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

    7246 Rosemead Blvd Pico Rivera, CA 90660-4010

    • Assisted living facilities
    • 30,144 SF
    • 3.03 lot acres
    OFF-MARKET
    Last Sale
    Aug 04, 2024
    $5,071,500
    Value Estimations
    $5,040,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6257157
    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

    • Colonial Gardens Nursing Home / Assisted Living Facility / Nursing Home
    • CHRISTINA ROJAS-FLETES / Nurse Practitioner

    Property Details for 7246 Rosemead Blvd

    Year built
    1917
    Construction
    WOOD
    Lot size
    3.03 lot acres
    Property size
    30,144 SF
    Zone code
    PRRM*
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    6381-014-011
    APU
    6381014011

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,977,000
      Market price range: $4.98M - $12.5M

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $8,325,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Pico Rivera
    County
    Los Angeles
    State
    California
    Longitude
    -118.099
    Latitude
    33.9789
    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
    $45,894
    $786,082
    $1,456,086
    $2,242,168
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $610,000
      29,394 SF

      8203 Telegraph Rd

      HOMES (RETIRED, NURSING) • 29,394 SF
      8203 Telegraph Rd, Pico Rivera, CA 90660-4905
      View Details
    • Value Estimation
      $1,020,000
      17,066 SF

      8925 Mines Ave

      HOMES (RETIRED, NURSING) • 17,066 SF
      8925 Mines Ave, Pico Rivera, CA 90660-3006
      View Details
    • Value Estimation
      $1,420,000
      57,250 SF

      9036 Washington Blvd

      HOMES (RETIRED, NURSING) • 57,250 SF
      9036 Washington Blvd, Pico Rivera, CA 90660-3873
      View Details
    • Value Estimation
      $780,000
      44,886 SF

      6525 Rosemead Blvd

      HOMES (RETIRED, NURSING) • 44,886 SF
      6525 Rosemead Blvd, Pico Rivera, CA 90660-3501
      View Details
    • Value Estimation
      $6,480,000
      22,245 SF

      9140 Verner St

      HOSPITAL - PRIVATE • 22,245 SF
      9140 Verner St, Pico Rivera, CA 90660-2741
      View Details
    • Value Estimation
      $590,000
      2,460 SF

      8247 Whittier Blvd

      MEDICAL BUILDING • 2,460 SF
      8247 Whittier Blvd, Pico Rivera, CA 90660-2527
      View Details

    Similar Nearby for Sale

    • $1,975,000

      Retail Stores on Whittier Blvd

      Retail stores in high traffic area on Whittier Blvd.
      9227 Whittier Blvd, Pico Rivera, CA 90660
      View Details
    • $2,550,000
      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
    • $500,000

      Pico Rivera Land For Sale

      Land available for sale in Pico Rivera, California.
      O, Pico Rivera, CA 90660
      View Details
    • $150,000

      Retail Opportunity in Pico Rivera

      Freestanding market site with high visibility and traffic.
      9621 Kruse Rd, Pico Rivera, CA 90660
      View Details
    • $700,000
      199,256.51 Acres

      Vacant Land in Pico Rivera

      4+ acre vacant land parcel in Los Angeles County.
      San Gabriel River Pkwy, Pico Rivera, CA 90660
      View Details
    • $580,000

      Pico Rivera Condo with Pool

      Spacious 2-bedroom condo in gated community with resort-style amenities.
      8939 Gallatin Rd, Pico Rivera, CA 90660
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,750 SF

      Prime Medical Office Space in Culver City

      1,750 SF Available in High-Traffic Center
      8921 Washington Blvd, Pico Rivera, CA 90660
      View Details
    • Contact for pricing
      4,226 SF

      Rosemead Blvd Medical Office Space

      Pico Rivera medical/retail opportunity.
      6730 Rosemead Blvd, Pico Rivera, CA 90660
      View Details
    • $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
    • $36 SF/Yr
      6,608 SF

      Pico Rivera Retail Spaces

      Prime retail/office space near Northgate Market.
      9125-9133 Telegraph Rd, Pico Rivera, CA 90660
      View Details
    • $0.45 SF/Yr
      13,352 SF

      Commercial Land Available For Rent

      13,352 SF commercial land with convenient freeway access.
      9219 Telegraph Rd, 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
    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.
    7246 Rosemead Blvd
    Pico Rivera, CA 90660-4010
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.