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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Retail properties & Spaces
15032 Normandie Ave Gardena, CA 90247-2922
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7583624
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1960
Construction
TILT-UP CONCRETE
Total area
2,238 SF
Lot
0.12 ac (5,306 SF)
Zoning code
GAC3
APN
6114-007-039
UPID
US09-7583624
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
Current use
Occupant on record · Public records
-
Concreet Community Development Foundation Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$825k
Owner & transaction history
Boricua Holdings LLC · 4 yrs held
Boricua Holdings LLC
since 2021
Last sale
$800,008
7 recorded transactions
Zoning & alternative use
GAC3 · Gardena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.4M
+87.7%
Medical building
$1.0M
+40.2%
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 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
$830,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$725,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,360,000
Change: +88% · Conversion: Difficult
MEDICAL BUILDING
$1,015,000
Change: +40% · Conversion: Difficult
OFFICE BUILDING
$715,000
Change: -1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$715,000
Change: -1% · Conversion: Difficult
WAREHOUSE, STORAGE
$630,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$825k
Range $743k – $908k · ±10% · vs last sale $800k (Sep 9 2021)
Last sale anchor
$800k
Sep 9 2021
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
$369 / 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
$10,600
Tax year 2024
Assessed value
$832,320
Assessed 2024
Previous assessed
$832,320
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$520,200
Assessed improvement
$312,120
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,238 SF
Lot
0.12 ac (5,306 SF)
Zoning code
GAC3
APN
6114-007-039
UPID
US09-7583624
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GAC3 · Gardena, CA
Zoning GAC3 · permitted uses
GAC3 · 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
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$715,000
WAREHOUSE, STORAGE
Est. value
$630,000
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Boricua Holdings LLC
Entity
Mailing address
2851 S 45TH ST, PHOENIX, AZ 85040-1711
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2021
—
Boricua Holdings LLC
—
Deed
related
$327,000 · The Mortgage Capital Development Corp
Sep 9, 2021
$800,000
Boricua Holdings LLC
Picopro LLC
Grant Deed
$400,000 · Jpmorgan Chase Bank NA
Dec 24, 2019
—
Picopro LLC
—
Trustees Deed
related
$900,000 · First Charter Capital INC
Nov 18, 2019
—
Picopro LLC
Pro Loughlin Properties LLC
Quit Claim Deed
—
Aug 17, 2018
—
Patrick Mcdonald
Mcdonald,kelly
Quit Claim Deed
related
—
Aug 17, 2018
$544,000
Pro Loughlin Properties LLC
Kim,suk H & Min S
Grant Deed
$272,000 · Lone Oak Fund
Sep 10, 2004
$330,000
Suk H Kim
Song,ki P
Grant Deed
$230,000 · Nara Bank
Mar 25, 1998
$162,000
Ki P Song
Gill,marilyn J
Grant Deed
$129,600 · Saehan Bank
May 13, 1993
$56,351
Marilyn J Gill
Alexander,rosenw
Trustees Deed
related
—
—
—
Rosenwald Alexander
—
Deed Of Trust
related
—
—
—
Ki P Song
—
Deed Of Trust
related
$50,000 · Saehan Bank
—
—
Suk H Kim
—
Deed Of Trust
related
$200,000 · Nara Bank
—
—
Rosenwald Alexander
—
Deed Of Trust
related
—
—
—
Suk H Kim
—
Deed Of Trust
related
$220,000 · Hanmi Bank
—
—
Rosewald Alexander
—
Deed Of Trust
related
$1,000 · Union Home Loan
—
—
Rosenw Alexander
—
Deed Of Trust
related
$12,350 · Home Budget Loans
—
—
Alexander Rosenw
—
Deed Of Trust
related
$40,000 · Home Budget Loans
—
—
Alexander Rosenw
—
Deed Of Trust
related
$19,200 · Home Budget Loans
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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