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Property profile & analytics
OFF-MARKET
Estimated value
$2,590,000
Retail space
219 Grand Ave El Segundo, CA 90245-3740
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-6790262
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Construction
TILT-UP CONCRETE
Total area
3,692 SF
Lot
0.11 ac (4,957 SF)
Zoning code
ESC2*
APN
4136-017-057
UPID
US09-6790262
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
-
Sweet Spot Media Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.27M
Blend (final)
Blend
$2.59M
Owner & transaction history
Spaces Limited LLC · 5 yrs held
Spaces Limited LLC
since 2021
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
ESC2* · El Segundo, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.8M
+100.2%
Neighborhood: shopping center
$2.2M
+58.8%
Auto repair, garage
$1.7M
+20.7%
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 El Segundo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Segundo 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
$2,595,000
ML approach
$2,555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,835,000
Change: +100% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,245,000
Change: +59% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,710,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$1,680,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$2.59M
Range $2.33M – $2.85M · ±10% · vs last sale $2.60M (Apr 9 2021)
Last sale anchor
$2.60M
Apr 9 2021
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
$702 / 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
$31,101
Tax year 2024
Assessed value
$2,759,140
Assessed 2024
Previous assessed
$2,759,140
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,591,812
Assessed improvement
$1,167,328
Applied tax rate
3.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,692 SF
Lot
0.11 ac (4,957 SF)
Zoning code
ESC2*
APN
4136-017-057
UPID
US09-6790262
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ESC2* · El Segundo, CA
Zoning ESC2* · permitted uses
ESC2* · El Segundo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Segundo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
OFFICE BUILDING
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
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Spaces Limited LLC
Entity
Mailing address
219 W GRAND AVE, EL SEGUNDO, CA 90245-3740
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Apr 9, 2021
$2,600,000
Spaces Limited LLC
William Ruane
Grant Deed
$2,210,000 · Wells Fargo Bank NA
Jun 15, 2020
—
William Joseph Ruane
—
Deed
related
$1,500,000 · First Choice Bank
Oct 7, 2019
—
William Ruane
—
Deed
related
$250,000 · First Choice Bk
Apr 22, 2019
—
William Ruane
—
Deed
related
$150,000 · First Choice Bank
Jul 20, 2017
—
Sartini,peter Family Trust
Sartini Peter & V Trust
Quit Claim Deed
related
—
Jul 20, 2017
$1,600,000
William Ruane
David R Gordon
Grant Deed
$1,000,000 · Pacific Enterprise Bank
May 21, 2007
$1,100,000
David R Gordon
Arthur E Miltenberger
Grant Deed
$770,000 · Banco Popular North America
Jun 11, 1998
—
Arthur E Miltenberger
Miltenberger,a E & E
Quit Claim Deed
related
—
Feb 1, 1990
$457,500
Art Miltenberger
Emke
Grant Deed
$400,000 · Emke Herbert&e
—
—
William Ruane
—
Loan Modification
related
$250,000 · First Choice Bk
—
—
Gordon Family Trust
—
Deed Of Trust
related
$740,000 · Beach Business Bank
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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