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Property profile & analytics
OFF-MARKET
Estimated value
$3,450,000
Investment properties
1216 Gardena Blvd Gardena, CA 90247-5900
Entity Owned
6-yr Hold
Absentee Owner
Property ID
US09-8541410
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1989
Construction
WOOD
Total area
17,500 SF
Lot
0.6 ac (26,014 SF)
Zoning code
GACR
APN
6111-006-039
UPID
US09-8541410
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
$3.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.27M
Blend (final)
Blend
$3.45M
Owner & transaction history
1212 Gardena LLC · 6 yrs held
1212 Gardena LLC
since 2020
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
GACR · Gardena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.6M
+0.1%
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 Gardena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gardena 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
$3,420,000
ML approach
$3,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,590,000
Current use
OFFICE BUILDING
$5,595,000
Change: +0% · Conversion: Easy
INDUSTRIAL (GENERAL)
$5,245,000
Change: -6% · Conversion: Moderate
WAREHOUSE, STORAGE
$4,920,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$3.45M
Range $3.11M – $3.80M · ±10% · vs last sale $3.45M (Jul 10 2020)
Last sale anchor
$3.45M
Jul 10 2020
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
$197 / 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
$48,667
Tax year 2024
Assessed value
$3,671,467
Assessed 2024
Previous assessed
$3,671,467
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$1,538,751
Assessed improvement
$2,132,716
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Units
22
Bathrooms
32
Total area
17,500 SF
Lot
0.6 ac (26,014 SF)
Zoning code
GACR
APN
6111-006-039
UPID
US09-8541410
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GACR · Gardena, CA
Zoning GACR · permitted uses
GACR · Gardena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gardena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.6M
OFFICE BUILDING
Est. value
$5.6M
INDUSTRIAL (GENERAL)
Est. value
$5.2M
WAREHOUSE, STORAGE
Est. value
$4.9M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1989
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Units
22
Bathrooms
32
Lot
0.6 ac
Current owner
From public records · entity-resolved
1212 Gardena LLC
Entity
Mailing address
610 N SANTA ANITA AVE, ARCADIA, CA 91006-2722
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Aug 24, 2020
—
1212 Gardena LLC
—
Deed
related
$2,141,000 · Capital One Bank NA
Jul 10, 2020
$3,450,000
1212 Gardena LLC
Chavanne Family Partners LP
Grant Deed
—
Mar 29, 2017
$552,500
Chavanne Family Partners LP
Field,david C & Dianne E
Grant Deed
$1,800,000 · Farmers & Merchants Bk/lng Bch
Aug 8, 2007
—
Chavanne Family Partners LP
John J Chavanne
Quit Claim Deed
related
$1,500,000 · Washington Mutual Bank
Dec 22, 2000
$360,000
Chavanne Trust
Honda America Development Co
Grant Deed
related
$940,000 · Manufacturers Bank
Feb 24, 1994
—
Gar Cy
Honda Amer Dev,
Grant Deed
related
—
—
—
Chavanne,tr
—
Deed Of Trust
related
$1,615,000 · Washington Mutual Fsb
—
—
Chavanne,tr
—
Deed Of Trust
related
$1,125,000 · Washington Mutual Fsb
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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