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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Manufacturing properties
5916 Smiley Dr Culver City, CA 90232-7319
Individually Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6271370
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1948
Construction
WOOD
Total area
4,948 SF
Lot
0.14 ac (6,235 SF)
Zoning code
CCM1
APN
4205-003-034
UPID
US09-6271370
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
by Request
CAP Approach
CAP
$945k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$830k
Owner & transaction history
Homero Ramos · 21 yrs held
Homero Ramos
since 2004
7 recorded transactions
Zoning & alternative use
CCM1 · Culver City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Culver City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Culver City 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%
$1,025,000
6.5%
$945,000
7%
$880,000
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$168 / 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
$12,991
Tax year 2024
Assessed value
$1,024,918
Assessed 2024
Previous assessed
$1,024,918
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$956,600
Assessed improvement
$68,318
Applied tax rate
3.0000
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
1948
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
4,948 SF
Lot
0.14 ac (6,235 SF)
Zoning code
CCM1
APN
4205-003-034
UPID
US09-6271370
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CCM1 · Culver City, CA
Zoning CCM1 · permitted uses
CCM1 · Culver City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Culver City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Homero Ramos
Individual
Mailing address
3451 SHERBOURNE DR, CULVER CITY, CA 90232-7439
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2004
—
Homero Ramos
Ramos,magdalena
Quit Claim Deed
related
$418,000 · Allstar Financial
Sep 28, 2001
—
Martin Sherman
—
Grant Deed
related
—
Dec 11, 2000
—
Magnum
Leisner,e & I Trustees
Quit Claim Deed
related
—
Sep 15, 1999
$295,000
Leisner Trust
B & Y Enterprises LLC
Grant Deed
—
Jul 3, 1995
$86,000
B & Y Enterprises LLC
Hot Aqua Industries INC
Grant Deed
—
Dec 2, 1992
$260,000
Hot Aqua Industries INC
Bernstein,barbar
Grant Deed
$91,000 · Seller
Mar 3, 1992
$23,000
Barbara Kubarych
Bernstein,bruce
Grant Deed
—
—
—
Homero Ramos
—
Deed Of Trust
related
$432,000 · East West Bank
—
—
Homero Ramos
—
Deed Of Trust
related
$370,000 · Bank Of America
—
—
Martin Sherman
—
Deed Of Trust
related
$284,000 · Unionbancal Mortgage
—
—
Martin Sherman
—
Deed Of Trust
related
$108,500 · American Mutual Mortgage Psp
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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