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Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Office buildings
24641 Eshelman Ave Lomita, CA 90717-1200
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-8415262
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
TILT-UP CONCRETE
Total area
3,993 SF
Lot
0.21 ac (9,173 SF)
Zoning code
LOCG*
APN
7374-004-063
UPID
US09-8415262
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
-
Barahmand Law Group Law Firm
-
Barahmand Law Group: California Employment and Lemon Law Attorneys Law Firm
-
World Class Advice Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
$1.43M
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.35M
Owner & transaction history
Rad Javanshir · 4 yrs held
Rad Javanshir
since 2021
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
LOCG* · Lomita, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+3.1%
Medical building
$1.8M
+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
$1,370,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
$1,550,000
6.5%
$1,430,000
7%
$1,330,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,790,000
Current use
AUTO REPAIR, GARAGE
$1,845,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$1,815,000
Change: +1% · Conversion: Easy
RETAIL STORES
$1,530,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±10% · vs last sale $1.33M (Aug 24 2021)
Last sale anchor
$1.33M
Aug 24 2021
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
$337 / 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
$18,148
Tax year 2024
Assessed value
$1,379,570
Assessed 2024
Previous assessed
$1,379,570
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$884,340
Assessed improvement
$495,230
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
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
5
Rooms
6
Bathrooms
5
Total area
3,993 SF
Lot
0.21 ac (9,173 SF)
Zoning code
LOCG*
APN
7374-004-063
UPID
US09-8415262
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
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING Current
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
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
5
Rooms
6
Bathrooms
5
Lot
0.21 ac
Current owner
From public records · entity-resolved
Rad Javanshir
Individual
Free & Clear · 4 yrs held
Mailing address
24641 ESHELMAN AVE E STE E, LOMITA, CA 90717-1200
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2022
—
Rad Javanshir
—
Deed
related
$870,000 · Bbcn Bank
Aug 24, 2021
$1,326,000
Rad Javanshir
James I Lee
Grant Deed
—
Jul 21, 2017
—
Greco Family Trust
Greco,joseph F & Vicky L
Quit Claim Deed
related
—
Jul 18, 2017
$885,000
James I Lee
Joseph F Greco
Grant Deed
$531,000 · Commonwealth Business Bank
Jun 17, 2015
$759,000
Joseph F Greco
South Bay Chinese Culture Assn
Grant Deed
—
Dec 30, 1988
$512,000
Bay Chines South
Pacitto Italo&ma
Grant Deed
$250,000 · Eastern Savings Bank
—
—
Bay Chinese Culture Asso South
—
Deed Of Trust
related
$65,000 · Individual
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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