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Property profile & analytics
OFF-MARKET
Estimated value
$5,600,000
Retail space
11623 Rosecrans Ave Norwalk, CA 90650-3819
Entity Owned
9-yr Hold
Free & Clear
Property ID
US09-9301180
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1956
Construction
TILT-UP CONCRETE
Total area
23,815 SF
Lot
1.73 ac (75,510 SF)
Zoning code
NOC3-P*
APN
8054-035-016
UPID
US09-9301180
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
-
CDReload - Online Bitcoin ATM Money Transfer Service Crypto Atm
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
CVS Pharmacy
-
CDReload Instant Bitcoin Crypto Atm
-
CVS Pharmacy y más Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.21M
Comparable Approach
Comparable
$4.77M
Blend (final)
Blend
$5.60M
Owner & transaction history
Nasa Norwalk Center Enterprises LLC · 9 yrs held
Nasa Norwalk Center Enterprises LLC
since 2017
3 recorded transactions
Zoning & alternative use
NOC3-P* · Norwalk, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Norwalk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwalk 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%
$5,645,000
6.5%
$5,210,000
7%
$4,840,000
Alternative Use
Use
Estimation
RETAIL STORES
$8,570,000
Current use
COMMERCIAL (GENERAL)
$7,360,000
Change: -14% · Conversion: Easy
WAREHOUSE, STORAGE
$6,995,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$5.60M
Range $5.04M – $6.16M · ±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
$235 / 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
$188,976
Tax year 2024
Assessed value
$15,087,613
Assessed 2024
Previous assessed
$15,087,613
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$8,124,100
Assessed improvement
$6,963,513
Applied tax rate
13.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
23,815 SF
Lot
1.73 ac (75,510 SF)
Zoning code
NOC3-P*
APN
8054-035-016
UPID
US09-9301180
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
NOC3-P* · Norwalk, CA
Zoning NOC3-P* · permitted uses
NOC3-P* · Norwalk, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norwalk. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$8.6M
COMMERCIAL (GENERAL)
Est. value
$7.4M
WAREHOUSE, STORAGE
Est. value
$7.0M
RETAIL STORES Current
COMMERCIAL (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
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.73 ac
Current owner
From public records · entity-resolved
Nasa Norwalk Center Enterprises LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 1610, COCKEYSVILLE, MD 21030-7610
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2017
$13,500,000
Nasa Norwalk Center Enterprises LLC
Wmg Cci Norwalk LLC
Grant Deed
—
Jan 14, 2015
$8,765,000
Wmg-cci Norwalk LLC
Cho Lucy & Joseph Trust
Grant Deed
—
May 27, 2005
$3,358,030
Cho,joseph & Lucy
Norwalk Flallon LLC
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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