Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,770,000
Apartment buildings
14424 Budlong Ave Gardena, CA 90247-2563
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8644733
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
WOOD
Total area
19,292 SF
Lot
0.73 ac (31,682 SF)
Zoning code
GAR3
APN
6114-019-006
UPID
US09-8644733
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
$4.78M
Comparable Approach
Comparable
$2.77M
Blend (final)
Blend
$3.77M
Owner & transaction history
Svpp Properties LLC · 1 yrs held
Svpp Properties LLC
since 2025
Last sale
$5.3M
5 recorded transactions
Zoning & alternative use
GAR3 · Gardena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.2M
+33.4%
Commercial (general)
$6.2M
+33.3%
Industrial (general)
$5.8M
+25.0%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,175,000
6.5%
$4,775,000
7%
$4,435,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,625,000
Current use
OFFICE BUILDING
$6,170,000
Change: +33% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,165,000
Change: +33% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$5,780,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$3.77M
Range $3.39M – $4.15M · ±10% · vs last sale $5.25M (Dec 25 2024)
Last sale anchor
$5.25M
Dec 25 2024
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
$195 / 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
$31,616
Tax year 2024
Assessed value
$2,126,625
Assessed 2024
Previous assessed
$2,126,625
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$602,732
Assessed improvement
$1,523,893
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
1973
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
31
Rooms
6
Bathrooms
31
Total area
19,292 SF
Lot
0.73 ac (31,682 SF)
Zoning code
GAR3
APN
6114-019-006
UPID
US09-8644733
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
$4.6M
OFFICE BUILDING
Est. value
$6.2M
COMMERCIAL (GENERAL)
Est. value
$6.2M
INDUSTRIAL (GENERAL)
Est. value
$5.8M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1973
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
31
Rooms
6
Bathrooms
31
Lot
0.73 ac
Current owner
From public records · entity-resolved
Svpp Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
204 BERNARD AVE, VENICE, CA 90291-2705
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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 30, 2025
—
Svpp Properties LLC
—
Deed
related
$3,300,000 · Jpmorgan Chase Bank NA
Mar 25, 2025
$5,250,000
Svpp Properties LLC
Bernard Avenue LLC
Grant Deed
—
Mar 19, 2014
—
Newman,vincent 2013 Trust
Newman Joe & C Trust
Quit Claim Deed
related
—
Feb 11, 2014
—
Newman,myva R Trust
Lrjn LLC
Quit Claim Deed
—
Dec 30, 1999
—
Lou Rosen
Pac,account
Quit Claim Deed
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.
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 14424 Budlong Ave?
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.
