Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,890,000
Retail space
1019 Carson St Torrance, CA 90502-2000
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8822000
Property summary
AI-generated overview
This exceptional investment opportunity presents a fee-simple, 4,000 square foot Chipotle restaurant located at 1019 W Carson St, Torrance, CA 90502. The property boasts a 15-year net lease (NNN) with a corporate guarantee from Chipotle Mexican Grill (NYSE: CMG), commencing December 12, 2024, and expiring December 12, 2039. The lease includes three five-year renewal options and a 10% rent increase every five years. The property features a strong net operating income (NOI) of $275,000, resulting in a 4.58% cap rate. Situated on a 16,000 square foot lot, this Class A property includes 15 parking spaces and benefits from its prime location directly across from UCLA Harbor Medical Center's 72-acre campus, currently undergoing a $2 billion modernization and expansion. The building, constructed and renovated in 2024, is part of a vibrant commercial area including other well-known national brands. The property's zoning is SP (West Carson Transit Oriented District (TOD) Specific Plan), and the APN is 7345-010-011
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1969
Construction
TILT-UP CONCRETE
Total area
3,900 SF
Lot
0.12 ac (5,025 SF)
Zoning code
LCC3*
APN
7345-010-012
UPID
US09-8822000
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
-
Ria Money Transfer - Los Altos Market Bank Credit Union
-
Amazon Hub Locker - Eero Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.89M
Owner & transaction history
Mslh LLC · 1 yrs held
Mslh LLC
since 2024
Last sale
$5.9M
4 recorded transactions
Zoning & alternative use
LCC3* · Torrance, 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 Torrance submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Torrance 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
$5,890,000
ML approach
$5,890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.89M
Range $5.30M – $6.48M · ±10% · vs last sale $5.89M (Dec 30 2024)
Last sale anchor
$5.89M
Dec 30 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
$1,510 / 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
$17,581
Tax year 2024
Assessed value
$1,273,449
Assessed 2024
Previous assessed
$1,273,449
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$689,785
Assessed improvement
$583,664
Applied tax rate
17.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
3,900 SF
Lot
0.12 ac (5,025 SF)
Zoning code
LCC3*
APN
7345-010-012
UPID
US09-8822000
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3* · Torrance, CA
Zoning LCC3* · permitted uses
LCC3* · Torrance, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Torrance. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Mslh LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1531 CAMDEN AVE PH #3, LOS ANGELES, CA 90025-3448
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2025
—
Mslh LLC
—
Deed
related
$2,350,000 · Us Bank Trust Co NA
Dec 30, 2024
$5,890,000
Mslh LLC
One Ucla LLC
Grant Deed
—
Jun 7, 2021
—
Michael Jay Gordon
Robert Phillips Gordon
Affidavit Death Of Trustee/successor Trustee
related
—
Nov 9, 2005
—
Gordon Robert P Trust
Gordon,robert P
Quit Claim Deed
related
—
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 1019 Carson St?
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.
