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Property profile & analytics
OFF-MARKET
Estimated value
$23,330,000
Office buildings
1045 Redondo Bch Blvd Gardena, CA 90247-4128
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-8083438
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1988
Construction
STEEL FRAME
Total area
119,413 SF
Lot
2.15 ac (93,674 SF)
Zoning code
GAC3
APN
6114-028-050
UPID
US09-8083438
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
-
Everett D. Wong, MSW Foster Care Service Social Service Agency
-
Therapy Lounge Center Physician
-
Jessica Lee NP Pediatrician Physician
-
Health Care Partners Medical: Sasaki John MD Physician
-
Dr. Michael L. Genova, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$25.97M
Blend (final)
Blend
$23.33M
Owner & transaction history
City Of Refuge Ministies INC · 2 yrs held
City Of Refuge Ministies INC
since 2023
Last sale
$22.0M
7 recorded transactions
Zoning & alternative use
GAC3 · 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
$23,360,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$38,190,000
Current use
COMMERCIAL (GENERAL)
$38,150,000
Change: 0% · Conversion: Easy
INDUSTRIAL (GENERAL)
$35,785,000
Change: -6% · Conversion: Difficult
WAREHOUSE, STORAGE
$33,580,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$23.33M
Range $21.00M – $25.66M · ±10% · vs last sale $22.00M (Oct 3 2023)
Last sale anchor
$22.00M
Oct 3 2023
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
$195 / 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
$260,355
Tax year 2024
Assessed value
$18,935,280
Assessed 2024
Previous assessed
$18,935,280
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$7,907,040
Assessed improvement
$11,028,240
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
NONE
Stories
2
Total area
119,413 SF
Lot
2.15 ac (93,674 SF)
Zoning code
GAC3
APN
6114-028-050
UPID
US09-8083438
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GAC3 · Gardena, CA
Zoning GAC3 · permitted uses
GAC3 · Gardena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gardena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$38.2M
COMMERCIAL (GENERAL)
Est. value
$38.2M
INDUSTRIAL (GENERAL)
Est. value
$35.8M
WAREHOUSE, STORAGE
Est. value
$33.6M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
1988
Construction
STEEL FRAME
Heating
NONE
Stories
2
Lot
2.15 ac
Current owner
From public records · entity-resolved
City Of Refuge Ministies INC
Entity
Mailing address
1045 W REDONDO BCH BLVD, GARDENA, CA 90247-4128
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2023
$22,000,000
City Of Refuge Ministies INC
Gardena Professional Medical Plaza
Grant Deed
—
Jun 4, 2019
—
Gardena Prof Medical Plz LP
—
Grant Deed
related
$9,000,000 · Preferred Bk
Jun 28, 2010
—
Gardena Prof Medical Plaza LP
—
Deed Of Trust
related
$10,644,668 · Us Bank NA
Jun 2, 2005
—
Gardena Prof Medical Plaza
Gardena Medical Plaza
Quit Claim Deed
$10,644,668 · California National Bank
—
—
Gardena Medical
—
Deed Of Trust
related
$55,000 · Hazama USA Corp
—
—
Gardena Medical
—
Deed Of Trust
related
$3,560,000 · Hazama USA Corp
—
—
Gardena Medical
—
Deed Of Trust
related
$500,000 · Hazama U S A Cor
—
—
Gardena Medical
—
Deed Of Trust
related
$110,000 · Hazama USA Corp
—
—
Bristol Redondo
—
Deed Of Trust
related
$7,700,000 · Aid Association For Lutheran
—
—
Bristol Redondo
—
Deed Of Trust
related
$500,000 · Senwakanko
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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