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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Office buildings
2150 Redondo Bch Blvd Torrance, CA 90504-1670
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9540237
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
WOOD
Total area
1,952 SF
Lot
0.16 ac (7,097 SF)
Zoning code
TOCR-OF
APN
4066-001-012
UPID
US09-9540237
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
-
Vehicle Registration Services CA Department Of Motor Vehicles
-
IZ LIEN SERVICES Insurance Agency
-
IZ INSURANCE SERVICES Insurance Agency
-
Imamia Center Mosque
-
Imamia Educational Center Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$735k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Iz Services INC · 8 yrs held
Iz Services INC
since 2018
7 recorded transactions
Zoning & alternative use
TOCR-OF · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$685,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,130,000
Current use
Blend value · Realmo final
$700k
Range $630k – $770k · ±10%
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
$359 / 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
$8,532
Tax year 2024
Assessed value
$719,289
Assessed 2024
Previous assessed
$719,289
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$602,378
Assessed improvement
$116,911
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,952 SF
Lot
0.16 ac (7,097 SF)
Zoning code
TOCR-OF
APN
4066-001-012
UPID
US09-9540237
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TOCR-OF · Torrance, CA
Zoning TOCR-OF · permitted uses
TOCR-OF · 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
OFFICE BUILDING Current
Est. value
$1.1M
OFFICE BUILDING Current
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
1960
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Iz Services INC
Entity
Mailing address
18932 CORDARY AVE, TORRANCE, CA 90504-5611
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2018
$640,000
Iz Services INC
Ogbozor,uchenna D L
Grant Deed
$480,000 · Harvest Small Busn Fin LLC
Sep 15, 2016
$560,000
Uchenna D L Ogbozor
Lee,jae H
Grant Deed
$222,000 · Pacific West Certified Dev Cor
Sep 15, 2016
—
Uchenna Didactus Lazarus Ogbozor
Uzoamaka F Ogbozor
Intrafamily Transfer
related
$280,750 · Plaza Bank
Apr 10, 2012
$516,500
Jae H Lee
Wang,kuo H & Humay R
Grant Deed
$387,000 · Saehan Bank
Apr 10, 2012
—
Kuo H Wang
Wang,mei F
Quit Claim Deed
related
—
Aug 12, 2003
—
Mei F Wang
Wang,kuo Sh & Humay R
Quit Claim Deed
related
—
Aug 12, 1994
$245,000
Kuo H Wang
Isia,joseph A &
Grant Deed
$173,300 · Seller
Jun 3, 1994
$79,282
Equitable Foreclosure Svcs Ca
Iaia,joseph A &
Trustees Deed
related
—
—
—
Derf Fredericks
—
Deed Of Trust
related
$50,000 · Individual
—
—
Derf Fredericks
—
Deed Of Trust
related
$10,000 · Individual
—
—
Derf Fredericks
—
Deed Of Trust
related
$133,000 · Temme R C
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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