Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,750,000
Grocery and convenience stores
1012 Gardena Blvd Gardena, CA 90247-4906
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-8371701
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1928
Construction
TILT-UP CONCRETE
Total area
18,536 SF
Lot
0.44 ac (19,156 SF)
Zoning code
GACR
APN
6111-001-025
UPID
US09-8371701
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
-
GARDENA PANADERIA Bakery Specialty Food Shop
-
Gardena Supermarket Specialty Food Shop Supermarket
-
Cardtronics ATM Atm
-
Bestway Recycling Recycling Center Waste Management Facility
-
Gardena grocer, llc Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.52M
Blend (final)
Blend
$2.75M
Owner & transaction history
Gardena Grocer LLC · 13 yrs held
Gardena Grocer LLC
since 2012
7 recorded transactions
Zoning & alternative use
GACR · Gardena, 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 Gardena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gardena 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,345,000
Current use
Blend value · Realmo final
$2.75M
Range $2.48M – $3.03M · ±10%
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
$148 / 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
$30,790
Tax year 2024
Assessed value
$1,986,790
Assessed 2024
Previous assessed
$1,986,790
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$440,888
Assessed improvement
$1,545,902
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
18,536 SF
Lot
0.44 ac (19,156 SF)
Zoning code
GACR
APN
6111-001-025
UPID
US09-8371701
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GACR · Gardena, CAZoning GACR · permitted uses
GACR · Gardena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.3M
RETAIL STORES 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
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
Gardena Grocer LLC
Entity
Mailing address
PO BOX 4046, CERRITOS, CA 90703-4046
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2018
—
Gardena Grocer LLC
—
Deed
related
$1,800,000 · Wells Fargo Bank NA
Sep 11, 2012
—
Gardena Grocer LLC
Solanki,priti
Grant Deed
—
Feb 2, 2010
—
Gardena Grocer LLC
Solanki,naresh
Grant Deed
—
Nov 17, 2006
—
Naresh Solanki
Solanki,priti
Quit Claim Deed
related
$1,000,000 · Bank Of The West
Mar 10, 2000
—
Jiva Solanki
—
Grant Deed
related
$1,046,000 · Banco Popular De Puerto Rico
Dec 26, 1996
$250,000
Jiva C Solanki
Aoyagi Trust
Grant Deed
related
$51,315 · Seller
—
—
Naresh Solanki
—
Deed Of Trust
related
$700,000 · Saehan Bank
—
—
George K Aoyagi
—
Deed Of Trust
related
$100,000 · Pacific Business Bank
—
—
Naresh Solanki
—
Deed Of Trust
related
$250,000 · Los Angeles Ldc INC
—
—
Aoyagi Trust
—
Deed Of Trust
related
$150,000 · Southern Pacific Thrift & Loan
—
—
Naresh Solanki
—
Deed Of Trust
related
$1,000,000 · Bank Of The West
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?”
You own 1012 Gardena Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
