Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,830,000
Outlet malls
2541 Manchester Blvd Inglewood, CA 90305
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-6749820
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1940
Construction
TILT-UP CONCRETE
Total area
14,930 SF
Lot
0.35 ac (15,147 SF)
Zoning code
INC2*
APN
4010-034-013
UPID
US09-6749820
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
$4.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.70M
Blend (final)
Blend
$3.83M
Owner & transaction history
Clarence E Mcclendon Ministries Ful · 5 yrs held
Clarence E Mcclendon Ministries Ful
since 2021
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
INC2* · Inglewood, 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 Inglewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inglewood 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
$4,250,000
ML approach
$4,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$5,310,000
Current use
OFFICE BUILDING
$5,015,000
Change: -6% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,590,000
Change: -14% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,385,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$3.83M
Range $3.45M – $4.21M · ±10% · vs last sale $3.60M (May 24 2021)
Last sale anchor
$3.60M
May 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
$257 / 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
$51,414
Tax year 2024
Assessed value
$3,820,348
Assessed 2024
Previous assessed
$3,820,348
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$3,183,624
Assessed improvement
$636,724
Applied tax rate
13.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1940
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
14,930 SF
Lot
0.35 ac (15,147 SF)
Zoning code
INC2*
APN
4010-034-013
UPID
US09-6749820
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INC2* · Inglewood, CA
Zoning INC2* · permitted uses
INC2* · Inglewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inglewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.3M
OFFICE BUILDING
Est. value
$5.0M
INDUSTRIAL (GENERAL)
Est. value
$4.6M
WAREHOUSE, STORAGE
Est. value
$4.4M
RETAIL STORES Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
1940
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Clarence E Mcclendon Ministries Ful
Individual
Mailing address
2541 W MANCHESTER BLVD, INGLEWOOD, CA 90305
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
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2024
—
Clarence E Mcclendon Ministries Ful
—
Deed
related
$50,000 · Legacy Bank
Apr 13, 2022
—
Clarence E Mcclendon Ministries Ful
—
Deed
related
$2,000,000 · United States Small Business Admin
May 24, 2021
$3,600,000
Clarence E Mcclendon Ministries Ful
Maxvi 1 LLC
Grant Deed
$1,830,000 · Foreclosure Specialists INC
May 24, 2021
—
Clarence E Mcclendon Ministries Ful
—
Deed
related
$400,000 · Maxvi 1 LLC
Jul 26, 2018
$3,262,376
Maxvi 1 LLC
Mortgage Lender Svcs INC|saint Paul Baptist Ch Of
Trustees Deed
related
—
Jun 8, 2017
—
Saint Paul Baptist Ch Of Los Ange
—
Trustees Deed
related
$509,767 · Orbis Lending Fund IV LP
Aug 16, 2016
—
Saint Paul Baptist Church Of
—
Trustees Deed
related
$2,300,000 · Allrise Orbis Maximus Core Lending Fund Allrise Orbis Maximus Core Lending Fund
Nov 9, 2015
—
Saint Paul Baptist Church Of La
Saint Paul Baptist Church Of La
Quit Claim Deed
related
—
Aug 27, 2013
$500,000
Saint Paul Baptist Church
Century Affordable Dev INC
Grant Deed
—
Jan 31, 2008
—
The Calvary Christian Fellowship Co
2541 West Manchester Boulevard LLC
Grant Deed
$925,000 · Century Housing Corp
Apr 21, 2006
—
2541 West Manchester Boulevard
Compassionate Heart Ministries
Quit Claim Deed
related
—
Apr 21, 2006
$1,200,000
2541 West Manchester Boulevard
Isaacs,alvin L
Grant Deed
—
Jun 8, 2005
—
Alvin L Isaacs
Isaacs,demetrice
Quit Claim Deed
$780,000 · Wilchfort Family Trust
Sep 16, 2003
—
Alvin L Lisaacs
Calvary Mennoite Church
Grant Deed
related
—
Oct 15, 2001
—
Calvary Mennonite Church Of
Sdh Properties LLC
Grant Deed
related
—
Aug 4, 1999
—
Sdh Properties LLC
—
Deed Of Trust
related
—
Jun 10, 1999
—
Charles Perez
—
Deed Of Trust
related
—
Mar 26, 1999
—
Walnut Properties INC
—
Deed Of Trust
related
—
Nov 21, 1997
—
Tate Trust
—
Deed Of Trust
related
$14,582,028 · Individual
Aug 22, 1995
—
Tate George Decd Est Of
—
Deed Of Trust
related
—
Oct 23, 1992
—
George Tate
—
Deed Of Trust
related
—
—
—
Calvary Mennonite Church Of In
—
Deed Of Trust
related
$238,000 · Hkc Investment INC
—
—
Tate,trust
—
Deed Of Trust
related
$653,311 · Queen City Bank
—
—
Tate Trust
—
Deed Of Trust
related
$258,300 · Gold Coast Financial Pst
—
—
Saint Paul Baptist Church Of Los
—
Deed Of Trust
related
$1,450,000 · Allstar Fin'l Svcs
—
—
Saint Paul Baptist Church Of Los
—
Deed Of Trust
related
$550,000 · Setty Erez E 1996 Trust (rt)
—
—
Saint Paul Baptist Church Of Los
—
Deed Of Trust
related
$200,000 · Setty Erez E 1996 Trust (rt)
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2541 Manchester Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
