Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,235,000
Apartment buildings
1420 179th St Gardena, CA 90248-3743
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8544088
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Total area
19,248 SF
Lot
0.82 ac (35,684 SF)
Zoning code
GAR3
APN
6106-039-006
UPID
US09-8544088
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
$5.02M
CAP Approach
CAP
$4.77M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.24M
Owner & transaction history
Chris E Patronas · 4 yrs held
Chris E Patronas
since 2022
Last sale
$5.8M
7 recorded transactions
Zoning & alternative use
GAR3 · Gardena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.0M
+36.3%
Commercial (general)
$6.2M
+19.0%
Retail stores
$5.7M
+9.3%
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 Gardena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gardena 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
$4,800,000
ML approach
$5,020,000
CAP Approach
CAP Return
Estimation
6%
$5,160,000
6.5%
$4,765,000
7%
$4,425,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,170,000
Current use
OFFICE BUILDING
$7,045,000
Change: +36% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,150,000
Change: +19% · Conversion: Moderate
RETAIL STORES
$5,650,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$5.24M
Range $4.71M – $5.76M · ±10% · vs last sale $5.80M (Mar 2 2022)
Last sale anchor
$5.80M
Mar 2 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
$272 / 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
$77,347
Tax year 2024
Assessed value
$6,036,960
Assessed 2024
Previous assessed
$6,036,960
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$3,922,308
Assessed improvement
$2,114,652
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1963
Heating
NONE
Cooling
YES
Units
24
Bathrooms
40
Total area
19,248 SF
Lot
0.82 ac (35,684 SF)
Zoning code
GAR3
APN
6106-039-006
UPID
US09-8544088
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GAR3 · Gardena, CA
Zoning GAR3 · permitted uses
GAR3 · Gardena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gardena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.2M
OFFICE BUILDING
Est. value
$7.0M
COMMERCIAL (GENERAL)
Est. value
$6.2M
RETAIL STORES
Est. value
$5.7M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1963
Heating
NONE
Cooling
Yes
Units
24
Bathrooms
40
Lot
0.82 ac
Current owner
From public records · entity-resolved
Chris E Patronas
Individual
Mailing address
4014 MARINE AVEA, LAWNDALE, CA 90260-1839
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2022
$5,800,000
Chris E Patronas
Linda Jeanne Call
Grant Deed
$3,375,000 · Skyone FCU
Apr 20, 2020
—
Linda Jeanne Call
—
Deed
related
$2,475,000 · Opus Bank
Sep 26, 2018
—
Linda Jeanne Call
—
Deed
related
$2,000,000 · Bofi Federal Bank
Jul 23, 2014
—
Linda Jeanne Call
Linda Jeanne Call
Intrafamily Transfer
related
$1,660,000 · Bofi Federal Bank
Apr 10, 2007
—
Linda Jeanne Call
Linda Jeanne Call
Intrafamily Transfer
related
$1,400,000 · Metwest Commercial Lender INC
Jul 27, 1989
—
Linda Dzikowski
Dzikowiski Linda
Quit Claim Deed
related
—
Oct 24, 1988
—
Linda Dzikowiski
Dzikowski Fmly T
Quit Claim Deed
related
$1,221,000 · Western Federal Savings & Loan
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?”
You own 1420 179th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
