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Property profile & analytics
FOR LEASE
Office buildings
7024 Seville Ave Huntington Park, CA 90255
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7627228
For Lease
1 / 5
Contact for pricing
7024 Seville Ave, Huntington Park, CA 90255
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Property summary
AI-generated overview
Seville Plaza, located at 7024 Seville Ave, Huntington Park, CA 90255, presents a unique investment opportunity. This single-story, 4,815 square foot building, constructed in 1953 and renovated in 2008, sits on a 0.17-acre lot (7,469 sq ft) and is zoned for medical use. The property features six suites, with 912 square feet currently vacant and available for lease. The minimum divisible space is 912 square feet, and the maximum contiguous space is also 912 square feet. Six parking spaces are available for tenants. This high-visibility property benefits from LED lighting at night, making it an ideal location for a medical, dental, or professional practice. The property's location in Huntington Park offers convenient access for patients and clients. The owner may provide assistance with plumbing installation for dental tenants. The Los Angeles County Assessor's Parcel Number (APN) is 6322-026-009. Property taxes are $13,179 per square foot.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1953
Construction
WOOD
Total area
4,815 SF
Lot
0.17 ac (7,469 SF)
Zoning code
HPCP*
APN
6322-026-009
UPID
US09-7627228
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
by Request
Comparable Approach
Comparable
$837k
Blend (final)
Blend
$855k
Owner & transaction history
7021 Seville Avenue LLC · 18 yrs held
7021 Seville Avenue LLC
since 2008
7 recorded transactions
Zoning & alternative use
HPCP* · Huntington Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.4M
+42.5%
Retail stores
$1.1M
+11.2%
Commercial (general)
$1.1M
+7.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$995,000
Current use
WAREHOUSE, STORAGE
$1,415,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$1,105,000
Change: +11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,065,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$178 / 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
$13,416
Tax year 2024
Assessed value
$791,957
Assessed 2024
Previous assessed
$791,957
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$611,680
Assessed improvement
$180,277
Applied tax rate
13.0000
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
For Lease
Year built
1953
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,815 SF
Lot
0.17 ac (7,469 SF)
Zoning code
HPCP*
APN
6322-026-009
UPID
US09-7627228
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HPCP* · Huntington Park, CAZoning HPCP* · permitted uses
HPCP* · Huntington Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$995,000
WAREHOUSE, STORAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
RETAIL STORES
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
1953
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
7021 Seville Avenue LLC
Entity
Mailing address
435 MARTIN LN, BEVERLY HILLS, CA 90210-1933
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
May 30, 2008
$615,000
7021 Seville Avenue LLC
Brown,gregory L
Grant Deed
$369,000 · California Bank & Trust
Dec 20, 1993
—
Gregory L Brown
Brown,l K Truste
Quit Claim Deed
related
—
Oct 15, 1993
$300,000
Brown-mathews Trust
Castro,luz O
Grant Deed
—
Apr 6, 1992
—
Luz O Castro
—
Deed Of Trust
related
—
Dec 21, 1988
$75,000
Jorge W Castro
Gonz
Grant Deed
related
—
—
—
Castro Jorge W
—
Deed Of Trust
related
$34,500 · Hope Trust Co
—
—
Luz O Castro
—
Deed Of Trust
related
$15,000 · Individual
—
—
Luz U Castro
—
Deed Of Trust
related
$4,717 · Mushroom Enterpr
—
—
Jorge W Castro
—
Deed Of Trust
related
$140,000 · Downey National Bank
—
—
Castro Jorge W
—
Deed Of Trust
related
$30,000 · Hope Trust Deed
—
—
Gregory L Brown
—
Deed Of Trust
related
$200,000 · Banco Popular NA
—
—
Gregory L Brown
—
Deed Of Trust
related
$120,000 · Farmers & Merchants Bk Lng Bch
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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