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Property profile & analytics
OFF-MARKET
Estimated value
$2,040,000
Office buildings
1230 Crenshaw Blvd Torrance, CA 90501-2412
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6905842
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1974
Construction
WOOD
Total area
6,572 SF
Lot
0.29 ac (12,424 SF)
Zoning code
TOCC-GEN
APN
7355-001-027
UPID
US09-6905842
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
-
Blue Ribbon Insurance Insurance Agency
-
Regal Law & Mediation APC Law Firm Child Welfare Organization
-
Kendall Law, a Professional Law Corporation Law Firm
-
Torrance Municipal Employees City Government Office
-
Epps & Coulson, LLP Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.48M
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$2.04M
Owner & transaction history
Old Towne Phillips Investments LLC · 7 yrs held
Old Towne Phillips Investments LLC
since 2018
7 recorded transactions
Zoning & alternative use
TOCC-GEN · Torrance, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.0M
+10.7%
Medical building
$3.0M
+8.8%
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 Torrance submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Torrance 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%
$2,680,000
6.5%
$2,475,000
7%
$2,300,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,745,000
Current use
AUTO REPAIR, GARAGE
$3,040,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$2,990,000
Change: +9% · Conversion: Easy
RETAIL STORES
$2,465,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$2.04M
Range $1.84M – $2.24M · ±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
$310 / 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
$24,817
Tax year 2024
Assessed value
$2,077,923
Assessed 2024
Previous assessed
$2,077,923
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,203,008
Assessed improvement
$874,915
Applied tax rate
9.0000
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
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
NONE
Stories
2
Total area
6,572 SF
Lot
0.29 ac (12,424 SF)
Zoning code
TOCC-GEN
APN
7355-001-027
UPID
US09-6905842
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TOCC-GEN · Torrance, CA
Zoning TOCC-GEN · permitted uses
TOCC-GEN · Torrance, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Torrance. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$3.0M
RETAIL STORES
Est. value
$2.5M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Old Towne Phillips Investments LLC
Entity
Mailing address
4173 VIA SOLANO, PALOS VERDES ESTATES, CA 90274-1176
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Nov 16, 2020
—
Old Towne Phillips Investments LLC
—
Deed
related
$1,482,000 · Mufg Union Bank NA
Sep 13, 2018
$1,900,000
Old Towne Phillips Investments LLC
Rtw Investments Ltd
Grant Deed
$1,520,000 · Mufg Union Bank NA
Jun 26, 2003
—
Rtw Investments Ltd
Rtw Investments Ltd
Quit Claim Deed
related
$543,635 · Bank Of America
Nov 2, 1988
$870,000
Rtw Invs
Bjb
Trustees Deed
$555,000 · Pacific Heritage Bank
Nov 2, 1988
$462,500
Bjb Prop
Crenshaw Financi
Trustees Deed
related
—
—
—
Rtw Investments Ltd
—
Deed Of Trust
related
$570,000 · Bay Cities National Bank
—
—
Rtw Invs Ltd LP
—
Deed Of Trust
related
$531,000 · Bay Cities National 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.
Try Rey
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