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

    9829 La Serna Dr Whittier, CA 90605-1807

    • Turn key restaurants
    • 9,244 SF
    • 0.51 lot acres
    OFF-MARKET
    Last Sale
    Aug 02, 2023
    $6,900,000
    Value Estimations
    $6,900,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2285358
    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

    • Centro by New Home Co. / Real Estate Agency

    Property Details for 9829 La Serna Dr

    Year built
    1978
    Lot size
    0.51 lot acres
    Property size
    9,244 SF
    Zone code
    WHC2
    Property type
    Turn key restaurants
    APN
    8224-017-023
    APU
    8224017023

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,865,000
      ML approach
      $6,945,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $4,560,000
      Current use
      MEDICAL BUILDING
      $4,200,000
      Change: -8% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Whittier
    County
    Los Angeles
    State
    California
    Longitude
    -118.003
    Latitude
    33.9488
    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
    2023
    $12,936
    $1,098,480
    $0.00
    $1,098,480
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,885 SF

      14244 Whittier Blvd

      RESTAURANT • 1,885 SF
      14244 Whittier Blvd, Whittier, CA 90605-2101
      View Details
    • Value Estimation
      $1,025,000
      3,525 SF

      13515 Whittier Blvd

      RESTAURANT • 3,525 SF
      13515 Whittier Blvd, Whittier, CA 90605-1935
      View Details
    • Value Estimation by Request
      2,395 SF

      9719 Carmenita Rd

      RESTAURANT • 2,395 SF
      9719 Carmenita Rd, Whittier, CA 90605-3248
      View Details
    • Value Estimation by Request
      2,131 SF

      14323 Whittier Blvd

      RESTAURANT • 2,131 SF
      14323 Whittier Blvd, Whittier, CA 90605-2104
      View Details
    • Value Estimation
      $1,435,000
      1,800 SF

      13321 Imperial Hwy

      RESTAURANT • 1,800 SF
      13321 Imperial Hwy, Whittier, CA 90605
      View Details
    • Value Estimation by Request
      2,472 SF

      14215 Whittier Blvd

      RESTAURANT • 2,472 SF
      14215 Whittier Blvd, Whittier, CA 90605-2102
      View Details

    Similar Nearby for Sale

    • $1,250,000

      Free-Standing Building in Whittier

      Free-standing building with parking, kitchen hood, and yard storage.
      13746 Meyer Rd, Whittier, CA 90605
      View Details
    • $1,698,000
      4,015 SF

      Versatile Commercial Property on Corner Lot

      Commercial property with store area, offices, and parking.
      11810 Carmenita Rd, Whittier, CA 90605
      View Details
    • $350,000

      Auto Repair Business Opportunity

      Established auto repair business and property for sale in Whittier.
      13264 Meyer Rd, Whittier, CA 90605
      View Details
    • $1,950,000
      2,160 SF

      Whittier Auto Repair Business Opportunity

      Established auto repair business and property for sale in Whittier.
      13264 Meyer Rd, Whittier, CA 90605
      View Details
    • $6,083,000
      5,600 SF

      Retail Property on Whittier Boulevard

      Retail property on a signalized corner with high traffic volume.
      14249 Whittier Blvd, Whittier, CA 90605
      View Details
    • Contact for pricing
      1,600 SF

      Whittier Office Space: 1600 sq ft

      Prime Whittier office, high visibility, ample parking.
      9209 Rd Unit 101, Whittier, CA 90605
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,780 SF

      Retail Space Near Starbucks

      Retail space available next to a Starbucks drive-thru.
      13473 Telegraph Rd, Whittier, CA 90605
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Whittier, CA

      Retail space for lease with open floor plan and parking.
      9209 Colima Rd, Whittier, CA 90605
      View Details
    • Contact for pricing
      6,000 SF

      Retail Pad Available For Rent

      Retail pad available for rent, build to suit opportunity.
      13435 Telegraph Rd, Whittier, CA 90605
      View Details
    • Contact for pricing
      1,293 SF

      Retail Space Available For Rent

      End cap retail space available for rent.
      13401-13409 Lambert Rd, Whittier, CA 90605
      View Details
    • Contact for pricing
      12,400 SF

      Retail Space Available For Rent

      Retail space available for rent in Whittier, California.
      13401-13469 Telegraph Rd, Whittier, CA 90605
      View Details
    • Contact for pricing
      5,272 SF

      Painter Avenue Warehouse/Office Space

      Multi-tenant building with office and warehouse space for lease.
      9905 Painter Ave, Whittier, CA 90605
      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.
    9829 La Serna Dr
    Whittier, CA 90605-1807
    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!