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Property profile & analytics
OFF-MARKET
Estimated value
$2,730,000
Apartment buildings
25916 Narbonne Ave Lomita, CA 90717-3065
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6297726
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
15,896 SF
Lot
0.55 ac (24,011 SF)
Zoning code
LORVD1500*
APN
7553-006-038
UPID
US09-6297726
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
-
Narbonnne Apartments Apartment Building
-
Kayla the Critter Sitter Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.73M
Owner & transaction history
Narbonne Lomita 2012 LP · 13 yrs held
Narbonne Lomita 2012 LP
since 2012
7 recorded transactions
Zoning & alternative use
LORVD1500* · Lomita, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,520,000
Current use
Blend value · Realmo final
$2.73M
Range $2.46M – $3.00M · ±10%
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
$172 / 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
$51,723
Tax year 2024
Assessed value
$3,812,378
Assessed 2024
Previous assessed
$3,812,378
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$2,379,643
Assessed improvement
$1,432,735
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
NONE
Cooling
YES
Units
22
Bathrooms
22
Total area
15,896 SF
Lot
0.55 ac (24,011 SF)
Zoning code
LORVD1500*
APN
7553-006-038
UPID
US09-6297726
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LORVD1500* · Lomita, CA
Zoning LORVD1500* · permitted uses
LORVD1500* · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS) Current
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
1962
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
22
Bathrooms
22
Lot
0.55 ac
Current owner
From public records · entity-resolved
Narbonne Lomita 2012 LP
Entity
Mailing address
2161 W 182ND ST STE #100, TORRANCE, CA 90504-4343
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2012
—
Narbonne Lomita 2012 LP
Griffis,eldon R JR
Grant Deed
—
Feb 14, 2007
—
Eldon R Griffis JR.
Lounais-griffis,marchelle
Quit Claim Deed
related
—
Feb 14, 2007
$66,000
Eldon R Griffis JR.
South Bay Apts II
Grant Deed
—
Jun 1, 2005
—
Eldon R Griffis JR.
Lounais-griffis,marchelle
Quit Claim Deed
related
—
Jun 1, 2005
$170,000
Eldon R Griffis JR.
South Bay Apts II
Grant Deed
—
Dec 14, 2004
$230,500
South Bay Apts II
Pv Family
Grant Deed
related
—
Sep 15, 1999
$438,124
Oakdale Mobile Home Park INC
Griffis,eldon R & Marchelle L
Trustees Deed
—
Jan 26, 1999
$2,000
253rd Harbor City Partners II
Griffis,eldon R & Marchelle L
Grant Deed
related
—
Sep 29, 1989
—
John A Miehls
Miehl
Quit Claim Deed
related
—
Mar 31, 1988
$1,200,000
Griffis Eldon
Blak
Grant Deed
$960,000 · Coast Federal Bank
—
—
Eldon R Griffis
—
Deed Of Trust
related
$230,000 · Lawndale Properties
—
—
P V Family LP
—
Deed Of Trust
related
$784,562 · Vermont 53 LP
—
—
Cjb LLC
—
Deed Of Trust
related
$209,720 · Vermont 53 LP
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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