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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Apartment buildings
421 Mcdonald Ave Wilmington, CA 90744-5365
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6337340
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Construction
WOOD
Total area
6,735 SF
Lot
0.17 ac (7,189 SF)
Zoning code
LAR1
APN
7417-015-027
UPID
US09-6337340
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
by Request
CAP Approach
CAP
$1.67M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.26M
Owner & transaction history
Armin E Lohbrunner · 3 yrs held
Armin E Lohbrunner
since 2023
7 recorded transactions
Zoning & alternative use
LAR1 · Wilmington, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.0M
+25.4%
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 Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington 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%
$1,805,000
6.5%
$1,665,000
7%
$1,550,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,580,000
Current use
WAREHOUSE, STORAGE
$1,980,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±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
$187 / 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
$18,130
Tax year 2024
Assessed value
$1,406,763
Assessed 2024
Previous assessed
$1,406,763
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$842,629
Assessed improvement
$564,134
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
9
Rooms
4
Bathrooms
11
Total area
6,735 SF
Lot
0.17 ac (7,189 SF)
Zoning code
LAR1
APN
7417-015-027
UPID
US09-6337340
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR1 · Wilmington, CA
Zoning LAR1 · permitted uses
LAR1 · Wilmington, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilmington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS) Current
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
1985
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
9
Rooms
4
Bathrooms
11
Lot
0.17 ac
Current owner
From public records · entity-resolved
Armin E Lohbrunner
Individual
Mailing address
25529 KELLEY AVE, LOMITA, CA 90717-2409
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2023
—
Armin E Lohbrunner
Nancy N Lohbrunner
Affidavit Death Of Trustee/successor Trustee
related
$575,000 · Jpmorgan Chase Bank NA
Jun 30, 2016
—
Armin E Lohbrunner
—
Deed
related
$650,000 · Jpmorgan Chase Bank NA
Jul 26, 2007
—
Lohbrunner Family Trust
Lohbrunner,armin & Nancy
Quit Claim Deed
related
—
Apr 6, 2006
$1,050,000
Armin Lohbrunner
4146 Farmdale LLC
Grant Deed
$550,000 · Centennial Bank
Jun 16, 2004
$900,000
4146 Farmdale LLC
Yalamanchili,pallavi
Grant Deed
$581,750 · Pacific Premier Bank
Jul 11, 2003
$625,000
Pallavi Yalamanchili
Lipanovich,tr
Grant Deed
—
Oct 1, 2001
—
Cross,ron & Francine Tr
Cross,r & F
Quit Claim Deed
related
—
Aug 25, 1999
—
Joseph P Lipanovich
Lipanovich,j P & C M
Quit Claim Deed
related
—
Oct 24, 1997
$217,500
Joseph P Lipanovich
Fnb Real Estate Corp
Grant Deed
$163,125 · Southern Pacific Bank Corp
Mar 17, 1997
$230,000
Fnb Real Estate Corp
Robel,james W
Trustees Deed
—
Apr 5, 1996
$130,500
Cita,citation INC
Mccall,dale E & Hilda
Trustees Deed
—
Mar 26, 1992
—
Hilda Mccall
—
Deed Of Trust
related
—
—
—
Jas W Robel
—
Deed Of Trust
related
$130,500 · Minnick Howard K
—
—
Cross Trust
—
Deed Of Trust
related
$266,500 · Hawthorne Savings Bank Fsb
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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