Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Apartment buildings
22311 Ocean Ave Torrance, CA 90505-2409
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-6953372
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Construction
WOOD
Total area
25,003 SF
Lot
0.97 ac (42,396 SF)
Zoning code
TOCR-MH
APN
7528-004-007
UPID
US09-6953372
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
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$534k
Blend (final)
Blend
$535k
Owner & transaction history
Brigitte And Gerald Free Rlt
Brigitte And Gerald Free Rlt
since 2025
7 recorded transactions
Zoning & alternative use
TOCR-MH · 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
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$21 / 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
$16,887
Tax year 2024
Assessed value
$934,287
Assessed 2024
Previous assessed
$934,287
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$355,703
Assessed improvement
$578,584
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Cooling
YES
Units
25
Bathrooms
37
Total area
25,003 SF
Lot
0.97 ac (42,396 SF)
Zoning code
TOCR-MH
APN
7528-004-007
UPID
US09-6953372
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TOCR-MH · Torrance, CA
Zoning TOCR-MH · permitted uses
TOCR-MH · 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.
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
25
Bathrooms
37
Lot
0.97 ac
Current owner
From public records · entity-resolved
Brigitte And Gerald Free Rlt
Individual
Free & Clear · 0 yrs held
Mailing address
465 OCEAN VW AVE, ENCINITAS, CA 92024-2627
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
—
Brigitte And Gerald Free Rlt
Gerald E Free
Deed
related
—
Jul 24, 2024
—
Marvin W Free
Marvin W Free
Intrafamily Transfer
related
—
Jul 8, 2024
—
Marvin Free
Marvin W Free
Intrafamily Transfer
related
—
Apr 29, 2024
—
Marvin W Free
Laurence G Ledoux
Affidavit Death Of Trustee/successor Trustee
—
Aug 4, 2015
—
Free,brigitte & G Living Trust
Free,gerald E
Quit Claim Deed
related
—
Dec 28, 2011
—
Ledoux Laurence G Living Trust
Ledoux,laurence G
Quit Claim Deed
related
—
Nov 1, 2011
—
Gerald E Free
Free W E & B J Trust A
Quit Claim Deed
related
—
Jul 8, 2008
—
Free William E & Betty J Trust
Ledoux,linda A
Affidavit Of Death
—
Jun 29, 2007
—
Ledoux L G & L A Living Trust
Ledoux,linda A
Affidavit Of Death
related
—
Oct 3, 2006
—
Free William E & Betty J Trust
Free William E & B J Trust
Quit Claim Deed
related
—
Dec 21, 2005
—
Ledoux Laurence G & L A Trust
Ledoux,linda
Quit Claim Deed
related
—
Oct 27, 2005
—
Free Family Trust
Free,marvin W
Quit Claim Deed
related
—
Jun 9, 2005
—
Marvin W Free
Free,betty J
Quit Claim Deed
—
Feb 22, 2005
—
Free William E & Betty J Trust
Free William E & B J Trust
Quit Claim Deed
related
—
Dec 13, 2004
—
Free William E & Betty J Trust
Free,william E
Affidavit Of Death
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.
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 22311 Ocean Ave?
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.
