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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Industrial land
18800 Broadway Gardena, CA 90248-4646
Trust Owned
Free & Clear
Property ID
US09-6724891
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
2.99 ac (130,373 SF)
Zoning code
CAMH&D*
APN
7339-014-009
UPID
US09-6724891
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
-
LA County Sandbags Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.47M
Owner & transaction history
Merli Exemption Trust
Merli Exemption Trust
since 2025
7 recorded transactions
Zoning & alternative use
CAMH&D* · 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
$1,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±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
—
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
$121,565
Tax year 2024
Assessed value
$9,986,820
Assessed 2024
Previous assessed
$9,986,820
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$9,986,820
Applied tax rate
17.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
2.99 ac (130,373 SF)
Zoning code
CAMH&D*
APN
7339-014-009
UPID
US09-6724891
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CAMH&D* · Gardena, CA
Zoning CAMH&D* · permitted uses
CAMH&D* · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
2.99 ac
Current owner
From public records · entity-resolved
Merli Exemption Trust
Trust
Free & Clear · 0 yrs held
Mailing address
6140 W PLUMAS ST, RENO, NV 89519-6075
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2025
—
Merli Exemption Trust
Merli Survivors Trust
Deed
related
—
Aug 26, 2024
—
Vesi 27 LLC
Gunther Merli
Lease
—
Jul 29, 2024
—
Adele Merli
Gunther Merli
Intrafamily Transfer
related
—
Oct 11, 2022
—
Gunther Merli
Adele Merli
Intrafamily Transfer
related
—
Apr 16, 2012
—
Adele Merli
Merli,stefan
Affidavit Of Death
related
—
Jul 7, 2006
—
Merli Family Trust
Merli Family Trust
Quit Claim Deed
related
$1,500,000 · Ge Com'l Finance Business Prop
Jul 23, 1999
—
Gunther Merli
Merli,g R
Quit Claim Deed
related
—
Apr 16, 1998
—
Stefan R Merli
Merli,j M
Quit Claim Deed
related
—
Feb 8, 1996
—
Merli Stefan Co Tr Et Al
—
Deed Of Trust
related
—
Nov 9, 1992
—
Merli Stefan Co Tr Et Al
—
Deed Of Trust
related
—
—
—
Stefan Merli
—
Deed Of Trust
related
$636,000 · United Mortgage Investors 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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