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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Retail space
2266 Lomita Blvd Lomita, CA 90717-1436
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US09-7729158
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
WOOD
Total area
1,733 SF
Lot
0.19 ac (8,298 SF)
Zoning code
LOCG*
APN
7376-012-023
UPID
US09-7729158
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
-
Aqua Blue Home Appliance Store Hardware & Home Improvement
-
ADVA WATER STORE Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
$590k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
4 Mehr LLC · 16 yrs held
4 Mehr LLC
since 2010
7 recorded transactions
Zoning & alternative use
LOCG* · Lomita, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$800,000
+20.7%
Medical building
$790,000
+18.6%
Office building
$775,000
+17.0%
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 Lomita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lomita 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
$330,000
CAP Approach
CAP Return
Estimation
6%
$640,000
6.5%
$590,000
7%
$550,000
Alternative Use
Use
Estimation
RETAIL STORES
$665,000
Current use
AUTO REPAIR, GARAGE
$800,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$790,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$775,000
Change: +17% · Conversion: Easy
COMMERCIAL (GENERAL)
$535,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$312 / 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
$8,038
Tax year 2024
Assessed value
$603,078
Assessed 2024
Previous assessed
$603,078
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$442,921
Assessed improvement
$160,157
Applied tax rate
1.0000
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
1940
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
2
Bathrooms
2
Total area
1,733 SF
Lot
0.19 ac (8,298 SF)
Zoning code
LOCG*
APN
7376-012-023
UPID
US09-7729158
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LOCG* · Lomita, CA
Zoning LOCG* · permitted uses
LOCG* · Lomita, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lomita. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$665,000
AUTO REPAIR, GARAGE
Est. value
$800,000
MEDICAL BUILDING
Est. value
$790,000
OFFICE BUILDING
Est. value
$775,000
COMMERCIAL (GENERAL)
Est. value
$535,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1940
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
2
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
4 Mehr LLC
Entity
Mailing address
2266 LOMITA BLVD, LOMITA, CA 90717-1436
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2021
—
4 Mehr LLC
—
Deed
related
$350,000 · First Citizens Bank & Trust Co
Jun 15, 2010
$458,000
4 Mehr LLC
Bont,marcel E & Irmgard
Grant Deed
$389,300 · Seacoast Commerce Bank
Dec 18, 2008
—
Marcel E Bont
Bont,irmgard
Quit Claim Deed
related
—
Oct 31, 2003
$419,000
Irmgard Goodman
Koyama,tr
Grant Deed
$259,000 · Spectrum Bank
Aug 13, 1999
—
Koyama,fumiko Trustee
Koyama,f
Quit Claim Deed
related
—
Jun 17, 1999
—
Koyama,fumiko Trustee
—
Deed Of Trust
related
—
—
—
Michael Shahaden
—
Deed Of Trust
related
$150,000 · California First Bank
—
—
Yukou Koyama
—
Deed Of Trust
related
$100,000 · Wells Fargo 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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