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Property profile & analytics
OFF-MARKET
Estimated value
$2,710,000
Manufacturing properties
3111 Lomita Blvd Torrance, CA 90505-5108
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-0076924
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Construction
TILT-UP CONCRETE
Total area
63,074 SF
Lot
2.37 ac (103,193 SF)
Zoning code
TOMI-LT
APN
7377-004-044
UPID
US10-0076924
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
-
Microcosm, Inc Corporate Office Factory
-
Microcosm, Incorporated Corporate Office Factory
-
Scorpius Space Launch Co Engineer
-
Dr. Bao Nguyen Physician
-
University Spine and Pain Center - Torrance Pain Management Clinic Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.71M
Owner & transaction history
Mahmood Izadi · 2 yrs held
Mahmood Izadi
since 2023
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
TOMI-LT · Torrance, 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 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
$2,590,000
ML approach
$2,590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.71M
Range $2.44M – $2.98M · ±10% · vs last sale $2.83M (Sep 27 2023)
Last sale anchor
$2.83M
Sep 27 2023
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
$43 / 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
$59,566
Tax year 2024
Assessed value
$4,518,868
Assessed 2024
Previous assessed
$4,518,868
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,804,350
Assessed improvement
$2,714,518
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
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
63,074 SF
Lot
2.37 ac (103,193 SF)
Zoning code
TOMI-LT
APN
7377-004-044
UPID
US10-0076924
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.
Building & site characteristics
From public records
Year built
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
2.37 ac
Current owner
From public records · entity-resolved
Mahmood Izadi
Individual
Mailing address
3115 LOMITA BLVD, TORRANCE, CA 90505-5108
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Sep 27, 2023
—
Mahmood Izadi
Mahmood Izadi
Intrafamily Transfer
related
—
Apr 1, 2022
—
Nasrin Vahidi Dastgerdi
Nasrin Vahidi Dastgerdi
Intrafamily Transfer
related
—
Jul 25, 2011
—
Mahmood Izadi
Izadi,mahmood
Quit Claim Deed
related
—
May 23, 1997
$2,830,000
Mahmood Izadi
Tei-fu Trust
Grant Deed
—
Jan 30, 1995
—
Tei Fu Chen
—
Deed Of Trust
related
—
—
—
Mahmood Izadi
—
Deed Of Trust
related
$200,000 · Rommel Trust
—
—
Mahmood Izadi
—
Deed Of Trust
related
$149,500 · Bank Of America
—
—
Mahmood Izadi
—
Deed Of Trust
related
$1,000,000 · Long Beach Area Certified Dev
—
—
Mahmood Izadi
—
Deed Of Trust
related
$973,000 · Bank Of America
—
—
Mahmood Izadi
—
Deed Of Trust
related
$350,000 · Individual
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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