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Property profile & analytics
OFF-MARKET
Estimated value
$3,340,000
Warehouses
23230 Normandie Ave Torrance, CA 90502-2621
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8950866
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Construction
TILT-UP CONCRETE
Total area
4,590 SF
Lot
0.2 ac (8,889 SF)
Zoning code
LCM2*
APN
7407-022-042
UPID
US09-8950866
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
-
Udero B Albet Constrution Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.52M
Blend (final)
Blend
$3.34M
Owner & transaction history
Sean Mccollough · 3 yrs held
Sean Mccollough
since 2022
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
LCM2* · Torrance, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.8M
+51.7%
Office building
$2.7M
+44.6%
Auto repair, garage
$2.1M
+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
$3,410,000
ML approach
$3,340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,795,000
Change: +52% · Conversion: Moderate
OFFICE BUILDING
$2,660,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,125,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$2,085,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$3.34M
Range $3.01M – $3.67M · ±10% · vs last sale $3.30M (Dec 22 2022)
Last sale anchor
$3.30M
Dec 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
$728 / 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
$17,110
Tax year 2024
Assessed value
$1,366,800
Assessed 2024
Previous assessed
$1,366,800
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$765,000
Assessed improvement
$601,800
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
4,590 SF
Lot
0.2 ac (8,889 SF)
Zoning code
LCM2*
APN
7407-022-042
UPID
US09-8950866
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCM2* · Torrance, CA
Zoning LCM2* · permitted uses
LCM2* · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.1M
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
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Sean Mccollough
Individual
Free & Clear · 3 yrs held
Mailing address
10763 LINDBROOK DR, LOS ANGELES, CA 90024-3128
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2022
$3,300,000
Sean Mccollough
Dbf Idgt Normandie LLC
Grant Deed
—
Jun 28, 2019
$964,000
Dbf Idgt Normandie LLC
Raf Idgt Normandie LLC
Grant Deed
—
Jun 28, 2019
$1,336,509
Dbf Idgt Normandie LLC
Raf Idgt Normandie LLC
Grant Deed
—
Sep 22, 2016
—
Raf Idgt LLC
B & D Freeman Family Props II Ll
Quit Claim Deed
—
Apr 11, 2016
$483,500
B & D Freeman Family Properties
Roseman Gift LLC
Grant Deed
—
Mar 17, 2016
—
Roseman Gift LLC
B & D Freeman Family Properties
Grant Deed
—
Feb 12, 2007
—
B & D Freeman Family Props LLC
Freeman B Living Trust
Quit Claim Deed
—
Aug 8, 2002
—
Freeman,tr
Freeman,tr
Quit Claim Deed
related
—
May 26, 1999
$700,000
Freeman Trust
Spencer Real Estate
Grant Deed
$225,000 · Bank Of America Fsb
Oct 15, 1990
$850,000
Action Mold INC
Unknown
Grant Deed
—
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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