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Property profile & analytics
OFF-MARKET
Estimated value
$2,115,000
Warehouses
15888 Broadway Gardena, CA 90248
Individually Owned
1-yr Hold
Free & Clear
Property ID
US09-8727231
Property summary
AI-generated overview
This exceptional Gardena industrial property, located at 15888 S Broadway St, offers a substantial ±27,878 square feet of space on a 0.64-acre lot. The property is zoned M-2-IP, providing flexibility for a variety of industrial uses. The asking price is $3,850,000, translating to a price per square foot of $138.10. The site includes an existing warehouse structure of approximately 11,300 square feet
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1956
Construction
WOOD
Total area
11,210 SF
Lot
0.64 ac (27,662 SF)
Zoning code
LCM2*
APN
6125-002-022
UPID
US09-8727231
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
$2.25M
Comparable Approach
Comparable
$2.22M
Blend (final)
Blend
$2.12M
Owner & transaction history
Mohammad Javad Ahmadinia · 1 yrs held
Mohammad Javad Ahmadinia
since 2025
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
LCM2* · Gardena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.3M
+8.9%
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 Gardena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gardena 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%
$2,430,000
6.5%
$2,245,000
7%
$2,085,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,020,000
Current use
RETAIL STORES
$3,290,000
Change: +9% · Conversion: Moderate
Blend value · Realmo final
$2.12M
Range $1.90M – $2.33M · ±10% · vs last sale $2.00M (Jan 4 2025)
Last sale anchor
$2.00M
Jan 4 2025
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
$189 / 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
$8,233
Tax year 2024
Assessed value
$439,724
Assessed 2024
Previous assessed
$439,724
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$236,150
Assessed improvement
$203,574
Applied tax rate
1.0000
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
1956
Construction
WOOD
Heating
NONE
Stories
1
Total area
11,210 SF
Lot
0.64 ac (27,662 SF)
Zoning code
LCM2*
APN
6125-002-022
UPID
US09-8727231
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCM2* · Gardena, CA
Zoning LCM2* · permitted uses
LCM2* · Gardena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gardena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.0M
RETAIL STORES
Est. value
$3.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
1956
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Mohammad Javad Ahmadinia
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 790, SEAL BEACH, CA 90740-0790
Ownership since
2025
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
Apr 4, 2025
—
Mohammad Javad Ahmadinia
Mohammad Taghi Ahmadinia
Deed
—
Apr 4, 2025
$2,000,000
South Broadway Leasing LLC
Mohammad Javad Ahmadinia
Grant Deed
—
May 2, 2006
—
Ahmadinia M T Family Trust
Ahmadinia,mohammad T
Quit Claim Deed
related
—
Mar 5, 1996
—
Mohammad A Ahmadinia
Ahmadinia,s
Quit Claim Deed
related
—
Mar 5, 1996
$270,000
Ahmadinia,mohammad T & Behjat A
West Coast Supply Corp
Trustees Deed
—
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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