Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Investment properties
238 Manchester Blvd Inglewood, CA 90301-1763
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7666361
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1923
Construction
WOOD
Total area
2,576 SF
Lot
0.16 ac (6,995 SF)
Zoning code
INC2VV
APN
4020-017-023
UPID
US09-7666361
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
$720k
CAP Approach
CAP
$685k
Comparable Approach
Comparable
$509k
Blend (final)
Blend
$675k
Owner & transaction history
Perez Manchester LLC · 1 yrs held
Perez Manchester LLC
since 2025
Last sale
$650,006
5 recorded transactions
Zoning & alternative use
INC2VV · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$915,000
+28.5%
Office building
$865,000
+21.4%
Warehouse, storage
$755,000
+6.2%
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 Inglewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inglewood 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
$810,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
$740,000
6.5%
$685,000
7%
$635,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$715,000
Current use
RETAIL STORES
$915,000
Change: +28% · Conversion: Easy
OFFICE BUILDING
$865,000
Change: +21% · Conversion: Easy
WAREHOUSE, STORAGE
$755,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $650k (Sep 12 2022)
Last sale anchor
$650k
Sep 12 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
$262 / 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
$9,531
Tax year 2024
Assessed value
$663,000
Assessed 2024
Previous assessed
$663,000
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$530,400
Assessed improvement
$132,600
Applied tax rate
4.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1923
Construction
WOOD
Heating
CENTRAL
Buildings
2
Stories
1
Units
1
Bathrooms
3
Total area
2,576 SF
Lot
0.16 ac (6,995 SF)
Zoning code
INC2VV
APN
4020-017-023
UPID
US09-7666361
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INC2VV · Inglewood, CA
Zoning INC2VV · permitted uses
INC2VV · Inglewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inglewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$715,000
RETAIL STORES
Est. value
$915,000
OFFICE BUILDING
Est. value
$865,000
WAREHOUSE, STORAGE
Est. value
$755,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1923
Construction
WOOD
Heating
CENTRAL
Stories
1
Buildings
2
Units
1
Bathrooms
3
Lot
0.16 ac
Current owner
From public records · entity-resolved
Perez Manchester LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4925 W 97TH ST, INGLEWOOD, CA 90301-3643
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2025
—
Perez Manchester LLC
Perez Family Trust
Deed
related
—
Sep 12, 2022
$650,000
Francisco Perez
Fmf Maintenance LLC
Grant Deed
$200,000 · Exchange Resources INC
Sep 25, 2014
—
Fmf Maintenance LLC
Franco,francisco A & Luz M
Quit Claim Deed
related
—
May 9, 2003
$300,000
Francisco A Franco
Stefanovski,tr
Grant Deed
$195,000 · Interbay Funding LLC
Jun 18, 1996
$50,000
Winton Sears INC
Zoric,mike
Grant Deed
related
—
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 238 Manchester Blvd?
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.
