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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Office buildings
3203 Florence Ave Huntington Park, CA 90255-5831
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8550052
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1946
Construction
WOOD
Total area
2,169 SF
Lot
0.08 ac (3,677 SF)
Zoning code
HPCG*
APN
6323-025-050
UPID
US09-8550052
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
$780k
Comparable Approach
Comparable
$737k
Blend (final)
Blend
$560k
Owner & transaction history
State And Florence Partnership · 8 yrs held
State And Florence Partnership
since 2018
7 recorded transactions
Zoning & alternative use
HPCG* · Huntington Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$635,000
+42.5%
Retail stores
$500,000
+11.2%
Commercial (general)
$480,000
+7.1%
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 Huntington Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntington Park 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%
$845,000
6.5%
$780,000
7%
$720,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$445,000
Current use
WAREHOUSE, STORAGE
$635,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$500,000
Change: +11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$480,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$560k
Range $504k – $616k · ±10%
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
$258 / 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
$11,020
Tax year 2024
Assessed value
$697,196
Assessed 2024
Previous assessed
$697,196
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$184,059
Assessed improvement
$513,137
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
2,169 SF
Lot
0.08 ac (3,677 SF)
Zoning code
HPCG*
APN
6323-025-050
UPID
US09-8550052
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HPCG* · Huntington Park, CA
Zoning HPCG* · permitted uses
HPCG* · Huntington Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Huntington Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$445,000
WAREHOUSE, STORAGE
Est. value
$635,000
RETAIL STORES
Est. value
$500,000
COMMERCIAL (GENERAL)
Est. value
$480,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
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
1946
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
State And Florence Partnership
Entity
Mailing address
1026 WALL ST2NDFL, LOS ANGELES, CA 90015-2306
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jul 30, 2021
—
State And Florence Partnership
—
Deed
related
$2,400,000 · First Republic Bank
May 14, 2018
—
State And Florence Partnership
Unity Investment Team LLC
Grant Deed
$2,500,000 · Wallis State Bank
Nov 15, 2017
—
Kourosh Zoghi
Hakimi,karolin D
Quit Claim Deed
related
—
Nov 15, 2017
$81,000
Kourosh Zoghi
Sahabian,edmond
Grant Deed
—
Sep 1, 2015
$865,000
Edmond Zahabian
Joon Lee Chang
Grant Deed
—
Sep 1, 2015
—
Sasha Khorsandi
Khorsandi,brittney
Quit Claim Deed
related
—
Oct 19, 1989
$325,000
Chang J Lee
Corona Juan G
Grant Deed
$243,750 · Mechanics National Bank
—
—
Chang J Lee
—
Deed Of Trust
related
$150,000 · California Center Bank
—
—
Chang J Lee
—
Deed Of Trust
related
$130,000 · Centerbank
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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