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Property profile & analytics
OFF-MARKET
Estimated value
$8,575,000
Warehouses
15408 Blackburn Ave, Norwalk, CA 90650-6843
Individually Owned
24-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6293464
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Construction
TILT-UP CONCRETE
Total area
60,000 SF
Lot
2.48 ac (107,870 SF)
Zoning code
NOM2*
APN
8082-033-034
UPID
US09-6293464
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
$12.00M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.58M
Owner & transaction history
Park B Pfg · 24 yrs held
Park B Pfg
since 2001
5 recorded transactions
Zoning & alternative use
NOM2* · Norwalk, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Norwalk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwalk 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%
$12,995,000
6.5%
$11,995,000
7%
$11,135,000
Blend value · Realmo final
$8.58M
Range $7.72M – $9.43M · ±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
$143 / 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
$89,400
Tax year 2024
Assessed value
$6,649,706
Assessed 2024
Previous assessed
$6,649,706
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$3,694,282
Assessed improvement
$2,955,424
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
60,000 SF
Lot
2.48 ac (107,870 SF)
Zoning code
NOM2*
APN
8082-033-034
UPID
US09-6293464
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
NOM2* · Norwalk, CA
Zoning NOM2* · permitted uses
NOM2* · Norwalk, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norwalk. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
2.48 ac
Current owner
From public records · entity-resolved
Park B Pfg
Individual
Free & Clear · 24 yrs held
Mailing address
60 STATE ST STE #2200, BOSTON, MA 02109-1884
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2001
—
Park B Pfg
Patri
Grant Deed
related
—
Apr 4, 2001
—
Amb-sgp Cif California LLC
Amb Property LP
Grant Deed
related
—
Dec 4, 1997
$1,009,000
Amb Prop
Amb Prop,
Grant Deed
related
—
Sep 28, 1994
—
Amb Industrial Income Fund INC
University Bank & Trust Co
Grant Deed
related
—
—
—
Amb-sgp Cif-california LLC
—
Deed Of Trust
related
—
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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