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Property profile & analytics
OFF-MARKET
Estimated value
$2,905,000
Manufacturing properties
23935 Madison St, Torrance, CA 90505-6010
Individually Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7146792
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Construction
TILT-UP CONCRETE
Total area
16,800 SF
Lot
1.02 ac (44,214 SF)
Zoning code
TOMI-LT
APN
7378-011-048
UPID
US09-7146792
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
-
Sonsray Inc Big Box & Wholesale Store Construction Company
-
Refrigerated Trailer Service | 24/7 RoadSide Service Car Rental Facility
-
Sonsray Fleet Services Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.21M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.91M
Owner & transaction history
The Amended & Fully Restated Declar · 11 yrs held
The Amended & Fully Restated Declar
since 2015
7 recorded transactions
Zoning & alternative use
TOMI-LT · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,480,000
6.5%
$3,210,000
7%
$2,980,000
Blend value · Realmo final
$2.91M
Range $2.61M – $3.20M · ±10%
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
$173 / 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
$51,349
Tax year 2024
Assessed value
$4,349,184
Assessed 2024
Previous assessed
$4,349,184
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$3,416,461
Assessed improvement
$932,723
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
16,800 SF
Lot
1.02 ac (44,214 SF)
Zoning code
TOMI-LT
APN
7378-011-048
UPID
US09-7146792
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TOMI-LT · Torrance, CA
Zoning TOMI-LT · permitted uses
TOMI-LT · 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
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
The Amended & Fully Restated Declar
Individual
Mailing address
4133 VIA LARGAVISTA, PALOS VERDES ESTATES, CA 90274-1123
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2015
—
The Amended & Fully Restated Declar
David G Carney
Intrafamily Transfer
related
$1,108,000 · Malaga Bank Fsb
Sep 14, 2005
$1,675,000
Carney Family Trust
23935 Madison LLC
Grant Deed
—
Sep 14, 2005
—
Eric Hirschowitz
Hirschowitz,cynthia
Quit Claim Deed
—
Feb 10, 2005
—
23935 Madison LLC
Caleb Technology Corp
Grant Deed
$1,540,000 · Citibank West Fsb
Feb 10, 2005
$2,582,520
23935 Madison LLC
Owner,record
Grant Deed
—
Oct 6, 1995
—
Machinery Caleb
—
Deed Of Trust
related
$1,600,000 · Pacific Business Bank
Jul 13, 1989
$1,500,000
Caleb Machinery
Ventu
Grant Deed
$3,000,000 · Ka Wah Bk
Mar 28, 1989
—
California Hacci
—
Deed Of Trust
related
—
—
—
Machinery Caleb
—
Deed Of Trust
related
$325,000 · Datacom Investment Co INC
—
—
Caleb Machinery & Equipment Co
—
Deed Of Trust
related
$167,060 · Dynamics Technology INC
—
—
Caleb Machinery & Equipment Co
—
Deed Of Trust
related
$500,000 · Datacom Investment Co
—
—
Caleb Machinery & Equipment Co
—
Deed Of Trust
related
$1,350,000 · Bank Of America
—
—
Caleb Machinery & Equipment Co
—
Deed Of Trust
related
$250,000 · Pacific Business Bank
—
—
Caleb Machinery & Equipment Co
—
Deed Of Trust
related
$150,000 · 23935 Madison LLC
—
—
Caleb Machinery
—
Deed Of Trust
related
$500,000 · Cathay Bank
—
—
Machinery Caleb
—
Deed Of Trust
related
$900,000 · Pacific Business Bank
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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