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Property profile & analytics
OFF-MARKET
Estimated value
$3,400,000
Apartment buildings
4539 159th St Lawndale, CA 90260-2500
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7620677
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1987
Construction
WOOD
Total area
8,772 SF
Lot
0.22 ac (9,444 SF)
Zoning code
LNR3YY
APN
4080-024-054
UPID
US09-7620677
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
$3.40M
CAP Approach
CAP
$2.17M
Comparable Approach
Comparable
$2.72M
Blend (final)
Blend
$3.40M
Owner & transaction history
David R Kinninger · 1 yrs held
David R Kinninger
since 2024
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
LNR3YY · Lawndale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.3M
+142.4%
Auto repair, garage
$4.1M
+84.2%
Medical building
$4.0M
+81.1%
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 Lawndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawndale 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
$3,400,000
ML approach
$3,400,000
CAP Approach
CAP Return
Estimation
6%
$2,350,000
6.5%
$2,170,000
7%
$2,015,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,200,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,340,000
Change: +142% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,055,000
Change: +84% · Conversion: Difficult
MEDICAL BUILDING
$3,990,000
Change: +81% · Conversion: Moderate
OFFICE BUILDING
$3,935,000
Change: +79% · Conversion: Moderate
RETAIL STORES
$3,360,000
Change: +53% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,710,000
Change: +23% · Conversion: Moderate
Blend value · Realmo final
$3.40M
Range $3.06M – $3.74M · ±10% · vs last sale $3.40M (Aug 1 2024)
Last sale anchor
$3.40M
Aug 1 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
$388 / 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
$48,688
Tax year 2024
Assessed value
$3,718,393
Assessed 2024
Previous assessed
$3,718,393
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,203,008
Assessed improvement
$2,515,385
Applied tax rate
5.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
NONE
Cooling
YES
Units
10
Bathrooms
14
Total area
8,772 SF
Lot
0.22 ac (9,444 SF)
Zoning code
LNR3YY
APN
4080-024-054
UPID
US09-7620677
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LNR3YY · Lawndale, CA
Zoning LNR3YY · permitted uses
LNR3YY · Lawndale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lawndale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$4.1M
MEDICAL BUILDING
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.9M
RETAIL STORES
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1987
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
10
Bathrooms
14
Lot
0.22 ac
Current owner
From public records · entity-resolved
David R Kinninger
Individual
Mailing address
PO BOX 1448TH MANHATTAN BEACH, BEACH
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2024
—
David R Kinninger
David R Kinninger
Intrafamily Transfer
related
$1,325,000 · Oneunited Bank
Jul 26, 2018
$3,400,000
David R Kinninger
David Mitchell Williams
Grant Deed
$1,394,200 · Oneunited Bank
Nov 1, 2013
$1,900,000
David M Williams
M & T Christensen Properties LLC
Grant Deed
$1,400,000 · Sterling Bank
Aug 27, 2013
—
M & T Christen Properties LLC
M & T Christensen Properties LLC
Grant Deed
$1,293,750 · Jpmorgan Chase Bank NA
Nov 4, 2004
—
M & T Christensen Props LLC
Christensen,michael & Tammy
Quit Claim Deed
related
—
Mar 11, 2002
$850,000
Michael Christensen
Petipas-trevino
Grant Deed
$637,500 · United Commercial Bank
—
—
Michael Christensen
—
Deed Of Trust
related
$970,000 · Washington Mutual 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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