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Property profile & analytics
OFF-MARKET
Estimated value
$8,665,000
Office buildings
1436 Goodrich Blvd, Commerce, CA 90022-5111
Trust Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7921788
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1948
Construction
CONCRETE
Total area
25,985 SF
Lot
2.13 ac (92,645 SF)
Zoning code
CMM2*
APN
6340-016-010
UPID
US09-7921788
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
$10.94M
Comparable Approach
Comparable
$8.89M
Blend (final)
Blend
$8.67M
Owner & transaction history
Levin,don Trust · 8 yrs held
Levin,don Trust
since 2017
7 recorded transactions
Zoning & alternative use
CMM2* · Commerce, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$14.1M
+124.1%
Medical building
$11.8M
+87.8%
Neighborhood: shopping center
$11.0M
+74.6%
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 Commerce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Commerce 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%
$11,850,000
6.5%
$10,940,000
7%
$10,160,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,305,000
Current use
AUTO REPAIR, GARAGE
$14,125,000
Change: +124% · Conversion: Difficult
MEDICAL BUILDING
$11,835,000
Change: +88% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$11,005,000
Change: +75% · Conversion: Difficult
WAREHOUSE, STORAGE
$7,265,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$5,850,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$8.67M
Range $7.80M – $9.53M · ±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
$333 / 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
$137,015
Tax year 2024
Assessed value
$11,434,068
Assessed 2024
Previous assessed
$11,434,068
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$3,982,402
Assessed improvement
$7,451,666
Applied tax rate
12.0000
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
1948
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
25,985 SF
Lot
2.13 ac (92,645 SF)
Zoning code
CMM2*
APN
6340-016-010
UPID
US09-7921788
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CMM2* · Commerce, CA
Zoning CMM2* · permitted uses
CMM2* · Commerce, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Commerce. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$14.1M
MEDICAL BUILDING
Est. value
$11.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.0M
WAREHOUSE, STORAGE
Est. value
$7.3M
RETAIL STORES
Est. value
$5.9M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1948
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
2.13 ac
Current owner
From public records · entity-resolved
Levin,don Trust
Trust
Mailing address
11300 W OLYMPIC BLVD STE #770, LOS ANGELES, CA 90064-1644
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2026
—
Don Levin Trust
—
Deed
related
$9,000,000
Aug 8, 2024
—
Thomas D Gordon
—
Deed
related
$4,000,000 · Partners Bank Of California
Nov 7, 2017
$10,250,000
Levin,don Trust
Ap-goodrich LLC
Grant Deed
—
Feb 23, 2000
$2,180,000
Ap Goodrich LLC
—
Grant Deed
related
—
Jan 14, 1999
—
Draine,robert W & Patricia L Co-
Dorado,ptnrshp
Grant Deed
related
—
—
—
Ap-goodrich LLC
—
Deed Of Trust
related
$309,000,000 · Pfp IV Sub Vi LLC
—
—
Ap-goodrich LLC
—
Deed Of Trust
related
$100,000 · Bank Of America
—
—
Ap-goodrich LLC
—
Deed Of Trust
related
$1,680,000 · First Union National Bank
—
—
Ap-goodrich LLC
—
Deed Of Trust
related
$100,000 · Bank Of America
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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