Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,750,000
Warehouses
2640 26th St Vernon, CA 90058-1218
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-8590593
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1964
Construction
TILT-UP CONCRETE
Total area
39,836 SF
Lot
1.89 ac (82,512 SF)
Zoning code
VEM&MS3*
APN
6302-001-028
UPID
US09-8590593
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.75M
CAP Approach
CAP
$9.25M
Comparable Approach
Comparable
$14.60M
Blend (final)
Blend
$13.75M
Owner & transaction history
L&l2640 LLC · 2 yrs held
L&l2640 LLC
since 2024
Last sale
$13.8M
5 recorded transactions
Zoning & alternative use
VEM&MS3* · Vernon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$21.7M
+95.6%
Office building
$20.0M
+80.6%
Medical building
$18.1M
+63.9%
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 Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vernon 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
$13,750,000
ML approach
$13,750,000
CAP Approach
CAP Return
Estimation
6%
$10,015,000
6.5%
$9,245,000
7%
$8,585,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$11,070,000
Current use
AUTO REPAIR, GARAGE
$21,655,000
Change: +96% · Conversion: Easy
OFFICE BUILDING
$19,995,000
Change: +81% · Conversion: Difficult
MEDICAL BUILDING
$18,145,000
Change: +64% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$16,870,000
Change: +52% · Conversion: Moderate
RETAIL STORES
$16,355,000
Change: +48% · Conversion: Moderate
COMMERCIAL (GENERAL)
$11,935,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$13.75M
Range $12.38M – $15.13M · ±10% · vs last sale $13.75M (Jan 5 2024)
Last sale anchor
$13.75M
Jan 5 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
$345 / 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
$145,714
Tax year 2024
Assessed value
$9,020,268
Assessed 2024
Previous assessed
$9,020,268
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$5,306,040
Assessed improvement
$3,714,228
Applied tax rate
10.0000
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
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
39,836 SF
Lot
1.89 ac (82,512 SF)
Zoning code
VEM&MS3*
APN
6302-001-028
UPID
US09-8590593
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
VEM&MS3* · Vernon, CA
Zoning VEM&MS3* · permitted uses
VEM&MS3* · Vernon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vernon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$11.1M
AUTO REPAIR, GARAGE
Est. value
$21.7M
OFFICE BUILDING
Est. value
$20.0M
MEDICAL BUILDING
Est. value
$18.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$16.9M
RETAIL STORES
Est. value
$16.4M
COMMERCIAL (GENERAL)
Est. value
$11.9M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.89 ac
Current owner
From public records · entity-resolved
L&l2640 LLC
Entity
Mailing address
2640 E 26TH ST, VERNON, CA 90058-1218
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2024
—
L&l2640 LLC
—
Deed
related
$4,472,000 · Advantage Cerufied Development Corporati
Jan 5, 2024
$13,750,000
L&l2640 LLC
Vernon By The River LLC
Grant Deed
$6,875,000 · Open Bank
Oct 13, 2020
$8,500,000
Vernon By The River LLC
2640 Vernon LLC
Grant Deed
$4,500,000 · American Business Bank
Apr 23, 2015
$5,454,500
2640 Vernon LLC
Kbl Properties Ltd
Grant Deed
$3,545,200 · Bank Of The West
—
—
Kbl
—
Deed Of Trust
related
$233,409 · Karney Trust
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 2640 26th St?
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.
