Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Warehouses
324 Florence Ave Inglewood, CA 90301-1104
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9632907
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Construction
TILT-UP CONCRETE
Total area
4,250 SF
Lot
0.21 ac (9,102 SF)
Zoning code
INM1*
APN
4020-006-028
UPID
US09-9632907
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
-
Barts Carts Take-out & Catering Catering Service
-
The Margarita Man Los Angeles Catering Service Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$985k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$925k
Owner & transaction history
Ruth Deborah Horwitz · 1 yrs held
Ruth Deborah Horwitz
since 2024
7 recorded transactions
Zoning & alternative use
INM1* · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.5M
+21.0%
Office building
$1.4M
+14.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,070,000
6.5%
$985,000
7%
$915,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,250,000
Current use
RETAIL STORES
$1,510,000
Change: +21% · Conversion: Moderate
OFFICE BUILDING
$1,430,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,175,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±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
$218 / 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
$18,103
Tax year 2024
Assessed value
$1,382,969
Assessed 2024
Previous assessed
$1,382,969
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$992,105
Assessed improvement
$390,864
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
4,250 SF
Lot
0.21 ac (9,102 SF)
Zoning code
INM1*
APN
4020-006-028
UPID
US09-9632907
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INM1* · Inglewood, CA
Zoning INM1* · permitted uses
INM1* · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.3M
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE Current
RETAIL STORES
OFFICE BUILDING
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
1977
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Ruth Deborah Horwitz
Individual
Free & Clear · 1 yrs held
Mailing address
230 BAY ST APT #10, SANTA MONICA, CA 90405-1042
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2024
—
Ruth Deborah Horwitz
David Neal Horwitz
Correction Deed
related
—
Feb 12, 2024
—
Joshua Francis Hirsch
Ruth Horwitz
Intrafamily Transfer
related
—
May 16, 2023
—
Ruth Deborah Horwitz
David Neal Horwitz
Intrafamily Transfer
related
—
Nov 22, 2021
—
Reed M Horwitz
Reed Horwitz
Intrafamily Transfer
related
—
Aug 23, 2021
—
Reed Horwitz
Reed Horwitz
Intrafamily Transfer
related
—
Jul 9, 2021
—
Reed Horwitz
Jacqueline Horwitz
Affidavit Death Of Trustee/successor Trustee
related
—
Oct 4, 2019
—
Horwitz Family Trust
Horwitz Family Trust
Quit Claim Deed
related
—
Mar 4, 2004
—
Schwartz,tr
Schwartz,arthur R
Quit Claim Deed
related
—
Jan 27, 2004
—
Arthur R Schwartz
Horwitz,tr
Quit Claim Deed
related
—
Jan 27, 2004
$10,000
Arthur R Schwartz
Horwitz,tr
Quit Claim Deed
related
—
Jun 4, 1998
—
Horwitz,nathan R & Lillian Trust
Horwitz,n R & L
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 324 Florence Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
