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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Office buildings
8970 State St South Gate, CA 90280-2926
Individually Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7419605
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
WOOD
Total area
2,025 SF
Lot
0.13 ac (5,565 SF)
Zoning code
SGCR*
APN
6210-026-033
UPID
US09-7419605
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
-
Creative Mind’s Day Care Preschool and Kindergarten Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$725k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
Humberto Solis · 17 yrs held
Humberto Solis
since 2008
7 recorded transactions
Zoning & alternative use
SGCR* · South Gate, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$920,000
+1.4%
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%
$785,000
6.5%
$725,000
7%
$675,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$910,000
Current use
MEDICAL BUILDING
$920,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$321 / 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
$7,303
Tax year 2024
Assessed value
$549,177
Assessed 2024
Previous assessed
$549,177
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$315,621
Assessed improvement
$233,556
Applied tax rate
15.0000
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
OFFICE BUILDING
Status
Off-Market
Year built
1983
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
2,025 SF
Lot
0.13 ac (5,565 SF)
Zoning code
SGCR*
APN
6210-026-033
UPID
US09-7419605
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SGCR* · South Gate, CA
Zoning SGCR* · permitted uses
SGCR* · 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
OFFICE BUILDING Current
Est. value
$910,000
MEDICAL BUILDING
Est. value
$920,000
OFFICE BUILDING Current
MEDICAL BUILDING
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
1983
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Humberto Solis
Individual
Mailing address
29752 BADEN PL, MALIBU, CA 90265-3843
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2008
—
Humberto Solis
Solis,cecilia
Quit Claim Deed
related
—
Jul 30, 2008
$435,000
Valdman Slavick & J Fam Trust
Solis,humberto
Grant Deed
—
Oct 24, 2007
—
Humberto Solis
Ez Home Funding INC
Grant Deed
—
May 19, 2006
—
Ez Home Funding INC
Ez Home Funding INC
Quit Claim Deed
—
Nov 23, 2004
—
Ez Home Funding INC
Solis,humberto
Grant Deed
related
—
Oct 15, 2004
—
Humberto Solis
Ez Home Funding INC
Quit Claim Deed
related
—
Oct 7, 2002
—
Ez Home Funding
Zeledon,a
Grant Deed
related
—
Jan 17, 2001
—
Bag Money
Money,bag
Quit Claim Deed
related
—
Sep 11, 2000
$167,000
Money Bag LLC
Zeledon,abraham & Araccely
Grant Deed
related
$77,210 · Individual
Nov 5, 1997
$32,383
Abraham Zeledon
Urgiles,gilberto
Trustees Deed
—
Jun 21, 1993
—
Gilberto Urgiles
Urgiles,irma
Quit Claim Deed
related
$20,000 · Individual
—
—
Gilberto Urgiles
—
Deed Of Trust
related
$15,000 · Individual
—
—
Abraham Zeledon
—
Deed Of Trust
related
$78,000 · Community Commerce Bank
—
—
Ez Home Funding INC
—
Deed Of Trust
related
$200,000 · Trippeer Trust
—
—
Gilberto Urgiles
—
Deed Of Trust
related
$106,207 · Transamerica Financial Svc
—
—
Abraham H Zeledon
—
Deed Of Trust
related
$126,000 · Eisenstadt Financial Services
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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