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Property profile & analytics
OFF-MARKET
Estimated value
$2,660,000
Office buildings
24309 Narbonne Ave Lomita, CA 90717-1145
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8492594
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
WOOD
Total area
7,039 SF
Lot
0.33 ac (14,554 SF)
Zoning code
LOCG*
APN
7374-015-040
UPID
US09-8492594
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
-
Cheers Body and Mind Gym & Fitness Center
-
Aires Tax Services Tax Preparation
-
ICP DAS USA Factory Industrial Manufacturer
-
NixPix Processing Photography Service (Bike/Boat/Book/etc) Store
-
Athena (Bike/Boat/Book/etc) Store Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.53M
Comparable Approach
Comparable
$2.75M
Blend (final)
Blend
$2.66M
Owner & transaction history
Raul Alegria · 1 yrs held
Raul Alegria
since 2024
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
LOCG* · Lomita, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.3M
+35.7%
Auto repair, garage
$3.3M
+3.1%
Medical building
$3.2M
+1.4%
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 Lomita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lomita 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%
$2,735,000
6.5%
$2,525,000
7%
$2,345,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,155,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,285,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,255,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$3,200,000
Change: +1% · Conversion: Easy
RETAIL STORES
$2,700,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$2.66M
Range $2.39M – $2.93M · ±10% · vs last sale $2.69M (Sep 3 2024)
Last sale anchor
$2.69M
Sep 3 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
$378 / 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
$20,972
Tax year 2024
Assessed value
$1,538,330
Assessed 2024
Previous assessed
$1,538,330
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$600,910
Assessed improvement
$937,420
Applied tax rate
1.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
NONE
Stories
1
Total area
7,039 SF
Lot
0.33 ac (14,554 SF)
Zoning code
LOCG*
APN
7374-015-040
UPID
US09-8492594
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LOCG* · Lomita, CA
Zoning LOCG* · permitted uses
LOCG* · Lomita, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lomita. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$3.2M
RETAIL STORES
Est. value
$2.7M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1981
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Raul Alegria
Individual
Free & Clear · 1 yrs held
Mailing address
46 PENINSULA CTR STE #351, ROLLING HILLS ESTATES, CA 90274-3509
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2024
$2,689,000
Raul Alegria
Agape Commercial Investment Group L
Grant Deed
—
Jul 29, 2013
$1,280,000
Agape Commercial Investment Group L
Gpl2 Investments LLC
Grant Deed
$700,000 · Jpmorgan Chase Bank NA
Jul 18, 2011
—
Gpl2 Investment LLC
Chen,shu H
Grant Deed
—
Oct 22, 2010
—
Shu H Chen
Wu,robert
Grant Deed
related
—
Sep 23, 2010
—
Robert Wu
Wu Family Trust
Quit Claim Deed
related
—
Jul 15, 1998
—
Wu,robert Trustee
Wu,r
Quit Claim Deed
related
—
Sep 29, 1995
$375,000
Robert Wu
Jupitor Corp USA
Grant Deed
$175,000 · Seller
—
—
Agape Commercial Inv Group LLC
—
Deed Of Trust
related
$573,000 · Cdc Small Business Finance Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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