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Property profile & analytics
OFF-MARKET
Estimated value
$15,390,000
Warehouses
5951 Firestone Blvd South Gate, CA 90280-3707
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8607798
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1988
Construction
TILT-UP CONCRETE
Total area
128,508 SF
Lot
5.43 ac (236,601 SF)
Zoning code
SGM3*
APN
6232-005-008
UPID
US09-8607798
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
-
Nova Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$17.86M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.39M
Owner & transaction history
City Of South Gate · 6 yrs held
City Of South Gate
since 2020
7 recorded transactions
Zoning & alternative use
SGM3* · South Gate, 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 South Gate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Gate 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%
$19,345,000
6.5%
$17,855,000
7%
$16,580,000
Blend value · Realmo final
$15.39M
Range $13.85M – $16.93M · ±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
$120 / 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
$173,797
Tax year 2024
Assessed value
$12,541,151
Assessed 2024
Previous assessed
$12,541,151
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$8,028,961
Assessed improvement
$4,512,190
Applied tax rate
15.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
128,508 SF
Lot
5.43 ac (236,601 SF)
Zoning code
SGM3*
APN
6232-005-008
UPID
US09-8607798
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SGM3* · South Gate, CA
Zoning SGM3* · permitted uses
SGM3* · South Gate, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Gate. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
5.43 ac
Current owner
From public records · entity-resolved
City Of South Gate
Entity
Free & Clear · 6 yrs held
Mailing address
14800 RINALDI ST, MISSION HILLS, CA 91345-1230
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2021
—
Nova Storage South Gate LP
—
Deed
related
$23,850,000 · State Farm Life Insurance Co
Mar 6, 2020
—
City Of South Gate
Nova Storage South Gate LP
Grant Deed
—
Jul 29, 2016
—
Nova Storage South Gate LP
—
Deed
related
—
Jan 31, 2014
—
Nova Property Management LLC
Layne Larry Living Trust
Quit Claim Deed
—
Mar 8, 2013
—
Layne,larry Living Trust
Larry Layne
Quit Claim Deed
related
—
Jan 4, 2011
—
Layne,lawrence F
Sheelagh Boyd
Quit Claim Deed
related
—
Jan 4, 2011
$1,395,000
Layne,lawrence F
Mcclung Dev LLC
Grant Deed
—
Mar 26, 2009
$8,569,000
Layne,lawrence F
Firestone Self Storage LLC
Grant Deed
—
—
—
Layne,larry Living Trust
—
Deed Of Trust
related
$4,300,000 · Kinecta FCU
—
—
Layne,larry Living Trust
—
Loan Modification
related
$7,200,000 · Kinecta FCU
—
—
Mcclung Development LP
—
Deed Of Trust
related
$2,600,000 · Sun Life Assurance Co Canada
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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