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Property profile & analytics
OFF-MARKET
Estimated value
$2,530,000
Warehouses
3671 Industry Ave Lakewood, CA 90712-4132
Trust Owned
12-yr Hold
Free & Clear
Property ID
US09-7011963
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
TILT-UP CONCRETE
Total area
19,720 SF
Lot
0.92 ac (40,244 SF)
Zoning code
LKMZ*
APN
7149-007-011
UPID
US09-7011963
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
-
A-1 Higher Graphics Marketing & Advertising Advertising Agency
-
CCS Electrical Service General Contractor
-
SENSE Gym Gym & Fitness Center
-
Metrology Services Laboratory Repair Service
-
SOCAL VEG VIBES MEATLESS MONDAYS VEGAN POP-UP @ Syncopated Brewing Co (Mondays 5-9pm) Take-out & Catering Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.53M
Owner & transaction history
Herley,j E 1990 Trust · 12 yrs held
Herley,j E 1990 Trust
since 2014
4 recorded transactions
Zoning & alternative use
LKMZ* · Lakewood, 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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$128 / 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
$32,231
Tax year 2024
Assessed value
$2,209,603
Assessed 2024
Previous assessed
$2,209,603
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$1,019,817
Assessed improvement
$1,189,786
Applied tax rate
12.0000
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
3
Stories
1
Total area
19,720 SF
Lot
0.92 ac (40,244 SF)
Zoning code
LKMZ*
APN
7149-007-011
UPID
US09-7011963
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LKMZ* · Lakewood, CA
Zoning LKMZ* · permitted uses
LKMZ* · Lakewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakewood. 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
3
Lot
0.92 ac
Current owner
From public records · entity-resolved
Herley,j E 1990 Trust
Trust
Free & Clear · 12 yrs held
Mailing address
PO BOX 7397, LONG BEACH, CA 90807-0397
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2014
—
Herley,j E 1990 Trust
Herley J E 1990 Trust
Quit Claim Deed
related
—
Jun 30, 1993
—
Herley,trust
Midland Mutual L
Grant Deed
$550,000 · Midland Mutual Lif
Feb 1, 1993
$800,000
Midland Mutual Life Insurance Co
Industry Avenue
Trustees Deed
related
—
—
—
Herley Trust
—
Deed Of Trust
related
$500,000 · Safeco Life Insurance Co
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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