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Property profile & analytics
OFF-MARKET
Estimated value
$1,600,000
Apartment buildings
16511 Denver Ave Gardena, CA 90248-2692
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8036777
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1988
Construction
WOOD
Total area
9,528 SF
Lot
0.29 ac (12,831 SF)
Zoning code
LAR3
APN
6121-004-038
UPID
US09-8036777
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
by Request
Blend (final)
Blend
$1.60M
Owner & transaction history
Mina LLC · 9 yrs held
Mina LLC
since 2017
7 recorded transactions
Zoning & alternative use
LAR3 · Gardena, 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 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
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
APARTMENT HOUSE (5+ UNITS)
$2,560,000
Current use
Blend value · Realmo final
$1.60M
Range $1.44M – $1.76M · ±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
$29,756
Tax year 2024
Assessed value
$2,224,452
Assessed 2024
Previous assessed
$2,224,452
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$631,493
Assessed improvement
$1,592,959
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
NONE
Buildings
2
Units
16
Bathrooms
5
Total area
9,528 SF
Lot
0.29 ac (12,831 SF)
Zoning code
LAR3
APN
6121-004-038
UPID
US09-8036777
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Gardena, CA
Zoning LAR3 · permitted uses
LAR3 · Gardena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gardena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS) Current
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
1988
Construction
WOOD
Heating
NONE
Buildings
2
Units
16
Bathrooms
5
Lot
0.29 ac
Current owner
From public records · entity-resolved
Mina LLC
Entity
Mailing address
5409 FLD STRM DR, EXPORT, PA 15632-9218
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2017
$1,955,000
Mina LLC
Ramon S Cabatan
Grant Deed
$1,065,000 · Jpmorgan Chase Bank NA
Sep 8, 2016
—
Cabatan Family Living Trust
Cabatan,ramon S & Alvenia E
Quit Claim Deed
related
—
Jun 7, 2016
—
Ramon S Cabatan
—
Deed
related
$615,000 · Bank Of The West
Sep 1, 2011
—
Ramon S Cabatan
The Cabatan Family Living Trust
Intrafamily Transfer
related
$575,000 · Banco Popular North America
Aug 27, 2008
—
Cabatan Family Living Trust
Cabatan,ramon S & Alvenia E
Quit Claim Deed
related
—
Jun 23, 2006
—
Garcia A O & R A Fam Trust
Garcia,abraham & Rosario
Quit Claim Deed
related
—
May 8, 1996
$350,000
Abraham Garcia
State Street Bank & Trust Co
Grant Deed
$245,000 · Quaker City Federal S & L
May 19, 1994
$486,081
State St Bank & Trust Co Ttee
Gardena Denver P
Trustees Deed
related
—
Apr 18, 1994
—
Victoria Props Group
Gardena,denver
Grant Deed
related
—
—
—
Ramon S Cabatan
—
Deed Of Trust
related
$615,000 · Bank Of The West
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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