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Property profile & analytics
FOR SALE
Retail space
1605 Ctr St San Pedro, CA 90731-4827
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7577252
No photos on file
For Sale
Contact for pricing
1605 Ctr St, San Pedro, CA 90731-4827
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1937
Construction
WOOD
Total area
2,240 SF
Lot
0.1 ac (4,502 SF)
Zoning code
LAR2
APN
7456-024-011
UPID
US09-7577252
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
by Request
Comparable Approach
Comparable
$708k
Blend (final)
Blend
$300k
Owner & transaction history
Khoury,raymond Trust · 6 yrs held
Khoury,raymond Trust
since 2019
6 recorded transactions
Zoning & alternative use
LAR2 · San Pedro, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$660,000
+24.6%
Commercial (general)
$585,000
+11.2%
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 San Pedro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Pedro 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
RETAIL STORES
$530,000
Current use
WAREHOUSE, STORAGE
$660,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$585,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$300k
Range $270k – $330k · ±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
$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
$6,378
Tax year 2024
Assessed value
$501,980
Assessed 2024
Previous assessed
$501,980
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$390,430
Assessed improvement
$111,550
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1937
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Total area
2,240 SF
Lot
0.1 ac (4,502 SF)
Zoning code
LAR2
APN
7456-024-011
UPID
US09-7577252
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR2 · San Pedro, CAZoning LAR2 · permitted uses
LAR2 · San Pedro, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$530,000
WAREHOUSE, STORAGE
Est. value
$660,000
COMMERCIAL (GENERAL)
Est. value
$585,000
RETAIL STORES Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1937
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Khoury,raymond Trust
Trust
Mailing address
1401 253RD ST, HARBOR CITY, CA 90710-2710
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2019
—
Khoury,raymond Trust
Khoury,raymond
Quit Claim Deed
related
—
Jun 11, 2018
$450,000
Raymond Khoury
Ban Gammo
Grant Deed
$560,000 · Us Metro Bank
Nov 14, 2011
—
Ban Gammo
Gammo,salam G
Quit Claim Deed
related
—
Nov 14, 2011
$150,000
Ban Gammo
Gammo,raad G & Sue
Grant Deed
related
—
Nov 15, 2002
$245,000
Read G Gammo
Czigeledi,andor & Maria A
Grant Deed
$200,000 · Andor & Maria A Czigeledi
—
—
Raad G Gammo
—
Deed Of Trust
related
$140,000 · Nara 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.
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?”
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