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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7029 Paramount Blvd Pico Rivera, CA 90660-3709

    • Warehouses
    • 14,935 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimations
    $1,280,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8135107
    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

    • Damar Worldwide 21 LLC / Big Box & Wholesale Store / Building Supply

    Property Details for 7029 Paramount Blvd

    Year built
    1960
    Construction
    TILT-UP CONCRETE
    Lot size
    0.84 lot acres
    Property size
    14,935 SF
    Zone code
    PRIG*
    Property type
    Warehouses
    APN
    6369-002-007
    APU
    6369002007

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,347,000
      Market price range: $1.35M - $5.32M

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

    Location Insight

    • Map
    • Local Demand
    City
    Pico Rivera
    County
    Los Angeles
    State
    California
    Longitude
    -118.106
    Latitude
    33.9867
    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
    $7,742
    $136,017
    $172,798
    $308,815
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3.72 Acres

      5201-5211 Paramount Blvd

      Distribution properties • 10,000 SF
      5201-5211 Paramount Blvd, Pico Rivera, CA 90660
      View Details
    • Value Estimation
      $1,300,000
      11,788 SF

      8230 Industry Ave

      WAREHOUSE, STORAGE • 11,788 SF
      8230 Industry Ave, Pico Rivera, CA 90660-4828
      View Details
    • Value Estimation
      $9,750,000
      62,103 SF

      7919 Paramount Blvd

      WAREHOUSE, STORAGE • 62,103 SF
      7919 Paramount Blvd, Pico Rivera, CA 90660-4809
      View Details
    • Value Estimation
      $2,050,000
      21,317 SF

      7317 Paramount Blvd

      WAREHOUSE, STORAGE • 21,317 SF
      7317 Paramount Blvd, Pico Rivera, CA 90660-3713
      View Details
    • Value Estimation
      $3,130,000
      18,962 SF

      7305 Paramount Blvd

      WAREHOUSE, STORAGE • 18,962 SF
      7305 Paramount Blvd, Pico Rivera, CA 90660-3713
      View Details
    • Value Estimation
      $27,295,000
      324,120 SF

      8500 Rex Rd

      WAREHOUSE, STORAGE • 324,120 SF
      8500 Rex Rd, Pico Rivera, CA 90660-3779
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3.72 Acres

      Paramount Blvd Industrial Property

      10,000 SF Warehouse, Office Space, 3.72 Acres
      5201-5211 Paramount Blvd, Pico Rivera, CA 90660
      View Details
    • Contact for pricing
      31,236 SF

      Industrial Property with Secured Yard

      Industrial buildings with large, fenced, secured yard for sale.
      8226 Whittier Blvd, Pico Rivera, CA 90660
      View Details
    • Contact for pricing
      18,560 SF

      Industrial Building Near Freeway

      Industrial building featuring office space, multiple doors, and fenced yard.
      7711 Paramount Blvd, Pico Rivera, CA 90660
      View Details
    • Contact for pricing
      6,341 SF

      Pico Rivera Warehouse For Sale

      Industrial warehouse with great freeway access and building signage.
      8331 Slauson Ave, Pico Rivera, CA 90660
      View Details
    • $9,250,000
      24,484 SF

      Pico Rivera Cold Storage Facility

      24,484 SF cold storage/food processing facility with modern amenities.
      8252 Whittier Blvd, Pico Rivera, CA 90660
      View Details
    • $2,100,000

      Pico Rivera Manufacturing/Industrial Building

      10,125 SF building with freezer/cooler space on 21,000 SF land.
      7744 Industry Ave, Pico Rivera, CA 90660
      View Details

    Similar Nearby for Lease

    • $0.50 SF/Yr
      10,000 SF

      Paramount Blvd Industrial Warehouse

      10,000 SF Warehouse, 3.72 Acres
      5201-5211 Paramount Blvd, Pico Rivera, CA 90660
      View Details
    • Contact for pricing
      33,368 SF

      Pico Rivera Warehouse Space

      33,368 SF warehouse with large yard and freeway access.
      8455 Loch Lomond Dr, Pico Rivera, CA 90660
      View Details
    • Contact for pricing
      10,000 SF

      Industrial Building in Pico Rivera

      18,962 SF industrial building with office space for lease.
      7305 Paramount Blvd, Pico Rivera, CA 90660
      View Details
    • $1.35 SF/Yr
      43,006 SF

      Pico Rivera Warehouse For Rent

      43,006 SF warehouse suitable for manufacturing or distribution.
      8570-8610 Mercury Ln, Pico Rivera, CA 90660
      View Details
    • Contact for pricing
      12,750 SF

      Freestanding Building with Fenced Yard

      Industrial building featuring upgraded office space and fenced yard.
      9041 Bermudez St, Pico Rivera, CA 90660
      View Details
    • Contact for pricing
      60,490 SF

      Pico Rivera Manufacturing Building

      Manufacturing building with frontage on Slauson Avenue, near the 5 Freeway.
      8401 Slauson Ave, Pico Rivera, CA 90660
      View Details
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    7029 Paramount Blvd
    Pico Rivera, CA 90660-3709
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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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