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Property profile & analytics
FOR LEASE
Manufacturing properties
7343 Pierce Ave Whittier, CA 90602
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8252809
For Lease
1 / 6
$2,330,000
7343 Pierce Ave, Whittier, CA 90602
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1948
Construction
TILT-UP CONCRETE
Total area
13,873 SF
Lot
1.04 ac (45,336 SF)
Zoning code
WHM2*
APN
8141-002-002
UPID
US09-8252809
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
-
Mar Vista vs Whittier Trail Hiking Area
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.33M
CAP Approach
CAP
$2.50M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.33M
Owner & transaction history
Pierce Ave LLC · 4 yrs held
Pierce Ave LLC
since 2021
Last sale
$2.4M
6 recorded transactions
Zoning & alternative use
WHM2* · Whittier, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Whittier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whittier 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
$2,285,000
ML approach
$2,325,000
CAP Approach
CAP Return
Estimation
6%
$2,700,000
6.5%
$2,495,000
7%
$2,315,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,510,000
Current use
Blend value · Realmo final
$2.33M
Range $2.10M – $2.56M · ±10% · vs last sale $2.35M (Dec 23 2021)
Last sale anchor
$2.35M
Dec 23 2021
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
$168 / 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
$39,444
Tax year 2024
Assessed value
$3,173,220
Assessed 2024
Previous assessed
$3,173,220
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$2,080,800
Assessed improvement
$1,092,420
Applied tax rate
9.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Stories
1
Total area
13,873 SF
Lot
1.04 ac (45,336 SF)
Zoning code
WHM2*
APN
8141-002-002
UPID
US09-8252809
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WHM2* · Whittier, CA
Zoning WHM2* · permitted uses
WHM2* · Whittier, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Whittier. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.5M
INDUSTRIAL (GENERAL) Current
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
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
3
Lot
1.04 ac
Current owner
From public records · entity-resolved
Pierce Ave LLC
Entity
Mailing address
PO BOX 4976, JACKSON, WY 83001-4976
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
$2,352,500
Pierce Ave LLC
Stephen M Paquette
Grant Deed
—
Jan 11, 2010
—
Paquette Family Trust
Paquette,stephen M & Karen J
Quit Claim Deed
related
—
Jan 6, 2010
—
Stephen M Paquette
Mar Vista Moulding INC
Quit Claim Deed
related
—
Dec 28, 1995
$350,000
Mar Vista Moulding INC
Paquette Trust
Grant Deed
—
Jun 27, 1995
—
Paquette,rita Trustee
J,& M Land
Trustees Deed
related
—
—
—
Rita Paquette
—
Deed Of Trust
related
$1,000 · Individual
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?”
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