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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Office buildings
654 Aerick St Inglewood, CA 90301-1903
Trust Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9808823
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1956
Construction
WOOD
Total area
1,778 SF
Lot
0.14 ac (5,998 SF)
Zoning code
INRM*
APN
4021-002-037
UPID
US09-9808823
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
-
Lerman & Son Orthotics & Prosthetics Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$625k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
Marshall,brenda L T Trust · 7 yrs held
Marshall,brenda L T Trust
since 2019
7 recorded transactions
Zoning & alternative use
INRM* · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$810,000
+35.3%
Retail stores
$630,000
+5.8%
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 Inglewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inglewood 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%
$675,000
6.5%
$625,000
7%
$580,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$595,000
Current use
MEDICAL BUILDING
$810,000
Change: +35% · Conversion: Easy
RETAIL STORES
$630,000
Change: +6% · Conversion: Moderate
WAREHOUSE, STORAGE
$520,000
Change: -13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$490,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$315 / 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
$8,695
Tax year 2024
Assessed value
$634,311
Assessed 2024
Previous assessed
$634,311
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$557,758
Assessed improvement
$76,553
Applied tax rate
4.0000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,778 SF
Lot
0.14 ac (5,998 SF)
Zoning code
INRM*
APN
4021-002-037
UPID
US09-9808823
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INRM* · Inglewood, CA
Zoning INRM* · permitted uses
INRM* · Inglewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inglewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$595,000
MEDICAL BUILDING
Est. value
$810,000
RETAIL STORES
Est. value
$630,000
WAREHOUSE, STORAGE
Est. value
$520,000
COMMERCIAL (GENERAL)
Est. value
$490,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1956
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Marshall,brenda L T Trust
Trust
Free & Clear · 7 yrs held
Mailing address
2625 W IMPERIAL HWY APT #3, INGLEWOOD, CA 90303-0908
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2019
$580,000
Marshall,brenda L T Trust
Rama Npl 1 LLC
Grant Deed
—
Dec 17, 2018
$576,649
Rama Npl 1 LLC
California Td Specialists|simonet,ivan
Trustees Deed
related
—
Oct 10, 2017
—
Rich Center For Prosperity
Simonet,ivan
Quit Claim Deed
$65,000 · Jack Schwartz
Oct 5, 2017
$605,000
Ivan Simonet
Schwartz,jack
Grant Deed
$453,750 · Athas Cap
Oct 5, 2017
—
Ivan Simonet
Simonet,kimberly J
Quit Claim Deed
related
—
Mar 6, 1997
$185,000
Jack Schwartz
Johnson,lawrence E
Grant Deed
—
Apr 11, 1955
—
—
—
Grant Deed
related
—
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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