New search
Property profile & analytics
OFF-MARKET
Estimated value
$16,065,000
Industrial properties
5630 Cerritos Ave, Cypress, CA 90630-4738
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1916274
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1989
Total area
64,208 SF
Lot
3.55 ac (154,839 SF)
APN
241-111-28
UPID
US09-1916274
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dr. Apinya B. Vutikullird, DO Pediatrician Physician
-
Dr. Chiraag S. Patel, MD Physician
-
Apinya Vutikullird Pediatrician Physician
-
Altasciences LA Research Institute Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.55M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.07M
Owner & transaction history
Rexford Industrial Realty LP · 2 yrs held
Rexford Industrial Realty LP
since 2023
Last sale
$21.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$26.0M
+25.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cypress submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cypress submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$16,820,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,505,000
6.5%
$11,545,000
7%
$10,720,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$20,715,000
Current use
APARTMENT HOUSE (5+ UNITS)
$26,000,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$16.07M
Range $14.46M – $17.67M · ±10% · vs last sale $21.35M (Jul 14 2023)
Last sale anchor
$21.35M
Jul 14 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$250 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$243,852
Tax year 2024
Assessed value
$21,350,000
Assessed 2024
Previous assessed
$21,350,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$17,654,994
Assessed improvement
$3,695,006
Applied tax rate
19.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1989
Heating
NONE
Total area
64,208 SF
Lot
3.55 ac (154,839 SF)
APN
241-111-28
UPID
US09-1916274
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$20.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$26.0M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Lot
3.55 ac
Current owner
From public records · entity-resolved
Rexford Industrial Realty LP
Entity
Mailing address
11620 WILSHIRE BLVD FL, LOS ANGELES, CA 90025-1706
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2023
$21,350,000
Rexford Industrial Realty LP
Psip Cerritos Avenue LP
Grant Deed
—
Dec 24, 2020
—
Psip Cerritos Avenue LP
—
Deed
related
$8,187,500 · California Bk&tr
Sep 22, 2020
$15,550,000
Psip Cerritos Avenue LP
Davies-torrance Trust
Grant Deed
—
Dec 27, 2019
—
Owner Name Unavailable
Ama Torrance
Affidavit Of Death
related
—
May 11, 2012
—
C J David Davies
Howard Building LLC
Grant Deed
$7,755,000 · Us Bank NA
Jul 14, 2006
—
Howard Building LLC
Laro Properties LP
Grant Deed
$7,360,000 · Wells Fargo Bank NA
Dec 23, 1988
—
Naltec Inv Corp
Oma Cypress Prop
Grant Deed
related
—
—
—
Naltec Investment Corp
—
Deed Of Trust
related
$4,000,000 · Taipeibank
—
—
Naltec Inv Corp
—
Deed Of Trust
related
$2,000,000 · Bank Of Canton
—
—
Naltec Investment Corp
—
Deed Of Trust
related
$900,000 · Taipeibank
—
—
Howard Building LLC
—
Deed Of Trust
related
$1,439,000 · Cdc Small Business Finance Co
—
—
Psip Cerritos Avenue LP
—
Deed Of Trust
related
$8,187,500 · California Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5630 Cerritos Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
