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Property profile & analytics
OFF-MARKET
Manufacturing properties
2635 Fairfax Ave Culver City, CA 90232-7332
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-0341275
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1961
Construction
TILT-UP CONCRETE
Total area
2,400 SF
Lot
0.08 ac (3,473 SF)
Zoning code
CCM1
APN
4205-002-022
UPID
US10-0341275
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
Miracle Mile Fairfax LLC
Miracle Mile Fairfax LLC
since 2025
Last sale
$860,000
7 recorded transactions
Zoning & alternative use
CCM1 · Culver City, 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 Culver City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Culver City 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
$38,166
Tax year 2024
Assessed value
$3,280,935
Assessed 2024
Previous assessed
$3,280,935
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,816,137
Assessed improvement
$464,798
Applied tax rate
3.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
2,400 SF
Lot
0.08 ac (3,473 SF)
Zoning code
CCM1
APN
4205-002-022
UPID
US10-0341275
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CCM1 · Culver City, CA
Zoning CCM1 · permitted uses
CCM1 · Culver City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Culver City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Miracle Mile Fairfax LLC
Entity
Mailing address
2341 MICHIGAN AVE, SANTA MONICA, CA 90404-3907
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
Sep 17, 2025
$860,000
Miracle Mile Fairfax LLC
2635 Fairfax Owner LLC
Grant Deed
—
Jul 10, 2023
—
2635 Fairfax Owner LLC
—
Deed
related
$26,200,000 · Bloomfield Capital California Lender LLC
Dec 7, 2020
—
2635 Fairfax Owner LLC
—
Deed
related
$7,000,000 · First Republic Bank
Jan 31, 2019
$3,000,000
2635 Fairfax Owner LLC
Duggan 2007 Family Trust
Grant Deed
—
Jun 21, 2017
—
Chris M Duggan
—
Deed
related
$475,000 · Seidman Family Trust A (pt)
Jun 26, 2015
—
Duggan Family Trust
Duggan Chris M & Christa M
Quit Claim Deed
related
—
May 24, 2010
$722,000
Chris M Duggan
Seidman Family Trust A
Grant Deed
$475,000 · Seidman Family Trust A
Aug 19, 1997
—
Seidman,marvin P Trustee
Seidman M P Trustee,
Quit Claim Deed
related
—
Sep 8, 1989
—
Arleen L Triepke
Triep
Quit Claim Deed
related
—
—
—
Chris M Duggan
—
Deed Of Trust
related
$450,922 · Seidman Family Trust
—
—
Chris M Duggan
—
Loan Modification
related
$475,000 · Seidman Family Trust A (pt)
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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