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Property profile & analytics
OFF-MARKET
Estimated value
$1,510,000
Apartment buildings
9400 Elizabeth Ave South Gate, CA 90280-4445
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8703671
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
8,338 SF
Lot
0.29 ac (12,460 SF)
Zoning code
SGR3*
APN
6209-013-046
UPID
US09-8703671
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
$2.07M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.51M
Owner & transaction history
Elizabeth 9400 LLC · 2 yrs held
Elizabeth 9400 LLC
since 2024
6 recorded transactions
Zoning & alternative use
SGR3* · South Gate, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.5M
+45.0%
Commercial (general)
$1.8M
+4.8%
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%
$2,235,000
6.5%
$2,065,000
7%
$1,915,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,690,000
Current use
WAREHOUSE, STORAGE
$2,450,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,770,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$1.51M
Range $1.36M – $1.66M · ±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
$181 / 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
$34,341
Tax year 2024
Assessed value
$2,604,840
Assessed 2024
Previous assessed
$2,604,840
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,530,000
Assessed improvement
$1,074,840
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
1962
Construction
WOOD
Heating
NONE
Buildings
2
Units
12
Bathrooms
12
Total area
8,338 SF
Lot
0.29 ac (12,460 SF)
Zoning code
SGR3*
APN
6209-013-046
UPID
US09-8703671
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SGR3* · South Gate, CA
Zoning SGR3* · permitted uses
SGR3* · 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
$1.7M
WAREHOUSE, STORAGE
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
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
1962
Construction
WOOD
Heating
NONE
Buildings
2
Units
12
Bathrooms
12
Lot
0.29 ac
Current owner
From public records · entity-resolved
Elizabeth 9400 LLC
Entity
Mailing address
3270 FIRESTONE BLVD UNIT #700, SOUTH GATE, CA 90280-3898
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Mar 8, 2024
—
Elizabeth 9400 LLC
Bend In The River LLC
Grant Deed
$2,393,000 · Walker & Dunlop LLC
Oct 5, 2022
$2,551,000
A Bend In The River LLC
Lourdes M Cuevas
Grant Deed
$1,658,150 · Jrre Horizon LLC
Oct 5, 2022
—
Lourdes M Cuevas
Raciel Cuevas
Affidavit Death Of Trustee/successor Trustee
related
—
Jul 27, 2022
—
Lourdes M Cuevas
Raciel Cuevas
Affidavit Death Of Trustee/successor Trustee
related
—
Dec 21, 2010
—
Cuevas Raciel S SR & L M Trust
Cuevas,raciel S SR & Lourdes M
Quit Claim Deed
related
—
—
—
Raciel Cuevas
—
Deed Of Trust
related
$350,000 · First State Bank Southern Ca
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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