Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    16630 Broadway Gardena, CA 90248-2716
    Back to Search
    Property profile & analytics

    16630 Broadway, Gardena, CA 90248-2716

    View on Map
    • Medical Office Space
    • 14,263 SF
    • 1.43 lot acres
    Off-Market
    Property ID
    US09-8995494
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,190,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Concentra Urgent Care / Occupational Health Service / Medical Clinic
    • Calvin Le / Physician
    • Dominion International Center Church Los Angeles / Church / Mosque
    • Alexander Ortiz Francini / Physician

    Property Details for 16630 Broadway

    Year built
    1985
    Construction
    TILT-UP CONCRETE
    Lot size
    1.43 lot acres
    Zone code
    CAML*
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    6126-003-017
    APU
    6126003017

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 16, 2016 — 16630 S Broadway LP — Deed · related $1.7M · Citizens Business Bank
    Oct 7, 2010 — 16630 S Broadway LP Craemer,ray L & Julia Grant Deed —
    Apr 9, 2008 — Loytan Craemer,ray L & Julie Grant Deed —
    Nov 5, 1996 $900,000 Ray L Craemer Snap On Tools Corp Grant Deed $650k · Seller
    — — Ray L Craemer — Deed Of Trust · related $582k · First Bank & Trust
    — — 16630 South Broadway LP — Deed Of Trust · related $415k · Grandpoint Bank
    — — Ray L Craemer — Deed Of Trust · related $770k · First Bank & Trust
    — — Ray L Craemer — Deed Of Trust · related $500k · First Bank & Trust
    — — Ray L Craemer — Deed Of Trust · related $1M · Zions First National Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gardena
    County
    Los Angeles
    State
    California
    Longitude
    -118.278
    Latitude
    33.8801
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $28,292
    $558,859
    $1,189,587
    $1,748,446
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $750,000
      10,291 SF

      16530 Broadway

      HOMES (RETIRED, NURSING)
      16530 Broadway, Gardena, CA 90248-2714
      View Details
    • Value Estimation
      $1,410,000
      6,046 SF

      18004 Broadway

      OFFICE BUILDING
      18004 Broadway, Gardena, CA 90248-3538
      View Details
    • Value Estimation
      $10,385,000
      67,107 SF

      19300 Hamilton Ave

      OFFICE BUILDING (MULTI-STORY)
      19300 Hamilton Ave, Gardena, CA 90248-4400
      View Details
    • Value Estimation
      $7,970,000
      48,464 SF

      555 Redondo Bch Blvd

      OFFICE BUILDING (MULTI-STORY)
      555 Redondo Bch Blvd, Gardena, CA 90248-1612
      View Details
    • Value Estimation by Request
      8,731 SF

      521 172Nd St

      Distribution properties
      521 172Nd St, Gardena, CA 90248
      View Details
    • Value Estimation by Request
      20,916 SF

      501 190th St

      OFFICE BUILDING (MULTI-STORY)
      501 190th St, Gardena, CA 90248-4266
      View Details

    Similar Nearby for Sale

    • $1,199,000
      3,960 SF

      Carson Industrial Warehouse - 4.65 Acres

      Prime Carson location, large warehouse, office space included.
      16838 Main St, Carson, CA 90248
      View Details
    • Contact for pricing
      13,076 SF

      Gardena Warehouse For Sale

      13,076 sqft warehouse available for sale in Gardena.
      14550 Main St, Gardena, CA 90248
      View Details
    • Contact for pricing
      24,500 SF

      Industrial Buildings in Gardena, CA

      Two industrial buildings totaling 24,500 sq ft for sale.
      15401 San Pedro St, Gardena, CA 90248
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Creative Office Space in Gardena

      Creative office space available for rent in Gardena, California.
      879 W 190Th St, Gardena, CA 90248
      View Details
    • Contact for pricing

      Four-Story Office Building For Lease

      Office building with freeway access and visible signage options.
      1025 W 190Th St, Gardena, CA 90248
      View Details
    • $1.49 SF/Yr
      14,375 SF

      Class A Office Sublease

      Class A office space available for sublease in Gardena, CA.
      879 West 190Th St, Gardena, CA 90248
      View Details
    • Contact for pricing
      1,573 SF

      Gardena Office Space Available

      Second floor office space available for rent in Gardena, CA.
      150-152 W Walnut St S, Gardena, CA 90248
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease in Gardena, California.
      879 West 190Th St, Gardena, CA 90248
      View Details
    • $1.25 SF/Yr

      Industrial Warehouse with Office

      Functional 8,000 SF warehouse with office and mezzanine storage, served by two 14' ground-level doors for flexible operations.
      537 E Gardena Blvd, Gardena, CA 90248
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16630 Broadway
    Gardena, CA 90248-2716
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    16630 Broadway, Gardena, CA, 90248
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!