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Property profile & analytics
OFF-MARKET
Estimated value
$4,240,000
Manufacturing properties
15023 Ramona Blvd Baldwin Park, CA 91706-3442
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7878941
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1987
Construction
TILT-UP CONCRETE
Total area
17,420 SF
Lot
0.83 ac (36,184 SF)
Zoning code
BPI*
APN
8437-021-006
UPID
US09-7878941
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
$4.12M
CAP Approach
CAP
$3.13M
Comparable Approach
Comparable
$3.02M
Blend (final)
Blend
$4.24M
Owner & transaction history
K8 Investor Holdings LLC · 4 yrs held
K8 Investor Holdings LLC
since 2022
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
BPI* · Baldwin Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.9M
+31.6%
Commercial (general)
$5.4M
+20.1%
Retail stores
$5.2M
+16.9%
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 Baldwin Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Baldwin Park 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
$3,845,000
ML approach
$4,120,000
CAP Approach
CAP Return
Estimation
6%
$3,395,000
6.5%
$3,130,000
7%
$2,910,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,485,000
Current use
AUTO REPAIR, GARAGE
$5,900,000
Change: +32% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,380,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$5,240,000
Change: +17% · Conversion: Moderate
OFFICE BUILDING
$4,390,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$4.24M
Range $3.82M – $4.66M · ±10% · vs last sale $4.50M (Mar 9 2022)
Last sale anchor
$4.50M
Mar 9 2022
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
$243 / 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
$75,307
Tax year 2024
Assessed value
$5,264,424
Assessed 2024
Previous assessed
$5,264,424
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$4,057,560
Assessed improvement
$1,206,864
Applied tax rate
2.0000
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
FOOD PROCESSING
Status
Off-Market
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
17,420 SF
Lot
0.83 ac (36,184 SF)
Zoning code
BPI*
APN
8437-021-006
UPID
US09-7878941
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BPI* · Baldwin Park, CA
Zoning BPI* · permitted uses
BPI* · Baldwin Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Baldwin Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$5.9M
COMMERCIAL (GENERAL)
Est. value
$5.4M
RETAIL STORES
Est. value
$5.2M
OFFICE BUILDING
Est. value
$4.4M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
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
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
K8 Investor Holdings LLC
Entity
Mailing address
120 S SIERRA AVE, SOLANA BEACH, CA 92075-1873
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Mar 9, 2022
$100,000
K8 Investor Holdings LLC
K8 Re Holdings LLC
Trustees Deed
related
—
Dec 21, 2021
—
Cna Foreclosure Services INC
—
Deed
related
$79,500 · K8 Re Holdings LLC
Dec 8, 2020
—
K8 Re Holdings LLC
—
Deed
related
$3,548,273 · K8 Investor Holdings LLC
Feb 6, 2019
—
K8 Re Holdings LLC
Continental Ramona LLC
Quit Claim Deed
related
—
Feb 5, 2019
$4,500,000
K8 Re Holdings LLC
Continental Ramona LLC
Grant Deed
$3,000,000 · Continental Ramona LLC
Feb 4, 1999
—
Ramona Continental
Roll INC,
Grant Deed
related
—
Sep 22, 1995
—
Roll INC
Contnl,ramona II
Grant Deed
related
—
—
—
Continental Ramo
—
Deed Of Trust
related
$660,000 · Standard Insurance Co
—
—
Roll INC
—
Deed Of Trust
related
$625,000 · Fremont Investment & Loan
—
—
Continental Ramona LLC
—
Deed Of Trust
related
$211,000 · Founders Investment Co INC
—
—
K8 Re Holdings LLC
—
Deed Of Trust
related
$3,548,273 · K8 Investor Holdings LLC
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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