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Property profile & analytics
FOR SALE
Manufacturing properties
8924 Bellanca Ave Westchester, CA 90045
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7305383
For Sale
1 / 2
$7,670,000
8924 Bellanca Ave, Westchester, CA 90045
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1950
Construction
TILT-UP CONCRETE
Total area
23,600 SF
Lot
0.94 ac (40,984 SF)
Zoning code
LAM2
APN
4125-010-010
UPID
US09-7305383
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
-
Airbase Services Inc Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.51M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.48M
Owner & transaction history
Bellanca Ventures LLC · 11 yrs held
Bellanca Ventures LLC
since 2014
7 recorded transactions
Zoning & alternative use
LAM2 · Los Angeles, 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 Westchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westchester 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%
$4,885,000
6.5%
$4,510,000
7%
$4,190,000
Blend value · Realmo final
$3.48M
Range $3.13M – $3.82M · ±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
$147 / 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
$46,938
Tax year 2024
Assessed value
$3,623,216
Assessed 2024
Previous assessed
$3,623,216
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$2,444,935
Assessed improvement
$1,178,281
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
For Sale
Year built
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
23,600 SF
Lot
0.94 ac (40,984 SF)
Zoning code
LAM2
APN
4125-010-010
UPID
US09-7305383
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM2 · Los Angeles, CA
Zoning LAM2 · permitted uses
LAM2 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.94 ac
Current owner
From public records · entity-resolved
Bellanca Ventures LLC
Entity
Mailing address
8800 BURTON WAY, BEVERLY HILLS, CA 90211-1715
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2022
—
Bellanca Ventures LLC
—
Deed
related
$4,950,000 · 1st Source Bank
Jan 19, 2022
—
Bellanca Ventures LLC
—
Deed
related
$2,900,000 · Citizens Business Bank
May 14, 2019
—
Bellanca Ventures LLC
—
Deed
related
$4,950,000 · 1st Source Bank
Dec 11, 2014
$3,075,000
Bellanca Ventures LLC
8924 Bellanca LLC
Grant Deed
$1,266,000 · Business Fin Cap
Jan 28, 2011
—
Trygve Harris
Harris,grace A
Affidavit Of Death
related
—
Apr 26, 2006
$2,418,000
8924 Bellanca LLC
Rio Garey II
Grant Deed
$2,150,000 · East West Bank
Oct 27, 2003
—
Garey Rio II
Force Financial Corp
Grant Deed
related
—
—
—
8924 Bellanca LLC
—
Deed Of Trust
related
—
—
—
8924 Bellanca LLC
—
Deed Of Trust
related
$500,000 · Builders Bank
—
—
Glasgow LLC
—
Deed Of Trust
related
—
—
—
8924 Bellanca LLC
—
Deed Of Trust
related
$450,000 · Appel Erwin & Essie Trust
—
—
8924 Bellanca LLC
—
Deed Of Trust
related
$2,400,000 · Bank Of East Asia
—
—
8924 Bellanca LLC
—
Deed Of Trust
related
$900,000 · Appel Erwin & Essie Trust
—
—
8924 Bellanca LLC
—
Loan Modification
related
$2,400,000 · Industrial & Com'l Bank China
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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