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Property profile & analytics
OFF-MARKET
Estimated value
$14,385,000
Warehouses
3520 Challenger St Torrance, CA 90503-1640
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0075715
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Construction
TILT-UP CONCRETE
Total area
49,336 SF
Lot
2.48 ac (107,923 SF)
Zoning code
TOMI-BP
APN
7352-019-030
UPID
US10-0075715
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
-
Data-Driven Salon Summit Hair Salon Nail Salon
-
International Car Rental Show Car Rental Facility
-
Auto Rental Summit Car Rental Facility
-
Industry Summit Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.92M
CAP Approach
CAP
$11.45M
Comparable Approach
Comparable
$19.20M
Blend (final)
Blend
$14.39M
Owner & transaction history
Rexford Industrial Realty LP · 3 yrs held
Rexford Industrial Realty LP
since 2023
Last sale
$14.2M
7 recorded transactions
Zoning & alternative use
TOMI-BP · Torrance, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$22.8M
+15.3%
Medical building
$22.4M
+13.3%
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
$16,350,000
ML approach
$10,915,000
CAP Approach
CAP Return
Estimation
6%
$12,405,000
6.5%
$11,450,000
7%
$10,630,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$19,795,000
Current use
AUTO REPAIR, GARAGE
$22,820,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$22,425,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$16,835,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$14.39M
Range $12.95M – $15.82M · ±10% · vs last sale $14.20M (Feb 28 2023)
Last sale anchor
$14.20M
Feb 28 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
$292 / 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
$145,998
Tax year 2024
Assessed value
$12,434,597
Assessed 2024
Previous assessed
$12,434,597
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$7,154,580
Assessed improvement
$5,280,017
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
49,336 SF
Lot
2.48 ac (107,923 SF)
Zoning code
TOMI-BP
APN
7352-019-030
UPID
US10-0075715
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TOMI-BP · Torrance, CA
Zoning TOMI-BP · permitted uses
TOMI-BP · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$19.8M
AUTO REPAIR, GARAGE
Est. value
$22.8M
MEDICAL BUILDING
Est. value
$22.4M
RETAIL STORES
Est. value
$16.8M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
2.48 ac
Current owner
From public records · entity-resolved
Rexford Industrial Realty LP
Entity
Mailing address
11620 WILSHIRE BLVD STE #1000, LOS ANGELES, CA 90025-6821
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2023
$14,200,000
Rexford Industrial Realty LP
Exp 3520 Challenger LLC
Grant Deed
—
Feb 2, 2023
—
Exp 3520 Challenger LLC
John King Adams
Grant Deed
—
Dec 9, 2022
—
Landmark Infrastructure Holding Co
—
Deed
related
$219,658,000 · Wilmington Trust NA
Mar 4, 2019
$11,300,000
Exp 3520 Challenger LLC
Fairway LLC
Grant Deed
—
Jan 7, 2004
$5,600,000
Fairway LLC
Yonex Corp
Grant Deed
$5,006,959 · Mellon First Business Bank
Mar 1, 1996
—
Yonex Corp USA
Yonex Corp,
Quit Claim Deed
related
—
Dec 20, 1988
$2,724,000
Yonex
6710
Grant Deed
—
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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