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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Investment properties
11219 Pr Ave Inglewood, CA 90303-2613
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-9199811
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1926
Construction
WOOD
Total area
1,466 SF
Lot
0.81 ac (35,426 SF)
Zoning code
INC2YY
APN
4035-018-015
UPID
US09-9199811
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
$685k
CAP Approach
CAP
$390k
Comparable Approach
Comparable
$554k
Blend (final)
Blend
$620k
Owner & transaction history
Prairie Station Holdings LLC · 3 yrs held
Prairie Station Holdings LLC
since 2023
Last sale
$650,000
4 recorded transactions
Zoning & alternative use
INC2YY · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$890,000
+119.9%
Medical building
$665,000
+64.2%
Retail stores
$520,000
+28.5%
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 Inglewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inglewood 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
$570,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
$420,000
6.5%
$390,000
7%
$360,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$405,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$890,000
Change: +120% · Conversion: Difficult
MEDICAL BUILDING
$665,000
Change: +64% · Conversion: Easy
RETAIL STORES
$520,000
Change: +28% · Conversion: Easy
OFFICE BUILDING
$495,000
Change: +21% · Conversion: Easy
WAREHOUSE, STORAGE
$430,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $650k (Dec 12 2022)
Last sale anchor
$650k
Dec 12 2022
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
$423 / 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
$85,041
Tax year 2024
Assessed value
$5,625,300
Assessed 2024
Previous assessed
$5,625,300
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$5,023,500
Assessed improvement
$601,800
Applied tax rate
11.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1926
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Buildings
4
Stories
1
Bathrooms
2
Total area
1,466 SF
Lot
0.81 ac (35,426 SF)
Zoning code
INC2YY
APN
4035-018-015
UPID
US09-9199811
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INC2YY · Inglewood, CA
Zoning INC2YY · permitted uses
INC2YY · Inglewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inglewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$405,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$890,000
MEDICAL BUILDING
Est. value
$665,000
RETAIL STORES
Est. value
$520,000
OFFICE BUILDING
Est. value
$495,000
WAREHOUSE, STORAGE
Est. value
$430,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
1926
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
4
Bathrooms
2
Lot
0.81 ac
Current owner
From public records · entity-resolved
Prairie Station Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 740, HAWTHORNE, CA 90251-0196
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2023
—
Prairie Station Holdings LLC
City Of Inglewood
Correction Deed
related
—
Dec 12, 2022
—
Prairie Imperial II LLC
Prairie Imperial LLC
Intrafamily Transfer
related
—
Apr 18, 2014
$650,000
Prairie Imperial LLC
Kp Properties INC
Grant Deed
—
May 15, 1997
$350,000
K P Properties INC
Steinbeck,floyd R & Marjorie E
Grant Deed
$300,000 · Individual
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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