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Property profile & analytics
OFF-MARKET
Estimated value
$8,595,000
Apartment buildings
521 218th Pl Carson, CA 90745-2845
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-6404289
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
WOOD
Total area
27,088 SF
Lot
0.36 ac (15,673 SF)
Zoning code
CARM25U&D*
APN
7343-019-082
UPID
US09-6404289
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
$8.84M
CAP Approach
CAP
$7.97M
Comparable Approach
Comparable
$5.35M
Blend (final)
Blend
$8.60M
Owner & transaction history
Friend N Buddy Group LLC · 4 yrs held
Friend N Buddy Group LLC
since 2022
Last sale
$10.4M
7 recorded transactions
Zoning & alternative use
CARM25U&D* · Carson, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$9.6M
+27.6%
Auto repair, garage
$8.6M
+14.0%
Retail stores
$7.6M
+1.3%
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 Carson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carson 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
$8,610,000
ML approach
$8,835,000
CAP Approach
CAP Return
Estimation
6%
$8,635,000
6.5%
$7,970,000
7%
$7,400,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,515,000
Current use
OFFICE BUILDING
$9,590,000
Change: +28% · Conversion: Moderate
AUTO REPAIR, GARAGE
$8,570,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$7,610,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$7,525,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$8.60M
Range $7.74M – $9.45M · ±10% · vs last sale $10.40M (Feb 11 2022)
Last sale anchor
$10.40M
Feb 11 2022
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
$317 / 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
$30,697
Tax year 2024
Assessed value
$2,166,432
Assessed 2024
Previous assessed
$2,166,432
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$1,123,632
Assessed improvement
$1,042,800
Applied tax rate
13.0000
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
1973
Construction
WOOD
Heating
NONE
Cooling
YES
Units
12
Bathrooms
48
Total area
27,088 SF
Lot
0.36 ac (15,673 SF)
Zoning code
CARM25U&D*
APN
7343-019-082
UPID
US09-6404289
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CARM25U&D* · Carson, CA
Zoning CARM25U&D* · permitted uses
CARM25U&D* · Carson, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$7.5M
OFFICE BUILDING
Est. value
$9.6M
AUTO REPAIR, GARAGE
Est. value
$8.6M
RETAIL STORES
Est. value
$7.6M
WAREHOUSE, STORAGE
Est. value
$7.5M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
WOOD
Heating
NONE
Cooling
Yes
Units
12
Bathrooms
48
Lot
0.36 ac
Current owner
From public records · entity-resolved
Friend N Buddy Group LLC
Entity
Mailing address
PO BOX 7868, TORRANCE, CA 90504-9268
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
28 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2022
—
Friend N Buddy Group LLC
—
Deed
related
$7,350,000 · First General Bank
Feb 11, 2022
$10,400,000
Friend N Buddy Group LLC
Bache Apartments La LLC
Grant Deed
$7,070,000 · Grand Pacific Financing Corporation
Jan 28, 2021
—
Bache Apartments-la LLC
—
Deed
related
$1,315,332 · Z Shores Fund 1 LLC
Aug 4, 2020
—
Makaha Properties LLC
—
Deed
related
$600,000 · Lapaz Investment Group LLC
Jun 5, 2020
—
Bache Apartments LLC
—
Deed
related
$150,000 · Kimberlee Drake
Apr 7, 2020
—
Bache Apartments La LLC
—
Deed
related
$2,000,000 · Signature Services
Sep 6, 2019
—
Bache Apartments-la LLC
—
Deed
related
$165,000 · Bronzetree Terraces LLC
Jun 8, 2018
—
Bache Apartments La LLC
—
Deed
related
$125,000 · Bronzetree Terraces LLC
Mar 21, 2018
—
Bache Apartments-la LLC
—
Deed
related
$850,000 · Qualfax INC
Feb 22, 2018
—
Bache Apartments-la LLC
—
Deed
related
$4,800,000 · Jp Morgan Chase Bk
Oct 23, 2017
—
Bache Apartments-la LLC
—
Deed
related
$200,000 · Bronzetree Terraces LLC
May 25, 2017
$2,867,000
Bache Apartments-la LLC
218 Carson Apartments LLC
Grant Deed
$3,600,000 · Lone Oak Fund
Dec 31, 2015
—
218 Carson Apartments LLC
Bache Apartments-la LLC
Quit Claim Deed
related
—
Jul 21, 2004
—
Bache Apartments-la LLC
Bache Apartments La LLC
Quit Claim Deed
related
—
Aug 11, 2000
—
Apts-la Bache
Bane T W Trustee,
Grant Deed
related
—
Jul 9, 1998
—
Bane Trust
—
Deed Of Trust
related
$1,250,000 · United Pacific Bank
Jul 6, 1998
$1,200,000
Terrance W Bane Trustee
Bartha,judith M
Trustees Deed
—
—
—
Makaha Properties LLC
—
Deed Of Trust
related
$600,000 · Lapaz Investment Group LLC
—
—
Bache Apartments-la LLC
—
Deed Of Trust
related
$1,350,000 · Gmac Commercial Mortgage Corp
—
—
Judith M Bartha
—
Deed Of Trust
related
$25,000 · Individual
—
—
Bache Apartments-la LLC
—
Deed Of Trust
related
$4,800,000 · Jp Morgan Chase Bk
—
—
Bache Apartments-la LLC
—
Deed Of Trust
related
$200,000 · Bronzetree Terraces LLC
—
—
Bache Apartments-la LLC
—
Deed Of Trust
related
$850,000 · Qualfax INC
—
—
Bache Apartments La LLC
—
Deed Of Trust
related
$125,000 · Bronzetree Terraces LLC
—
—
Bache Apartments LLC
—
Deed Of Trust
related
$150,000 · Kimberlee Drake
—
—
Bache Apartments-la LLC
—
Deed Of Trust
related
$165,000 · Bronzetree Terraces LLC
—
—
Bache Apartments-la LLC
—
Deed Of Trust
related
$1,315,332 · Z Shores Fund 1 LLC
—
—
Terrance W Bane
—
Deed Of Trust
related
$262,000 · United Pacific Bank
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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