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Property profile & analytics
OFF-MARKET
Estimated value
$2,265,000
Warehouses
23206 Mariposa Ave Torrance, CA 90502-2609
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-6668733
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Construction
TILT-UP CONCRETE
Total area
3,920 SF
Lot
0.14 ac (6,179 SF)
Zoning code
LCM1*
APN
7407-017-024
UPID
US09-6668733
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
$2.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.16M
Blend (final)
Blend
$2.27M
Owner & transaction history
Mariposa 23206 LLC · 4 yrs held
Mariposa 23206 LLC
since 2021
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
LCM1* · Torrance, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.4M
+51.7%
Office building
$2.3M
+44.6%
Auto repair, garage
$1.8M
+15.3%
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
$2,490,000
ML approach
$2,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,575,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,385,000
Change: +52% · Conversion: Moderate
OFFICE BUILDING
$2,275,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,815,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$1,780,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$2.27M
Range $2.04M – $2.49M · ±10% · vs last sale $2.09M (Nov 17 2021)
Last sale anchor
$2.09M
Nov 17 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
$578 / 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
$18,341
Tax year 2024
Assessed value
$1,446,156
Assessed 2024
Previous assessed
$1,446,156
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$884,340
Assessed improvement
$561,816
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
3,920 SF
Lot
0.14 ac (6,179 SF)
Zoning code
LCM1*
APN
7407-017-024
UPID
US09-6668733
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
WAREHOUSE, STORAGE Current
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.8M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Mariposa 23206 LLC
Entity
Mailing address
23206 MARIPOSA AVE, TORRANCE, CA 90502-2609
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2021
$2,090,000
Mariposa 23206 LLC
Crocker Enterprises LLC
Grant Deed
$1,063,500 · Cit Bank NA
Nov 17, 2021
$850,700
Cit Bank NA
Mariposa 23206 LLC
Assignment Of Lease (leasehold Sale)
related
$878,000 · Ampac Tri State Cdc INC
Nov 17, 2021
—
Cit Bank NA
Mariposa 23206 LLC
Assignment Of Lease (leasehold Sale)
related
$850,700 · Cit Bank NA
Jul 31, 2020
—
Crocker Ents LLC
—
Deed
related
$768,000 · First Choice Bk
Jul 28, 2020
$1,500,000
Crocker Enterprises LLC
Tiffany Rogers
Grant Deed
$768,000 · First Choice Bank
Aug 25, 2010
$520,000
Rogers Tiffany Trust
Vivas,carlos & Sherry R
Grant Deed
$370,000 · Carlos & Sherry R Vivas
May 10, 1999
$222,000
Carlos Vivas
Siegel,jeffrey
Grant Deed
—
—
—
Crocker Ents LLC
—
Deed Of Trust
related
$768,000 · First Choice Bk
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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