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Property profile & analytics
OFF-MARKET
Estimated value
$2,250,000
Apartment buildings
11943 Grevillea Ave Hawthorne, CA 90250-2983
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6571682
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1984
Construction
WOOD
Total area
7,733 SF
Lot
0.2 ac (8,731 SF)
Zoning code
HAR3YY
APN
4044-020-010
UPID
US09-6571682
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
$1.92M
Comparable Approach
Comparable
$2.48M
Blend (final)
Blend
$2.25M
Owner & transaction history
Pierme2 Estates LLC
Pierme2 Estates LLC
since 2025
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
HAR3YY · Hawthorne, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.6M
+85.7%
Medical building
$3.5M
+82.6%
Office building
$3.5M
+80.1%
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%
$2,075,000
6.5%
$1,915,000
7%
$1,780,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,925,000
Current use
AUTO REPAIR, GARAGE
$3,575,000
Change: +86% · Conversion: Difficult
MEDICAL BUILDING
$3,515,000
Change: +83% · Conversion: Moderate
OFFICE BUILDING
$3,470,000
Change: +80% · Conversion: Moderate
RETAIL STORES
$2,395,000
Change: +24% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,270,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±10% · vs last sale $2.30M (Jun 5 2025)
Last sale anchor
$2.30M
Jun 5 2025
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
$291 / 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
$22,290
Tax year 2024
Assessed value
$1,633,055
Assessed 2024
Previous assessed
$1,633,055
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$1,052,267
Assessed improvement
$580,788
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
NONE
Units
10
Bathrooms
10
Total area
7,733 SF
Lot
0.2 ac (8,731 SF)
Zoning code
HAR3YY
APN
4044-020-010
UPID
US09-6571682
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HAR3YY · Hawthorne, CA
Zoning HAR3YY · permitted uses
HAR3YY · 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
$1.9M
AUTO REPAIR, GARAGE
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.5M
RETAIL STORES
Est. value
$2.4M
WAREHOUSE, STORAGE
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1984
Construction
WOOD
Heating
NONE
Units
10
Bathrooms
10
Lot
0.2 ac
Current owner
From public records · entity-resolved
Pierme2 Estates LLC
Entity
Mailing address
5704 WHITECLIFF DR, RANCHO PALOS VERDES, CA 90275-4942
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Sep 5, 2025
$2,300,000
Pierme2 Estates LLC
Garth And Maureen Edwards Trust
Grant Deed
$1,000,000 · Jpmorgan Chase Bank NA
Aug 2, 2017
—
Edwards,garth & Maureen Trust
Edwards,garth & Maureen E
Quit Claim Deed
related
—
Mar 3, 2016
—
Edwards,c H & J B Living Trust
Edwards Family Trust
Quit Claim Deed
related
—
May 7, 2013
—
Garth Edwards
Garth Edwards
Intrafamily Transfer
related
$56,250 · Luther Burbank Savings
Jul 10, 2008
—
Garth Edwards
Kelly,maureen E
Grant Deed
related
$570,000 · Wachovia Mortgage Fsb
Oct 27, 2004
$1,195,000
Garth Edwards
South Bay Shore
Grant Deed
$583,500 · World Savings
May 31, 2002
$185,000
Bay Shore South
Intrepid 822 Inglewood LP
Grant Deed
—
Jul 27, 2000
$560,000
Intrepid 822 Inglewood LP
12412 Greene Avenue LP
Grant Deed
$448,000 · Abn Amro Mortgage Group INC
Apr 25, 2000
—
—
Arce,f
Grant Deed
related
—
Apr 20, 2000
—
Arce,francisco
Chopra,deepak & Nandini
Trustees Deed
$300,000 · Seller
—
—
Bay Shores South
—
Deed Of Trust
related
$250,000 · Berrinche LP
—
—
Intrepid 822 Inglewood LP
—
Deed Of Trust
related
$99,300 · Jorge L Medina
—
—
South Bay Shore LP
—
Deed Of Trust
related
$543,750 · United Commercial Bank
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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