Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,670,000
Manufacturing properties
23104 Normandie Ave Torrance, CA 90502-2619
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8950863
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1990
Construction
TILT-UP CONCRETE
Total area
4,200 SF
Lot
0.24 ac (10,659 SF)
Zoning code
LCM1
APN
7407-021-039
UPID
US09-8950863
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
-
civil protection services Engineering Consultant Police Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$1.67M
Owner & transaction history
Al Rental & Service LLC · 4 yrs held
Al Rental & Service LLC
since 2022
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
LCM1 · Torrance, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.6M
+98.4%
Office building
$2.4M
+89.1%
Auto repair, garage
$1.9M
+50.8%
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
$1,480,000
ML approach
$1,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,290,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,555,000
Change: +98% · Conversion: Difficult
OFFICE BUILDING
$2,435,000
Change: +89% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,945,000
Change: +51% · Conversion: Easy
MEDICAL BUILDING
$1,910,000
Change: +48% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,685,000
Change: +31% · Conversion: Easy
RETAIL STORES
$1,435,000
Change: +11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,315,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.67M
Range $1.50M – $1.84M · ±10% · vs last sale $1.70M (Apr 22 2022)
Last sale anchor
$1.70M
Apr 22 2022
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
$398 / 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
$22,636
Tax year 2024
Assessed value
$1,768,680
Assessed 2024
Previous assessed
$1,768,680
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$936,360
Assessed improvement
$832,320
Applied tax rate
17.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
4,200 SF
Lot
0.24 ac (10,659 SF)
Zoning code
LCM1
APN
7407-021-039
UPID
US09-8950863
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCM1 · Torrance, CA
Zoning LCM1 · permitted uses
LCM1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$1.7M
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Al Rental & Service LLC
Entity
Mailing address
5782 SPA DR, HUNTINGTON BEACH, CA 92647-2027
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Apr 22, 2022
$1,700,000
Al Rental & Service LLC
Kennith C Hall
Grant Deed
$800,000 · Plm Lender Services INC
Nov 21, 2019
—
Kennith C Hall
Kennith C Hall
Quit Claim Deed
related
—
Oct 1, 2019
—
Kennith C Hall
Kennith C Hall
Intrafamily Transfer
related
$833,000 · Cit Bank NA
Apr 25, 2019
—
Kennith C Hall
—
Deed
related
$730,000 · Edward F Levine Ira Acct 518906
Mar 8, 2016
—
Kennith C Hall
Hall,julie A
Quit Claim Deed
related
—
Sep 30, 1998
$545,000
Julie Hall
Mailland,juan C & Ligia M
Grant Deed
$501,500 · Bank Of Yorba Linda
—
—
Julie Hall
—
Deed Of Trust
related
$800,000 · Centennial 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
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 23104 Normandie 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.
