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Property profile & analytics
OFF-MARKET
Estimated value
$5,385,000
Apartment buildings
21818 Figueroa St Carson, CA 90745-1913
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6449705
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
18,958 SF
Lot
0.31 ac (13,622 SF)
Zoning code
CARM25U&D*
APN
7343-021-112
UPID
US09-6449705
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
$5.42M
CAP Approach
CAP
$5.58M
Comparable Approach
Comparable
$7.34M
Blend (final)
Blend
$5.39M
Owner & transaction history
Nextgen Figueroa LLC · 6 yrs held
Nextgen Figueroa LLC
since 2020
Last sale
$5.4M
5 recorded transactions
Zoning & alternative use
CARM25U&D* · Carson, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.7M
+27.6%
Auto repair, garage
$6.0M
+14.0%
Retail stores
$5.3M
+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
$5,430,000
ML approach
$5,420,000
CAP Approach
CAP Return
Estimation
6%
$6,040,000
6.5%
$5,580,000
7%
$5,180,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,260,000
Current use
OFFICE BUILDING
$6,715,000
Change: +28% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,995,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$5,325,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,270,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$5.39M
Range $4.85M – $5.92M · ±10% · vs last sale $5.35M (Jan 24 2020)
Last sale anchor
$5.35M
Jan 24 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
$284 / 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
$51,875
Tax year 2024
Assessed value
$3,717,944
Assessed 2024
Previous assessed
$3,717,944
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$611,154
Assessed improvement
$3,106,790
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
1963
Construction
WOOD
Heating
NONE
Cooling
YES
Units
30
Bathrooms
30
Total area
18,958 SF
Lot
0.31 ac (13,622 SF)
Zoning code
CARM25U&D*
APN
7343-021-112
UPID
US09-6449705
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
$5.3M
OFFICE BUILDING
Est. value
$6.7M
AUTO REPAIR, GARAGE
Est. value
$6.0M
RETAIL STORES
Est. value
$5.3M
WAREHOUSE, STORAGE
Est. value
$5.3M
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
1963
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
30
Bathrooms
30
Lot
0.31 ac
Current owner
From public records · entity-resolved
Nextgen Figueroa LLC
Entity
Mailing address
134 LOMITA ST, EL SEGUNDO, CA 90245-4113
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2020
$5,350,000
Nextgen Figueroa LLC
Rolling Hills Investments L L C
Grant Deed
$4,174,523 · First Choice Bank
Feb 1, 1999
$1,240,000
Palm Springs Sundial Ptshp
Harlan Trust
Grant Deed
related
$500,000 · Seller
Oct 29, 1998
—
Harlan,hugh C Trustee
Harlan H C Trustee,
Quit Claim Deed
related
—
Jun 27, 1996
—
Harlan Hugh C
—
Deed Of Trust
related
—
Apr 20, 1993
—
Harlan Hugh C
—
Deed Of Trust
related
—
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.
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