Co — Deed Of Trust · related $1.8M · Bank Of America

    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
    La Palma
    County
    Orange
    State
    California
    Longitude
    -118.035
    Latitude
    33.8621
    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
    $48,078
    $2,562,355
    $1,639,895
    $4,202,250
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,770,000
      418,740 SF

      6565 Vly Vw St

      WAREHOUSE, STORAGE
      6565 Vly Vw St, La Palma, CA 90623-1060
      View Details
    • Value Estimation
      $3,820,000
      22,888 SF

      6811 Walker St

      WAREHOUSE, STORAGE
      6811 Walker St, La Palma, CA 90623-1020
      View Details
    • Value Estimation
      $30,320,000
      297,639 SF

      14000 183rd St

      WAREHOUSE, STORAGE
      14000 183rd St, La Palma, CA 90623-1010
      View Details
    • Value Estimation
      $3,375,000
      32,016 SF

      6911 Marlin Cir

      WAREHOUSE, STORAGE
      6911 Marlin Cir, La Palma, CA 90623-1018
      View Details
    • Value Estimation
      $9,260,000
      57,032 SF

      5572 Fresca Dr

      WAREHOUSE, STORAGE
      5572 Fresca Dr, La Palma, CA 90623-1007
      View Details
    • Value Estimation by Request
      0.08 Acres

      La Palma, CA 90623

      INDUSTRIAL (GENERAL)
      La Palma, CA 90623
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      54,129 SF

      Freeway-Adjacent Office/Flex User Opportunity

      High-image office/flex building with user flexibility and freeway access.
      18 Centerpointe Dr, La Palma, CA 90623
      View Details
    • Contact for pricing
      78,980 SF

      La Palma Industrial/Office Property

      78,980 SF industrial/office building with 2-story office space.
      14 Centerpointe Dr, La Palma, CA 90623
      View Details
    • Contact for pricing
      56,175 SF

      La Palma Office/Flex Opportunity

      Stabilized office/flex property in a campus setting with cash flow.
      20 Centerpointe Dr, La Palma, CA 90623
      View Details
    • Contact for pricing

      Retail/Office Space in La Palma

      Retail or office space available in Centerpointe Campus.
      10 Centerpointe Dr, La Palma, CA 90623
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      424,285 SF

      La Palma Industrial Property

      Industrial property with rail access in La Palma, CA.
      6565 Valley View St, La Palma, CA 90623
      View Details
    • Contact for pricing
      Pending

      14 Centerpointe Dr., La Palma, CA 90623

      Flex space
      14 Centerpointe Dr, La Palma, CA 90623
      View Details
    • Sponsored
      Contact for pricing

      Centerpointe

      Discover many ways to work your way in Centerpointe
      6 Centerpointe Dr, La Palma, CA 90623
      View Details
    • Contact for pricing

      La Palma Office Space Available

      Centrally located workspace with stunning views and energy efficiency.
      6 Centerpointe Dr, La Palma, CA 90623
      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.
    5600 Fresca Dr
    La Palma, CA 90623-1008
    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
    5600 Fresca Dr, La Palma, CA, 90623
    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!