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Property profile & analytics
OFF-MARKET
Estimated value
$16,290,000
Warehouses
12521 Cerise Ave, Hawthorne, CA 90250
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7858958
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1948
Total area
95,500 SF
Lot
3.46 ac (150,804 SF)
Zoning code
HAM2YY
APN
4049-006-064
UPID
US09-7858958
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
$19.12M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.29M
Owner & transaction history
Liberty Property LP · 12 yrs held
Liberty Property LP
since 2013
7 recorded transactions
Zoning & alternative use
HAM2YY · Hawthorne, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$20,710,000
6.5%
$19,120,000
7%
$17,750,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$25,345,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$16.29M
Range $14.66M – $17.92M · ±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
$171 / 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
$284,464
Tax year 2024
Assessed value
$21,444,040
Assessed 2024
Previous assessed
$21,444,040
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$11,794,222
Assessed improvement
$9,649,818
Applied tax rate
10.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1948
Heating
NONE
Buildings
4
Stories
1
Total area
95,500 SF
Lot
3.46 ac (150,804 SF)
Zoning code
HAM2YY
APN
4049-006-064
UPID
US09-7858958
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HAM2YY · Hawthorne, CA
Zoning HAM2YY · permitted uses
HAM2YY · 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
INDUSTRIAL (GENERAL)
Est. value
$25.3M
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
1948
Heating
NONE
Stories
1
Buildings
4
Lot
3.46 ac
Current owner
From public records · entity-resolved
Liberty Property LP
Entity
Free & Clear · 12 yrs held
Mailing address
60 STATE ST STE #2200, BOSTON, MA 02109-1884
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2013
—
Liberty Property LP
Cabot III-caiw05 LLC
Quit Claim Deed
—
Nov 5, 2012
$6,850,000
Cabot III-ca1w05 LLC
Ceg Hawthorne LLC
Grant Deed
—
Oct 7, 2004
—
Ceg Hawthorne 6 LLC
Kim,james Y
Grant Deed
$10,500,000 · Pnc Bank
Oct 7, 2004
$5,407,000
Ceg Hawthorne LLC
Kim,james Y
Grant Deed
—
Oct 18, 2001
—
James Y Kim
—
Deed Of Trust
related
$2,000,000 · California Center Bank
Aug 23, 2000
—
James Y Kim
—
Deed Of Trust
related
$2,000,000 · California Center Bank
Feb 29, 2000
—
James Y Kim
—
Deed Of Trust
related
$4,000,000 · California Center Bank
Sep 19, 1994
—
James Y Kim
—
Grant Deed
related
$2,500,000 · Foothill Independent Bank
Jun 3, 1994
$1,175,000
E & J Dye House INC
Orix Credit Alli
Grant Deed
$700,000 · Seller
Aug 19, 1991
$9,090
Credit Alli Orix
Amcal Chemical
Trustees Deed
related
$1,050,000
—
—
James Y Kim
—
Deed Of Trust
related
$500,000 · California Center Bank
—
—
James Y Kim
—
Deed Of Trust
related
$500,000 · California Center Bank
—
—
James Y Kim
—
Deed Of Trust
related
$500,000 · California Center Bank
—
—
James Y Kim
—
Deed Of Trust
related
$3,975,000 · Affinity Bank
—
—
James Y Kim
—
Deed Of Trust
related
$3,161,250 · First Bank & Trust
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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