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Property profile & analytics
OFF-MARKET
Estimated value
$12,910,000
Warehouses
357 Van Ness Way Torrance, CA 90501-1483
Entity Owned
17-yr Hold
Free & Clear
Property ID
US09-7848002
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
TILT-UP CONCRETE
Total area
71,248 SF
Lot
9.31 ac (405,567 SF)
Zoning code
TOMI-BP
APN
7352-008-051
UPID
US09-7848002
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
-
Feher Law - Torrance Personal Injury Lawyers Law Firm
-
Kadiant Crisis Center Medical Clinic
-
Behavioral Education For Child Medical Clinic
-
Difference Financial - Los Angeles Financial & Insurance Services Insurance Agency
-
Aries Global Logistics, LLC Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.54M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.91M
Owner & transaction history
357 Van Ness Way LLC · 17 yrs held
357 Van Ness Way LLC
since 2009
3 recorded transactions
Zoning & alternative use
TOMI-BP · Torrance, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,910,000
6.5%
$16,535,000
7%
$15,355,000
Blend value · Realmo final
$12.91M
Range $11.62M – $14.20M · ±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
$181 / 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
$375,209
Tax year 2024
Assessed value
$30,431,240
Assessed 2024
Previous assessed
$30,431,240
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$9,029,221
Assessed improvement
$21,402,019
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
4
Stories
1
Total area
71,248 SF
Lot
9.31 ac (405,567 SF)
Zoning code
TOMI-BP
APN
7352-008-051
UPID
US09-7848002
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.
Building & site characteristics
From public records
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
4
Lot
9.31 ac
Current owner
From public records · entity-resolved
357 Van Ness Way LLC
Entity
Free & Clear · 17 yrs held
Mailing address
357 VAN NESS WAY STE #100, TORRANCE, CA 90501-1487
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2009
—
357 Van Ness Way LLC
Surf Management Associates
Quit Claim Deed
related
—
Aug 16, 2005
—
Surf Management Associates
Surf Management Associates
Quit Claim Deed
—
Oct 11, 1995
—
Surf Management Associates
—
Deed Of Trust
related
$10,000,000 · Aid Association For Lutheran
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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