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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Manufacturing properties
9624 Atlantic Ave South Gate, CA 90280-5215
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7793323
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1941
Construction
WOOD
Total area
4,820 SF
Lot
0.17 ac (7,248 SF)
Zoning code
SGM2YY
APN
6222-032-005
UPID
US09-7793323
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
$865k
Comparable Approach
Comparable
$504k
Blend (final)
Blend
$775k
Owner & transaction history
Pedro Flores · 2 yrs held
Pedro Flores
since 2023
7 recorded transactions
Zoning & alternative use
SGM2YY · South Gate, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+17.0%
Retail stores
$1.0M
+16.8%
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%
$940,000
6.5%
$865,000
7%
$805,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$875,000
Current use
COMMERCIAL (GENERAL)
$1,025,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$1,020,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$775k
Range $698k – $853k · ±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
$161 / 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
$14,552
Tax year 2024
Assessed value
$1,122,000
Assessed 2024
Previous assessed
$1,122,000
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$510,000
Assessed improvement
$612,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1941
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,820 SF
Lot
0.17 ac (7,248 SF)
Zoning code
SGM2YY
APN
6222-032-005
UPID
US09-7793323
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SGM2YY · South Gate, CA
Zoning SGM2YY · permitted uses
SGM2YY · 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
INDUSTRIAL (GENERAL) Current
Est. value
$875,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES
Est. value
$1.0M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1941
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Pedro Flores
Individual
Free & Clear · 2 yrs held
Mailing address
5128 LIVE OAK ST, CUDAHY, CA 90201-4419
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2023
—
Pedro Flores
Pedro Flores
Intrafamily Transfer
related
—
Nov 7, 2023
—
Pedro Flores
Pedro Flores
Intrafamily Transfer
related
—
Nov 6, 2023
—
Pedro Flores
Robert G Chrtstiansen
Affidavit Death Of Trustee/successor Trustee
—
Apr 24, 2017
$600,000
Christiansen,robert G Trust
Teague E D & S J 1998 Trust
Grant Deed
—
Jan 7, 2005
$200,000
Teague E D & S J 1998 Trust
Funk Velma B Trust
Grant Deed
$140,000 · Funk Velma B Trust
Oct 29, 1992
—
Funk Velma B Tr
—
Deed Of Trust
related
—
Jul 16, 1964
$12,500
—
—
Grant Deed
related
—
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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