Back to Search
Property profile & analytics
FOR LEASE
Manufacturing properties
9401 De Soto Ave Los Angeles, CA 91311
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7422767
For Lease
1 / 4
$41,500,000
9401 De Soto Ave, Los Angeles, CA 91311
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1983
Construction
TILT-UP CONCRETE
Total area
145,243 SF
Lot
6.68 ac (291,038 SF)
Zoning code
LAMR2
APN
2746-008-007
UPID
US09-7422767
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
-
Biagi Brothers Warehouse & Storage
-
Biagi de soto Warehouse & Storage
-
Align Aerospace LLC Corporate Office Factory
-
Vida Internationale Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$41.50M
CAP Approach
CAP
$26.12M
Comparable Approach
Comparable
$43.08M
Blend (final)
Blend
$41.50M
Owner & transaction history
9401 De Soto Property LLC · 2 yrs held
9401 De Soto Property LLC
since 2024
Last sale
$41.5M
7 recorded transactions
Zoning & alternative use
LAMR2 · Chatsworth, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$67.2M
+101.5%
Medical building
$66.0M
+98.0%
Retail stores
$55.7M
+67.0%
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 Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles 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
$41,500,000
ML approach
$41,500,000
CAP Approach
CAP Return
Estimation
6%
$28,290,000
6.5%
$26,115,000
7%
$24,245,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$33,340,000
Current use
AUTO REPAIR, GARAGE
$67,180,000
Change: +101% · Conversion: Easy
MEDICAL BUILDING
$66,025,000
Change: +98% · Conversion: Difficult
RETAIL STORES
$55,665,000
Change: +67% · Conversion: Moderate
OFFICE BUILDING
$46,425,000
Change: +39% · Conversion: Difficult
COMMERCIAL (GENERAL)
$44,875,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$41.50M
Range $37.35M – $45.65M · ±10% · vs last sale $41.50M (Jul 12 2024)
Last sale anchor
$41.50M
Jul 12 2024
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
$286 / 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
$392,573
Tax year 2024
Assessed value
$30,687,708
Assessed 2024
Previous assessed
$30,687,708
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$16,404,691
Assessed improvement
$14,283,017
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
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
145,243 SF
Lot
6.68 ac (291,038 SF)
Zoning code
LAMR2
APN
2746-008-007
UPID
US09-7422767
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAMR2 · Chatsworth, CA
Zoning LAMR2 · permitted uses
LAMR2 · Chatsworth, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chatsworth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$33.3M
AUTO REPAIR, GARAGE
Est. value
$67.2M
MEDICAL BUILDING
Est. value
$66.0M
RETAIL STORES
Est. value
$55.7M
OFFICE BUILDING
Est. value
$46.4M
COMMERCIAL (GENERAL)
Est. value
$44.9M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
6.68 ac
Current owner
From public records · entity-resolved
9401 De Soto Property LLC
Entity
Mailing address
2000 NW AVE OF THE STARS ST STE #1020, LOS ANGELES, CA 90067-4710
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 2, 2024
—
9401 De Soto Property LLC
—
Deed
related
$29,000,000 · Qr Us Finance Reit LLC
Jul 12, 2024
$41,500,000
9401 De Soto Property LLC
Nbp 9401 De Soto LLC
Grant Deed
—
Dec 20, 2018
—
Nbp 9401 De Soto LLC
Nbp 9401 De Soto LLC
Quit Claim Deed
related
—
Aug 16, 2018
—
Nbp 9401 De Soto LLC
—
Deed
related
$17,000,000 · Keybank USA
Nov 2, 2017
$23,000,000
Pdx 9401 De Soto LLC
Rexford Industrial Realty LP
Grant Deed
—
Mar 18, 2015
$14,075,000
Rexford Industrial Realty LP
9401 De Soto LLC
Grant Deed
—
Sep 23, 2008
—
9401 De Soto LLC
Vas Desoto LLC
Grant Deed
—
Dec 19, 2002
—
Vast Desoto LLC
Specialty Merchandise Corp
Grant Deed
$7,878,000 · City National Bank
—
—
Vast Desoto LLC
—
Deed Of Trust
related
$11,655,000 · City National Bank
—
—
Nbp 9401 De Soto LLC
—
Deed Of Trust
related
$17,000,000 · Keybank USA
—
—
Vast Desoto LLC
—
Deed Of Trust
related
$875,000 · City National Bank
—
—
Vast Desoto LLC
—
Deed Of Trust
related
$1,875,000 · City National Bank
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?”
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.
