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Property profile & analytics
OFF-MARKET
Estimated value
$2,125,000
Office buildings
18119 Pr Ave Torrance, CA 90504-3739
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6903363
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
WOOD
Total area
6,758 SF
Lot
0.42 ac (18,482 SF)
Zoning code
TOCC-GEN
APN
4084-008-095
UPID
US09-6903363
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
-
Farmers Insurance - Okwuii Okeke Insurance Agency
-
Suresh C Pathak Law Office Law Firm
-
In Your Korner Business Management Consultant
-
Schneider Sidney MD Physician
-
Rhonda Jefferson Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.55M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.13M
Owner & transaction history
Clear Holdings LLC · 7 yrs held
Clear Holdings LLC
since 2018
7 recorded transactions
Zoning & alternative use
TOCC-GEN · Torrance, 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 Torrance submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Torrance 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%
$2,755,000
6.5%
$2,545,000
7%
$2,365,000
Blend value · Realmo final
$2.13M
Range $1.91M – $2.34M · ±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
$314 / 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
$27,072
Tax year 2024
Assessed value
$2,241,970
Assessed 2024
Previous assessed
$2,241,970
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$2,021,056
Assessed improvement
$220,914
Applied tax rate
9.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Construction
WOOD
Heating
NONE
Total area
6,758 SF
Lot
0.42 ac (18,482 SF)
Zoning code
TOCC-GEN
APN
4084-008-095
UPID
US09-6903363
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TOCC-GEN · Torrance, CA
Zoning TOCC-GEN · permitted uses
TOCC-GEN · Torrance, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Torrance. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
WOOD
Heating
NONE
Lot
0.42 ac
Current owner
From public records · entity-resolved
Clear Holdings LLC
Entity
Mailing address
201 HERONDO ST, REDONDO BEACH, CA 90277-2000
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2018
—
Clear Holdings LLC
—
Deed
related
$1,640,000 · California Bk&tr
Jul 31, 2018
$2,050,000
Clear Holdings LLC
Hp Capital Investments INC
Grant Deed
$1,600,000 · California Bk&tr
Jan 20, 2017
—
Hp Capital Investments INC
—
Deed
related
$1,700,000 · Cardenas Three LLC
Jan 27, 2015
$1,600,000
Hp Capital Investments INC|senex Investments LLC
Jwr Living Trust
Grant Deed
$1,100,000 · Jwr Living Trust (lt)
Nov 26, 2008
—
Jwr Living Trust
Jwr Living Trust
Quit Claim Deed
related
—
Jan 3, 2007
—
Jwr Living Trust
Raedeke,michael J
Grant Deed
related
—
Nov 1, 2002
$651,000
Michael J Raedeke
Robel,james W
Grant Deed
related
$500,000 · James W Robel
Oct 6, 1995
$963,314
James W Robel
Hewitt,jessica M
Trustees Deed
—
Oct 21, 1994
$505,500
Jessica M Hewitt
Robel,james W
Grant Deed
$900,000 · Seller
—
—
James W Robel
—
Deed Of Trust
related
$1,700,000 · National Bank Long Beach
—
—
Jwr Living Trust
—
Deed Of Trust
related
$500,000 · Preferred Bank
—
—
Hp Capital Investments INC
—
Deed Of Trust
related
$1,700,000 · Cardenas Three LLC
—
—
Clear Holdings LLC
—
Loan Modification
related
$1,640,000 · California Bk&tr
—
—
Jwr Living Trust
—
Deed Of Trust
related
$500,000 · Preferred 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.
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