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Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Warehouses
1315 El Prado Ave Torrance, CA 90501
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6306454
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Construction
TILT-UP CONCRETE
Total area
3,150 SF
Lot
0.07 ac (3,135 SF)
Zoning code
TODC-CTR
APN
7355-026-007
UPID
US09-6306454
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
-
Flash Electrician Service Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.57M
Owner & transaction history
John Nielsen Corporation · 4 yrs held
John Nielsen Corporation
since 2022
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
TODC-CTR · Torrance, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.9M
+85.4%
Auto repair, garage
$1.5M
+40.9%
Medical building
$1.4M
+38.5%
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
$1,605,000
ML approach
$1,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,035,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,915,000
Change: +85% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,455,000
Change: +41% · Conversion: Easy
MEDICAL BUILDING
$1,430,000
Change: +38% · Conversion: Difficult
OFFICE BUILDING
$1,315,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$1,180,000
Change: +14% · Conversion: Moderate
COMMERCIAL (GENERAL)
$985,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±10% · vs last sale $1.55M (Jun 15 2022)
Last sale anchor
$1.55M
Jun 15 2022
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
$497 / 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
$4,987
Tax year 2024
Assessed value
$400,554
Assessed 2024
Previous assessed
$400,554
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$390,150
Assessed improvement
$10,404
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,150 SF
Lot
0.07 ac (3,135 SF)
Zoning code
TODC-CTR
APN
7355-026-007
UPID
US09-6306454
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TODC-CTR · Torrance, CA
Zoning TODC-CTR · permitted uses
TODC-CTR · 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
WAREHOUSE, STORAGE Current
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$985,000
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (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
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
John Nielsen Corporation
Entity
Mailing address
1321 POST AVE, TORRANCE, CA 90501-2641
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2022
$1,550,000
John Nielsen Corporation
Carmen V Ibarcena
Grant Deed
$712,500 · Bank Of America NA
Jun 15, 2022
—
John Nielsen Corporation
—
Deed
related
$589,000 · Business Finance Capital
Apr 23, 2007
$1,430,000
Carmen V Ibarcena
Noel L Beltran
Grant Deed
$396,500 · Wells Fargo Bank NA
Nov 15, 2005
$970,000
Noel L Beltran
Pe Ventures LLC
Grant Deed
—
Nov 15, 2005
—
Noel L Beltran
Martinez,yolanda L
Quit Claim Deed
related
—
Jul 9, 2003
$400,000
Pe Ventures LLC
Post Avenue Real Property Ltd
Grant Deed
—
Aug 22, 2002
—
Avenue Real Prop Post
Knickerbocker,c & D
Grant Deed
related
—
Aug 5, 2002
$265,000
Craig Knickerbocker
Paddock,john W
Grant Deed
$450,000 · South Bay Bank
Nov 2, 1998
$125,000
John W Paddock
Serrano,george & Alice
Grant Deed
$100,000 · Seller
—
—
Pe Venture LLC
—
Deed Of Trust
related
$200,000 · Knickerbocker Trust
—
—
Pe Ventures LLC
—
Deed Of Trust
related
$200,000 · Igi 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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