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Property profile & analytics
OFF-MARKET
Estimated value
$5,815,000
Motels
16224 Western Ave Gardena, CA 90247-4632
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-8487357
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1966
Construction
WOOD
Total area
7,650 SF
Lot
0.33 ac (14,592 SF)
Zoning code
GAO
APN
6105-004-036
UPID
US09-8487357
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
$7.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.41M
Blend (final)
Blend
$5.82M
Owner & transaction history
Anjani Management INC · 5 yrs held
Anjani Management INC
since 2020
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
GAO · Gardena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.0M
+54.7%
Auto repair, garage
$4.9M
+53.3%
Neighborhood: shopping center
$4.7M
+44.6%
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
$7,075,000
ML approach
$7,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,980,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,935,000
Change: +53% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,655,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$5.82M
Range $5.23M – $6.40M · ±10% · vs last sale $5.25M (Aug 24 2020)
Last sale anchor
$5.25M
Aug 24 2020
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
$760 / 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
$27,336
Tax year 2024
Assessed value
$2,032,211
Assessed 2024
Previous assessed
$2,032,211
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$1,255,408
Assessed improvement
$776,803
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
NONE
Stories
2
Units
22
Bathrooms
22
Total area
7,650 SF
Lot
0.33 ac (14,592 SF)
Zoning code
GAO
APN
6105-004-036
UPID
US09-8487357
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GAO · Gardena, CAZoning GAO · permitted uses
GAO · Gardena, 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
RESTAURANT
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$4.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.7M
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1966
Construction
WOOD
Heating
NONE
Stories
2
Units
22
Bathrooms
22
Lot
0.33 ac
Current owner
From public records · entity-resolved
Anjani Management INC
Entity
Mailing address
16240 S WESTERN AVE, GARDENA, CA 90247-4632
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2026
—
Anjani Management INC
—
Deed
related
$5,400,000 · Ennerdale 428 Lincoln LLC
Jan 16, 2026
—
Anjani Management INC
—
Deed
related
$2,795,000 · Hana Bank USA NA
Aug 24, 2020
$5,250,000
Anjani Management INC
The Highlander Group LP
Grant Deed
$3,250,000 · Pacific City Bank
Apr 30, 2012
—
Highlander Group LP
—
Deed Of Trust
related
$1,860,000 · Wilshire State Bank
Jan 22, 1991
$2,020,000
Kyong S Kim
Gardena Plaza
Grant Deed
$1,100,000 · Sumitomo Bank
—
—
Kyong S Kim
—
Deed Of Trust
related
$180,000 · Individual
—
—
Kim Trust
—
Deed Of Trust
related
$850,000 · Hanmi 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.
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