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Property profile & analytics
OFF-MARKET
Estimated value
$24,965,000
Warehouses
2393 Bateman Ave Duarte, CA 91010-3313
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6351103
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
TILT-UP CONCRETE
Total area
63,444 SF
Lot
3.29 ac (143,475 SF)
Zoning code
IRM2*
APN
8533-001-064
UPID
US09-6351103
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
-
Human Ingenuity Inc. Factory Production Facility
-
SINFREESUGAR Factory
-
C2T Corporation Marketing & Advertising
-
Baxco Pharmaceutical, Inc. Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$26.24M
Blend (final)
Blend
$24.97M
Owner & transaction history
Rexford Industrial 2393 Bateman LLC · 4 yrs held
Rexford Industrial 2393 Bateman LLC
since 2021
Last sale
$23.1M
7 recorded transactions
Zoning & alternative use
IRM2* · Duarte, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$28.8M
+72.4%
Restaurant
$28.5M
+70.3%
Auto repair, garage
$21.5M
+28.4%
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 Duarte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duarte 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
$27,470,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$16,730,000
Current use
MEDICAL BUILDING
$28,840,000
Change: +72% · Conversion: Difficult
RESTAURANT
$28,500,000
Change: +70% · Conversion: Difficult
AUTO REPAIR, GARAGE
$21,490,000
Change: +28% · Conversion: Easy
COMMERCIAL (GENERAL)
$19,605,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$19,090,000
Change: +14% · Conversion: Moderate
OFFICE BUILDING
$16,275,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$24.97M
Range $22.47M – $27.46M · ±10% · vs last sale $23.08M (Dec 29 2021)
Last sale anchor
$23.08M
Dec 29 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
$393 / 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
$319,297
Tax year 2024
Assessed value
$24,033,240
Assessed 2024
Previous assessed
$24,033,240
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$18,311,040
Assessed improvement
$5,722,200
Applied tax rate
3.0000
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
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
63,444 SF
Lot
3.29 ac (143,475 SF)
Zoning code
IRM2*
APN
8533-001-064
UPID
US09-6351103
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
IRM2* · Duarte, CA
Zoning IRM2* · permitted uses
IRM2* · Duarte, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Duarte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$16.7M
MEDICAL BUILDING
Est. value
$28.8M
RESTAURANT
Est. value
$28.5M
AUTO REPAIR, GARAGE
Est. value
$21.5M
COMMERCIAL (GENERAL)
Est. value
$19.6M
RETAIL STORES
Est. value
$19.1M
OFFICE BUILDING
Est. value
$16.3M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE 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
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
3.29 ac
Current owner
From public records · entity-resolved
Rexford Industrial 2393 Bateman LLC
Entity
Mailing address
11620 WILSHIRE BLVD10THFL, LOS ANGELES, CA 90025-1706
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2021
$23,076,500
Rexford Industrial 2393 Bateman LLC
Entrepreneurs & Associates LLC
Grant Deed
—
Jan 22, 2020
—
Entrepreneurs & Associates LLC
—
Deed
related
$9,000,000 · Avatar Bateman Ave Ind'l LLC
May 21, 2015
—
Entrepreneurs & Associates LLC
—
Trustees Deed
related
$1,252,955 · Bank Of The West
Mar 31, 2014
$7,948,000
Entrepreneurs & Associates LLC
Providence Arrow LLC
Grant Deed
$3,982,888 · Bank Of The West
Oct 2, 2012
$6,100,000
Providence Arrow LLC
Cynergy Group LLC
Grant Deed
—
Feb 2, 2006
$4,914,000
Cynergy Group LLC
Bvbc LLC
Grant Deed
$4,111,913 · Zions First National Bank
—
—
Entrepreneurs & Associates LLC
—
Deed Of Trust
related
$999,365 · Mercantile Cap
—
—
Cynergy Group LLC
—
Deed Of Trust
related
$1,265,000 · Cdc Small Business Finance Co
—
—
Entrepreneurs & Associates LLC
—
Deed Of Trust
related
$1,029,000 · Cdc Small Busn Fin
—
—
Bvbc LLC
—
Deed Of Trust
related
$1,160,000 · John P & Signe A Lynch
—
—
Entrepreneurs & Associates LLC
—
Deed Of Trust
related
$400,000 · Bronzetree Terraces LLC
—
—
Entrepreneurs & Associates LLC
—
Deed Of Trust
related
$9,000,000 · Avatar Bateman Ave Ind'l LLC
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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