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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Office buildings
11712 Hawthorne Blvd Hawthorne, CA 90250-2324
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7323011
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1968
Construction
TILT-UP CONCRETE
Total area
2,541 SF
Lot
0.14 ac (6,003 SF)
Zoning code
HAC2
APN
4047-016-006
UPID
US09-7323011
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
-
Sarah S. Olelewe, M.D. Geriatric Care Provider
-
Joseph N. Tanifor, Nurse Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$910k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$785k
Owner & transaction history
Friday U Olelewe & Sarah S Olelewe · 5 yrs held
Friday U Olelewe & Sarah S Olelewe
since 2021
7 recorded transactions
Zoning & alternative use
HAC2 · Hawthorne, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+3.1%
Medical building
$1.2M
+1.4%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$985,000
6.5%
$910,000
7%
$845,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,140,000
Current use
AUTO REPAIR, GARAGE
$1,175,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$1,155,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$785k
Range $707k – $864k · ±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
$309 / 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
$9,813
Tax year 2024
Assessed value
$680,969
Assessed 2024
Previous assessed
$680,969
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$490,102
Assessed improvement
$190,867
Applied tax rate
4.0000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1968
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,541 SF
Lot
0.14 ac (6,003 SF)
Zoning code
HAC2
APN
4047-016-006
UPID
US09-7323011
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HAC2 · Hawthorne, CA
Zoning HAC2 · permitted uses
HAC2 · 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
OFFICE BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1968
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Friday U Olelewe & Sarah S Olelewe
Individual
Mailing address
7330 ZAHARIAS CT, MOORPARK, CA 93021-8782
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2021
—
Friday U Olelewe & Sarah S Olelewe
Friday U Olelewe
Intrafamily Transfer
related
—
Aug 31, 2020
—
Sarah Sam Olelewe
—
Deed
related
$1,062,500 · First Citizens Bank & Trust Co
Oct 21, 2016
—
Sarah S Olelewe
—
Deed
related
$1,169,600 · Newtek Small Busn Fin
Jan 20, 2012
—
Olelewe,friday
Assets Depot LLC
Quit Claim Deed
related
—
Jun 25, 2007
—
Assets Depot LLC
Olelewe,friday & Sarah
Quit Claim Deed
related
—
Mar 31, 2005
—
Friday U Olelewe
Jufsokig Securities LLC
Grant Deed
$318,750 · Bayview Financial LP
Apr 3, 2003
—
Jufsokig Securities LLC
Olelewe,friday U & Sarah S
Grant Deed
related
—
Dec 29, 2000
$300,000
Olelewe,friday U & Sarah S
Hutchison,darrell L & Judy E
Trustees Deed
$450,000 · Cit Small Business Lending Co
—
—
Friday U Olelewe
—
Deed Of Trust
related
$450,000 · Cit Small Business Lending Co
—
—
Sarah S Olelewe
—
Deed Of Trust
related
$1,169,600 · Newtek Small Busn Fin
—
—
Friday Olelewe
—
Deed Of Trust
related
$100,000 · Raymond M Barnett
—
—
Friday U Olelewe
—
Deed Of Trust
related
$12,795 · Hawthorne City (ca)
Aug 16, 1966
—
—
—
Grant Deed
related
—
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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