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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Apartment buildings
8454 Chestnut Ave South Gate, CA 90280-2171
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8499543
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1928
Construction
WOOD
Total area
4,048 SF
Lot
0.28 ac (12,030 SF)
Zoning code
SGR3YY
APN
6211-017-029
UPID
US09-8499543
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
$1.00M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$755k
Owner & transaction history
Rezi Properties LLC · 6 yrs held
Rezi Properties LLC
since 2019
6 recorded transactions
Zoning & alternative use
SGR3YY · South Gate, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.2M
+45.0%
Commercial (general)
$860,000
+4.8%
Retail stores
$860,000
+4.7%
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%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$820,000
Current use
WAREHOUSE, STORAGE
$1,190,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$860,000
Change: +5% · Conversion: Moderate
RETAIL STORES
$860,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$187 / 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
$16,702
Tax year 2024
Assessed value
$1,217,471
Assessed 2024
Previous assessed
$1,217,471
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$409,615
Assessed improvement
$807,856
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1928
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Units
8
Bathrooms
8
Total area
4,048 SF
Lot
0.28 ac (12,030 SF)
Zoning code
SGR3YY
APN
6211-017-029
UPID
US09-8499543
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SGR3YY · South Gate, CA
Zoning SGR3YY · permitted uses
SGR3YY · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$820,000
WAREHOUSE, STORAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$860,000
RETAIL STORES
Est. value
$860,000
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1928
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
8
Bathrooms
8
Lot
0.28 ac
Current owner
From public records · entity-resolved
Rezi Properties LLC
Entity
Mailing address
1407 BROCKTON AVE APT #5, LOS ANGELES, CA 90025-2141
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2025
—
Rezi Properties LLC
—
Deed
related
$320,000 · East West Bank
Jul 24, 2019
—
Rezi Properties LLC
Sirous Danial
Grant Deed
$805,000 · East West Bank
Mar 30, 2017
—
Sabzland LLC
Action One LP
Quit Claim Deed
—
Mar 30, 2017
$1,070,000
Sirous Danial
Sabzland LLC
Grant Deed
$642,000 · East West Bank
Mar 6, 2013
$685,000
Action One LP
East West Investment INC
Trustees Deed
related
—
Mar 29, 2007
$720,000
Jose Rodriguez
Deninger,gilbert
Grant Deed
$540,000 · East West Bank
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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