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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Warehouses
15523 Illinois Ave Paramount, CA 90723-4110
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-8479629
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Construction
TILT-UP CONCRETE
Total area
9,600 SF
Lot
0.34 ac (15,002 SF)
Zoning code
PAM2*
APN
6240-020-010
UPID
US09-8479629
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
$1.92M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.55M
Owner & transaction history
Sj Brands LLC · 6 yrs held
Sj Brands LLC
since 2019
7 recorded transactions
Zoning & alternative use
PAM2* · Paramount, 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 Paramount submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paramount 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%
$2,080,000
6.5%
$1,920,000
7%
$1,785,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,470,000
Current use
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±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
$161 / 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
$20,956
Tax year 2024
Assessed value
$1,543,968
Assessed 2024
Previous assessed
$1,543,968
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$964,981
Assessed improvement
$578,987
Applied tax rate
7.0000
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
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
9,600 SF
Lot
0.34 ac (15,002 SF)
Zoning code
PAM2*
APN
6240-020-010
UPID
US09-8479629
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PAM2* · Paramount, CA
Zoning PAM2* · permitted uses
PAM2* · Paramount, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paramount. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.5M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Sj Brands LLC
Entity
Mailing address
15523 ILLINOIS AVE, PARAMOUNT, CA 90723-4110
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2022
—
Sj Brands LLC
—
Deed
related
$1,600,000 · Bbcn Bank
Jan 28, 2020
—
Sj Brands LLC
—
Deed
related
$594,000 · So Cal Cdc
Nov 19, 2019
$1,440,000
Sj Brands LLC
J L & Sons Properties LLC
Grant Deed
$614,000 · Bank Of Hope
Aug 31, 2004
$500,227
J L & Sons Properties LLC
Trimino C C Trust Agreement
Grant Deed
$950,400 · Cnl Commercial Lending Corp
Jun 23, 1992
—
Trimino Carmen Tr
—
Deed Of Trust
related
—
Feb 20, 1990
—
Jose M Trimino
Trimino Carmen F
Quit Claim Deed
related
$300,000 · First Statewide Mortgage
Feb 20, 1990
$590,000
Trimino Carmen F
Trimino Jose M&
Trustees Deed
related
—
—
—
Sj Brands LLC
—
Deed Of Trust
related
$614,000 · Bank Of Hope
—
—
Sj Brands LLC
—
Deed Of Trust
related
$594,000 · So Cal Cdc
—
—
Trimino Trust
—
Deed Of Trust
related
$275,000 · Urman Trust
—
—
Trimino Trust
—
Deed Of Trust
related
$255,000 · Individual
—
—
Carmen F Trimino
—
Deed Of Trust
related
$30,000 · Mercury Home Loan
—
—
Jl & Sons Properties LLC
—
Deed Of Trust
related
$1,800,000 · Seacoast Commerce Bank
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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