Trust Owned Property summary
AI-generated overview
This exceptional owner-user opportunity presents a 5,450-square-foot warehouse in Lawndale, California. Located at 15223 Grevillea Ave, 90260, this property boasts two distinct structures: a dedicated autobody garage and a two-story building. The two-story building offers a reception area, ample storage space, and office areas, providing versatile functionality. The entire property sits on a substantial 9,026-square-foot lot, zoned LNM1YY. Built in 1958, this property is priced at $1,550,000, translating to $284.40 per square foot. The property consists of one unit and is currently vacant, with an occupancy date of October 5, 2024. The APN is 4079003033. This is a rare chance to acquire a well-situated industrial property in a thriving Los Angeles County location, ideal for an owner-occupier seeking a blend of warehouse and office space. The property's layout and size offer significant potential for various business applications. The vacant status allows for immediate customization to meet specific operational needs. Don't miss this chance to secure a prime industrial asset in Lawndale.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1958
Construction
TILT-UP CONCRETE
Total area
5,450 SF
Lot
0.21 ac (9,024 SF)
Zoning code
LNM1YY
APN
4079-003-033
UPID
US09-9814586
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$980k
Comparable Approach
Comparable
$776k
Blend (final)
Blend
$245k
Owner & transaction history
since 2025
Last sale
$1.3M
1 recorded transaction
Zoning & alternative use
LNM1YY · Lawndale, CA
Top alternative use upside
Commercial (general)
$1.7M
+13.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$245k
Value range
$221k – $270k
±10% around blend
Estimated value / SF
$45 / SF
Confidence
High
12 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
100
$221k
blend $245k
$270k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,450 SF
Lot area
0.21 ac
Year built
1958
Stories
1
APN
4079-003-033
Zoning
LNM1YY
Assessed value
$281,946
Annual tax
$5,643
3
Income approach: direct capitalization
Partial preview
Income approach indication
$980k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.06M
@ 6.5% CAP return
$980k
@ 7% CAP return
$910k
4
Sales comparison
Partial preview
Sales approach indication
$1.44M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.3 mi away · 6,000 SF
4.9 mi away · 5,970 SF
5.0 mi away · 3,864 SF
5.0 mi away · 3,948 SF
6.2 mi away · 5,060 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$245k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 3630 sales
$272
-83%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $45/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+14%
vs current-use indication
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.30M
Move the market yield to see immediate price impact.
Value / SF
$239
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$82k
$1.64M
$1.17M
$910k
$91k
$1.82M
$1.30M
$1.01M
$100k
$2.00M
$1.43M
$1.11M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$600k
2.6 mi · Dec 2025 · $91/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,643
Tax year 2024
Assessed value
$281,946
Assessed 2024
Previous assessed
$281,946
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$103,887
Assessed improvement
$178,059
Applied tax rate
12.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
5,450 SF
Lot
0.21 ac (9,024 SF)
Zoning code
LNM1YY
APN
4079-003-033
UPID
US09-9814586
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LNM1YY · Lawndale, CAZoning LNM1YY · permitted uses
LNM1YY · Lawndale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
0.21 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LNM1YY
Jurisdiction
Lawndale, CA
Recorded code
LNM1YY
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LNM1YY in Lawndale, CA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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