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Property profile & analytics
FOR LEASE
Investment properties
1417 Marcelina Ave Torrance, CA 90501
Trust Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0291467
For Lease
$1,195,000
1417 Marcelina Ave, Torrance, CA 90501
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1924
Construction
TILT-UP CONCRETE
Total area
6,560 SF
Lot
0.11 ac (4,610 SF)
Zoning code
TODC-CTR
APN
7355-025-010
UPID
US10-0291467
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
-
Marcelina Apartments Apartment Building
-
Frank's Lock & Key Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.20M
Owner & transaction history
Notaro,steve Trust · 10 yrs held
Notaro,steve Trust
since 2016
7 recorded transactions
Zoning & alternative use
TODC-CTR · Torrance, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$182 / 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
$17,902
Tax year 2024
Assessed value
$1,322,001
Assessed 2024
Previous assessed
$1,322,001
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$721,091
Assessed improvement
$600,910
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1924
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Units
10
Total area
6,560 SF
Lot
0.11 ac (4,610 SF)
Zoning code
TODC-CTR
APN
7355-025-010
UPID
US10-0291467
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.
Building & site characteristics
From public records
Year built
1924
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Buildings
2
Units
10
Lot
0.11 ac
Current owner
From public records · entity-resolved
Notaro,steve Trust
Trust
Mailing address
5348 CAROL DR, TORRANCE, CA 90505-3223
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Sep 15, 2021
—
Steve Notaro
—
Deed
related
$1,238,000 · Luther Burbank Savings
Apr 18, 2016
—
Notaro,steve Trust
Notaro,cindy V
Quit Claim Deed
related
—
Jun 4, 2014
$1,100,000
Notaro,steve 2000 Trust
Marzilli Family Trust
Grant Deed
—
Nov 19, 2007
—
Ernest G Marzilli
Ernest G Marzilli
Intrafamily Transfer
related
—
Jun 6, 2002
—
Terrance M Fitzpatrick
Fitzpatrick,t & J
Quit Claim Deed
related
—
—
—
Terrance,fitzpatrick Trustee
—
Deed Of Trust
related
$30,000 · Individual
—
—
Fitzpatrick Trust
—
Deed Of Trust
related
—
—
—
Fitzpatrick,tr
—
Deed Of Trust
related
$300,000 · Preferred 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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