New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Manufacturing properties
16312 Garfield Ave Paramount, CA 90723-4821
Trust Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8597094
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1966
Construction
TILT-UP CONCRETE
Total area
24,336 SF
Lot
1.16 ac (50,361 SF)
Zoning code
PAM1*
APN
7102-019-035
UPID
US09-8597094
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
-
Foil Image Marketing & Advertising Printing Service
-
Pack-It Out Moving Company Storage Facility
-
CG Solid Surface Inc. Kitchen & Bath Showroom Hardware & Home Improvement
-
Action Hydraulics Sales & Services General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.40M
Owner & transaction history
Freitag Family Trust · 14 yrs held
Freitag Family Trust
since 2012
6 recorded transactions
Zoning & alternative use
PAM1* · Paramount, 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 Paramount submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paramount 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
$99 / 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
$25,773
Tax year 2024
Assessed value
$1,643,954
Assessed 2024
Previous assessed
$1,643,954
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$753,416
Assessed improvement
$890,538
Applied tax rate
7.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Bathrooms
14
Total area
24,336 SF
Lot
1.16 ac (50,361 SF)
Zoning code
PAM1*
APN
7102-019-035
UPID
US09-8597094
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PAM1* · Paramount, CA
Zoning PAM1* · permitted uses
PAM1* · Paramount, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paramount. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Bathrooms
14
Lot
1.16 ac
Current owner
From public records · entity-resolved
Freitag Family Trust
Trust
Mailing address
11620 WILSHIRE BLVD STE #1000, LOS ANGELES, CA 90025-6821
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Feb 10, 2022
—
Garfield Jackson LLC
—
Deed
related
$1,800,000 · Jpmorgan Chase Bank NA
Apr 6, 2012
—
Freitag Family Trust
Freitag,david
Quit Claim Deed
$1,000,000 · Jpmorgan Chase Bank NA
Aug 24, 2000
$925,000
Howard Schwimmer
Money Store Commercial Mtg
Grant Deed
$925,000 · Mellon First Business Bank
Oct 20, 1999
—
Money Store Commercial Mortgage
—
Deed Of Trust
related
—
May 29, 1998
—
Albert L Urivera
Canalino Properties
Grant Deed
$1,200,000 · Money Store Commercial Mtg
—
—
Howard Schwimmer
—
Deed Of Trust
related
$1,000,000 · Wells Fargo 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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