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Property profile & analytics
OFF-MARKET
Estimated value
$5,505,000
Manufacturing properties
2021 1st St San Fernando, CA 91340-2611
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6813485
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1958
Construction
WOOD
Total area
17,812 SF
Lot
0.68 ac (29,559 SF)
Zoning code
SFM1*
APN
2520-002-016
UPID
US09-6813485
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
-
Jericho Foods Big Box & Wholesale Store Food Market
-
Green Cuisine Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.57M
Blend (final)
Blend
$5.51M
Owner & transaction history
San Fernando Owner LLC · 4 yrs held
San Fernando Owner LLC
since 2022
Last sale
$5.9M
7 recorded transactions
Zoning & alternative use
SFM1* · San Fernando, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.2M
+108.4%
Medical building
$8.1M
+104.8%
Office building
$8.0M
+102.1%
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 San Fernando submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Fernando 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
$5,145,000
ML approach
$5,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,955,000
Current use
AUTO REPAIR, GARAGE
$8,240,000
Change: +108% · Conversion: Easy
MEDICAL BUILDING
$8,095,000
Change: +105% · Conversion: Difficult
OFFICE BUILDING
$7,990,000
Change: +102% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,260,000
Change: +33% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,235,000
Change: +32% · Conversion: Easy
Blend value · Realmo final
$5.51M
Range $4.95M – $6.06M · ±10% · vs last sale $5.90M (Jun 9 2022)
Last sale anchor
$5.90M
Jun 9 2022
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
$309 / 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
$85,936
Tax year 2024
Assessed value
$6,138,360
Assessed 2024
Previous assessed
$6,138,360
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$3,683,016
Assessed improvement
$2,455,344
Applied tax rate
8.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1958
Construction
WOOD
Heating
NONE
Stories
1
Total area
17,812 SF
Lot
0.68 ac (29,559 SF)
Zoning code
SFM1*
APN
2520-002-016
UPID
US09-6813485
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SFM1* · San Fernando, CA
Zoning SFM1* · permitted uses
SFM1* · San Fernando, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Fernando. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$8.2M
MEDICAL BUILDING
Est. value
$8.1M
OFFICE BUILDING
Est. value
$8.0M
COMMERCIAL (GENERAL)
Est. value
$5.3M
WAREHOUSE, STORAGE
Est. value
$5.2M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1958
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
San Fernando Owner LLC
Entity
Mailing address
669 2ND ST, ENCINITAS, CA 92024-3507
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2022
—
San Fernando Owner LLC
—
Deed
related
$3,835,000 · C3bank National Association
Jun 9, 2022
$5,900,000
San Fernando Owner LLC
Sanderson Family Enterprises LLC
Grant Deed
—
Oct 9, 2012
—
Sanderson Family Ents LLC
Sanderson T & M 1998 Trust
Quit Claim Deed
related
—
Mar 31, 2004
$1,500,000
Sanderson,tr
Levine,tr
Grant Deed
$750,000 · Wells Fargo Bank
Nov 2, 2001
$1,193,500
Levine Trust
Marine Enterprises
Grant Deed
$700,000 · Business Bank Of California
Sep 28, 1972
—
—
—
Grant Deed
related
—
—
—
Levine Trust
—
Deed Of Trust
related
$516,000 · California Statewide Certified
—
—
Jon A Levine
—
Deed Of Trust
related
$300,000 · Levine Trust
—
—
Sanderson,tr
—
Deed Of Trust
related
$618,000 · California Statewide Certified
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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