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Property profile & analytics
OFF-MARKET
Estimated value
$177,870,000
Warehouses
19501 Pr Ave 19301, Torrance, CA 90503-1683
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9872906
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2022
Construction
TILT-UP CONCRETE
Total area
321,011 SF
Lot
15.06 ac (655,883 SF)
Zoning code
TOMI-LT
APN
7352-001-041
UPID
US09-9872906
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$176.49M
Blend (final)
Blend
$177.87M
Owner & transaction history
Torrance Ie Property Owner LP · 3 yrs held
Torrance Ie Property Owner LP
since 2023
Last sale
$169.8M
3 recorded transactions
Zoning & alternative use
TOMI-LT · Torrance, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$209.0M
+62.3%
Neighborhood: shopping center
$195.4M
+51.7%
Office building
$186.2M
+44.6%
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
$195,470,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$128,800,000
Current use
RESTAURANT
$209,040,000
Change: +62% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$195,365,000
Change: +52% · Conversion: Moderate
OFFICE BUILDING
$186,180,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$148,480,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$145,925,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$109,555,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$177.87M
Range $160.08M – $195.66M · ±10% · vs last sale $169.76M (Apr 25 2023)
Last sale anchor
$169.76M
Apr 25 2023
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
$554 / 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
$1,468,877
Tax year 2024
Assessed value
$128,520,000
Assessed 2024
Previous assessed
$128,520,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$73,032,000
Assessed improvement
$55,488,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2022
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
321,011 SF
Lot
15.06 ac (655,883 SF)
Zoning code
TOMI-LT
APN
7352-001-041
UPID
US09-9872906
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TOMI-LT · Torrance, CA
Zoning TOMI-LT · permitted uses
TOMI-LT · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$128.8M
RESTAURANT
Est. value
$209.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$195.4M
OFFICE BUILDING
Est. value
$186.2M
AUTO REPAIR, GARAGE
Est. value
$148.5M
MEDICAL BUILDING
Est. value
$145.9M
RETAIL STORES
Est. value
$109.6M
WAREHOUSE, STORAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
2022
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
15.06 ac
Current owner
From public records · entity-resolved
Torrance Ie Property Owner LP
Entity
Mailing address
333 S GRAND AVE28THFL, LOS ANGELES, CA 90071-1504
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2023
$169,759,000
Torrance Ie Property Owner LP
Kp Torrance Prairie Owner LLC
Grant Deed
$154,428,000 · Forethought Life Insurance Company
May 21, 2021
—
Union Oil Company
Socony Mobil Oil Company INC
Correction Deed
related
—
Dec 28, 2020
—
Kp Torrance Prairie Owner LLC
Phillips 66 Co
Quit Claim 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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