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Property profile & analytics
OFF-MARKET
Estimated value
$3,200,000
Apartment buildings
11615 Firestone Blvd Norwalk, CA 90650-2806
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6411404
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1989
Construction
WOOD
Total area
17,913 SF
Lot
0.59 ac (25,837 SF)
Zoning code
NOC3
APN
8048-010-056
UPID
US09-6411404
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
-
Palm Country Club Apartments Apartment Building
-
Norwalk Metropointe Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.42M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.20M
Owner & transaction history
Spectrum Pacific West LLC · 3 yrs held
Spectrum Pacific West LLC
since 2022
7 recorded transactions
Zoning & alternative use
NOC3 · Norwalk, 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 Norwalk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwalk 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%
$4,780,000
6.5%
$4,415,000
7%
$4,100,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,970,000
Current use
Blend value · Realmo final
$3.20M
Range $2.88M – $3.52M · ±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
$179 / 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
$75,393
Tax year 2024
Assessed value
$5,868,917
Assessed 2024
Previous assessed
$5,868,917
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,772,734
Assessed improvement
$4,096,183
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Buildings
2
Units
16
Bathrooms
30
Total area
17,913 SF
Lot
0.59 ac (25,837 SF)
Zoning code
NOC3
APN
8048-010-056
UPID
US09-6411404
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
NOC3 · Norwalk, CA
Zoning NOC3 · permitted uses
NOC3 · Norwalk, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norwalk. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.0M
APARTMENT HOUSE (5+ UNITS) Current
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
1989
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
16
Bathrooms
30
Lot
0.59 ac
Current owner
From public records · entity-resolved
Spectrum Pacific West LLC
Entity
Mailing address
320 N PARK VIS ST, ANAHEIM, CA 92806-3722
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Sep 12, 2022
—
Spectrum Pacific West LLC
Veranda Associates LP
Other
—
Sep 1, 2020
—
Veranda Associates LP
—
Deed
related
$53,008,000 · Orix Real Estate Capital LLC
Apr 12, 2017
$69,500,000
Veranda Associates LP
Imt Cap II Palm Cntry Club LLC
Trustees Deed
$42,629,000 · Capital One Multifamily Fin
Dec 15, 2011
$42,250,422
Imt Capital II Palm Country Club Ll
Tgm Palm Country Club INC
Grant Deed
$34,120,000 · Holliday Fenoglio Fowler L P
Jan 29, 1999
$19,810,000
Tgm Palm Country Club INC
Palm Country Club Apartments
Grant Deed
related
—
May 26, 1992
—
Palm Country Club Apartments
—
Deed Of Trust
related
—
—
—
Imt Capital II Palm Country Cl
—
Deed Of Trust
related
$4,730,000 · Holliday Fenoglio Fowler
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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