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Property profile & analytics
OFF-MARKET
Estimated value
$25,240,000
Office buildings
621 Hawaii St El Segundo, CA 90245-4814
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6743419
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Construction
TILT-UP CONCRETE
Total area
47,741 SF
Lot
1.97 ac (85,699 SF)
Zoning code
ESCM
APN
4138-010-005
UPID
US09-6743419
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
-
Toben Studio Electronics & Wireless Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$17.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$25.24M
Owner & transaction history
Blt Hawaii LLC · 3 yrs held
Blt Hawaii LLC
since 2022
Last sale
$27.4M
7 recorded transactions
Zoning & alternative use
ESCM · El Segundo, 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 El Segundo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Segundo 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
$27,525,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$18,555,000
6.5%
$17,125,000
7%
$15,900,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$36,630,000
Current use
RESTAURANT
$31,090,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$25.24M
Range $22.72M – $27.76M · ±10% · vs last sale $27.35M (Aug 12 2022)
Last sale anchor
$27.35M
Aug 12 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
$529 / 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
$366,088
Tax year 2024
Assessed value
$27,897,000
Assessed 2024
Previous assessed
$27,897,000
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$15,300,000
Assessed improvement
$12,597,000
Applied tax rate
9.0000
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
Status
Off-Market
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
47,741 SF
Lot
1.97 ac (85,699 SF)
Zoning code
ESCM
APN
4138-010-005
UPID
US09-6743419
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ESCM · El Segundo, CA
Zoning ESCM · permitted uses
ESCM · El Segundo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Segundo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$36.6M
RESTAURANT
Est. value
$31.1M
OFFICE BUILDING Current
RESTAURANT
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
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.97 ac
Current owner
From public records · entity-resolved
Blt Hawaii LLC
Entity
Mailing address
1714 16TH ST, SANTA MONICA, CA 90404-4402
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2023
—
Blt Hawaii LLC
—
Deed
related
$1,000 · Standard Insurance Co
Aug 12, 2022
$27,350,000
Blt Hawaii LLC
Pg Mac Hawaii LLC
Grant Deed
—
Feb 11, 2019
—
Pg Mac Hawaii LLC
—
Deed
related
$15,000,000 · Citizens Bank NA
Jul 11, 2018
$15,650,000
Pg-mac Hawaii LLC
621 Hawaii Street LLC
Grant Deed
—
Jun 30, 2015
$7,550,000
621 Hawaii Street LLC
Hawaii Es Venture LP
Grant Deed
$5,700,000 · California Bk&tr
Aug 28, 2012
—
Dickinson Francis E 2012 Trust
Haw-dickinson LLC
Quit Claim Deed
—
Jun 1, 2005
$11,100,000
Es Venture Hawaii
Sunrise Village II LLC
Grant Deed
$6,950,000 · Pnc Bank
Sep 21, 1994
$5,500,000
Hawaii Street Inevestments LP
Firstate Service Corp
Grant Deed
$4,675,000 · Seller
Dec 23, 1993
—
Serv Firstate
621 Hawaii Assoc
Grant Deed
related
—
Nov 25, 1991
—
621 Hawaii Assoc
—
Grant Deed
related
$2,500,000 · Continental Bank NA
—
—
Hawaii Street Investments
—
Deed Of Trust
related
$5,700,000 · Hawthorne Financial Corp
—
—
621
—
Deed Of Trust
related
$300,000 · Firestate Serv
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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