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Property profile & analytics
OFF-MARKET
Estimated value
$12,980,000
Community centers
24631 Crenshaw Blvd Torrance, CA 90505-5348
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8768956
Property summary
AI-generated overview
This exceptional business opportunity presents the chance to acquire a well-established Two Hands Seoul Fresh Corn Dogs franchise in a prime Torrance location. The restaurant is completely turnkey, ready for immediate operation by a new owner. No need for extensive renovations or build-out
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1992
Construction
WOOD
Total area
45,914 SF
Lot
1.63 ac (71,150 SF)
Zoning code
TOPC-GEN
APN
7377-012-019
UPID
US09-8768956
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
-
Gyu-Kaku Japanese BBQ Restaurant
-
IHOP Restaurant
-
Ubon Thai Kitchen Restaurant
-
Ko-Ryu Ramen Restaurant
-
Two Hands Corn Dogs Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.98M
Owner & transaction history
Cnk Investment Co INC · 4 yrs held
Cnk Investment Co INC
since 2022
2 recorded transactions
Zoning & alternative use
TOPC-GEN · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$283 / 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
$202,628
Tax year 2024
Assessed value
$16,329,341
Assessed 2024
Previous assessed
$16,329,341
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$6,114,270
Assessed improvement
$10,215,071
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Total area
45,914 SF
Lot
1.63 ac (71,150 SF)
Zoning code
TOPC-GEN
APN
7377-012-019
UPID
US09-8768956
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TOPC-GEN · Torrance, CA
Zoning TOPC-GEN · permitted uses
TOPC-GEN · 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
1992
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
1.63 ac
Current owner
From public records · entity-resolved
Cnk Investment Co INC
Entity
Mailing address
650 S HL ST STE #615, LOS ANGELES, CA 90014-1775
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
—
Cnk Investment Co INC
—
Deed
related
$17,095,000 · Hanmi Bank
—
—
Cnk Investment Co INC
—
Deed Of Trust
related
$11,400,000 · Column Financial INC
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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