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Property profile & analytics
OFF-MARKET
Estimated value
$3,270,000
Apartment buildings
14518 Cerise Ave Hawthorne, CA 90250
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6303596
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
21,847 SF
Lot
0.74 ac (32,040 SF)
Zoning code
LAC1-1*
APN
4071-012-016
UPID
US09-6303596
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.27M
Owner & transaction history
12909 Cordary LLC · 16 yrs held
12909 Cordary LLC
since 2009
7 recorded transactions
Zoning & alternative use
LAC1-1* · Hawthorne, 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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,440,000
Current use
Blend value · Realmo final
$3.27M
Range $2.94M – $3.60M · ±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
$150 / 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
$50,493
Tax year 2024
Assessed value
$3,758,566
Assessed 2024
Previous assessed
$3,758,566
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,645,162
Assessed improvement
$2,113,404
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
1986
Construction
WOOD
Heating
NONE
Units
22
Bathrooms
44
Total area
21,847 SF
Lot
0.74 ac (32,040 SF)
Zoning code
LAC1-1*
APN
4071-012-016
UPID
US09-6303596
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC1-1* · Hawthorne, CA
Zoning LAC1-1* · permitted uses
LAC1-1* · 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
$5.4M
APARTMENT HOUSE (5+ UNITS) Current
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
1986
Construction
WOOD
Heating
NONE
Units
22
Bathrooms
44
Lot
0.74 ac
Current owner
From public records · entity-resolved
12909 Cordary LLC
Entity
Mailing address
4747 E EL SEGUNDO BLVD #202, HAWTHORNE, CA 90250
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2009
—
12909 Cordary LLC
110 Spruce LLC
Grant Deed
—
Oct 27, 2003
—
M & S Sherman LLC
Sherman,tr
Quit Claim Deed
related
—
Nov 1, 2001
$1,825,000
Sherman Trust
Palm Central Partners
Grant Deed
$1,100,000 · Abn Amro Mortgage Group INC
Jul 31, 1996
—
Palm Central Partners
Home Savings Of America
Grant Deed
$880,000 · Home Savings Of America
Jun 17, 1996
$820,000
Home Savings Of America
Vojislav Batta Vujicic Trustee
Trustees Deed
related
—
Aug 9, 1994
—
Village Estate 14500
Vujicic,r & V B Trustees
Grant Deed
related
—
—
—
Vujicic Trust
—
Deed Of Trust
related
$1,474,000 · Home Savings Of America
—
—
Vujicic Trust
—
Deed Of Trust
related
—
—
—
Palm Central Partners
—
Deed Of Trust
related
$120,000 · E S Isbell Trustee
—
—
110 Spruce LLC
—
Deed Of Trust
related
$500,000 · George B & Sohair Hanna
—
—
Sherman Trust
—
Deed Of Trust
related
$1,366,500 · Abn Amro Mortgage Group INC
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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