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La Mirada, CA High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in La Mirada, California Market population: 49K. Explore income-producing properties with verified cap rates and...

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πŸ“Š Average Cap Rate For La Mirada CA Properties: 6.68%

⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

πŸ“Š Avg Property Tax Rate For La Mirada CA Properties: 1.2800%

⭐ Featured

Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF

Investor Questions For La Mirada CA

Common questions from investors exploring commercial real estate in La Mirada CA.

What makes La Mirada, CA an attractive market for real estate investment? +
La Mirada's median household income of $81,961, combined with a relatively low poverty rate of 6.5% and high health insurance coverage of 93.1%, suggests a stable and secure market for investors. The city's diverse population, with top ethnicities including White, Hispanic, and White Non-Hispanic, and a foreign born rate of 24.6%, also indicates a strong demand for housing. Additionally, the top industries in Public Administration, Finance & Insurance, and Construction provide a solid foundation for employment and economic growth.
How does the commute time and transportation infrastructure impact the quality of life for residents and investors in La Mirada? +
The average commute time of 29.3 minutes in La Mirada, with top commute methods including driving alone, working from home, and carpooling, indicates a relatively convenient and flexible transportation infrastructure. This, combined with a high health insurance coverage rate of 93.1% and a low poverty rate of 6.5%, suggests a high quality of life for residents and a stable market for investors. The city's strong public administration and construction industries also contribute to a well-planned and maintained infrastructure.
What are the key factors that contribute to the stability and security of the real estate market in La Mirada? +
The stability and security of the real estate market in La Mirada can be attributed to a combination of factors, including a low poverty rate of 6.5%, a high median household income of $81,961, and a high health insurance coverage rate of 93.1%. The city's diverse population, with a foreign born rate of 24.6%, and top industries in Public Administration, Finance & Insurance, and Construction, also contribute to a strong and resilient economy. Furthermore, the median property value of $401,300 and median property taxes of $11,040 provide a solid foundation for real estate investment.
How does the ethnic diversity and industry mix in La Mirada impact the demand for housing and real estate investment? +
The ethnic diversity in La Mirada, with top ethnicities including White, Hispanic, and White Non-Hispanic, and a foreign born rate of 24.6%, indicates a strong demand for housing and a diverse range of investment opportunities. The city's industry mix, with top industries in Public Administration, Finance & Insurance, and Construction, also contributes to a high demand for housing and a strong economy. Additionally, the median household income of $81,961 and low poverty rate of 6.5% suggest a stable and secure market for investors.
What are the implications of the GINI coefficient and income inequality for real estate investment in La Mirada? +
The GINI coefficient of 0.409 in La Mirada indicates a moderate level of income inequality, which can have implications for real estate investment. However, the city's low poverty rate of 6.5%, high median household income of $81,961, and high health insurance coverage rate of 93.1% suggest a relatively stable and secure market. The top industries in Public Administration, Finance & Insurance, and Construction also contribute to a strong and resilient economy, which can help to mitigate the effects of income inequality and provide a solid foundation for real estate investment.

La Mirada CA Real Estate & City Facts

Key facts and real estate information about La Mirada CA.

What are some of the best neighborhoods to live in La Mirada? +
Some of the best neighborhoods to live in La Mirada include East La Mirada and Imperial, which are known for being peaceful and family-friendly. Other desirable areas tend to be in the west parts of the city, while more affordable homes are in the southwest regions.
What are some fun things to do in La Mirada? +
There are plenty of fun things to do in La Mirada, such as visiting the La Mirada Theatre, Splash! La Mirada Regional Aquatics Center, and the Historic Neff Estates. You can also explore the La Mirada Regional Park, go biking, boating, or fishing, or play a round of golf at one of the nearby courses. Additionally, you can check out the Legendary Disc Golf course or visit the Creek Parks.
What is the food scene like in La Mirada? +
The food scene in La Mirada is diverse and offers a range of options, including Japanese cuisine at Tokyo Town, Mexican food at Lagos Mexican Cuisine, and American fare at Clearman's North Woods Inn. There are also plenty of great food trucks and restaurants in the area, such as Ghost Sando Shop and Big Bros Hawaiian Grill. If you're looking for something specific, you can also drive a little further into La Habra or other nearby cities for more options.
What are the pros and cons of living in La Mirada? +
The pros of living in La Mirada include its peaceful and family-friendly neighborhoods, excellent parks and recreational facilities, and a variety of single-family housing options. However, some cons include the potential for traffic and congestion, especially during rush hour, and the need to drive to nearby cities for certain amenities or services. Overall, La Mirada is a great place to live for those who value a quiet and safe community with plenty of outdoor activities.
Is La Mirada a good place to live? +
Yes, La Mirada is a good place to live, offering a unique blend of small-town charm and big-city amenities. With its excellent schools, low crime rate, and abundance of outdoor recreational opportunities, La Mirada is an attractive option for families, retirees, and young professionals alike. While it may not have all the amenities and services of a larger city, its proximity to Los Angeles and other nearby cities makes it an ideal choice for those who want to balance a quiet lifestyle with access to urban attractions and opportunities.

πŸ“Š Average Income For La Mirada CA Commercial Property: $81,961

⭐ Featured

7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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