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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Residential income homes
2471 Gage Ave Huntington Park, CA 90255-3847
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8662423
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1915
Total area
3,132 SF
Lot
0.1 ac (4,532 SF)
Zoning code
HPCN*
APN
6320-033-025
UPID
US09-8662423
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
$610k
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$452k
Blend (final)
Blend
$610k
Owner & transaction history
Hard Hat Builders · 1 yrs held
Hard Hat Builders
since 2024
Last sale
$610,000
3 recorded transactions
Zoning & alternative use
HPCN* · Huntington Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$920,000
+31.1%
Retail stores
$720,000
+2.4%
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 Huntington Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntington Park 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
$610,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$700,000
Current use
WAREHOUSE, STORAGE
$920,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$720,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$690,000
Change: -1% · Conversion: Moderate
OFFICE BUILDING
$645,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $610k (Aug 23 2024)
Last sale anchor
$610k
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
$195 / 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
$4,373
Tax year 2024
Assessed value
$213,396
Assessed 2024
Previous assessed
$213,396
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$67,985
Assessed improvement
$145,411
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1915
Heating
NONE
Units
1
Bathrooms
2
Total area
3,132 SF
Lot
0.1 ac (4,532 SF)
Zoning code
HPCN*
APN
6320-033-025
UPID
US09-8662423
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HPCN* · Huntington Park, CA
Zoning HPCN* · permitted uses
HPCN* · Huntington Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Huntington Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$700,000
WAREHOUSE, STORAGE
Est. value
$920,000
RETAIL STORES
Est. value
$720,000
COMMERCIAL (GENERAL)
Est. value
$690,000
OFFICE BUILDING
Est. value
$645,000
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1915
Heating
NONE
Units
1
Bathrooms
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Hard Hat Builders
Individual
Mailing address
11532 FALCONHILL DR, WHITTIER, CA 90604-3616
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2025
—
Hard Hat Builders
—
Deed
related
$750,000 · F2 Finance LLC
Aug 23, 2024
$610,000
Hard Hat Builders
Raman L Bhadrecha
Grant Deed
$515,000 · Real Property Funding Group LLC
Jan 2, 2001
—
Bhadrecha,raman L & Nita R Trust
Bhadrecha,r L & N R
Quit Claim Deed
related
—
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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