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Property profile & analytics
OFF-MARKET
Estimated value
$1,875,000
Warehouses
240 Florence Ave Inglewood, CA 90301-1377
Trust Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-8629738
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1992
Construction
TILT-UP CONCRETE
Total area
12,392 SF
Lot
0.51 ac (22,200 SF)
Zoning code
INMI
APN
4020-020-031
UPID
US09-8629738
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
-
Menorah Wholesale Inc Building Supply Electrical Service
-
Silk + Honey Corporate Office
-
Afrikan General Store African Goods Store Food Products Supplier
-
Century Cabinets General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.88M
Owner & transaction history
The S & S Kohan Family Trust · 10 yrs held
The S & S Kohan Family Trust
since 2015
7 recorded transactions
Zoning & alternative use
INMI · Inglewood, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$151 / 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
$32,384
Tax year 2024
Assessed value
$2,399,639
Assessed 2024
Previous assessed
$2,399,639
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$1,637,361
Assessed improvement
$762,278
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
12,392 SF
Lot
0.51 ac (22,200 SF)
Zoning code
INMI
APN
4020-020-031
UPID
US09-8629738
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INMI · Inglewood, CA
Zoning INMI · permitted uses
INMI · 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.
Building & site characteristics
From public records
Year built
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
The S & S Kohan Family Trust
Trust
Mailing address
240 W FLORENCE AVE, INGLEWOOD, CA 90301-1377
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2015
$460,000
The S & S Kohan Family Trust
David Kohansedgh
Intrafamily Transfer
related
$880,000 · Jpmorgan Chase Bank NA
Dec 31, 2007
—
David Kohansedgh
David Kohansedgh
Intrafamily Transfer
related
$920,000 · Washington Mutual Bank
Jun 23, 2003
—
Kohan,tr
Kohan,salim-shahla
Quit Claim Deed
related
—
May 2, 2003
—
David Kohansedgh
Kohansedgh,david & Fereshteh
Quit Claim Deed
related
—
—
—
David Kohansedgh
—
Deed Of Trust
related
—
—
—
David Kohansedgh
—
Deed Of Trust
related
$282,000 · Bank Of Commerce
—
—
Shahla Kohan
—
Deed Of Trust
related
$749,000 · Wells Fargo Bank
—
—
Salim Kohan
—
Deed Of Trust
related
$707,000 · Citibank Fsb
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
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