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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Retail space
16523 Western Ave Gardena, CA 90247-4637
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8487370
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1922
Construction
WOOD
Total area
2,500 SF
Lot
0.14 ac (6,225 SF)
Zoning code
GAMUO
APN
4066-025-024
UPID
US09-8487370
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
$905k
CAP Approach
CAP
$850k
Comparable Approach
Comparable
$795k
Blend (final)
Blend
$805k
Owner & transaction history
Mieko Akutsu · 1 yrs held
Mieko Akutsu
since 2025
Last sale
$810,000
7 recorded transactions
Zoning & alternative use
GAMUO · Gardena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+94.0%
Office building
$800,000
+36.5%
Commercial (general)
$800,000
+36.4%
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
$745,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
$920,000
6.5%
$850,000
7%
$790,000
Alternative Use
Use
Estimation
RETAIL STORES
$585,000
Current use
MEDICAL BUILDING
$1,135,000
Change: +94% · Conversion: Difficult
OFFICE BUILDING
$800,000
Change: +36% · Conversion: Easy
COMMERCIAL (GENERAL)
$800,000
Change: +36% · Conversion: Easy
WAREHOUSE, STORAGE
$705,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$805k
Range $725k – $886k · ±10% · vs last sale $810k (Nov 8 2022)
Last sale anchor
$810k
Nov 8 2022
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
$322 / 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
$10,580
Tax year 2024
Assessed value
$826,200
Assessed 2024
Previous assessed
$826,200
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$622,200
Assessed improvement
$204,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1922
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
2,500 SF
Lot
0.14 ac (6,225 SF)
Zoning code
GAMUO
APN
4066-025-024
UPID
US09-8487370
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GAMUO · Gardena, CA
Zoning GAMUO · permitted uses
GAMUO · 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
RETAIL STORES Current
Est. value
$585,000
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$800,000
WAREHOUSE, STORAGE
Est. value
$705,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1922
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Mieko Akutsu
Individual
Free & Clear · 1 yrs held
Mailing address
2039 W 166TH ST, TORRANCE, CA 90504-1904
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2025
—
Mieko Akutsu
Mieko Arkutsu
Deed
related
—
Jan 16, 2025
—
Mieko Akutsu
Seiji Akutsu
Deed
related
—
Nov 8, 2022
—
Seiji Akutsu
Seiji Akutsu
Intrafamily Transfer
related
—
Jul 11, 2022
$810,000
Seiji Akutsu
Charles R Raine
Grant Deed
$420,000 · Home Bank Of California
Nov 5, 2020
—
Raine Family Trust
Charles Raine
Quit Claim Deed
related
—
Jul 1, 2002
$195,000
Charles Raine
Nakajima Trust
Grant Deed
$125,000 · Nakajima Trust
Sep 18, 1972
$20,000
Don K Nakajima
—
Grant Deed
related
—
Dec 28, 1971
—
—
—
Grant Deed
related
—
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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