Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    15218 San Pedro St Gardena, CA 90248-2350

    • Investment properties
    • 10,891 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimations
    $1,700,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8068334
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • TOP DYNAMICS AUTOMOBILE ENGINEER / Auto Repair Shop
    • Norbert Auto Mobile Repair LLC / Auto Bodywork Mechanic / Mechanic

    Property Details for 15218 San Pedro St

    Year built
    1948
    Construction
    WOOD
    Lot size
    0.41 lot acres
    Property size
    10,891 SF
    Zone code
    LCM1*
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    6139-001-014
    APU
    6139001014

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,241,000
      Market price range: $2.24M - $5.17M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gardena
    County
    Los Angeles
    State
    California
    Longitude
    -118.267
    Latitude
    33.8936
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,788
    $289,658
    $260,690
    $550,348
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $950,000
      2,300 SF

      1520 Artesia Sq, Unit D

      OFFICE/RESIDENTIAL (MIXED USE) • 2,300 SF
      1520 Artesia Sq, Gardena, CA 90248-4743
      View Details
    • Value Estimation
      $1,330,000
      6,322 SF

      1051 190th St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,322 SF
      1051 190th St, Gardena, CA 90248-4302
      View Details
    • Value Estimation
      $615,000
      2,300 SF

      1520 Artesia Sq, Unit E

      OFFICE/RESIDENTIAL (MIXED USE) • 2,300 SF
      1520 Artesia Sq, Gardena, CA 90248-4743
      View Details
    • Value Estimation by Request
      2,309 SF

      17909 Hobart Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,309 SF
      17909 Hobart Blvd, Gardena, CA 90248-3613
      View Details
    • Value Estimation
      $2,900,000
      11,826 SF

      345 Gardena Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 11,826 SF
      345 Gardena Blvd, Gardena, CA 90248-2815
      View Details
    • Value Estimation
      $840,000
      2,728 SF

      15808 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 2,728 SF
      15808 Broadway, Gardena, CA 90248-2404
      View Details

    Similar Nearby for Sale

    • $4,700,000
      6,327 SF

      Gardena Car Wash - Prime Location

      Turn-key car wash, high-end equipment, huge lot.
      16101 Avalon Blvd, Gardena, CA 90248
      View Details
    • $1,500,000
      1,520 SF

      Gardena Industrial Building - $1.5M

      High-demand Gardena industrial property. Autobody shop tenant in place.
      17025 Broadway St, Gardena, CA 90248
      View Details
    • $5,295,000
      25,200 SF

      Gardena Freestanding Industrial Building

      Freestanding industrial building in Gardena, close to major freeways.
      13222 Estrella Ave, Gardena, CA 90248
      View Details
    • $1,250,000

      Industrial Property in Gardena, CA

      Industrial property available for sale in Gardena, California.
      515 E Rosecrans Ave, Gardena, CA 90248
      View Details
    • $7,448,760
      78,408 SF

      Carson Land with Metal Structure

      Large lot with metal structure, suitable for industrial redevelopment.
      18925 Anelo Ave, Gardena, CA 90248
      View Details
    • $4,900,000
      19,292 SF

      Gardena Industrial Property For Sale

      19,292 SF industrial property in Gardena, CA for sale.
      400 W Alondra Blvd, Gardena, CA 90248
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      2,060 SF

      Tri-Level Office Space For Lease

      Move-in ready tri-level office space with natural light.
      1508 W Artesia Sq, Gardena, CA 90248
      View Details
    • Contact for pricing
      2,060 SF

      Tri-Level Live/Work Unit For Rent

      Well-maintained, move-in ready unit with garage parking and abundant light.
      1508 Artesia Blvd, Gardena, CA 90248
      View Details
    • $39 SF/Yr
      107,855 SF

      Gardena Office Space For Lease

      Prime Gardena Office, Restaurant Space Available
      879 190Th St, Gardena, CA 90248
      View Details
    • $1.45 SF/Yr
      56,307 SF

      Carson Warehouse with Flexible Layout

      Warehouse in Carson with flexible layout and low CAM fee.
      W Gardena Blvd, Gardena, CA 90248
      View Details
    • $1.39 SF/Yr
      5,243 SF

      Industrial Space Near Harbor Freeway

      Industrial warehouse space with easy access to major transportation routes.
      261-293 E Redondo Beach Blvd, Gardena, CA 90248
      View Details
    • $0.34 SF/Yr
      28,879 SF

      South-Bay Land for Lease

      Land for lease in prime South-Bay location with freeway access.
      17505 S Main St, Gardena, CA 90248
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15218 San Pedro St
    Gardena, CA 90248-2350
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.