New search
Property profile & analytics
OFF-MARKET
Estimated value
$77,860,000
Warehouses
4240 190th St, Torrance, CA 90504-5515
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6384241
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1966
Construction
TILT-UP CONCRETE
Total area
306,836 SF
Lot
11.58 ac (504,287 SF)
Zoning code
TOMI-LT
APN
7352-001-024
UPID
US09-6384241
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
-
La bouchee - Verrine Specialist Take-out & Catering Catering Service
-
Vie Logistics Logistics Company Freight Service
-
Plycar Automotive Logistics Logistics Company Freight Service
-
EasyMassageChair.com Warehouse & Storage
-
Luxury Modern Home Renovation Specialist General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$71.21M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$77.86M
Owner & transaction history
Rexford Industrial 4240 190th LLC · 4 yrs held
Rexford Industrial 4240 190th LLC
since 2021
Last sale
$75.3M
6 recorded transactions
Zoning & alternative use
TOMI-LT · Torrance, 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 Torrance submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Torrance 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
$89,635,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$77,140,000
6.5%
$71,210,000
7%
$66,120,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$123,115,000
Current use
RETAIL STORES
$104,715,000
Change: -15% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$98,595,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$77.86M
Range $70.07M – $85.65M · ±10% · vs last sale $75.30M (Dec 23 2021)
Last sale anchor
$75.30M
Dec 23 2021
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
$254 / 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
$917,586
Tax year 2024
Assessed value
$78,342,120
Assessed 2024
Previous assessed
$78,342,120
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$46,818,000
Assessed improvement
$31,524,120
Applied tax rate
9.0000
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
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
306,836 SF
Lot
11.58 ac (504,287 SF)
Zoning code
TOMI-LT
APN
7352-001-024
UPID
US09-6384241
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TOMI-LT · Torrance, CA
Zoning TOMI-LT · permitted uses
TOMI-LT · Torrance, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Torrance. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$123.1M
RETAIL STORES
Est. value
$104.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$98.6M
WAREHOUSE, STORAGE Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
11.58 ac
Current owner
From public records · entity-resolved
Rexford Industrial 4240 190th LLC
Entity
Mailing address
11620 WILSHIRE BLVD10THFL, LOS ANGELES, CA 90025-1706
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Dec 23, 2021
$75,300,000
Rexford Industrial 4240 190th LLC
Z A Torrance Associates LLC
Grant Deed
—
Feb 16, 2018
—
Z & A Torrance Associates LLC
—
Deed
related
$13,000,000 · Miscellaneous Ins Co
Oct 31, 1997
—
Z/a Torrance Associates LLC
Bankers Trust Co Ca Trustee
Grant Deed
related
—
Aug 4, 1994
—
Bankers Trust Co Of Cal Tr
—
Deed Of Trust
related
—
—
—
Z/a Torrance Associates LLC
—
Deed Of Trust
related
$7,600,000 · Archon Financial LP
—
—
Z & A Torrance Associates LLC
—
Deed Of Trust
related
$13,000,000 · Miscellaneous Ins 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4240 190th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
