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Property profile & analytics
OFF-MARKET
Estimated value
$1,895,000
Apartment buildings
10348 California Ave South Gate, CA 90280-6552
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6258201
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
WOOD
Total area
5,362 SF
Lot
0.19 ac (8,322 SF)
Zoning code
SGCR*
APN
6223-002-004
UPID
US09-6258201
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$1.76M
Blend (final)
Blend
$1.90M
Owner & transaction history
Hs Properties 4 LLC
Hs Properties 4 LLC
since 2025
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
SGCR* · South Gate, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+124.4%
Office building
$2.4M
+121.4%
Warehouse, storage
$1.6M
+45.0%
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 South Gate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Gate 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%
$1,440,000
6.5%
$1,325,000
7%
$1,235,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,435,000
Change: +124% · Conversion: Moderate
OFFICE BUILDING
$2,405,000
Change: +121% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,575,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,140,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$1.90M
Range $1.71M – $2.08M · ±10% · vs last sale $2.25M (Jul 30 2025)
Last sale anchor
$2.25M
Jul 30 2025
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
$353 / 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
$24,392
Tax year 2024
Assessed value
$1,823,111
Assessed 2024
Previous assessed
$1,823,111
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$307,211
Assessed improvement
$1,515,900
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Cooling
YES
Units
12
Bathrooms
12
Total area
5,362 SF
Lot
0.19 ac (8,322 SF)
Zoning code
SGCR*
APN
6223-002-004
UPID
US09-6258201
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SGCR* · South Gate, CA
Zoning SGCR* · permitted uses
SGCR* · South Gate, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Gate. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.4M
WAREHOUSE, STORAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1959
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
12
Bathrooms
12
Lot
0.19 ac
Current owner
From public records · entity-resolved
Hs Properties 4 LLC
Entity
Mailing address
6880 ARIZONA AVE, LOS ANGELES, CA 90045-1380
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2025
$2,250,000
Hs Properties 4 LLC
Pert Holdings LLC
Grant Deed
$1,462,500 · Jpmorgan Chase Bank NA
Sep 21, 2021
—
First Republic Bank
Pert Holdings LLC
Assignment Of Lease (leasehold Sale)
$1,087,500 · First Republic Bank
Jan 11, 2021
—
Pert Holdings LLC
Pedro Piera
Quit Claim Deed
related
—
Feb 22, 2017
—
Pedro Piera
Piera,leticia
Quit Claim Deed
related
—
Feb 22, 2017
$1,600,000
Pedro Piera
John E Michaels
Grant Deed
$1,150,000 · Universal Bank
Jun 15, 2012
—
Slauson Avenue Properties LLC
Michaels J E & H M Trust
Grant Deed
—
Jan 12, 2006
—
Michaels John E & H M Trust
Michaels,john E & Helen M
Quit Claim Deed
related
—
Mar 8, 2005
—
Southgate Apartments LLC
Martinez Family Trust
Grant Deed
—
Feb 18, 2004
—
Michaels,tr
Michaels,john E & Helen M
Quit Claim Deed
related
—
Jun 3, 1997
—
Martinez Manuel J
Martinez,m J & P Trutees
Quit Claim Deed
related
—
Feb 5, 1997
$330,000
Martinez Trust
Great Western Bank
Grant Deed
$264,000 · Great Western Bank
Feb 20, 1996
$266,538
Great Western Bank
Morales,mario E & Gladys
Trustees Deed
related
—
Oct 3, 1995
—
Juan Flores
Morales,m & A G
Grant Deed
related
—
Nov 1, 1988
$525,000
Morales Mario E
Castillo Rafael
Trustees Deed
$393,700 · Great Western Bank
Nov 1, 1988
—
Rafael Castillo
Castillo,juana H
Quit Claim Deed
related
—
—
—
Mario E Morales
—
Deed Of Trust
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.
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