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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Apartment buildings
2425 Imperial Hwy Inglewood, CA 90303-3356
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-8484499
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1956
Total area
4,260 SF
Lot
0.14 ac (6,000 SF)
Zoning code
INR3YY
APN
4029-008-014
UPID
US09-8484499
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
$1.25M
CAP Approach
CAP
$810k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Dawit Zerai Equbatsion · 1 yrs held
Dawit Zerai Equbatsion
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
INR3YY · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.9M
+76.1%
Retail stores
$1.5M
+37.8%
Office building
$1.4M
+30.2%
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
$1,250,000
ML approach
$1,250,000
CAP Approach
CAP Return
Estimation
6%
$880,000
6.5%
$810,000
7%
$755,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,100,000
Current use
MEDICAL BUILDING
$1,935,000
Change: +76% · Conversion: Moderate
RETAIL STORES
$1,515,000
Change: +38% · Conversion: Difficult
OFFICE BUILDING
$1,430,000
Change: +30% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,250,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,180,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.25M (Aug 23 2024)
Last sale anchor
$1.25M
Aug 23 2024
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
$293 / 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
$6,460
Tax year 2024
Assessed value
$243,730
Assessed 2024
Previous assessed
$243,730
+0.0% YoY
Effective rate
2.65%
On assessed value
Assessed land
$184,651
Assessed improvement
$59,079
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1956
Heating
NONE
Cooling
YES
Units
6
Bathrooms
6
Total area
4,260 SF
Lot
0.14 ac (6,000 SF)
Zoning code
INR3YY
APN
4029-008-014
UPID
US09-8484499
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INR3YY · Inglewood, CA
Zoning INR3YY · permitted uses
INR3YY · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1956
Heating
NONE
Cooling
Yes
Units
6
Bathrooms
6
Lot
0.14 ac
Current owner
From public records · entity-resolved
Dawit Zerai Equbatsion
Individual
Mailing address
60365 W CROFT AVE APT #5, LOS ANGELES, CA 90056
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2024
$1,250,000
Dawit Zerai Equbatsion
Paul C Johnson
Grant Deed
$812,000 · City First Bank NA
Aug 18, 2022
—
Paul C Johnson
—
Deed
related
$133,750 · Equity Wave Lending
Apr 20, 2021
—
Paul C Johnson
—
Deed
related
$825,000 · Axos Bank
Jan 23, 2020
—
Paul C Johnson
—
Deed
related
$715,000 · Allied Commercial Funding Corp
Apr 12, 2019
—
Paul C Johnson
—
Deed
related
$100,000 · Steven M Roth
Sep 10, 2018
—
Paul C Johnson
—
Deed
related
$520,000 · Allstar Capital Group INC
Aug 16, 2018
—
Paul C Johnson
—
Deed
related
$5,000,000 · Other Institutional Lenders
Dec 10, 2012
—
Paul C Johnson
Johnson Gail Living Trust
Quit Claim Deed
related
$275,000 · Ronald Perlstein
Feb 24, 2010
—
Paul C Johnson
Johnson,gail
Affidavit Of Death
related
—
Apr 10, 2009
—
Johnson Gail Living Trust
Johnson,paul C
Quit Claim Deed
related
—
Jul 30, 2007
—
Johnson Gail L Living Trust
Johnson,gail L
Quit Claim Deed
related
—
Apr 24, 2007
—
Gail Johnson
Johnson,paul C
Quit Claim Deed
related
—
Feb 16, 2007
—
Paul C Johnson
Johnson,gail
Quit Claim Deed
related
—
May 4, 2001
$230,000
Gail Johnson
Elmore,ronald L & Aladrian
Grant Deed
$184,000 · East West Bank
Oct 30, 1998
$209,000
Ronald L Elmore
Federal National Mortgage Assn
Grant Deed
$46,000 · Broadway Federal Bank
Jun 10, 1996
$203,857
Federal National Mortgage Co
Howard,david & Barbara
Trustees Deed
related
—
Jun 1, 1972
$39,500
—
—
Grant Deed
related
—
—
—
Paul C Johnson
—
Deed Of Trust
related
$5,000,000 · Other Institutional Lenders
—
—
Paul C Johnson
—
Deed Of Trust
related
$360,000 · Lone Oak Fund LLC
—
—
David Howard
—
Deed Of Trust
related
$179,000 · First National Mortgage Co
—
—
Paul C Johnson
—
Deed Of Trust
related
$100,000 · Steven M Roth
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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