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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Apartment buildings
159 Spruce Ave Inglewood, CA 90301-2753
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7404608
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Total area
5,393 SF
Lot
0.23 ac (10,000 SF)
Zoning code
INP1YY
APN
4021-020-035
UPID
US09-7404608
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
$615k
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$578k
Blend (final)
Blend
$740k
Owner & transaction history
Terry L Johnson · 4 yrs held
Terry L Johnson
since 2021
7 recorded transactions
Zoning & alternative use
INP1YY · Inglewood, 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 Inglewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inglewood 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
$615,000
CAP Approach
CAP Return
Estimation
6%
$1,115,000
6.5%
$1,030,000
7%
$955,000
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$137 / 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
$27,293
Tax year 2024
Assessed value
$2,016,635
Assessed 2024
Previous assessed
$2,016,635
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$1,209,777
Assessed improvement
$806,858
Applied tax rate
4.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1960
Heating
NONE
Cooling
YES
Units
10
Bathrooms
9
Total area
5,393 SF
Lot
0.23 ac (10,000 SF)
Zoning code
INP1YY
APN
4021-020-035
UPID
US09-7404608
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INP1YY · Inglewood, CA
Zoning INP1YY · permitted uses
INP1YY · Inglewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inglewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Cooling
Yes
Units
10
Bathrooms
9
Lot
0.23 ac
Current owner
From public records · entity-resolved
Terry L Johnson
Individual
Mailing address
1021 AMBER LYNN CT, HARBOR CITY, CA 90710-1549
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 10, 2021
—
Terry L Johnson
Waymon Wilson JR
Affidavit Death Of Trustee/successor Trustee
—
Mar 1, 2017
$1,850,000
Waymon Wilson JR
Jesus S Covarrubias
Grant Deed
$1,077,200 · Broadway Federal Bank Fsb
Feb 16, 2017
—
Covarrubias,jesus S Trust
—
Deed
related
$100,000 · Maria I Bravo
Jul 22, 2015
—
Covarrubias,jesus S Trust
Covarrubias,jesus S
Quit Claim Deed
related
—
Oct 31, 2013
—
Jesus S Covarrubias
Feliciana Covarrubias
Affidavit Of Death Of Joint Tenant
related
$500,000 · Jpmorgan Chase Bank NA
Oct 29, 2004
—
Jesus S Covarrubias
Covarrubias,noe
Quit Claim Deed
related
$500,000 · Washington Mutual Fsb
Feb 26, 2002
—
Laura Prieto
Reliable Mercury Service
Quit Claim Deed
related
—
Feb 15, 2002
$360,000
Jesus S Covarrubias
Prieto,lauro & Maria
Grant Deed
$231,000 · Washington Mutual Fsb
Feb 15, 2002
—
Noe Covarrubias
Covarrubias,m J
Quit Claim Deed
related
—
Mar 10, 1999
$30,000
Lauro Prieto
—
Grant Deed
related
—
Dec 22, 1998
—
Manuel Prieto
—
Deed Of Trust
related
—
Sep 24, 1998
—
Margaret Attalla
Agia G Trustee,
Quit Claim Deed
related
—
Sep 24, 1998
$56,500
Mayorga,filiberto
Attalla,margaret
Trustees Deed
$213,732 · Individual
—
—
Covarrubias,jesus S Trust
—
Deed Of Trust
related
$50,000 · Pedro S Mercado
—
—
Covarrubias,jesus S Trust
—
Deed Of Trust
related
$15,000 · Pedro S Mercado
—
—
Covarrubias,jesus S Trust
—
Deed Of Trust
related
$100,000 · Maria I Bravo
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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