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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Office buildings
11371 Atlantic Ave Lynwood, CA 90262-3058
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-8839479
Property summary
AI-generated overview
This 2,350 square foot industrial property is situated on a 0.06-acre lot at 11371 Atlantic Avenue in Lynwood, California. The single-story building is currently configured as retail space and is located on the busy Atlantic Boulevard, offering excellent visibility and accessibility. The property is in excellent condition and presents a fantastic opportunity for an owner-user or investor seeking a rental property. Its strategic location on a high-traffic thoroughfare makes it ideal for a variety of businesses. The asking price is $545,000. This property is being offered as part of a 1031 exchange, meaning the seller is seeking a tax-deferred exchange. A previous buyer's transaction did not close, making this property available again. The seller is highly motivated and will consider all offers. This is a rare opportunity to acquire a well-maintained, strategically located industrial space in a thriving area. The property's size and condition make it suitable for a range of commercial uses. Serious inquiries are encouraged.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1947
Construction
TILT-UP CONCRETE
Total area
2,350 SF
Lot
0.06 ac (2,413 SF)
Zoning code
LYC3*
APN
6193-021-012
UPID
US09-8839479
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
by Request
Comparable Approach
Comparable
$747k
Blend (final)
Blend
$535k
Owner & transaction history
Seleh Enterprises LLC · 7 yrs held
Seleh Enterprises LLC
since 2018
7 recorded transactions
Zoning & alternative use
LYC3* · Lynwood, 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 Lynwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynwood 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
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$228 / 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
$4,448
Tax year 2024
Assessed value
$277,061
Assessed 2024
Previous assessed
$277,061
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$104,666
Assessed improvement
$172,395
Applied tax rate
6.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,350 SF
Lot
0.06 ac (2,413 SF)
Zoning code
LYC3*
APN
6193-021-012
UPID
US09-8839479
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LYC3* · Lynwood, CAZoning LYC3* · permitted uses
LYC3* · Lynwood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Seleh Enterprises LLC
Entity
Mailing address
11371 ATLANTIC AVE, LYNWOOD, CA 90262-3058
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2018
—
Seleh Enterprises LLC
Seleh Enterprises LLC
Intrafamily Transfer
related
$192,000 · Cathay Bank
Aug 22, 2011
$225,000
Seleh Ents LLC
Barnes,virginia
Grant Deed
$85,000 · Charles Seals
Jul 7, 2006
—
Virginia Barnes
Barnes,virginia
Quit Claim Deed
related
—
May 13, 1999
$65,000
Virginia Barnes
Ramirez,jesus
Grant Deed
$65,000 · Community Commerce Bank
Oct 16, 1996
$69,639
Jesus Ramirez
Fletcher,leaonna C
Trustees Deed
—
Dec 20, 1989
$45,000
Clarece Fletcher
Sherman Carl W
Grant Deed
—
—
—
Leaonna C Fletcher
—
Deed Of Trust
related
$60,000 · Jesus Ramirez M D
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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