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Property profile & analytics
FOR LEASE
Manufacturing properties
5621 Pacific Blvd Huntington Park, CA 90255
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7371988
For Lease
1 / 7
$1,180,000
5621 Pacific Blvd, Huntington Park, CA 90255
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1947
Construction
TILT-UP CONCRETE
Total area
6,515 SF
Lot
0.16 ac (7,000 SF)
Zoning code
HPM2*
APN
6309-014-025
UPID
US09-7371988
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
$1.21M
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.18M
Owner & transaction history
Edmond Nemani · 6 yrs held
Edmond Nemani
since 2020
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
HPM2* · Huntington Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.9M
+32.0%
Retail stores
$1.5M
+3.1%
Apartment house (5+ units)
$1.5M
+0.7%
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 Huntington Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntington Park 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
$1,215,000
ML approach
$1,210,000
CAP Approach
CAP Return
Estimation
6%
$1,270,000
6.5%
$1,170,000
7%
$1,090,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,450,000
Current use
WAREHOUSE, STORAGE
$1,915,000
Change: +32% · Conversion: Easy
RETAIL STORES
$1,495,000
Change: +3% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,460,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.18M
Range $1.06M – $1.30M · ±10% · vs last sale $1.15M (Jan 31 2020)
Last sale anchor
$1.15M
Jan 31 2020
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
$181 / 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
$20,432
Tax year 2024
Assessed value
$1,233,030
Assessed 2024
Previous assessed
$1,233,030
+0.0% YoY
Effective rate
1.66%
On assessed value
Assessed land
$750,540
Assessed improvement
$482,490
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
For Lease
Year built
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
6,515 SF
Lot
0.16 ac (7,000 SF)
Zoning code
HPM2*
APN
6309-014-025
UPID
US09-7371988
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HPM2* · Huntington Park, CA
Zoning HPM2* · permitted uses
HPM2* · Huntington Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Huntington Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.9M
RETAIL STORES
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Edmond Nemani
Individual
Free & Clear · 6 yrs held
Mailing address
428 S LAS PALMAS AVE, LOS ANGELES, CA 90020-4816
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
—
Rya Realty LLC
—
Deed
related
$662,000 · Commercial Bk/ca
Jan 31, 2020
—
Edmond Nemani
Nat Pacific Note Group LLC
Quit Claim Deed
—
Jan 31, 2020
$1,150,000
Rya Realty LLC
Nat Pacific Note Group LLC
Grant Deed
$662,000 · Commercial Bk/ca
Apr 12, 2010
$300,000
Nat Pacific Note Group LLC
Fci Lender Services INC
Trustees Deed
related
—
Feb 9, 2010
—
Ernesto Castillo
Castillo,ernesto
Quit Claim Deed
related
—
Nov 14, 2006
—
Luis E Castillo
Castillo,ernesto
Quit Claim Deed
related
$442,000 · Pacific Premier Bank
Aug 2, 2006
—
Ernesto Castillo
Castillo,elias
Quit Claim Deed
related
—
Jun 3, 2004
—
Batchelder,tr
Batchelder,tr
Quit Claim Deed
related
—
Jun 3, 2004
$460,000
Elias Castillo
Batchelder,tr
Grant Deed
$340,000 · Batchelder Trust
—
—
Rya Realty LLC
—
Deed Of Trust
related
$662,000 · Commercial Bk/ca
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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