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Property profile & analytics
OFF-MARKET
Estimated value
$3,400,000
Office buildings
945 Pr Ave Inglewood, CA 90301-7554
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8071983
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1969
Construction
TILT-UP CONCRETE
Total area
8,357 SF
Lot
0.34 ac (14,891 SF)
Zoning code
INC2YY
APN
4024-009-005
UPID
US09-8071983
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
-
Ekechi Nwoga, DC Alternative Medicine Practice
-
Color of Love Inc Charitable Organization
-
All Business Financial Services Insurance Agency
-
H & F Ventures LLC Loan Service
-
Beauty Shop Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.72M
CAP Approach
CAP
$2.94M
Comparable Approach
Comparable
$4.55M
Blend (final)
Blend
$3.40M
Owner & transaction history
8719 Aviation Storage LLC · 4 yrs held
8719 Aviation Storage LLC
since 2021
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
INC2YY · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.4M
+93.8%
Neighborhood: shopping center
$5.1M
+81.1%
Medical building
$3.8M
+35.3%
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 Inglewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inglewood 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
$3,735,000
ML approach
$3,715,000
CAP Approach
CAP Return
Estimation
6%
$3,180,000
6.5%
$2,940,000
7%
$2,730,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,810,000
Current use
RESTAURANT
$5,440,000
Change: +94% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$5,085,000
Change: +81% · Conversion: Difficult
MEDICAL BUILDING
$3,800,000
Change: +35% · Conversion: Easy
RETAIL STORES
$2,970,000
Change: +6% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,570,000
Change: -9% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,455,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$3.40M
Range $3.06M – $3.74M · ±10% · vs last sale $3.30M (Aug 11 2021)
Last sale anchor
$3.30M
Aug 11 2021
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
$407 / 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
$41,646
Tax year 2024
Assessed value
$3,121,200
Assessed 2024
Previous assessed
$3,121,200
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$2,705,040
Assessed improvement
$416,160
Applied tax rate
4.0000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
8,357 SF
Lot
0.34 ac (14,891 SF)
Zoning code
INC2YY
APN
4024-009-005
UPID
US09-8071983
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INC2YY · Inglewood, CA
Zoning INC2YY · permitted uses
INC2YY · Inglewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inglewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.8M
RESTAURANT
Est. value
$5.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
MEDICAL BUILDING
Est. value
$3.8M
RETAIL STORES
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$2.5M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
8719 Aviation Storage LLC
Entity
Mailing address
8674 MELROSE AVE, WEST HOLLYWOOD, CA 90069-5023
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2022
—
8719 Aviation Storage LLC
—
Deed
related
$2,002,500 · First Republic Bank
Aug 11, 2021
$3,300,000
8719 Aviation Storage LLC
Dayco Funding Corporation
Grant Deed
$2,475,000 · Dayco Funding Corp
May 20, 2020
—
Dayco Fndg Corp
—
Deed
related
$6,250,000 · Hankey Cap
May 23, 2017
—
Dayco Fndg Corp
—
Grant Deed
related
$1,152,000 · Broukhim Bijan Family Tr (pt)
Feb 24, 2017
—
Dayco Fndg Corp
—
Deed
related
$500,000 · Broukhim Bijan Family Tr (pt)
Dec 24, 2015
—
Dayco Fndg Corp
Hodge Family Trust
Quit Claim Deed
—
Feb 29, 2008
$210,000
Hodge Family Trust
Dayco Funding Corp
Grant Deed
—
Jan 29, 2008
$1,893,208
Dayco Funding Corp
Imperial Mortgage Corp
Trustees Deed
related
—
Jul 7, 2005
—
Marcus Pride
Pride Trust
Quit Claim Deed
related
—
Nov 4, 2004
—
Marcus Pride
Pride,marcus
Quit Claim Deed
related
$220,000 · Jackie Josephson
Jun 11, 2003
—
Pride,tr
Pride,marcus
Quit Claim Deed
related
—
Jan 20, 1999
$500,000
Pride,marcus
Golden State Mutual Life Ins
Trustees Deed
$450,000 · Golden State Mutual Life Ins
Jan 20, 1999
—
Marcus Pride
Pride,c
Quit Claim Deed
related
—
Oct 30, 1996
$743,605
Golden State Mutual Life Ins
Colwart,gerri
Trustees Deed
—
Oct 27, 1995
$680,000
Gerri Colwart
Golden State Mutual Life Ins
Grant Deed
$680,000 · Golden State Mutual Life Ins
Sep 24, 1992
$610,280
Golden State Mutual Life Insuran
Beswick,wayne A
Trustees Deed
related
—
—
—
Dayco Fndg Corp
—
Deed Of Trust
related
$500,000 · Broukhim Bijan Family Tr (pt)
—
—
Dayco Fndg Corp
—
Deed Of Trust
related
$6,250,000 · Hankey Cap
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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