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Property profile & analytics
OFF-MARKET
Estimated value
$4,000,000
Community centers
12829 Normandie Ave Gardena, CA 90249
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6360551
Property summary
AI-generated overview
This exceptional Gardena office property, located at 12829 Normandie Ave (Normandie & El Segundo), offers a unique leasing opportunity. The property consists of two single-story buildings totaling 12,139 square feet, built in 1967 and extensively renovated in 2024. The property is zoned C3 and features nine suites, with 1,400 square feet currently vacant, offering a minimum divisible space of 1,400 square feet and a maximum contiguous space of 2,000 square feet. The lot size is a generous 25,889 square feet. This Class B property is situated in a bustling Gardena submarket, benefiting from high foot traffic and proximity to thriving businesses. The location provides excellent visibility and accessibility, making it ideal for a variety of office uses. The property's recent renovation ensures modern amenities and a comfortable work environment. This is a rare opportunity to secure prime office space in a vibrant and convenient location. The APN is 6102-003-007. Don't miss this chance to establish your business in this thriving Gardena commercial center.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1967
Construction
TILT-UP CONCRETE
Total area
12,139 SF
Lot
0.59 ac (25,883 SF)
Zoning code
GAC3
APN
6102-003-007
UPID
US09-6360551
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
-
Boost Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.40M
CAP Approach
CAP
$4.43M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.00M
Owner & transaction history
12807 Normandie Corp · 2 yrs held
12807 Normandie Corp
since 2023
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
GAC3 · Gardena, 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 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
$4,675,000
ML approach
$4,400,000
CAP Approach
CAP Return
Estimation
6%
$4,795,000
6.5%
$4,425,000
7%
$4,110,000
Blend value · Realmo final
$4.00M
Range $3.60M – $4.40M · ±10% · vs last sale $3.25M (Aug 31 2023)
Last sale anchor
$3.25M
Aug 31 2023
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
$330 / 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
$44,551
Tax year 2024
Assessed value
$3,250,000
Assessed 2024
Previous assessed
$3,250,000
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$2,000,000
Assessed improvement
$1,250,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1967
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
9
Bathrooms
14
Total area
12,139 SF
Lot
0.59 ac (25,883 SF)
Zoning code
GAC3
APN
6102-003-007
UPID
US09-6360551
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GAC3 · Gardena, CA
Zoning GAC3 · permitted uses
GAC3 · 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.
Building & site characteristics
From public records
Year built
1967
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
9
Bathrooms
14
Lot
0.59 ac
Current owner
From public records · entity-resolved
12807 Normandie Corp
Entity
Mailing address
21143 HAWTHORNE BLVDPMB116, TORRANCE, CA 90503-4615
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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 31, 2023
$3,250,000
12807 Normandie Corp
Anne Lee
Grant Deed
$3,450,000 · Ready Capital Corp
Oct 26, 2021
—
Anne Lee
Young Lee Ji
Affidavit Death Of Trustee/successor Trustee
related
—
Apr 3, 2015
—
Lee,j Y & O Y Family Trust
Lee J Y & O Y Family Trust
Quit Claim Deed
related
—
Oct 8, 2003
—
Lee,tr
Lee,ji Y & Ok Y
Quit Claim Deed
related
—
Feb 3, 1989
$955,000
Lee Ji Y&ok Y
1031 Exch
Trustees Deed
$670,000 · Progressive Savings Bank
—
—
Ji Y Lee
—
Deed Of Trust
related
$500,000 · Bank Of America
—
—
Ji Y Lee
—
Deed Of Trust
related
$480,000 · Choi Trust
—
—
Ji Y Lee
—
Deed Of Trust
related
$564,000 · Nara 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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