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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Investment properties
421 Banning St Compton, CA 90222-1413
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6940265
Property summary
AI-generated overview
This exceptional 0.5-acre property at 421 Banning Street, Compton, CA, presents a rare opportunity for investors and entrepreneurs. The property boasts a 2,738 square foot warehouse, ideally suited for a variety of industrial uses, including auto repair, storage, or other similar businesses. The City of Compton permits numerous additional uses with the acquisition of the necessary special permits
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1923
Construction
WOOD
Total area
2,738 SF
Lot
0.5 ac (21,763 SF)
Zoning code
COML-B*
APN
6169-021-015
UPID
US09-6940265
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
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$476k
Blend (final)
Blend
$550k
Owner & transaction history
Douglas Hendrix · 1 yrs held
Douglas Hendrix
since 2024
Last sale
$550,000
6 recorded transactions
Zoning & alternative use
COML-B* · Compton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$610,000
+2.7%
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 Compton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Compton 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
$550,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$595,000
Current use
AUTO REPAIR, GARAGE
$610,000
Change: +3% · Conversion: Difficult
RETAIL STORES
$555,000
Change: -6% · Conversion: Easy
OFFICE BUILDING
$540,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (Aug 8 2024)
Last sale anchor
$550k
Aug 8 2024
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
$201 / 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
$20,742
Tax year 2024
Assessed value
$1,167,328
Assessed 2024
Previous assessed
$1,167,328
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$1,156,716
Assessed improvement
$10,612
Applied tax rate
11.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1923
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
2,738 SF
Lot
0.5 ac (21,763 SF)
Zoning code
COML-B*
APN
6169-021-015
UPID
US09-6940265
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
COML-B* · Compton, CA
Zoning COML-B* · permitted uses
COML-B* · Compton, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Compton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$595,000
AUTO REPAIR, GARAGE
Est. value
$610,000
RETAIL STORES
Est. value
$555,000
OFFICE BUILDING
Est. value
$540,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1923
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Douglas Hendrix
Individual
Free & Clear · 1 yrs held
Mailing address
619 S CORLETT AVE, COMPTON, CA 90220-3455
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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 8, 2024
—
Douglas Hendrix
Douglas Hendrix
Intrafamily Transfer
related
—
Nov 18, 2020
$550,000
Douglas Hendrix
Jonamari E Escobar
Grant Deed
$610,000 · Allstar Financial Services INC
Nov 18, 2020
—
Douglas Hendrix
Gina L Hendrx
Quit Claim Deed
related
—
Apr 6, 2005
$75,000
John Calley
Moyer Family Trust
Grant Deed
—
Jul 12, 1994
—
Moyer,norman C & Phebe L Trustee
Arenas,e R
Grant Deed
related
—
Jan 18, 1991
$235,000
Pacific Financia
Moyer Trust
Trustees Deed
$185,000 · Seller
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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