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Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Manufacturing properties
1500 Burnett St Signal Hill, CA 90755-3516
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0425311
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1952
Construction
WOOD
Total area
12,970 SF
Lot
0.71 ac (30,731 SF)
Zoning code
SHM1
APN
7211-030-058
UPID
US10-0425311
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
$2.30M
CAP Approach
CAP
$2.41M
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$2.30M
Owner & transaction history
Black Watch Properties LLC · 2 yrs held
Black Watch Properties LLC
since 2024
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
SHM1 · Signal Hill, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.6M
+17.7%
Apartment house (5+ units)
$3.6M
+16.2%
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 Signal Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Signal Hill 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
$2,300,000
ML approach
$2,300,000
CAP Approach
CAP Return
Estimation
6%
$2,610,000
6.5%
$2,410,000
7%
$2,235,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,095,000
Current use
RETAIL STORES
$3,645,000
Change: +18% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,600,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$2.30M
Range $2.07M – $2.53M · ±10% · vs last sale $2.30M (Jun 14 2024)
Last sale anchor
$2.30M
Jun 14 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
$177 / 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
$33,114
Tax year 2024
Assessed value
$2,412,452
Assessed 2024
Previous assessed
$2,412,452
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$1,554,692
Assessed improvement
$857,760
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
12,970 SF
Lot
0.71 ac (30,731 SF)
Zoning code
SHM1
APN
7211-030-058
UPID
US10-0425311
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SHM1 · Signal Hill, CA
Zoning SHM1 · permitted uses
SHM1 · Signal Hill, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Signal Hill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.1M
RETAIL STORES
Est. value
$3.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1952
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.71 ac
Current owner
From public records · entity-resolved
Black Watch Properties LLC
Entity
Mailing address
5151 SAN FELIPE ST, HOUSTON, TX 77056-3607
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2024
$2,300,000
Black Watch Properties LLC
1500 Burnett St LLC
Grant Deed
$1,840,000 · First National Bank Of Pennsylvania
Sep 28, 2020
—
1500 Burnett St LLC
Blair Family Trust
Quit Claim Deed
related
—
Apr 30, 2020
$2,250,000
Blair 2009 Family Trust
Kaha-hoskins Toni Trust
Grant Deed
—
Aug 1, 2017
—
Kahn-hoskins,toni Trust
Hoskins Robert L Trust
Quit Claim Deed
related
—
Jul 14, 2016
—
Toni Kahn-hoskins
Hoskins,robert L
Affidavit Of Death
related
—
Jun 19, 2013
—
Robert L Hoskins
Kahn-hoskins,toni
Quit Claim Deed
related
—
Dec 29, 2011
$250,000
Hoskins Robert L Trust
Leavitt Barron Trust
Grant Deed
—
Jul 31, 2006
—
Hoskins Robert L Trust
Hoskins,r L
Quit Claim Deed
related
—
Jun 30, 2000
$437,500
Leavitt,barron & Hoskins R L Tr
—
Grant Deed
related
—
Jun 30, 2000
—
Leavitt,barron Trustee
Caltrol,
Grant 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.
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