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

    15243 Crenshaw Blvd Gardena, CA 90249-4048

    • Investment properties
    • 1,515 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimations
    $370,000
    Show details
    Cap Rate Potential
    8.6%
    Investment properties
    Location Intelligence
    Property ID
    US09-6335668
    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

    • Investment properties

    Property Details for 15243 Crenshaw Blvd

    Year built
    1942
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Property size
    1,515 SF
    Zone code
    LCC2VV
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    4070-001-014
    APU
    4070001014

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $360,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $510,000
      6.5%
      $470,000
      7%
      $440,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $389,000
      Market price range: $137k - $389k

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

    Location Insight

    • Map
    • Local Demand
    City
    Gardena
    County
    Los Angeles
    State
    California
    Longitude
    -118.327
    Latitude
    33.8926
    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
    $8,990
    $512,462
    $102,484
    $614,946
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $350,000
      3,319 SF

      15118 Crenshaw Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,319 SF
      15118 Crenshaw Blvd, Gardena, CA 90249-4047
      View Details
    • Value Estimation
      $890,000
      2,656 SF

      15122 Crenshaw Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,656 SF
      15122 Crenshaw Blvd, Gardena, CA 90249-4047
      View Details
    • Value Estimation
      $390,000
      2,668 SF

      1839 Marine Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,668 SF
      1839 Marine Ave, Gardena, CA 90249-3801
      View Details
    • Value Estimation
      $725,000
      1,076 SF

      2802 Marine Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,076 SF
      2802 Marine Ave, Gardena, CA 90249-3636
      View Details
    • Value Estimation by Request
      3,921 SF

      14924 Western Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,921 SF
      14924 Western Ave, Gardena, CA 90249-3808
      View Details
    • Value Estimation
      $760,000
      1,478 SF

      2426 Marine Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,478 SF
      2426 Marine Ave, Gardena, CA 90249-3727
      View Details

    Similar Nearby for Sale

    • $1,350,000
      3,900 SF

      Gardena Business Opportunity: Prime Location

      Free-standing building, high ceilings, gated parking.
      14526 Crenshaw Blvd, Gardena, CA 90249
      View Details
    • $748,000
      1,382 SF

      Gardena Mixed-Use Property: Huge Potential

      Spacious home, retail space, large lot.
      2402 Marine Ave, Gardena, CA 90249
      View Details
    • $1,200,000

      Mixed-Use Property on Western Avenue

      Mixed-use property with residential units and commercial space.
      14415 S Western Ave, Gardena, CA 90249
      View Details
    • $1,950,000

      Industrial Warehouse in Gardena Corridor

      5,920 SF warehouse with flexible layout and easy freeway access.
      1527 W El Segundo Blvd, Gardena, CA 90249
      View Details
    • $300,000

      Established Korean Restaurant on Western

      Turn-key restaurant with beer and wine license in Gardena.
      15134 S Western Ave, Gardena, CA 90249
      View Details
    • $3,995,000
      12,331 SF

      Gardena Industrial Complex: Prime Location

      Spacious flex space, ideal for manufacturing/warehouse.
      1646 130Th St, Gardena, CA 90249
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      3,208 SF

      Gardena Retail Center Investment

      Prime Gardena retail space available.
      14730-14842 Crenshaw Blvd, Gardena, CA 90249
      View Details
    • $45 SF/Yr
      6,815 SF

      Gardena Retail Strip Mall Space

      Newly renovated, prime Gardena location.
      2403 Marine Ave, Gardena, CA 90249
      View Details
    • $1.35 SF/Yr
      8,491 SF

      Freestanding Industrial Building For Rent

      Industrial building in a quality business park environment available for rent.
      1936 W 135Th St, Gardena, CA 90249
      View Details
    • $18 SF/Yr
      3,570 SF

      Gardena Executive Office Suites

      Prime Gardena location, multiple suites available
      15520-15530 Crenshaw Blvd, Gardena, CA 90249
      View Details
    • $22 SF/Yr
      5,640 SF

      Gardena Retail/Medical Office Space

      Prime Gardena location, 5,640 sqft available.
      14215 Normandie Ave, Gardena, CA 90249
      View Details
    • $1.65 SF/Yr
      15,603 SF

      Gardena Warehouse Space Available

      15,603 SF Warehouse, 2,496 SF Vacant
      1705 130Th St, Gardena, CA 90249
      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.
    15243 Crenshaw Blvd
    Gardena, CA 90249-4048
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.