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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Office buildings
8400 Crenshaw Blvd Inglewood, CA 90305-1914
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7062337
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1949
Construction
TILT-UP CONCRETE
Total area
1,621 SF
Lot
0.11 ac (4,898 SF)
Zoning code
INC2*
APN
4011-027-012
UPID
US09-7062337
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
-
Joan M Miller Law Offices Law Firm
-
Crenshaw Evictions Business Related
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
$816k
Blend (final)
Blend
$945k
Owner & transaction history
Birdi Systems INC · 5 yrs held
Birdi Systems INC
since 2021
Last sale
$930,009
7 recorded transactions
Zoning & alternative use
INC2* · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+178.1%
Neighborhood: shopping center
$985,000
+81.1%
Medical building
$735,000
+35.3%
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
$955,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
$615,000
6.5%
$570,000
7%
$530,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,515,000
Change: +178% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$985,000
Change: +81% · Conversion: Difficult
MEDICAL BUILDING
$735,000
Change: +35% · Conversion: Easy
RETAIL STORES
$575,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $930k (Mar 11 2021)
Last sale anchor
$930k
Mar 11 2021
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
$583 / 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
$7,740
Tax year 2024
Assessed value
$493,460
Assessed 2024
Previous assessed
$493,460
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$387,340
Assessed improvement
$106,120
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
1949
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
1,621 SF
Lot
0.11 ac (4,898 SF)
Zoning code
INC2*
APN
4011-027-012
UPID
US09-7062337
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INC2* · Inglewood, CA
Zoning INC2* · permitted uses
INC2* · 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
AUTO REPAIR, GARAGE
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$985,000
MEDICAL BUILDING
Est. value
$735,000
RETAIL STORES
Est. value
$575,000
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
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
1949
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Birdi Systems INC
Entity
Mailing address
723 E GRN ST, PASADENA, CA 91101-2111
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2021
$930,000
Birdi Systems INC
Joan M Miller
Grant Deed
$790,000 · Golden Bank NA
Nov 6, 2019
—
Mc Crenshaw Inglewood Prop LLC
—
Grant Deed
related
$1,800,000 · Jp Morgan Chase Bk
May 8, 2019
—
Mc Crenshaw Inglewood Prop LLC
Mccrenshaw Inglewood Prop LLC
Quitclaim Deed
—
Apr 17, 2019
$3,025,000
Mccrenshaw Inglewood Prop LLC
Horners Corners LLC
Grant Deed
—
Jan 4, 2005
—
Joan M Miller
Owens,willie P JR
Grant Deed
$150,000 · Jeffrey A Abraham
Jan 21, 2004
—
Willie P Owens
Owens,willie P
Quit Claim Deed
related
—
Dec 19, 1997
—
Joan M Miller
Owens,w P
Grant Deed
related
—
Nov 5, 1997
$220,000
Willie P Owens
Bardfield,arthur & Marijana
Grant Deed
$120,000 · Community Thrift & Loan
Sep 23, 1997
—
Arthur Bardfield
Bardfield,a
Quit Claim Deed
related
—
—
—
Arthur Bardfield
—
Deed Of Trust
related
$50,000 · Woodland Hills Mtg Banking Co
—
—
Joan M Miller
—
Deed Of Trust
related
$260,000 · Symonds William W Trust (pt)
—
—
Arthur Bardfield
—
Deed Of Trust
related
—
—
—
Joan M Miller
—
Deed Of Trust
related
$250,000 · Cal Vista Home Loans INC
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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