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Property profile & analytics
OFF-MARKET
Estimated value
$1,530,000
Apartment buildings
2035 255th St Lomita, CA 90717-2637
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7996716
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Total area
9,191 SF
Lot
0.24 ac (10,263 SF)
Zoning code
LOR1*
APN
7375-012-016
UPID
US09-7996716
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
-
Cathy's Crafts Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
Heritage Grove Partners LLC · 9 yrs held
Heritage Grove Partners LLC
since 2016
7 recorded transactions
Zoning & alternative use
LOR1* · Lomita, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$166 / 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
$26,962
Tax year 2024
Assessed value
$2,012,815
Assessed 2024
Previous assessed
$2,012,815
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,292,270
Assessed improvement
$720,545
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1962
Heating
NONE
Units
9
Bathrooms
11
Total area
9,191 SF
Lot
0.24 ac (10,263 SF)
Zoning code
LOR1*
APN
7375-012-016
UPID
US09-7996716
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LOR1* · Lomita, CA
Zoning LOR1* · permitted uses
LOR1* · 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.
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Units
9
Bathrooms
11
Lot
0.24 ac
Current owner
From public records · entity-resolved
Heritage Grove Partners LLC
Entity
Mailing address
835 W DESERT VW LN, YUMA, AZ 85365-4805
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2019
—
Heritage Grove Partners LLC
—
Deed
related
$1,000,000 · Jpmorgan Chase Bank NA
Jul 20, 2016
—
Heritage Grove Partners LLC
Heritage Grove Partners LLC
Intrafamily Transfer
related
$865,000 · Jpmorgan Chase Bank NA
May 2, 2013
$1,665,000
Heritage Group Partners LLC
Paul A Mitchell
Grant Deed
$555,000 · Jpmorgan Chase Bank NA
Dec 5, 2007
$1,400,000
Paul A Mitchell
The Hull Family Partnership
Grant Deed
$1,015,000 · Independence Bank
Aug 17, 2000
—
Janet K Clements
Hull,d M & K O
Quit Claim Deed
related
—
Jun 15, 1990
$427,500
Hull Dean M & Ka
Trade Properties
Trustees Deed
—
Jun 15, 1990
$242,954
Interval Service
Weiss Jerome
Trustees Deed
related
—
—
—
Kuo-yen Huang
—
Deed Of Trust
related
$175,000 · Bank Of The West
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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