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Property profile & analytics
OFF-MARKET
Estimated value
$1,585,000
Apartment buildings
2273 241st St Lomita, CA 90717-1053
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8415266
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
13,062 SF
Lot
0.41 ac (17,723 SF)
Zoning code
LORVD1500*
APN
7374-010-028
UPID
US09-8415266
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
-
I2c microsoldering Computer & Electronic Repair Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.59M
Owner & transaction history
George H Brett · 8 yrs held
George H Brett
since 2017
7 recorded transactions
Zoning & alternative use
LORVD1500* · Lomita, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$121 / 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
$23,029
Tax year 2024
Assessed value
$1,584,029
Assessed 2024
Previous assessed
$1,584,029
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$708,196
Assessed improvement
$875,833
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
NONE
Units
18
Bathrooms
19
Total area
13,062 SF
Lot
0.41 ac (17,723 SF)
Zoning code
LORVD1500*
APN
7374-010-028
UPID
US09-8415266
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LORVD1500* · Lomita, CA
Zoning LORVD1500* · permitted uses
LORVD1500* · 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.
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
NONE
Units
18
Bathrooms
19
Lot
0.41 ac
Current owner
From public records · entity-resolved
George H Brett
Individual
Mailing address
2309 PACIFIC COAST HWY STE #201, HERMOSA BEACH, CA 90254-2753
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2017
—
George H Brett
George H Brett
Intrafamily Transfer
related
$1,715,000 · Jpmorgan Chase Bank NA
Aug 22, 2012
—
Brett George H 1989 Trust
Brett George H 1989 Trust
Quit Claim Deed
related
—
May 16, 2002
—
Robert A Brett
Brett,r A & C
Quit Claim Deed
related
—
Sep 30, 1993
—
California Federal Bank
Federal National
Quit Claim Deed
related
—
Sep 30, 1993
$1,025,000
Brett,george H & Leslie A
California Feder
Trustees Deed
$820,000 · California Federal Bank
Apr 12, 1993
$1,238,747
Federal National Mortgage Assn
Wright,jessie
Trustees Deed
related
—
Jun 22, 1990
$1,600,000
Jessie Wright
Yiu Chun K
Grant Deed
$1,250,000 · California Federal 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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