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Property profile & analytics
FOR SALE
Warehouses
15503 Blackburn Ave, Norwalk, CA 90650
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6293450
For Sale
1 / 3
$2,685,000
15503 Blackburn Ave, Norwalk, CA 90650
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Construction
TILT-UP CONCRETE
Total area
20,024 SF
Lot
1.1 ac (47,941 SF)
Zoning code
NOM2*
APN
8082-033-027
UPID
US09-6293450
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
Current use
Occupant on record · Public records
-
MINER Docks, Doors, and More Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.69M
Owner & transaction history
Norwalk Industrial Sub LLC · 7 yrs held
Norwalk Industrial Sub LLC
since 2018
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$134 / 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
$27,019
Tax year 2024
Assessed value
$1,923,743
Assessed 2024
Previous assessed
$1,923,743
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,084,577
Assessed improvement
$839,166
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
For Sale
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
20,024 SF
Lot
1.1 ac (47,941 SF)
Zoning code
NOM2*
APN
8082-033-027
UPID
US09-6293450
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
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Norwalk Industrial Sub LLC
Entity
Mailing address
711 HIGH ST, DES MOINES, IA 50392-0001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Nov 1, 2018
—
Norwalk Industrial Sub LLC
Norwalk Industrial I LLC
Quit Claim Deed
$8,600,000 · Miscellaneous Ins Co
Sep 22, 2017
$27,076,000
Norwalk Indl Sub Exchange LLC
Majestic-norwalk LLC
Grant Deed
related
—
Mar 10, 2009
—
Majestic-norwalk LLC
—
Deed Of Trust
related
$6,700,000 · John Hancock Life Insurance Co
Dec 1, 2005
—
Norwalk Industrial I LLC
Principal R/e Holding Co LLC
Grant Deed
—
Nov 30, 2005
—
Principal Life Insurance Co
Pfg Norwalk
Grant Deed
—
Mar 20, 2002
—
Majestic Norwalk LLC
—
Deed Of Trust
related
$6,800,000 · Sunamerica Life Insurance Co
—
—
Pfg Norwalk LP
—
Deed Of Trust
related
$597,370 · Principal Life Insurance Co
—
—
Pfg Norwalk LP
—
Deed Of Trust
related
$400,000 · Principal Life Insurance Co
—
—
Pfg Norwalk LP
—
Deed Of Trust
related
$275,000 · Principal Life Insurance Co
—
—
Pfg Norwalk LP
—
Deed Of Trust
related
$400,000 · Principal Life Insurance Co
—
—
Pfg Norwalk LP
—
Deed Of Trust
related
$770,000 · Principal Life Insurance Co
—
—
Pfg Norwalk LP
—
Deed Of Trust
related
$686,596 · Principal Life Insurance Co
—
—
Pfg Norwalk LP
—
Deed Of Trust
related
$420,000 · Principal Life Insurance Co
—
—
Pfg Norwalk LP
—
Deed Of Trust
related
$310,000 · Principal Life Insurance Co
—
—
Pfg Norwalk LP
—
Deed Of Trust
related
$810,000 · Principal Life Insurance Co
—
—
Majestic-norwalk LLC
—
Deed Of Trust
related
$8,600,000 · Rga Reinsurance Co
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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