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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Apartment buildings
14406 Cerise Ave Hawthorne, CA 90250
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6303595
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1989
Construction
WOOD
Total area
6,993 SF
Lot
0.37 ac (16,017 SF)
Zoning code
HAM1*
APN
4071-011-030
UPID
US09-6303595
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
$1.73M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Queens Street LLC · 16 yrs held
Queens Street LLC
since 2009
7 recorded transactions
Zoning & alternative use
HAM1* · Hawthorne, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.2M
+24.2%
Warehouse, storage
$2.1M
+18.0%
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 Hawthorne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hawthorne 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%
$1,875,000
6.5%
$1,730,000
7%
$1,605,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,740,000
Current use
RETAIL STORES
$2,165,000
Change: +24% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,055,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±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
$186 / 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
$23,963
Tax year 2024
Assessed value
$1,797,015
Assessed 2024
Previous assessed
$1,797,015
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$1,075,680
Assessed improvement
$721,335
Applied tax rate
5.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Units
10
Bathrooms
21
Total area
6,993 SF
Lot
0.37 ac (16,017 SF)
Zoning code
HAM1*
APN
4071-011-030
UPID
US09-6303595
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HAM1* · Hawthorne, CA
Zoning HAM1* · permitted uses
HAM1* · Hawthorne, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hawthorne. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.7M
RETAIL STORES
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
WAREHOUSE, STORAGE
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
1989
Construction
WOOD
Heating
NONE
Units
10
Bathrooms
21
Lot
0.37 ac
Current owner
From public records · entity-resolved
Queens Street LLC
Entity
Mailing address
4747 W EL SEGUNDO BLVD STE #202, HAWTHORNE, CA 90250-4292
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2009
—
Queens Street LLC
Hassanally,siraj
Grant Deed
—
Sep 2, 2004
—
Siraj Hassanally
Hassanally,erika S
Quit Claim Deed
related
—
Feb 14, 2002
$710,000
Siraj Hassanally
Manning Riddell A LLC
Grant Deed
$532,500 · Quaker City Bank
Feb 14, 2002
—
Siraj Hassanally
Hassanally,e S
Quit Claim Deed
related
—
Apr 3, 2000
$580,000
Manning Riddell LLC
Alwan Trust
Grant Deed
$435,000 · Preferred Bank
Jul 10, 1992
—
Alwan Pierre G
—
Deed Of Trust
related
—
—
—
Manning-riddell LLC
—
Deed Of Trust
related
$400,000 · Kronsberg Trust
—
—
Manning-riddell LLC
—
Deed Of Trust
related
$400,000 · Kronsberg Trust
—
—
Siraj Hassanally
—
Deed Of Trust
related
$75,000 · Michael R Richardson
—
—
Leonard Perry
—
Deed Of Trust
related
$136,834 · Household Finance Corp Ca
—
—
Siraj Hassanally
—
Deed Of Trust
related
$825,000 · Quaker City Bank
—
—
Pierre G A Alwan
—
Deed Of Trust
related
$524,000 · Home Savings 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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