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Property profile & analytics
FOR LEASE
Warehouses
3737 S Santa Fe Ave Vernon, CA 90058
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8499751
For Lease
1 / 2
$7,225,000
3737 S Santa Fe Ave, Vernon, CA 90058
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Construction
TILT-UP CONCRETE
Total area
15,364 SF
Lot
0.54 ac (23,736 SF)
Zoning code
VEM*
APN
6302-014-024
UPID
US09-8499751
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.63M
Blend (final)
Blend
$7.23M
Owner & transaction history
3737 S Santa Fe LLC · 2 yrs held
3737 S Santa Fe LLC
since 2023
Last sale
$7.1M
6 recorded transactions
Zoning & alternative use
VEM* · Vernon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.4M
+95.6%
Office building
$7.7M
+80.6%
Medical building
$7.0M
+63.9%
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 Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vernon 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
$8,175,000
ML approach
$8,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$8,350,000
Change: +96% · Conversion: Easy
OFFICE BUILDING
$7,710,000
Change: +81% · Conversion: Difficult
MEDICAL BUILDING
$7,000,000
Change: +64% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,505,000
Change: +52% · Conversion: Moderate
RETAIL STORES
$6,310,000
Change: +48% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,600,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$7.23M
Range $6.50M – $7.95M · ±10% · vs last sale $7.10M (Aug 31 2023)
Last sale anchor
$7.10M
Aug 31 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
$470 / 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
$79,304
Tax year 2024
Assessed value
$5,756,000
Assessed 2024
Previous assessed
$5,756,000
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$2,966,000
Assessed improvement
$2,790,000
Applied tax rate
10.0000
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
For Lease
Year built
1995
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
15,364 SF
Lot
0.54 ac (23,736 SF)
Zoning code
VEM*
APN
6302-014-024
UPID
US09-8499751
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
VEM* · Vernon, CA
Zoning VEM* · permitted uses
VEM* · Vernon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vernon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$8.4M
OFFICE BUILDING
Est. value
$7.7M
MEDICAL BUILDING
Est. value
$7.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.5M
RETAIL STORES
Est. value
$6.3M
COMMERCIAL (GENERAL)
Est. value
$4.6M
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1995
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
3737 S Santa Fe LLC
Entity
Mailing address
6045 SCOTT WAY, COMMERCE, CA 90040-3515
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2023
$7,100,000
3737 S Santa Fe LLC
Loit
Grant Deed
$5,680,000 · First Citizens Bank & Trust Co
Oct 1, 2021
$6,350,000
Loit A California Corporation
Vernon Industrial LLC
Grant Deed
—
Aug 4, 2016
—
Vernon Industrial LLC
—
Deed
related
$953,234 · Bank Of America
Aug 14, 2009
$2,200,000
Vernon Industrial LLC
Malburg Family Trust
Grant Deed
$1,100,000 · Bank Of America
—
—
Vernon Industrial LLC
—
Deed Of Trust
related
$953,234 · Bank Of America
—
—
Vernon Industrial LLC
—
Deed Of Trust
related
$888,000 · Cdc Small Business Finance 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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