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Property profile & analytics
OFF-MARKET
Estimated value
$34,980,000
Office buildings
500 190th St Gardena, CA 90248-4268
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-9144352
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1971
Construction
STEEL FRAME
Total area
120,790 SF
Lot
5.26 ac (229,014 SF)
Zoning code
CAML&D*
APN
7339-009-016
UPID
US09-9144352
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
-
Episource LLC (Bike/Boat/Book/etc) Store Corporate Office
-
Tireco Inc (Bike/Boat/Book/etc) Store Auto Parts Store
-
Ana Marrero Physician
-
Gereine Mae Datan Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$43.33M
Comparable Approach
Comparable
$38.51M
Blend (final)
Blend
$34.98M
Owner & transaction history
Rm 190th LP · 5 yrs held
Rm 190th LP
since 2021
1 recorded transaction
Zoning & alternative use
CAML&D* · Gardena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$54.9M
+24.2%
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 Gardena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gardena 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%
$46,940,000
6.5%
$43,330,000
7%
$40,235,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$44,225,000
Current use
MEDICAL BUILDING
$54,910,000
Change: +24% · Conversion: Easy
COMMERCIAL (GENERAL)
$38,590,000
Change: -13% · Conversion: Easy
RETAIL STORES
$35,455,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$34.98M
Range $31.48M – $38.48M · ±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
$290 / 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
$379,882
Tax year 2024
Assessed value
$29,416,445
Assessed 2024
Previous assessed
$29,416,445
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$12,117,882
Assessed improvement
$17,298,563
Applied tax rate
17.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1971
Construction
STEEL FRAME
Heating
NONE
Total area
120,790 SF
Lot
5.26 ac (229,014 SF)
Zoning code
CAML&D*
APN
7339-009-016
UPID
US09-9144352
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CAML&D* · Gardena, CA
Zoning CAML&D* · permitted uses
CAML&D* · Gardena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gardena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$44.2M
MEDICAL BUILDING
Est. value
$54.9M
COMMERCIAL (GENERAL)
Est. value
$38.6M
RETAIL STORES
Est. value
$35.5M
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1971
Construction
STEEL FRAME
Heating
NONE
Lot
5.26 ac
Current owner
From public records · entity-resolved
Rm 190th LP
Entity
Mailing address
500 W 190TH ST6THFL, GARDENA, CA 90248-4268
Mailing matches property
Yes
Owner-occupied
Yes
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2021
—
Rm 190th LP
—
Deed
related
$12,150,000 · Citi Real Estate Funding INC
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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