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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Office buildings
2021 Lomita Blvd Lomita, CA 90717-1701
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7221691
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1926
Construction
WOOD
Total area
1,036 SF
Lot
0.07 ac (3,173 SF)
Zoning code
LOCG*
APN
7374-004-058
UPID
US09-7221691
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
-
Layland Masuda Photography Photography Service (Bike/Boat/Book/etc) Store
-
Detail Zone - Auto Detailing Supply Warehouse Car Wash
-
Smart Details Auto Spa & Supplies Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$730k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$767k
Blend (final)
Blend
$715k
Owner & transaction history
Ahmed Khan Nayeem · 5 yrs held
Ahmed Khan Nayeem
since 2020
Last sale
$669,006
6 recorded transactions
Zoning & alternative use
LOCG* · Lomita, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$630,000
+35.7%
Auto repair, garage
$480,000
+3.1%
Medical building
$470,000
+1.4%
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 Lomita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lomita 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
$735,000
ML approach
$730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$465,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$630,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$480,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$470,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$715k
Range $644k – $787k · ±10% · vs last sale $669k (Nov 25 2020)
Last sale anchor
$669k
Nov 25 2020
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
$690 / 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
$9,278
Tax year 2024
Assessed value
$709,946
Assessed 2024
Previous assessed
$709,946
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$477,543
Assessed improvement
$232,403
Applied tax rate
1.0000
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
1926
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
1,036 SF
Lot
0.07 ac (3,173 SF)
Zoning code
LOCG*
APN
7374-004-058
UPID
US09-7221691
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LOCG* · Lomita, CA
Zoning LOCG* · permitted uses
LOCG* · Lomita, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lomita. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$465,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$630,000
AUTO REPAIR, GARAGE
Est. value
$480,000
MEDICAL BUILDING
Est. value
$470,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1926
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Ahmed Khan Nayeem
Individual
Mailing address
2017 LOMITA BLVD #310, LOMITA, CA 90717-1701
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2020
$669,000
Ahmed Khan Nayeem
Loc Le
Grant Deed
$568,600 · Enterprise Bank & Trust
Nov 16, 2018
—
Le Loc Trust
—
Deed
related
$237,500 · Farmers & Merchants Bk/lng Bch
Nov 15, 2011
—
Le Loc Trust
Le Loc,t
Quit Claim Deed
related
—
Sep 12, 2008
—
Loc Thi Le
Pirush Pongthititape
Quit Claim Deed
related
$237,500 · Farmers & Merchants Bank Of Long Be
Sep 12, 2003
$249,000
Loc T Le
Holt,tr
Grant Deed
$122,500 · Farmers & Merchants Bk Lng Bch
—
—
Le Loc Trust
—
Loan Modification
related
$237,500 · Farmers & Merchants Bk/lng Bch
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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