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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Retail space
348 Arbor Vitae St Inglewood, CA 90301-3752
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8407806
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Construction
WOOD
Total area
2,280 SF
Lot
0.21 ac (9,201 SF)
Zoning code
INC2*
APN
4023-030-033
UPID
US09-8407806
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
-
Amazon Locker - Coletta Courier Service Postal Service
-
7-Eleven Grocery & Convenience Store
-
PNC Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
$885k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
348 Arbor Vitae LLC · 3 yrs held
348 Arbor Vitae LLC
since 2022
7 recorded transactions
Zoning & alternative use
INC2* · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+27.8%
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
$720,000
CAP Approach
CAP Return
Estimation
6%
$960,000
6.5%
$885,000
7%
$825,000
Alternative Use
Use
Estimation
RETAIL STORES
$810,000
Current use
MEDICAL BUILDING
$1,035,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$765,000
Change: -6% · Conversion: Easy
WAREHOUSE, STORAGE
$670,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$349 / 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
$61,194
Tax year 2024
Assessed value
$4,411,500
Assessed 2024
Previous assessed
$4,411,500
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$3,753,600
Assessed improvement
$657,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,280 SF
Lot
0.21 ac (9,201 SF)
Zoning code
INC2*
APN
4023-030-033
UPID
US09-8407806
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INC2* · Inglewood, CA
Zoning INC2* · permitted uses
INC2* · 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
RETAIL STORES Current
Est. value
$810,000
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$765,000
WAREHOUSE, STORAGE
Est. value
$670,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1972
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
348 Arbor Vitae LLC
Entity
Mailing address
541 S LUCERNE BLVD, LOS ANGELES, CA 90020-4750
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2022
—
348 Arbor Vitae LLC
—
Deed
related
$1,620,000 · Midfirst Bank
Aug 16, 2022
—
348 Arbor Vitae LLC
Joel J Chen
Grant Deed
—
Jan 11, 2022
$4,325,000
Joel J Chen
Inglewood Icon LLC
Grant Deed
$1,620,000 · 1st Century Bank NA
Mar 17, 2020
—
Inglewood Icon INC
—
Deed
related
$1,900,000 · First Fidelity Bank
May 6, 2019
—
Inglewood Icon LLC
—
Deed
related
$490,000 · Mortgage Cap Dev
Dec 20, 2018
$1,200,000
Inglewood Icon LLC
Lucy Soon H Cho
Grant Deed
$631,000 · Calprivate Bank
Dec 20, 2018
—
Lucy S H Cho
Cho,rex E
Affidavit Of Death
related
—
Jan 4, 2000
$405,000
Rex E Cho
—
Grant Deed
related
—
Jul 31, 1997
$260,000
G & J Seltzer LLC
Walker Trust
Grant Deed
$182,000 · Highland Federal Bank
Jun 4, 1993
—
Peter Walker II
—
Deed Of Trust
related
—
—
—
Inglewood Icon LLC
—
Deed Of Trust
related
$490,000 · Mortgage Cap Dev
—
—
Inglewood Icon LLC
—
Deed Of Trust
related
$631,000 · Private Busn Cap
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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