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Property profile & analytics
OFF-MARKET
Estimated value
$1,860,000
Apartment buildings
23930 Ocean Ave Torrance, CA 90505-5868
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6902988
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1967
Construction
WOOD
Total area
137,403 SF
Lot
2.95 ac (128,305 SF)
Zoning code
TORR-MH
APN
7378-012-080
UPID
US09-6902988
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
-
Copa Pacific Apartments Apartment Building
-
dashing doggies Pet Grooming Service
-
South Bay Marketing Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.86M
Owner & transaction history
23930 Copa Pacific Apts LLC · 1 yrs held
23930 Copa Pacific Apts LLC
since 2025
7 recorded transactions
Zoning & alternative use
TORR-MH · Torrance, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$14 / 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
$264,043
Tax year 2024
Assessed value
$21,010,710
Assessed 2024
Previous assessed
$21,010,710
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$3,645,528
Assessed improvement
$17,365,182
Applied tax rate
9.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1967
Construction
WOOD
Heating
NONE
Units
149
Bathrooms
57
Total area
137,403 SF
Lot
2.95 ac (128,305 SF)
Zoning code
TORR-MH
APN
7378-012-080
UPID
US09-6902988
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TORR-MH · Torrance, CA
Zoning TORR-MH · permitted uses
TORR-MH · 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.
Building & site characteristics
From public records
Year built
1967
Construction
WOOD
Heating
NONE
Units
149
Bathrooms
57
Lot
2.95 ac
Current owner
From public records · entity-resolved
23930 Copa Pacific Apts LLC
Entity
Mailing address
208 YACHT CLB WAY, REDONDO BEACH, CA 90277-2049
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2025
—
23930 Copa Pacific Apts LLC
23930 Copa Pacific Apts LLC
Deed
related
$31,624,000 · Colliers Mortgage LLC
Oct 1, 2018
—
23930 Copa Pacific Apts LLC
—
Deed
related
$4,672,000 · Hunt Mtg Cap LLC
Jun 1, 2015
—
23930 Copa Pacifica Apts LLC
The Gamma Group
Grant Deed
$29,612,000 · Centerline Mortgage Capital INC
Jun 2, 2003
—
Allen H Ginsburg
Ginsburg,charlotte
Quit Claim Deed
related
—
Jun 2, 2003
$156,000
Allen H Ginsburg
Ginsburg,daniel A
Grant Deed
related
—
May 30, 2003
—
Allen H Ginsburg
Ginsburg,charlotte
Quit Claim Deed
related
—
May 30, 2003
$156,000
Allen H Ginsburg
Ginsburg,daniel A
Grant Deed
related
—
Sep 17, 1998
—
Daniel A Ginsburg
Ginsburg,a H
Quit Claim Deed
related
—
Nov 25, 1997
—
Daniel A Ginsburg
Ginsburg,c A
Quit Claim Deed
related
—
Mar 7, 1996
—
Ginsburg,allen H Trustee
Ginsburg,a H
Quit Claim Deed
related
—
Mar 5, 1991
$11,835,000
Ginsburg,allen H
Exchanging Times
Trustees Deed
$8,500,000 · World Savings & Loan
Mar 5, 1991
$5,300,000
Exchanging Times
Copa Pacific Apa
Trustees Deed
related
—
—
—
Gamma Group
—
Deed Of Trust
related
$4,439,000 · Pw Funding INC
—
—
23930 Copa Pacific Apts LLC
—
Deed Of Trust
related
$4,672,000 · Hunt Mtg Cap LLC
—
—
Allen H Ginsburg
—
Deed Of Trust
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.
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