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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Office buildings
1320 La Brea Ave Inglewood, CA 90302-1217
Trust Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6430204
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
WOOD
Total area
1,710 SF
Lot
0.08 ac (3,305 SF)
Zoning code
INC2YY
APN
4002-029-030
UPID
US09-6430204
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
$600k
Comparable Approach
Comparable
$324k
Blend (final)
Blend
$510k
Owner & transaction history
Petropoulus,r R 1993 Trust · 10 yrs held
Petropoulus,r R 1993 Trust
since 2015
7 recorded transactions
Zoning & alternative use
INC2YY · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$775,000
+35.3%
Retail stores
$610,000
+5.8%
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 Inglewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inglewood 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%
$650,000
6.5%
$600,000
7%
$560,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$575,000
Current use
MEDICAL BUILDING
$775,000
Change: +35% · Conversion: Easy
RETAIL STORES
$610,000
Change: +6% · Conversion: Moderate
WAREHOUSE, STORAGE
$500,000
Change: -13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$475,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$298 / 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
$6,760
Tax year 2024
Assessed value
$492,082
Assessed 2024
Previous assessed
$492,082
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$348,173
Assessed improvement
$143,909
Applied tax rate
13.0000
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
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
1,710 SF
Lot
0.08 ac (3,305 SF)
Zoning code
INC2YY
APN
4002-029-030
UPID
US09-6430204
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INC2YY · Inglewood, CA
Zoning INC2YY · permitted uses
INC2YY · Inglewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inglewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$575,000
MEDICAL BUILDING
Est. value
$775,000
RETAIL STORES
Est. value
$610,000
WAREHOUSE, STORAGE
Est. value
$500,000
COMMERCIAL (GENERAL)
Est. value
$475,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1960
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Petropoulus,r R 1993 Trust
Trust
Free & Clear · 10 yrs held
Mailing address
343 5TH AVE, VENICE, CA 90291-2642
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Nov 12, 2015
$424,000
Petropoulus,r R 1993 Trust
Diaz,magin
Grant Deed
—
Dec 30, 2004
—
Magin Diaz
Diaz,rosa M
Quit Claim Deed
related
—
Apr 26, 2001
$94,000
Magin D Montes
Resource Transportation & Dist
Grant Deed
—
Oct 28, 1999
$85,000
Transportation Resource
Broadway Federal Bank
Grant Deed
$63,750 · Broadway Federal Bank
Mar 18, 1998
$106,164
Broadway Federal Bank
Lemons,starlett M
Trustees Deed
related
—
Apr 30, 1992
$86,000
Bill Releford JR.
Lemons,starlette
Grant Deed
—
May 18, 1989
$95,000
Walton Mary
Harr
Trustees Deed
$85,500 · Trent Financial
May 18, 1989
—
Edith M Harris
Harri
Quit Claim Deed
related
—
Apr 27, 1989
—
Starlett Lemons
Packer Cefel
Quit Claim Deed
related
$115,500 · Broadway Federal S & L
Apr 27, 1989
$42,500
Packer Cefel
Matera Anthony D
Trustees Deed
related
—
—
—
Lemon
—
Deed Of Trust
related
$12,350 · Home Budget Loans
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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