Add Listing
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

    9401 De Soto Ave Los Angeles, CA 91311

    • Manufacturing properties
    • 145,243 SF
    • 6.68 lot acres
    For Lease
    View listing
    $1.85 SF/Yr
    Last Sale
    Jul 12, 2024
    $41,500,000
    Value Estimations
    $41,500,000
    Cap Rate Potential
    4.1%
    Manufacturing properties
    Location Intelligence
    Property ID
    US09-7422767
    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

    • Biagi Brothers / Warehouse & Storage
    • Biagi de soto / Warehouse & Storage
    • Align Aerospace LLC / Corporate Office / Factory
    • Vida Internationale / Association Or Organization

    Property Details for 9401 De Soto Ave

    Year built
    1983
    Construction
    TILT-UP CONCRETE
    Lot size
    6.68 lot acres
    Property size
    145,243 SF
    Zone code
    LAMR2
    Property type
    Manufacturing properties
    APN
    2746-008-007
    APU
    2746008007

    Value 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

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $43,080,000
      Market price range: $19.4M - $43.1M

    • 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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chatsworth
    County
    Los Angeles
    State
    California
    Longitude
    -118.589
    Latitude
    34.2405
    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
    $392,573
    $16,404,691
    $14,283,017
    $30,687,708
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,495,000
      16,606 SF

      9615 Cozycroft Ave

      MANUFACTURING (LIGHT) • 16,606 SF
      9615 Cozycroft Ave, Chatsworth, CA 91311-5122
      View Details
    • Value Estimation
      $1,850,000
      19,996 SF

      9175 Deering Ave

      MANUFACTURING (LIGHT) • 19,996 SF
      9175 Deering Ave, Chatsworth, CA 91311-5802
      View Details
    • Value Estimation
      $1,935,000
      20,880 SF

      9161 Deering Ave

      MANUFACTURING (LIGHT) • 20,880 SF
      9161 Deering Ave, Chatsworth, CA 91311-5802
      View Details
    • Value Estimation
      $2,205,000
      18,828 SF

      9207 Deering Ave

      MANUFACTURING (LIGHT) • 18,828 SF
      9207 Deering Ave, Chatsworth, CA 91311-6958
      View Details
    • Value Estimation
      $965,000
      6,313 SF

      9743 Eton Ave

      MANUFACTURING (LIGHT) • 6,313 SF
      9743 Eton Ave, Chatsworth, CA 91311-4306
      View Details
    • Value Estimation
      $2,505,000
      19,089 SF

      8955 Fullbright Ave

      MANUFACTURING (LIGHT) • 19,089 SF
      8955 Fullbright Ave, Chatsworth, CA 91311-6124
      View Details

    Similar Nearby for Sale

    • $9,799,000
      33,972 SF

      San Fernando Valley Industrial Facility

      High-quality warehouse with upgraded office space in Chatsworth, California.
      9142 Independence Ave, Chatsworth, CA 91311
      View Details
    • $9,799,000

      San Fernando Valley Industrial Facility

      High-quality warehouse with office space in a prime location.
      9142 Independence Ave, Chatsworth, CA 91311
      View Details
    • $6,984,000
      21,825 SF

      Chatsworth Industrial Property For Sale

      Industrial property in Chatsworth featuring upgraded interior and heavy power.
      9350-9357 Eton Ave, Chatsworth, CA 91311
      View Details
    • $13,275,625
      48,275 SF

      Chatsworth Freestanding Building For Sale

      Freestanding building with office space, heavy power, and parking.
      9621-9631 Irondale Ave, Chatsworth, CA 91311
      View Details

    Similar Nearby for Lease

    • $1.55 SF/Yr

      Chatsworth Industrial Building For Rent

      Industrial building in Chatsworth with heavy power and dock loading.
      9541 Mason Ave, Chatsworth, CA 91311
      View Details
    • Contact for pricing
      16,657 SF

      Chatsworth Industrial Space Available

      Industrial space ideal for warehouse, distribution, or light manufacturing.
      21301-21305 Itasca St, Chatsworth, CA 91311
      View Details
    • $1.24 SF/Yr
      76,421 SF

      Manufacturing Facility with High Power

      76,421 SF manufacturing facility with high power capacity available.
      9540 De Soto Ave, Chatsworth, CA 91311
      View Details
    • $0.79 SF/Yr
      100,400 SF

      Chatsworth Manufacturing Facility Sublease

      Manufacturing facility with heavy power, cranes, and secure yard.
      21325 Superior St, Chatsworth, CA 91311
      View Details
    • $1.70 SF/Yr
      1,868 SF

      Industrial Space with Courtyard Retreat

      Well-maintained industrial space with flexible layout and convenient access.
      9424 Eton Ave, Chatsworth, CA 91311
      View Details
    • $1.10 SF/Yr
      81,573 SF

      Distribution/Manufacturing Facility with Fenced Yard

      Renovated distribution/manufacturing facility featuring a fenced yard and ample power.
      9505-9541 Mason Ave, Chatsworth, CA 91311
      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.
    9401 De Soto Ave
    Los Angeles, CA 91311
    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.
    Sign Up Successful!
    You now have access to more from Realmo!