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Property profile & analytics
OFF-MARKET
Estimated value
$1,790,000
Investment properties
1413 La Brea Ave Inglewood, CA 90302-1218
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-6443196
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1941
Construction
WOOD
Total area
5,604 SF
Lot
0.14 ac (5,931 SF)
Zoning code
INC2YY
APN
4002-021-002
UPID
US09-6443196
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
-
Mavis Building Supply
-
Yerhot Medical Group Medical Group
-
Crenshaw Carpet Carpet & Flooring Store Hardware & Home Improvement
-
Cathedral Corporation Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.88M
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
$2.07M
Blend (final)
Blend
$1.79M
Owner & transaction history
Bruce Barnett · 4 yrs held
Bruce Barnett
since 2021
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
INC2YY · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.5M
+64.2%
Retail stores
$2.0M
+28.5%
Office building
$1.9M
+21.4%
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
$1,785,000
ML approach
$1,875,000
CAP Approach
CAP Return
Estimation
6%
$1,610,000
6.5%
$1,485,000
7%
$1,380,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,550,000
Current use
MEDICAL BUILDING
$2,545,000
Change: +64% · Conversion: Easy
RETAIL STORES
$1,995,000
Change: +28% · Conversion: Easy
OFFICE BUILDING
$1,885,000
Change: +21% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,725,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$1.79M
Range $1.61M – $1.97M · ±10% · vs last sale $1.75M (Sep 10 2021)
Last sale anchor
$1.75M
Sep 10 2021
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
$319 / 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
$20,107
Tax year 2024
Assessed value
$1,482,570
Assessed 2024
Previous assessed
$1,482,570
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$1,040,400
Assessed improvement
$442,170
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1941
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
5,604 SF
Lot
0.14 ac (5,931 SF)
Zoning code
INC2YY
APN
4002-021-002
UPID
US09-6443196
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
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$2.5M
RETAIL STORES
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
1941
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Bruce Barnett
Individual
Free & Clear · 4 yrs held
Mailing address
PO BOX 491847, LOS ANGELES, CA 90049-8847
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2024
—
Bruce Barnett
—
Deed
related
$250,000 · Eer Solo 401k
Sep 10, 2021
$1,750,000
Bruce Barnett
Creamer Building Rental Group LLC
Grant Deed
—
Jan 7, 2015
—
Creamer Builder Rental Group L
Creamer,frederick J III
Quit Claim Deed
—
Jan 7, 2015
$35,000
Susan W Creamer
Creamer,kenneth
Grant Deed
related
—
Jun 4, 1993
—
Creamer E Co Tr Et Al
—
Deed Of Trust
related
—
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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