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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Investment properties
9640 Atlantic Ave South Gate, CA 90280-5215
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8560437
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1945
Construction
WOOD
Total area
2,926 SF
Lot
0.1 ac (4,536 SF)
Zoning code
SGM2YY
APN
6222-032-008
UPID
US09-8560437
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
-
pure water house Big Box & Wholesale Store
-
Las 3 Princesas Water Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$856k
Blend (final)
Blend
$620k
Owner & transaction history
Gurmit Properties LLC · 4 yrs held
Gurmit Properties LLC
since 2022
7 recorded transactions
Zoning & alternative use
SGM2YY · South Gate, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$860,000
+38.3%
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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$620,000
Current use
WAREHOUSE, STORAGE
$860,000
Change: +38% · Conversion: Difficult
RETAIL STORES
$620,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$212 / 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
$9,616
Tax year 2024
Assessed value
$728,280
Assessed 2024
Previous assessed
$728,280
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$494,190
Assessed improvement
$234,090
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1945
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Buildings
3
Stories
1
Units
1
Bathrooms
2
Total area
2,926 SF
Lot
0.1 ac (4,536 SF)
Zoning code
SGM2YY
APN
6222-032-008
UPID
US09-8560437
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
COMMERCIAL (GENERAL) Current
Est. value
$620,000
WAREHOUSE, STORAGE
Est. value
$860,000
RETAIL STORES
Est. value
$620,000
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1945
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
3
Units
1
Bathrooms
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Gurmit Properties LLC
Entity
Mailing address
9640 ATLANTIC AVE, SOUTH GATE, CA 90280-5215
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2023
—
Gurmit Properties LLC
—
Deed
related
$455,000 · Golden Bank NA
Jul 13, 2022
—
Gurmit Properties LLC
Sukhbir Singh
Grant Deed
—
Jun 7, 2022
$700,000
Sukhbir Singh
Sung A Kim
Grant Deed
$400,000 · Val Chris Investments INC
Jun 7, 2022
—
Sukhbir Singh
Jaideep Sandhu
Intrafamily Transfer
related
—
Dec 1, 2014
$500,000
Sung A Kim
Choe,dong K & Chan H
Grant Deed
$507,000 · Dong K & Chan H Choe
Mar 10, 1995
—
Carlos Cahuas
Cahuas,m
Quit Claim Deed
related
—
Mar 10, 1995
$43,000
Choe,dong K & Chan H
Cahuas,carlos
Trustees Deed
$110,000 · Individual
Jun 17, 1993
—
Carlos Cahuas
Alvarez,maria R
Quit Claim Deed
related
$15,000 · Prime Financial Corp
Oct 9, 1992
$99,000
Cahuas Carlos
—
Grant Deed
related
—
—
—
Carlos Cahuas
—
Deed Of Trust
related
$110,000 · Individual
—
—
Carlos Cahuas
—
Deed Of Trust
related
$15,000 · Individual
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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