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Property profile & analytics
OFF-MARKET
Estimated value
$11,190,000
Manufacturing properties
2835 Columbia St Torrance, CA 90503-3804
Trust Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0072544
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1964
Construction
TILT-UP CONCRETE
Total area
48,480 SF
Lot
2.02 ac (87,818 SF)
Zoning code
TOMI-LT
APN
7352-009-003
UPID
US10-0072544
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
-
Blue Diamond Water Heater Repair Plumbing Service General Contractor
-
Celestron Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.28M
CAP Approach
CAP
$9.27M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.19M
Owner & transaction history
Centerpoint Properties Trust · 4 yrs held
Centerpoint Properties Trust
since 2021
Last sale
$11.6M
7 recorded transactions
Zoning & alternative use
TOMI-LT · Torrance, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$16.5M
+11.2%
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 Torrance submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Torrance 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
$11,265,000
ML approach
$10,280,000
CAP Approach
CAP Return
Estimation
6%
$10,035,000
6.5%
$9,265,000
7%
$8,605,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$14,875,000
Current use
RETAIL STORES
$16,545,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$11.19M
Range $10.07M – $12.31M · ±10% · vs last sale $11.61M (Oct 1 2021)
Last sale anchor
$11.61M
Oct 1 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
$231 / 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
$141,825
Tax year 2024
Assessed value
$12,073,842
Assessed 2024
Previous assessed
$12,073,842
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$7,750,980
Assessed improvement
$4,322,862
Applied tax rate
9.0000
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
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
48,480 SF
Lot
2.02 ac (87,818 SF)
Zoning code
TOMI-LT
APN
7352-009-003
UPID
US10-0072544
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TOMI-LT · Torrance, CA
Zoning TOMI-LT · permitted uses
TOMI-LT · Torrance, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Torrance. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$14.9M
RETAIL STORES
Est. value
$16.5M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
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
Buildings
2
Lot
2.02 ac
Current owner
From public records · entity-resolved
Centerpoint Properties Trust
Trust
Mailing address
1808 SWIFT DR, OAK BROOK, IL 60523-1573
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2021
$11,605,000
Centerpoint Properties Trust
2835 Columbia LLC
Grant Deed
—
Oct 3, 2017
—
2835 Columbia LLC
Celestron Acquisition LLC
Quit Claim Deed
related
$24,000,000 · Preferred Bk
Dec 28, 2005
—
Celestron Acquisition LLC
—
Deed Of Trust
related
$6,500,000 · East West Bank
Aug 6, 2002
—
Celestron Acquisition LLC
Feltman,james S
Grant Deed
$2,500,000 · Hilco Capital LP
Jun 3, 2002
—
J Feltman
Celestron,p
Grant Deed
related
—
—
—
Celestron Acquisition LLC
—
Loan Modification
related
$17,000,000 · East West Bk
—
—
Celestron Acquisition LLC
—
Deed Of Trust
related
$2,330,000 · East West Bank
—
—
Celestron Acquisition LLC
—
Deed Of Trust
related
$15,000,000 · East West Bank
—
—
2835 Columbia LLC
—
Loan Modification
related
$1,975,273 · Preferred Bk
—
—
Celestron Acquisition LLC
—
Deed Of Trust
related
$2,550,000 · Manufacturers Bank
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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