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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Turn key restaurants
2916 Manchester Blvd Inglewood, CA 90305-2439
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6424119
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1939
Construction
WOOD
Total area
2,930 SF
Lot
0.07 ac (3,002 SF)
Zoning code
INC2YY
APN
4026-002-003
UPID
US09-6424119
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
$935k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$574k
Blend (final)
Blend
$860k
Owner & transaction history
Paris Minzer · 4 yrs held
Paris Minzer
since 2022
Last sale
$854,008
7 recorded transactions
Zoning & alternative use
INC2YY · 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
$790,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $854k (Mar 30 2022)
Last sale anchor
$854k
Mar 30 2022
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
$294 / 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
$15,996
Tax year 2024
Assessed value
$888,501
Assessed 2024
Previous assessed
$888,501
+0.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$576,381
Assessed improvement
$312,120
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1939
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,930 SF
Lot
0.07 ac (3,002 SF)
Zoning code
INC2YY
APN
4026-002-003
UPID
US09-6424119
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INC2YY · Inglewood, CA
Zoning INC2YY · permitted uses
INC2YY · 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.
Building & site characteristics
From public records
Year built
1939
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Paris Minzer
Individual
Mailing address
420 S SAN PEDRO ST, LOS ANGELES, CA 90013-2182
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2022
$854,000
Paris Minzer
Michelle Mcarn
Grant Deed
—
Nov 10, 2021
$550,000
Michelle Mcarn
Frank Mchugh
Grant Deed
$400,000 · El Monte Investments LLC
Jun 15, 2021
$305,000
Frank Mchugh
Frederick A Flower
Trustees Deed
related
—
Mar 28, 2007
—
Live Wire Dev INC
Live Wire Dev INC
Quit Claim Deed
—
Oct 30, 2006
$300,000
Live Wire Dev INC
Flowers,frederick
Grant Deed
$10,000 · Frederick A Flowers
Jun 15, 2005
$103,000
Frederick Flowers
Perrelli Productions LLC
Grant Deed
—
Jun 15, 2005
—
Frederick Flowers
Flowers,mirjam
Quit Claim Deed
related
$240,000 · Lantern Financial Corp
Jun 16, 2003
—
Perrelli Productions LLC
Rodriguez,sergio H
Grant Deed
related
—
Sep 29, 1997
—
Sergio H Rodriguez
Mora,s
Grant Deed
related
—
Jul 10, 1997
—
Sandra Mora
Mora,e
Quit Claim Deed
related
—
Aug 7, 1996
—
Eucario Mora
Ortiz,e & L
Grant Deed
related
—
Mar 11, 1996
—
Eliazar Ortiz
Prado,j P
Grant Deed
related
—
Dec 19, 1991
$25,000
Jose P Prado
Garcia,maria C
Grant Deed
—
Jul 8, 1988
$60,000
Maria C Garcia
Goldberg Jack&
Grant Deed
—
—
—
Live Wire Dev INC
—
Deed Of Trust
related
$25,000 · Vgoa Corp
—
—
Wendell Stewart
—
Deed Of Trust
related
$35,000 · Danny Johnson
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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