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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Manufacturing properties
4823 Marine Ave Lawndale, CA 90260-1249
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8423437
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Construction
TILT-UP CONCRETE
Total area
1,440 SF
Lot
0.07 ac (3,246 SF)
Zoning code
LNM1YY
APN
4149-003-013
UPID
US09-8423437
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
-
Cinema Engineering Company Engineer
-
CinemaGear Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$625k
Blend (final)
Blend
$580k
Owner & transaction history
4823 Marine LLC · 2 yrs held
4823 Marine LLC
since 2023
Last sale
$600,000
5 recorded transactions
Zoning & alternative use
LNM1YY · Lawndale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$875,000
+123.9%
Auto repair, garage
$665,000
+70.2%
Medical building
$655,000
+67.3%
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
$550,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$390,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$875,000
Change: +124% · Conversion: Difficult
AUTO REPAIR, GARAGE
$665,000
Change: +70% · Conversion: Easy
MEDICAL BUILDING
$655,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$645,000
Change: +65% · Conversion: Difficult
RETAIL STORES
$550,000
Change: +41% · Conversion: Moderate
COMMERCIAL (GENERAL)
$445,000
Change: +14% · Conversion: Difficult
WAREHOUSE, STORAGE
$425,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $600k (Aug 29 2023)
Last sale anchor
$600k
Aug 29 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
$403 / 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
$9,064
Tax year 2024
Assessed value
$656,183
Assessed 2024
Previous assessed
$656,183
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$546,820
Assessed improvement
$109,363
Applied tax rate
12.0000
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
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
1,440 SF
Lot
0.07 ac (3,246 SF)
Zoning code
LNM1YY
APN
4149-003-013
UPID
US09-8423437
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LNM1YY · Lawndale, CA
Zoning LNM1YY · permitted uses
LNM1YY · 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
INDUSTRIAL (GENERAL) Current
Est. value
$390,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$665,000
MEDICAL BUILDING
Est. value
$655,000
OFFICE BUILDING
Est. value
$645,000
RETAIL STORES
Est. value
$550,000
COMMERCIAL (GENERAL)
Est. value
$445,000
WAREHOUSE, STORAGE
Est. value
$425,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
4823 Marine LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5179 ETHELDO AVE, CULVER CITY, CA 90230-6022
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2023
—
4823 Marine LLC
Cinema Engineering Company LLC
Intrafamily Transfer
related
—
Nov 1, 2018
$600,000
Cinema Engineering Co LLC
Cruikshank Family Trust
Grant Deed
—
Dec 28, 2009
—
Cruikshank Family Trust
Cruikshank Family Trust
Quit Claim Deed
related
—
Oct 9, 1998
—
Cruikshank,john M & Janice M Co-
Cruikshank,j M & J M
Quit Claim Deed
related
—
Jan 25, 1972
$13,500
—
—
Grant Deed
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.
Try Rey
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