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Property profile & analytics
OFF-MARKET
Estimated value
$5,630,000
Parking lots & garages
1223 Centinela Ave Inglewood, CA 90302-1137
Entity Owned
~
Est. High Equity
Property ID
US09-6909294
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1974
Total area
14,497 SF
Lot
0.34 ac (14,971 SF)
Zoning code
INC2YY
APN
4017-008-002
UPID
US09-6909294
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
$3.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.63M
Owner & transaction history
La Christian Academy INC
La Christian Academy INC
since 2025
Last sale
$7.7M
7 recorded transactions
Zoning & alternative use
INC2YY · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$8.8M
+85.1%
Medical building
$6.6M
+38.3%
Retail stores
$5.2M
+8.2%
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 Inglewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inglewood 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
$3,555,000
ML approach
$3,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$4,765,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$8,825,000
Change: +85% · Conversion: Difficult
MEDICAL BUILDING
$6,590,000
Change: +38% · Conversion: Difficult
RETAIL STORES
$5,155,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$4,870,000
Change: +2% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,455,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$5.63M
Range $5.07M – $6.19M · ±10% · vs last sale $7.70M (Jun 5 2025)
Last sale anchor
$7.70M
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
$388 / 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
$22,228
Tax year 2024
Assessed value
$1,720,821
Assessed 2024
Previous assessed
$1,720,821
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,720,821
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1974
Heating
NONE
Total area
14,497 SF
Lot
0.34 ac (14,971 SF)
Zoning code
INC2YY
APN
4017-008-002
UPID
US09-6909294
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INC2YY · Inglewood, CA
Zoning INC2YY · permitted uses
INC2YY · Inglewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inglewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.8M
MEDICAL BUILDING
Est. value
$6.6M
RETAIL STORES
Est. value
$5.2M
OFFICE BUILDING
Est. value
$4.9M
INDUSTRIAL (GENERAL)
Est. value
$4.5M
PARKING LOT Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
INDUSTRIAL (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
1974
Heating
NONE
Lot
0.34 ac
Current owner
From public records · entity-resolved
La Christian Academy INC
Entity
Mailing address
PO BOX 2445, SARATOGA, CA 95070-0445
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
30 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2025
—
La Christian Academy INC
Farwell Family LLC
Quitclaim Deed
related
—
Sep 5, 2025
$7,700,000
Farwell Family LLC
Melissa Thomas
Grant Deed
—
Sep 5, 2025
—
Melissa Thomas
Steven S Thomas
Deed
related
—
Oct 13, 2021
$3,669,413
Melissa Thomas
Mmz Holdings LLC
Trustees Deed
related
—
Oct 29, 2019
—
Mmz Holdings LLC
—
Deed
related
$150,000 · Peter Ma
Oct 28, 2019
—
Mmz Holdings LLC
—
Deed
related
$250,000 · Credit Suisse First Boston LLC
Oct 16, 2019
—
Mmz Holdings LLC
—
Deed
related
$3,000,000 · Lone Oak Fund
Mar 4, 2019
—
Mmz Holdings LLC
—
Deed
related
$53,000 · 1700 Old Grove Road LLC
Jan 11, 2019
—
Mmz Holdings LLC
—
Deed
related
$150,000 · Peter Ma
Oct 16, 2018
—
Mmz Holdings LLC
—
Grant Deed
related
$1,182,212 · Sam Lamonica
Jun 21, 2018
—
Mmz Holdings LLC
—
Deed
related
$155,000 · Sam Lamonica
Mar 8, 2018
—
Mmz Holdings LLC
—
Deed
related
$50,000 · Ml Scandia INC
Dec 29, 2017
—
Mmz Holdings LLC
—
Deed
related
$572,000 · Sam Lamonica
May 11, 2017
—
Mmz Holdings LLC
—
Deed
related
$100,000 · Ml Scandia INC
Apr 27, 2017
—
Mmz Holdings LLC
—
Deed
related
$275,000 · Sam Lamonica
Aug 20, 2013
$1,200,000
Centinela Holdings Ar LLC
Old Republic Title Co
Trustees Deed
related
—
Jan 31, 2008
$4,100,000
Vadiim Lebovich Inv Group LLC
Kp Properties INC
Grant Deed
$3,485,000 · Bank Of America
Feb 25, 2000
$750,000
K P Properties INC
Williams Family LP
Grant Deed
—
—
—
Mmz Holdings LLC
—
Deed Of Trust
related
$2,400,000 · Melissa Thomas
—
—
Mmz Holdings LLC
—
Deed Of Trust
related
$3,000,000 · Lone Oak Fund
—
—
Mmz Holdings LLC
—
Deed Of Trust
related
$150,000 · Peter Ma
—
—
Kp Properties INC
—
Deed Of Trust
related
—
—
—
Vadim Lebovich Inv Group LLC
—
Deed Of Trust
related
$500,000 · Oleg Khersonsky
—
—
Mmz Holdings LLC
—
Deed Of Trust
related
$100,000 · Ml Scandia INC
—
—
Mmz Holdings LLC
—
Deed Of Trust
related
$275,000 · Sam Lamonica
—
—
Mmz Holdings LLC
—
Deed Of Trust
related
$572,000 · Sam Lamonica
—
—
Mmz Holdings LLC
—
Deed Of Trust
related
$50,000 · Ml Scandia INC
—
—
Mmz Holdings LLC
—
Deed Of Trust
related
$155,000 · Sam Lamonica
—
—
Mmz Holdings LLC
—
Deed Of Trust
related
$53,000 · 1700 Old Grove Road LLC
—
—
Mmz Holdings LLC
—
Deed Of Trust
related
$150,000 · Peter Ma
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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