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Property profile & analytics
OFF-MARKET
Warehouses
2540 Palm Dr Signal Hill, CA 90755-4009
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6615555
Property summary
AI-generated overview
This 14,031-square-foot warehouse at 2540 N Palm Dr., Signal Hill, CA 90755, offers a unique opportunity. Built in 1990, this single-tenant property boasts a 21-foot ceiling height and ample parking with 36 spaces. The building features a versatile layout
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Construction
TILT-UP CONCRETE
Total area
14,031 SF
Lot
0.62 ac (26,976 SF)
Zoning code
SHM2*
APN
7217-002-064
UPID
US09-6615555
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David M Lalonde · 1 yrs held
David M Lalonde
since 2025
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
SHM2* · Signal Hill, 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 Signal Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Signal Hill 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
—
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
$49,590
Tax year 2024
Assessed value
$3,714,227
Assessed 2024
Previous assessed
$3,714,227
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,485,691
Assessed improvement
$2,228,536
Applied tax rate
5.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
14,031 SF
Lot
0.62 ac (26,976 SF)
Zoning code
SHM2*
APN
7217-002-064
UPID
US09-6615555
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SHM2* · Signal Hill, CA
Zoning SHM2* · permitted uses
SHM2* · Signal Hill, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Signal Hill. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
David M Lalonde
Individual
Mailing address
33 APPALOOSA LN, BELL CANYON, CA 91307-1002
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2025
$4,771,000
David M Lalonde
Annas Alda Family INC
Grant Deed
—
Jan 25, 2021
$2,200,000
Annas Alda Family INC
Palm Drive Emj LLC
Grant Deed
—
Dec 30, 2016
—
Palm Drive Emj LLC
—
Deed
related
$1,000,000 · Dennis & Debra Mazza
Feb 2, 2009
$2,400,000
Palm Drive Emj LLC
Temple Family Ptshp Ltd
Grant Deed
$1,800,000 · Temple Family Ptshp Ltd
Jan 17, 2008
$1,667,000
Temple Family Ptshp Ltd
Hill Edwin M & M V Trust
Grant Deed
—
Mar 22, 2006
—
Hill Edwin M Tr
Hill,martha V
Affidavit Of Death
related
$530,000 · Farmers & Merchants Bank Of Long Be
Apr 15, 2002
—
Hill,martha S Tr
Hill,e M Tr
Quit Claim Deed
related
—
Jul 7, 1998
—
Hill,edwin M & Martha V Trustees
Hill,e M & M V
Quit Claim Deed
related
—
Apr 28, 1993
$1,115,000
Hill Edwin M
—
Grant Deed
related
—
—
—
Palm Drive Emj LLC
—
Deed Of Trust
related
$1,000,000 · Mike Mudaris
—
—
Palm Drive Emj LLC
—
Deed Of Trust
related
$1,000,000 · Dennis & Debra Mazza
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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