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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Office buildings
1621 Centinela Ave Inglewood, CA 90302-1024
Individually Owned
29-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6433128
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1961
Construction
WOOD
Total area
3,995 SF
Lot
0.16 ac (7,082 SF)
Zoning code
INC2YY
APN
4017-002-038
UPID
US09-6433128
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
-
Hart In The House Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$655k
Blend (final)
Blend
$670k
Owner & transaction history
Centinla Assoc · 29 yrs held
Centinla Assoc
since 1997
7 recorded transactions
Zoning & alternative use
INC2YY · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,105,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$168 / 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
$5,500
Tax year 2024
Assessed value
$319,322
Assessed 2024
Previous assessed
$319,322
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$71,837
Assessed improvement
$247,485
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1961
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
2
Bathrooms
10
Total area
3,995 SF
Lot
0.16 ac (7,082 SF)
Zoning code
INC2YY
APN
4017-002-038
UPID
US09-6433128
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INC2YY · Inglewood, CA
Zoning INC2YY · permitted uses
INC2YY · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.1M
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
1961
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
2
Bathrooms
10
Lot
0.16 ac
Current owner
From public records · entity-resolved
Centinla Assoc
Individual
Mailing address
1384 JONESBORO DR, LOS ANGELES, CA 90049-3625
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 1997
$200,000
Centinla Assoc
Southern Pacific Thrift & Loan
Grant Deed
$170,000 · Southern Pacific Thrift & Loan
Apr 16, 1996
$359,929
Pacific Thrift Southern
Eldridge,nello G & Ginger K
Trustees Deed
related
—
Sep 21, 1993
$107,000
Jonathon J Marder
Cramer,glenn P &
Grant Deed
$79,950 · First Nationwide Bank
Aug 18, 1993
$120,500
Edward C Low
Cramer,glenn P &
Grant Deed
$90,350 · M West Mortgage Corp
Aug 17, 1993
$120,500
Kenneth L Harris
Cramer,glenn P &
Grant Deed
—
Jul 8, 1993
$95,000
Edward Corin
Cramer,glenn P &
Grant Deed
$70,000 · Plaza Home Mortgage Bank
Oct 26, 1989
—
Nello G Eldridge
Eldridge Nello G
Quit Claim Deed
related
$298,000 · Southern Pacific Thrift & Loan
—
—
Nello G Eldridge
—
Deed Of Trust
related
$32,000 · Individual
—
—
Glenn P Cramer
—
Deed Of Trust
related
$90,000 · Individual
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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