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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Apartment buildings
11500 Inglewood Ave Hawthorne, CA 90250-2029
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7111370
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1948
Total area
2,538 SF
Lot
0.19 ac (8,437 SF)
Zoning code
LAR3-1
APN
4044-001-005
UPID
US09-7111370
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
$370k
CAP Approach
CAP
$630k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$525k
Owner & transaction history
Adrian Montes Alvarez
Adrian Montes Alvarez
since 2026
7 recorded transactions
Zoning & alternative use
LAR3-1 · Hawthorne, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$785,000
+24.2%
Warehouse, storage
$745,000
+18.0%
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 Hawthorne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hawthorne 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
$370,000
CAP Approach
CAP Return
Estimation
6%
$680,000
6.5%
$630,000
7%
$585,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$630,000
Current use
RETAIL STORES
$785,000
Change: +24% · Conversion: Difficult
WAREHOUSE, STORAGE
$745,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$585,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$207 / 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
$10,876
Tax year 2024
Assessed value
$772,104
Assessed 2024
Previous assessed
$772,104
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$683,285
Assessed improvement
$88,819
Applied tax rate
3.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1948
Heating
NONE
Cooling
YES
Units
5
Bathrooms
5
Total area
2,538 SF
Lot
0.19 ac (8,437 SF)
Zoning code
LAR3-1
APN
4044-001-005
UPID
US09-7111370
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3-1 · Hawthorne, CA
Zoning LAR3-1 · permitted uses
LAR3-1 · Hawthorne, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hawthorne. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$630,000
RETAIL STORES
Est. value
$785,000
WAREHOUSE, STORAGE
Est. value
$745,000
COMMERCIAL (GENERAL)
Est. value
$585,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
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
1948
Heating
NONE
Cooling
Yes
Units
5
Bathrooms
5
Lot
0.19 ac
Current owner
From public records · entity-resolved
Adrian Montes Alvarez
Individual
Mailing address
12123 CULVER DR, CULVER CITY, CA 90230-5918
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2026
—
Adrian Montes Alvarez
Adrian Montes Alvarez
Deed
—
Dec 9, 2024
—
Adrian Alvarez Montes
—
Deed
related
$1,100,000 · Innovative Capital Income Fund
Aug 25, 2023
—
Adrian Montes
—
Deed
related
$840,000 · S & W FCU
Jun 24, 2021
—
Adrian Montes
—
Deed
related
$648,500 · Springer Family Trust
Aug 9, 2018
—
Adrian Montes
Montes,adrian
Quit Claim Deed
related
$550,000 · Lantern Financial Corporation
May 5, 2016
—
Adrian Montes
—
Deed
related
$363,000 · Lantern Financial Corp
May 25, 2005
$565,000
Adrian Montes
Ihsan H Faraj
Grant Deed
$380,000 · Dba Metwest Commercial Lender
Feb 22, 1989
$131,364
Park Place Props
Chop
Trustees Deed
related
$196,900 · First Federal Savings & Loan
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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