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Property profile & analytics
OFF-MARKET
Estimated value
$24,170,000
Manufacturing properties
15000 Nelson Ave City Of Industry, CA 91744-4331
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-9903271
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2017
Construction
TILT-UP CONCRETE
Total area
125,926 SF
Lot
6.22 ac (271,001 SF)
Zoning code
IDM*
APN
8208-011-033
UPID
US09-9903271
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
$24.17M
CAP Approach
CAP
$22.64M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$24.17M
Owner & transaction history
Oceanside Investment Group LLC · 2 yrs held
Oceanside Investment Group LLC
since 2024
Last sale
$24.2M
6 recorded transactions
Zoning & alternative use
IDM* · City Of Industry, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$38.7M
+21.4%
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 City Of Industry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs City Of Industry 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
$24,170,000
ML approach
$24,170,000
CAP Approach
CAP Return
Estimation
6%
$24,525,000
6.5%
$22,640,000
7%
$21,025,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$31,880,000
Current use
OFFICE BUILDING
$38,715,000
Change: +21% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$31,145,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$24.17M
Range $21.75M – $26.59M · ±10% · vs last sale $24.17M (Feb 28 2024)
Last sale anchor
$24.17M
Feb 28 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
$192 / 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
$274,558
Tax year 2024
Assessed value
$21,696,284
Assessed 2024
Previous assessed
$21,696,284
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$12,197,529
Assessed improvement
$9,498,755
Applied tax rate
4.0000
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
2017
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Total area
125,926 SF
Lot
6.22 ac (271,001 SF)
Zoning code
IDM*
APN
8208-011-033
UPID
US09-9903271
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
IDM* · City Of Industry, CAZoning IDM* · permitted uses
IDM* · City Of Industry, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$31.9M
OFFICE BUILDING
Est. value
$38.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$31.1M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
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
2017
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Lot
6.22 ac
Current owner
From public records · entity-resolved
Oceanside Investment Group LLC
Entity
Mailing address
15000 NELSON AVE, CITY OF INDUSTRY, CA 91744-4331
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2025
—
Oceanside Investment Group LLC
—
Deed
related
$15,000,000 · Evertrust Bank
Feb 28, 2024
$24,169,000
Oceanside Investment Group LLC
Nguyen Vy USA Investment Proprietar
Grant Deed
$12,000,000 · Nguyen Vy USA Investment Proprietar
Jan 18, 2017
$18,880,000
Nguyen Vy USA Inv Proprietar
Crp Of Dedeaux 15000 Nelson Owner
Grant Deed
—
Jun 3, 2015
$6,706,000
Crp Of Dedeaux 15000 Nelson Owner
Dedeaux Properties LLC
Grant Deed
—
May 10, 2007
—
Dooley,brian Trust
Dooley Family Trust
Quit Claim Deed
—
Mar 7, 2005
—
Dooley Family Trust
Dooley Family Trust
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.
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