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Property profile & analytics
OFF-MARKET
Estimated value
$8,450,000
Warehouses
9435 Sorensen Ave Santa Fe Springs, CA 90670-2652
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9591877
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1970
Construction
TILT-UP CONCRETE
Total area
27,466 SF
Lot
1.26 ac (54,971 SF)
Zoning code
SSM2*
APN
8168-003-020
UPID
US09-9591877
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
$8.45M
CAP Approach
CAP
$5.50M
Comparable Approach
Comparable
$10.22M
Blend (final)
Blend
$8.45M
Owner & transaction history
Aj Sorensen LLC · 2 yrs held
Aj Sorensen LLC
since 2024
Last sale
$8.5M
6 recorded transactions
Zoning & alternative use
SSM2* · Santa Fe Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.6M
+76.3%
Medical building
$12.5M
+62.5%
Auto repair, garage
$10.7M
+39.5%
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 Santa Fe Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Fe Springs 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
$8,450,000
ML approach
$8,450,000
CAP Approach
CAP Return
Estimation
6%
$5,955,000
6.5%
$5,500,000
7%
$5,105,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,685,000
Current use
RESTAURANT
$13,550,000
Change: +76% · Conversion: Difficult
MEDICAL BUILDING
$12,485,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,720,000
Change: +40% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$9,950,000
Change: +30% · Conversion: Moderate
OFFICE BUILDING
$8,445,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$8,045,000
Change: +5% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$7,055,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$8.45M
Range $7.61M – $9.30M · ±10% · vs last sale $8.45M (Feb 14 2024)
Last sale anchor
$8.45M
Feb 14 2024
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
$308 / 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
$75,973
Tax year 2024
Assessed value
$6,325,990
Assessed 2024
Previous assessed
$6,325,990
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$4,235,197
Assessed improvement
$2,090,793
Applied tax rate
5.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
27,466 SF
Lot
1.26 ac (54,971 SF)
Zoning code
SSM2*
APN
8168-003-020
UPID
US09-9591877
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SSM2* · Santa Fe Springs, CA
Zoning SSM2* · permitted uses
SSM2* · Santa Fe Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Fe Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.7M
RESTAURANT
Est. value
$13.6M
MEDICAL BUILDING
Est. value
$12.5M
AUTO REPAIR, GARAGE
Est. value
$10.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.0M
OFFICE BUILDING
Est. value
$8.4M
RETAIL STORES
Est. value
$8.0M
INDUSTRIAL (GENERAL)
Est. value
$7.1M
WAREHOUSE, STORAGE Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (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
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
Aj Sorensen LLC
Entity
Mailing address
5074 SANTA MONICA BLVD, LOS ANGELES, CA 90029-2426
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
Feb 14, 2024
$8,450,000
Aj Sorensen LLC
Rocket Properties LLC
Grant Deed
—
Feb 23, 2023
—
Rocket Properties LLC
—
Deed
related
$8,000,000 · East West Bank
Nov 19, 2019
$5,900,000
Rocket Properties LLC
Schaffer Dev Co LLC
Grant Deed
$3,835,000 · New Omni Bk NA
May 27, 2015
—
Schaffer Dev Co LLC
Schaffer Dev Co
Quit Claim Deed
related
—
Feb 4, 1993
$1,000,000
Schaffer Dev Co
Lamore,marshall
Grant Deed
—
—
—
Marshall F Lamore
—
Deed Of Trust
related
$530,000 · Santa Barbara 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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