New search
Property profile & analytics
FOR LEASE
Office buildings
16012 S Western Ave Gardena, CA 90247
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-8080479
For Lease
1 / 10
$2,200/Mo
16012 S Western Ave, Gardena, CA 90247
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
WOOD
Total area
11,024 SF
Lot
0.37 ac (15,907 SF)
Zoning code
GAMUO
APN
6105-010-063
UPID
US09-8080479
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
-
Golden State Drayage Co Trucking Company
-
Neodynetics Corporation Research Institute
-
Bar Mutual Insurance Agency Insurance Agency
-
KCTC International America Freight Service Logistics Company
-
Elite Home Care, LLC Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.00M
Blend (final)
Blend
$2.25M
Owner & transaction history
16012 S Western Ave LLC · 13 yrs held
16012 S Western Ave LLC
since 2013
7 recorded transactions
Zoning & alternative use
GAMUO · Gardena, 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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,525,000
Current use
COMMERCIAL (GENERAL)
$3,520,000
Change: 0% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,305,000
Change: -6% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,100,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$2.25M
Range $2.02M – $2.47M · ±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
$204 / 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
$28,935
Tax year 2024
Assessed value
$2,186,521
Assessed 2024
Previous assessed
$2,186,521
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$437,300
Assessed improvement
$1,749,221
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1988
Construction
WOOD
Heating
NONE
Units
7
Total area
11,024 SF
Lot
0.37 ac (15,907 SF)
Zoning code
GAMUO
APN
6105-010-063
UPID
US09-8080479
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GAMUO · Gardena, CA
Zoning GAMUO · permitted uses
GAMUO · 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
OFFICE BUILDING Current
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.5M
INDUSTRIAL (GENERAL)
Est. value
$3.3M
WAREHOUSE, STORAGE
Est. value
$3.1M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
1988
Construction
WOOD
Heating
NONE
Units
7
Lot
0.37 ac
Current owner
From public records · entity-resolved
16012 S Western Ave LLC
Entity
Mailing address
PO BOX 3557, GARDENA, CA 90247-7257
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2020
—
16012 S Western Ave LLC
—
Deed
related
$1,230,000 · Cathay Bank
Jul 6, 2018
—
16012 S Western Ave LLC
—
Deed
related
$900,000 · Preferred Bk
Jun 6, 2013
—
16012 S Western Ave LLC
Wong,glenn
Grant Deed
—
Jun 20, 2005
$1,600,000
Glenn Wong
Apollo Holdings LLC
Grant Deed
$1,120,000 · Far East National Bank
Jun 29, 2001
$760,000
Apollo Holdings LLC
Matsumoto Trust
Grant Deed
related
$500,000 · Guaranty Bank California
Aug 16, 1996
—
Shigeru Matsumoto
Matsumoto,s & E T
Quit Claim Deed
related
—
Aug 15, 1989
$240,000
T Matsumoto
Mats
Grant Deed
related
—
Apr 7, 1989
—
T Matsumoto
Matsu
Quit Claim Deed
related
—
—
—
Apollo Holdings LLC
—
Deed Of Trust
related
$400,000 · Robert Y Nagata
—
—
Matsumoto Trust
—
Deed Of Trust
related
$455,000 · Imperial Thrift & Loan
—
—
16012 S Western Ave LLC
—
Deed Of Trust
related
$900,000 · Preferred Bank
—
—
16012 S Western Ave LLC
—
Loan Modification
related
$900,000 · Preferred Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
