Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,895,000
Retail space
1505 Pacific Ave San Pedro, CA 90731-4724
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8380714
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
TILT-UP CONCRETE
Total area
12,897 SF
Lot
0.54 ac (23,724 SF)
Zoning code
LAC2
APN
7454-032-025
UPID
US09-8380714
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
$1.97M
Blend (final)
Blend
$2.90M
Owner & transaction history
Cniz LLC · 7 yrs held
Cniz LLC
since 2019
7 recorded transactions
Zoning & alternative use
LAC2 · San Pedro, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$3.8M
+24.6%
Industrial (general)
$3.5M
+15.2%
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 San Pedro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Pedro 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
RETAIL STORES
$3,040,000
Current use
WAREHOUSE, STORAGE
$3,790,000
Change: +25% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,505,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$2.90M
Range $2.61M – $3.18M · ±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
$224 / 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
$55,527
Tax year 2024
Assessed value
$4,435,824
Assessed 2024
Previous assessed
$4,435,824
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$3,280,937
Assessed improvement
$1,154,887
Applied tax rate
13.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
12,897 SF
Lot
0.54 ac (23,724 SF)
Zoning code
LAC2
APN
7454-032-025
UPID
US09-8380714
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · San Pedro, CA
Zoning LAC2 · permitted uses
LAC2 · San Pedro, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Pedro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.0M
WAREHOUSE, STORAGE
Est. value
$3.8M
INDUSTRIAL (GENERAL)
Est. value
$3.5M
RETAIL STORES Current
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1920
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Cniz LLC
Entity
Mailing address
30840 CARTIER DR, RANCHO PALOS VERDES, CA 90275-5639
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2019
—
Cniz LLC
Zhen,chao
Quit Claim Deed
—
Nov 29, 2018
$4,057,000
Zhen Chao
Uriel Anaheim Holdings LLC
Grant Deed
$2,500,000 · East West Bank
Jan 24, 2014
$1,500,000
Uriel Anaheim Holdings LLC
Sarich,angelko
Grant Deed
$650,000 · Angelko Sarich
Jun 17, 2004
—
Angelko Sarich
Sarich,dusan & Marija
Quit Claim Deed
related
—
Sep 26, 1995
$1,781,818
Angelko Sarich
Federal Depository Ins Corp
Grant Deed
$280,000 · Bank Of San Pedro
Jul 26, 1993
—
Bank Of San Pedro
—
Deed Of Trust
related
—
Jun 11, 1993
—
Dalcin Darryl E Co Tr
—
Deed Of Trust
related
—
Dec 31, 1992
—
Marjorie E Bostick
—
Deed Of Trust
related
—
Feb 7, 1990
$1,425,000
Dalcin Tr
Ray
Grant Deed
$1,140,000 · Bank Of San Pedro
Apr 3, 1989
—
Ray
Dailey Michael R
Trustees Deed
related
—
—
—
Angelko Sarich
—
Deed Of Trust
related
—
—
—
Angelko Sarich
—
Deed Of Trust
related
$400,000 · Bay Cities National Bank
—
—
Angelko Sarich
—
Deed Of Trust
related
$100,000 · Bob Todd
—
—
Uriel Anaheim Holdings LLC
—
Deed Of Trust
related
$2,130,000 · Premier America FCU
—
—
Angelko Sarich
—
Deed Of Trust
related
$60,525 · Peter Torres
—
—
Urien Anaheim Holdings LLC
—
Deed Of Trust
related
$775,000 · Ppi Cap 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1505 Pacific Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
