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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2443 Palm Pl Huntington Park, CA 90255-6600

    • Apartment buildings
    • 3,476 SF
    • 0.11 lot acres
    OFF-MARKET
    Last Sale
    Feb 23, 2021
    Value Estimations
    $655,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7423203
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2443 Palm Pl

    Year built
    1930
    Lot size
    0.11 lot acres
    Property size
    3,476 SF
    Zone code
    LCR305
    Property type
    Apartment buildings
    APN
    6202-021-029
    APU
    6202021029

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $930,000
      6.5%
      $860,000
      7%
      $800,000

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $780,000
      Current use
      WAREHOUSE, STORAGE
      $1,020,000
      Change: +31% Conversion: Difficult
      RETAIL STORES
      $795,000
      Change: +2% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $770,000
      Change: -1% Conversion: Moderate
      OFFICE BUILDING
      $715,000
      Change: -8% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Huntington Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.229
    Latitude
    33.9648
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $17,323
    $621,069
    $453,021
    $1,074,090
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,120,000
      7,650 SF

      2938 60th Pl

      APARTMENT HOUSE (5+ UNITS) • 7,650 SF
      2938 60th Pl, Huntington Park, CA 90255-3153
      View Details
    • Value Estimation
      $905,000
      5,011 SF

      6352 Cedar St

      APARTMENT HOUSE (5+ UNITS) • 5,011 SF
      6352 Cedar St, Huntington Park, CA 90255-7426
      View Details
    • Value Estimation
      $685,000
      3,727 SF

      2120 Clarendon Ave

      APARTMENT HOUSE (5+ UNITS) • 3,727 SF
      2120 Clarendon Ave, Huntington Park, CA 90255-5788
      View Details
    • Value Estimation
      $735,000
      5,382 SF

      6222 Passaic St

      APARTMENT HOUSE (5+ UNITS) • 5,382 SF
      6222 Passaic St, Huntington Park, CA 90255
      View Details
    • Value Estimation
      $775,000
      4,156 SF

      6712 Malabar St

      APARTMENT HOUSE (5+ UNITS) • 4,156 SF
      6712 Malabar St, Huntington Park, CA 90255-4030
      View Details
    • Value Estimation
      $845,000
      4,494 SF

      7022 Marbrisa Ave

      APARTMENT HOUSE (5+ UNITS) • 4,494 SF
      7022 Marbrisa Ave, Huntington Park, CA 90255-3592
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.44 Acres

      Huntington Park Mixed-Use Property

      51-unit apartment building, prime location
      2300 Florence Ave, Huntington Park, CA 90255
      View Details
    • $3,000,000
      11,039 SF

      Huntington Park 13-Unit Apartment Complex

      Fantastic 13-unit apartment complex in Huntington Park, California.
      2664 Randolph St, Huntington Park, CA 90255
      View Details
    • $1,700,000

      Residential Income and Retail Property

      Investment opportunity: three residential units and a convenience store.
      7223 Seville Ave, Huntington Park, CA 90255
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    • $1,995,000

      Huntington Park Multifamily Investment Opportunity

      Nine-unit apartment building in Huntington Park for sale.
      2938 E 60Th Pl, Huntington Park, CA 90255
      View Details
    • $1,800,000
      5,110 SF

      Huntington Park Apartment Complex

      Large apartment complex in Huntington Park with income and growth potential.
      3213 Hill St, Huntington Park, CA 90255
      View Details
    • $715,000

      Huntington Park Multifamily Investment Opportunity

      Four-unit property in Huntington Park with upside potential.
      7012 Malabar St, Huntington Park, CA 90255
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      227,000 SF

      La Alameda: Premier Retail Center

      Thriving Retail Center, Multiple Spaces Available
      2140 Florence Ave, Huntington Park, CA 90255
      View Details
    • $2 SF/Yr
      8,500 SF

      Retail Space in Huntington Park

      Retail space with high visibility and convenient parking.
      2404 East Florence Ave, Huntington Park, CA 90255
      View Details
    • $1.33 SF/Yr
      13,500 SF

      Industrial Building with Covered Yard

      Industrial building featuring a covered yard and 20' clear height.
      3400-3470 Randolph St, Huntington Park, CA 90255
      View Details
    • $0.75 SF/Yr
      52,450 SF

      Renovated Manufacturing/Distribution Facility

      Renovated 52,450 SF facility with storage yard available for lease.
      3383 E Gage Ave, Huntington Park, CA 90255
      View Details
    • Contact for pricing
      6,275 SF

      Huntington Park Retail Opportunity

      6,275 SF Retail Space - Ample Parking
      6611 Pacific Blvd, Huntington Park, CA 90255
      View Details
    • Contact for pricing
      76,831 SF

      Margarita Plaza Retail Space

      Grocery-anchored retail center; spaces available.
      6906 Santa Fe Ave, Huntington Park, CA 90255
      View Details
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    2443 Palm Pl
    Huntington Park, CA 90255-6600
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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