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Property profile & analytics
OFF-MARKET
Estimated value
$3,995,000
Manufacturing properties
401 Hindry Ave Inglewood, CA 90301-2015
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9835471
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1961
Construction
TILT-UP CONCRETE
Total area
9,550 SF
Lot
0.44 ac (18,980 SF)
Zoning code
INM1*
APN
4126-005-009
UPID
US09-9835471
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
-
Weber Drilling Co Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.09M
Blend (final)
Blend
$4.00M
Owner & transaction history
401 Hindry INC · 2 yrs held
401 Hindry INC
since 2023
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
INM1* · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.2M
+111.8%
Neighborhood: shopping center
$5.8M
+98.0%
Medical building
$4.3M
+47.9%
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 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
$4,315,000
ML approach
$4,180,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,935,000
Current use
RESTAURANT
$6,220,000
Change: +112% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,810,000
Change: +98% · Conversion: Difficult
MEDICAL BUILDING
$4,340,000
Change: +48% · Conversion: Difficult
RETAIL STORES
$3,395,000
Change: +16% · Conversion: Moderate
OFFICE BUILDING
$3,210,000
Change: +9% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,805,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$4.00M
Range $3.60M – $4.39M · ±10% · vs last sale $3.70M (Oct 20 2023)
Last sale anchor
$3.70M
Oct 20 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
$418 / 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
$47,673
Tax year 2024
Assessed value
$3,700,000
Assessed 2024
Previous assessed
$3,700,000
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$2,590,000
Assessed improvement
$1,110,000
Applied tax rate
13.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
9,550 SF
Lot
0.44 ac (18,980 SF)
Zoning code
INM1*
APN
4126-005-009
UPID
US09-9835471
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INM1* · Inglewood, CA
Zoning INM1* · permitted uses
INM1* · 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
INDUSTRIAL (GENERAL) Current
Est. value
$2.9M
RESTAURANT
Est. value
$6.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.8M
MEDICAL BUILDING
Est. value
$4.3M
RETAIL STORES
Est. value
$3.4M
OFFICE BUILDING
Est. value
$3.2M
WAREHOUSE, STORAGE
Est. value
$2.8M
INDUSTRIAL (GENERAL) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
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
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
401 Hindry INC
Entity
Mailing address
3733 25TH AVE, SCHILLER PARK, IL 60176-2147
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
May 29, 2024
—
401 Hindry INC
—
Deed
related
$1,582,000 · Cdc Small Business Finance Corp
Oct 20, 2023
$3,700,000
401 Hindry INC
Greg A Milleman
Grant Deed
$2,004,624 · Harvest Commercial Capital LLC
Oct 20, 2023
—
Greg A Milleman
Jennifer Sue Milleman
Intrafamily Transfer
related
$1,546,047 · Harvest Commercial Capital LLC
Sep 8, 2021
—
Cheryl A Odermat
Laura K Milleman
Intrafamily Transfer
related
—
Jul 28, 1994
—
Wood Ronald K
Wood,m A
Quit Claim Deed
related
—
Oct 21, 1993
—
Wood Marlene A
—
Deed Of Trust
related
—
May 7, 1993
—
Weber,marlene Tr
—
Deed Of Trust
related
—
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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