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    1305 Gaffey St San Pedro, CA 90731-1323
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    Property profile & analytics

    1305 Gaffey St, San Pedro, CA 90731-1323

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    • Warehouses
    • 71,622 SF
    • 1.02 lot acres
    Off-Market
    Last Sale Oct 13, 2024
    $24,400,000
    Property ID
    US09-7532476
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1305 Gaffey St

    Year built
    2012
    Lot size
    1.02 lot acres
    Zone code
    LAM1
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    7445-002-006
    APU
    7445002006

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 13, 2025 $24,400,000 Westport Stillwater San Pedro Self Csifv San Pedro LLC Grant Deed —
    Jul 16, 2018 — Csifv-san Pedro LLC — Deed · related —
    Sep 2, 2016 — Csifv-san Pedro LLC — Deed · related $34M · Private Individual
    Mar 20, 2015 — Csifv-san Pedro LLC Catalyst Storage-san Pedro LLC Quit Claim Deed $31M · Accordia Life & Annuity Co
    Feb 25, 2011 $1,560,000 Csi San Pedro LLC Irvin Family Trust Grant Deed —
    Feb 14, 2011 — Irvin Ronald C Tr Irvin,dagmar P & Wilbur C Affidavit Of Death · related —
    Oct 18, 2001 — Irvin,wilbur C & Dagmar Tr Irvin,w C & D Quit Claim Deed · related —
    — — Catalyst Storage-san Pedro LLC — Loan Modification · related —
    — — Catalyst Storage-san Pedro LLC — Deed Of Trust · related $37M · Bank Of America
    — — Csi San Pedro LLC — Deed Of Trust · related $37M · Bank Of America
    — — Csifv-san Pedro LLC — Loan Modification · related $34M · Private Individual
    — — Csifv-san Pedro LLC — Loan Modification · related —
    Jun 12, 1962 — Wilbur C Irvin — Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Pedro
    County
    Los Angeles
    State
    California
    Longitude
    -118.293
    Latitude
    33.7559
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $103,606
    $2,575,159
    $5,452,086
    $8,027,245
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $27,505,000
      240,782 SF

      1949 Gaffey St

      MINI-WAREHOUSE, STORAGE
      1949 Gaffey St, San Pedro, CA 90731
      View Details
    • Value Estimation
      $2,150,000
      22,500 SF

      630 Pacific Ave

      MINI-WAREHOUSE, STORAGE
      630 Pacific Ave, San Pedro, CA 90731-2630
      View Details
    • Value Estimation by Request
      3,280 SF

      2031 Mesa St

      WAREHOUSE, STORAGE
      2031 Mesa St, San Pedro, CA 90731-5515
      View Details
    • Value Estimation
      $3,200,000
      22,120 SF

      727 Capitol Dr

      WAREHOUSE, STORAGE
      727 Capitol Dr, San Pedro, CA 90731-1226
      View Details
    • Value Estimation
      $4,210,000
      6,534 SF

      311 Beacon St

      WAREHOUSE, STORAGE
      311 Beacon St, San Pedro, CA 90731
      View Details
    • Value Estimation
      $960,000
      8,772 SF

      503 Harker St

      WAREHOUSE, STORAGE
      503 Harker St, San Pedro, CA 90731-2101
      View Details

    Similar Nearby for Sale

    • $1,399,000

      2020 S Mesa, San Pedro, CA 90731

      Warehouses
      2020 S Mesa Ave, San Pedro, CA 90731
      View Details
    • New
      Contact for pricing
      2,430 SF

      Freestanding Warehouse Facility

      Freestanding warehouse near the Port of Los Angeles and West Harbor waterfront development, supporting flexible industrial operations.
      241 N Pacific Ave, San Pedro, CA 90731
      View Details
    • $1,750,000
      41,899.00 Acres

      Large Undeveloped Land Parcel Opportunity

      Two parcels totaling 41,899 SF, being sold for land value.
      514 Arcadia Dr, San Pedro, CA 90731
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      850 SF

      San Pedro Warehouse Space Available

      Multi-tenant building with 16' clear height and HVAC.
      1871 N Gaffey St, San Pedro, CA 90731
      View Details
    • Contact for pricing
      338,936 SF

      San Pedro Distribution Warehouse Space

      Large industrial warehouse with secure yards near major transportation hubs.
      350 Westmont Dr, Los Angeles, CA 90731
      View Details
    • $2,800 /Mo
      3,630 SF

      Flex Space with Roll-Up Door

      Freshly painted creative industrial flex space with an 8-foot roll-up door for straightforward loading and versatile indoor use.
      2003 S Mesa Ave, San Pedro, CA 90731
      View Details
    • $3,000 /Mo

      Creative Industrial Space For Rent

      Modern industrial-style creative space with street access and fenced exterior.
      2003 S Mesa Ave, San Pedro, CA 90731
      View Details
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    San Pedro, CA 90731-1323
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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