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Property profile & analytics
FOR SALE
Medical Office Space
1629 Crenshaw Blvd, Torrance, CA 90501-3123
Individually Owned
25-yr Hold
~
Est. High Equity
Property ID
US10-0266048
For Sale
1 / 22
$1,450,000
1629 Crenshaw Blvd, Torrance, CA 90501-3123
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1947
Construction
WOOD
Total area
2,324 SF
Lot
0.16 ac (7,017 SF)
Zoning code
TOCC-GEN
APN
7362-033-006
UPID
US10-0266048
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
-
Sunflower Family Dental Office Dental Office
-
Dr. Leah Chin Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Alexander K Chin · 25 yrs held
Alexander K Chin
since 2000
7 recorded transactions
Zoning & alternative use
TOCC-GEN · Torrance, 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 Torrance submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Torrance 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,808
Tax year 2024
Assessed value
$370,680
Assessed 2024
Previous assessed
$370,680
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$258,519
Assessed improvement
$112,161
Applied tax rate
9.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1947
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
2,324 SF
Lot
0.16 ac (7,017 SF)
Zoning code
TOCC-GEN
APN
7362-033-006
UPID
US10-0266048
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TOCC-GEN · Torrance, CA
Zoning TOCC-GEN · permitted uses
TOCC-GEN · Torrance, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Torrance. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Alexander K Chin
Individual
Mailing address
1629 CRENSHAW BLVD, TORRANCE, CA 90501-3123
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2000
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
Dec 29, 2000
$262,000
Alexander K Chin
Eardley Trust
Grant Deed
$170,300 · Pacific Union Bank
Jun 3, 1999
$300,260
Eardley Trust
Teshima,ken T & Rosalinda C
Trustees Deed
—
Jun 3, 1994
—
Ken T Teshima
Teshima,r C
Quit Claim Deed
related
—
Oct 4, 1989
$360,000
Ken T Teshima
Eard
Grant Deed
$300,000 · Eardley John K&b
—
—
Alexander K Chin
—
Deed Of Trust
related
$120,000 · Hanmi Bank
—
—
Alexander K Chin
—
Deed Of Trust
related
$120,000 · Hanmi Bank
—
—
Alexander K Chin
—
Deed Of Trust
related
$141,250 · Hanmi Bank
—
—
Ken T Teshima
—
Deed Of Trust
related
$110,000 · Individual
—
—
Alexander K Chin
—
Deed Of Trust
related
$41,537 · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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