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Property profile & analytics
OFF-MARKET
Theaters & concert halls
1951 Carson St Torrance, CA 90501-3217
Trust Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0291439
Property profile
Verified
Property type
Theaters & concert halls
Use group
DANCE HALL
Year built
1922
Construction
TILT-UP CONCRETE
Total area
12,000 SF
Lot
0.14 ac (5,991 SF)
Zoning code
TODC-CTR
APN
7355-023-031
UPID
US10-0291439
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
-
Old School Kenpo Karate Sports School
-
Stardance Studio Training Center
-
Breathe Bodyworks Alternative Medicine Practice Spa & Massage Center
-
EPICENTER - Arts + Entertainment Training Center
-
KPA Fusion Dance Repertoire Theater & Performing Art Venue Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
2011 Kim Family Trust · 14 yrs held
2011 Kim Family Trust
since 2011
7 recorded transactions
Zoning & alternative use
TODC-CTR · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$15,477
Tax year 2024
Assessed value
$1,048,607
Assessed 2024
Previous assessed
$1,048,607
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$212,980
Assessed improvement
$835,627
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
Theaters & concert halls
Use group
DANCE HALL
Status
Off-Market
Year built
1922
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
12,000 SF
Lot
0.14 ac (5,991 SF)
Zoning code
TODC-CTR
APN
7355-023-031
UPID
US10-0291439
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TODC-CTR · Torrance, CA
Zoning TODC-CTR · permitted uses
TODC-CTR · 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
1922
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
2011 Kim Family Trust
Trust
Free & Clear · 14 yrs held
Mailing address
2243 W 230TH PL, TORRANCE, CA 90501-5202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2022
—
Heung Sik Kim
—
Deed
related
$926,000 · Pacific City Bank
Sep 25, 2018
—
Kim 2011 Family Trust
—
Deed
related
—
Jun 14, 2013
—
Kim 2011 Family Trust
—
Deed Of Trust
related
$2,020,000 · Pacific City Bank
Dec 28, 2011
—
2011 Kim Family Trust
Kim,heung S & Young J
Quit Claim Deed
related
—
Oct 8, 2002
$1,950,000
Heung S Kim
Yu,steve
Grant Deed
$1,365,000 · Wilshire State Bank
Jan 25, 2002
—
Steve Yu
—
Deed Of Trust
related
$1,250,000 · Wilshire State Bank
Oct 26, 2001
$500,536
Steve Yu
Makino,kaku
Trustees Deed
—
May 28, 1999
—
Kaku Makino
—
Deed Of Trust
related
$1,425,000 · Asahi Bank California
Aug 28, 1991
$1,940,000
Sueko Ando
Unknown
Grant Deed
—
—
—
Steven Yu
—
Deed Of Trust
related
$250,000 · Swanson Trust
—
—
Kim 2011 Family Trust
—
Loan Modification
related
—
—
—
Kaku Makino
—
Deed Of Trust
related
$500,000 · Unified Seafood Co 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.
Try Rey
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