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    Property profile & analytics

    7007 Washington Ave Whittier, CA 90602-1484

    • Office buildings
    • 36,221 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimations
    $6,055,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6471872
    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

    • Moore & Associates Law Offices / Law Firm
    • Trinity Law Group / Law Firm
    • Guardian Property Management / Property Management Company
    • Elizabeth Sanchez / Marriage Or Relationship Counselor
    • Esmeralda Murga / Marriage Or Relationship Counselor

    Property Details for 7007 Washington Ave

    Year built
    1989
    Construction
    TILT-UP CONCRETE
    Lot size
    0.41 lot acres
    Property size
    36,221 SF
    Zone code
    WHC2UD*
    Property type
    Office buildings
    APN
    8139-021-031
    APU
    8139021031

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,546,000
      Market price range: $7.22M - $17.3M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $9,170,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Whittier
    County
    Los Angeles
    State
    California
    Longitude
    -118.035
    Latitude
    33.9788
    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
    $75,799
    $1,197,765
    $4,145,308
    $5,343,073
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $8,625,000
      32,932 SF

      12463 Putnam St

      PROFESSIONAL BUILDING • 32,932 SF
      12463 Putnam St, Whittier, CA 90602
      View Details
    • Value Estimation
      $985,000
      5,475 SF

      8659 Greenleaf Ave

      OFFICE BUILDING • 5,475 SF
      8659 Greenleaf Ave, Whittier, CA 90602-3230
      View Details
    • Value Estimation
      $1,100,000
      5,178 SF

      7630 Painter Ave

      PROFESSIONAL BUILDING • 5,178 SF
      7630 Painter Ave, Whittier, CA 90602-2373
      View Details
    • Value Estimation
      $1,240,000
      7,616 SF

      7354 Painter Ave

      OFFICE BUILDING • 7,616 SF
      7354 Painter Ave, Whittier, CA 90602-1853
      View Details
    • Value Estimation
      $1,075,000
      4,968 SF

      8039 Painter Ave

      OFFICE BUILDING • 4,968 SF
      8039 Painter Ave, Whittier, CA 90602-2500
      View Details
    • Value Estimation
      $650,000
      1,760 SF

      7721 Painter Ave

      PROFESSIONAL BUILDING • 1,760 SF
      7721 Painter Ave, Whittier, CA 90602-2411
      View Details

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      161,610 SF

      Whittier Industrial Property for Sale

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      Whittier Triplex on Large Lot

      Triplex with strong income potential in desirable Whittier neighborhood.
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      Uptown Whittier Multifamily Investment Opportunity

      8-unit multifamily property in Uptown Whittier, a prime investment location.
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    Similar Nearby for Lease

    • Contact for pricing

      Office Building 100% Leased

      Office building in Whittier, CA, currently 100% leased.
      8022 Painter Ave, Whittier, CA 90602
      View Details
    • Contact for pricing

      Leased Office Building in Whittier

      100% leased office building in Whittier, CA.
      7731 Painter Ave, Whittier, CA 90602
      View Details
    • $11 SF/Yr
      120,000 SF

      Whittier Packing House: Creative Spaces

      Historic Whittier warehouse, flexible suites available.
      12310 Penn St, Whittier, CA 90602
      View Details
    • $1,350 /Mo

      Remodeled Commercial Space Near Uptown

      Move-in ready space near Uptown Whittier and Rodeo 72.
      12604 Penn St, Whittier, CA 90602
      View Details
    • Contact for pricing

      Upstairs Office Space For Rent

      High-image office space with private offices, conference room, and parking.
      7915 Painter Ave, Whittier, CA 90602
      View Details
    • $3,375 /Mo

      Prime Whittier Retail/Office Space

      High-traffic location suitable for office, salon, or small business.
      8031 Greenleaf Ave, Whittier, CA 90602
      View Details
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    7007 Washington Ave
    Whittier, CA 90602-1484
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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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