New search
Property profile & analytics
OFF-MARKET
Estimated value
$23,950,000
Apartment buildings
21811 Main St Carson, CA 90745-2960
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6405570
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1980
Construction
WOOD
Total area
80,842 SF
Lot
0.41 ac (17,785 SF)
Zoning code
CARM25U&D*
APN
7343-013-051
UPID
US09-6405570
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$23.79M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.95M
Owner & transaction history
Carson Gardens LP · 3 yrs held
Carson Gardens LP
since 2023
Last sale
$33.0M
3 recorded transactions
Zoning & alternative use
CARM25U&D* · Carson, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$28.6M
+27.6%
Auto repair, garage
$25.6M
+14.0%
Retail stores
$22.7M
+1.3%
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 Carson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carson 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
$31,525,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$25,765,000
6.5%
$23,785,000
7%
$22,085,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$22,435,000
Current use
OFFICE BUILDING
$28,625,000
Change: +28% · Conversion: Moderate
AUTO REPAIR, GARAGE
$25,570,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$22,715,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$22,465,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$23.95M
Range $21.56M – $26.35M · ±10% · vs last sale $33.00M (May 31 2023)
Last sale anchor
$33.00M
May 31 2023
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
$296 / 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
$2,222
Tax year 2024
Assessed value
$5,104,550
Assessed 2024
Previous assessed
$5,104,550
+0.0% YoY
Effective rate
0.04%
On assessed value
Assessed land
$2,040,000
Assessed improvement
$3,064,550
Applied tax rate
13.0000
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
1980
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
101
Bathrooms
99
Total area
80,842 SF
Lot
0.41 ac (17,785 SF)
Zoning code
CARM25U&D*
APN
7343-013-051
UPID
US09-6405570
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CARM25U&D* · Carson, CA
Zoning CARM25U&D* · permitted uses
CARM25U&D* · Carson, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$22.4M
OFFICE BUILDING
Est. value
$28.6M
AUTO REPAIR, GARAGE
Est. value
$25.6M
RETAIL STORES
Est. value
$22.7M
WAREHOUSE, STORAGE
Est. value
$22.5M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1980
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
101
Bathrooms
99
Lot
0.41 ac
Current owner
From public records · entity-resolved
Carson Gardens LP
Entity
Mailing address
3101 BEE CAVES RD STE #325, AUSTIN, TX 78746-5524
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2023
$33,000,000
Carson Gardens LP
Carson Gardens Owner LP
Grant Deed
$32,262,800 · Berkadia Commercial Mortgage LLC
May 13, 2022
$25,300,000
Carson Gardens Owner LP
Carson Gardens Apartments
Grant Deed
$19,200,000 · Berkadia Commercial Mortgage LLC
—
—
Carson Gardens Apartments
—
Deed Of Trust
related
$1,400,000 · Meridian Ins Co Ltd
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 21811 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
