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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Apartment buildings
3164 Cherokee Ave South Gate, CA 90280-5752
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7422578
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1946
Construction
WOOD
Total area
5,315 SF
Lot
0.27 ac (11,572 SF)
Zoning code
SGR3YY
APN
6207-024-002
UPID
US09-7422578
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
$1.32M
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.53M
Owner & transaction history
Bi Properties
Bi Properties
since 2026
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
SGR3YY · South Gate, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+124.4%
Office building
$2.4M
+121.4%
Warehouse, storage
$1.6M
+45.0%
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 South Gate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Gate 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,425,000
6.5%
$1,315,000
7%
$1,220,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,075,000
Current use
MEDICAL BUILDING
$2,415,000
Change: +124% · Conversion: Moderate
OFFICE BUILDING
$2,385,000
Change: +121% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,560,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,130,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±10% · vs last sale $1.75M (Jan 7 2026)
Last sale anchor
$1.75M
Jan 7 2026
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
$287 / 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
$13,920
Tax year 2024
Assessed value
$970,114
Assessed 2024
Previous assessed
$970,114
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$580,291
Assessed improvement
$389,823
Applied tax rate
15.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Units
8
Bathrooms
8
Total area
5,315 SF
Lot
0.27 ac (11,572 SF)
Zoning code
SGR3YY
APN
6207-024-002
UPID
US09-7422578
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SGR3YY · South Gate, CA
Zoning SGR3YY · permitted uses
SGR3YY · South Gate, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Gate. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.4M
WAREHOUSE, STORAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1946
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
8
Bathrooms
8
Lot
0.27 ac
Current owner
From public records · entity-resolved
Bi Properties
Entity
Mailing address
3820 SARATOGA ST, PICO RIVERA, CA 90660-5909
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
$1,750,000
Bi Properties
Salvador R Avitia
Grant Deed
$1,487,500 · Salvador Avitia Etal
Aug 31, 2015
$835,000
Salvador R Avitia
Farkas Inge 1987 Trust
Grant Deed
—
Nov 22, 2004
—
Farkas Inge 1987 Trust
Farkas Inge 1987 Trust
Quit Claim Deed
related
$310,000 · East-west Investment INC
Dec 28, 2001
—
Farkas,inge Tr
Wotick,i A
Grant Deed
related
—
Feb 16, 2001
$230,000
Irene A Wotick
Inge Trust
Grant Deed
—
Oct 13, 1992
$96,500
Galindo Financial Corp
Galindo,financia
Grant Deed
related
—
May 23, 1989
$97,000
Galindo Finl
Manz
Grant Deed
related
$39,500 · Manzo Jesus&mari
—
—
Luppino Family Trust
—
Deed Of Trust
related
$25,000 · Luis C Sanchez
—
—
Farkas,tr
—
Deed Of Trust
related
$70,000 · Farkas 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.
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