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Property profile & analytics
OFF-MARKET
Estimated value
$3,845,000
Retail space
16604 Western Ave Gardena, CA 90247
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9519364
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1973
Construction
TILT-UP CONCRETE
Total area
12,000 SF
Lot
0.62 ac (26,953 SF)
Zoning code
GAC3
APN
6106-001-001
UPID
US09-9519364
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
-
PakaPack Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.05M
CAP Approach
CAP
$4.09M
Comparable Approach
Comparable
$3.82M
Blend (final)
Blend
$3.85M
Owner & transaction history
Bahar Realty LLC · 4 yrs held
Bahar Realty LLC
since 2021
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
GAC3 · Gardena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.5M
+94.0%
Office building
$3.8M
+36.5%
Commercial (general)
$3.8M
+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
$3,855,000
ML approach
$4,045,000
CAP Approach
CAP Return
Estimation
6%
$4,425,000
6.5%
$4,085,000
7%
$3,795,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,810,000
Current use
MEDICAL BUILDING
$5,455,000
Change: +94% · Conversion: Difficult
OFFICE BUILDING
$3,840,000
Change: +36% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,835,000
Change: +36% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,595,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$3.85M
Range $3.46M – $4.23M · ±10% · vs last sale $3.86M (Sep 30 2021)
Last sale anchor
$3.86M
Sep 30 2021
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
$320 / 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
$50,509
Tax year 2024
Assessed value
$4,015,944
Assessed 2024
Previous assessed
$4,015,944
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,705,040
Assessed improvement
$1,310,904
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
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
12,000 SF
Lot
0.62 ac (26,953 SF)
Zoning code
GAC3
APN
6106-001-001
UPID
US09-9519364
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GAC3 · Gardena, CA
Zoning GAC3 · permitted uses
GAC3 · 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
$2.8M
MEDICAL BUILDING
Est. value
$5.5M
OFFICE BUILDING
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.8M
INDUSTRIAL (GENERAL)
Est. value
$3.6M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Bahar Realty LLC
Entity
Mailing address
2428 SANTA MONICA BLVD STE #404, SANTA MONICA, CA 90404-2047
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2021
$3,860,000
Bahar Realty LLC
Christine Price Beedle
Grant Deed
$2,150,000 · California Cu
Oct 27, 2015
—
Price,beedle Trust
Beedle,evan
Quit Claim Deed
related
—
Jun 10, 2015
—
Evan Beedle
Beedle Christine
Quit Claim Deed
related
—
Jun 10, 2015
$3,516,000
Evan Beedle
Ahdoot L & L Family Trust
Grant Deed
—
Jan 28, 2015
—
Ahdoot,l & L Family Trust|31 Douglas Propeties LLC
3129 Windmill Drive LLC
Quit Claim Deed
—
Jan 14, 2011
$650,000
3129 Windmill Drive LLC
Asset Foreclosure Svcs INC
Trustees Deed
related
—
Mar 13, 2007
—
Yi Charles 2006 Trust
Yi,charles
Quit Claim Deed
related
—
Mar 2, 2005
$1,550,000
Charles Yi
Chang,won K & Diana K
Grant Deed
$760,000 · Hanmi Bank
Oct 8, 2003
$1,140,000
Won K Chang
Hara & Associates
Grant Deed
$888,000 · Uniti Bank
Sep 20, 1972
—
—
—
Grant Deed
related
—
—
—
Yi Charles 2006 Trust
—
Deed Of Trust
related
$200,000 · Wilshire State Bank
—
—
Hara & Associates
—
Deed Of Trust
related
$250,000 · Sanger Trust
—
—
Charles Yi
—
Deed Of Trust
related
$310,000 · Hanmi Bank
—
—
3129 Windmill Drive LLC
—
Deed Of Trust
related
$365,000 · Hanmi Bank
—
—
Yi Charles
—
Deed Of Trust
related
$125,000 · Lufu INC
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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