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Property profile & analytics
OFF-MARKET
Estimated value
$2,395,000
Community centers
1169 12th W St Lancaster, CA 93534
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6854686
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1987
Construction
WOOD
Total area
3,150 SF
Lot
0.79 ac (34,255 SF)
Zoning code
LRC3
APN
3125-021-031
UPID
US09-6854686
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
$2.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$2.40M
Owner & transaction history
Grand Unity Holding LLC · 2 yrs held
Grand Unity Holding LLC
since 2023
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
LRC3 · Lancaster, 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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
$2,375,000
ML approach
$2,480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.40M
Range $2.16M – $2.63M · ±10% · vs last sale $2.36M (Nov 7 2023)
Last sale anchor
$2.36M
Nov 7 2023
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
$760 / 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
$45,250
Tax year 2024
Assessed value
$2,360,000
Assessed 2024
Previous assessed
$2,360,000
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$212,000
Assessed improvement
$2,148,000
Applied tax rate
2.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
2
Total area
3,150 SF
Lot
0.79 ac (34,255 SF)
Zoning code
LRC3
APN
3125-021-031
UPID
US09-6854686
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LRC3 · Lancaster, CA
Zoning LRC3 · permitted uses
LRC3 · Lancaster, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Lot
0.79 ac
Current owner
From public records · entity-resolved
Grand Unity Holding LLC
Entity
Mailing address
423 N PALM DR APT #303, BEVERLY HILLS, CA 90210-5738
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2023
$2,360,000
Grand Unity Holding LLC
Cp Antelope Shops LLC
Grant Deed
$1,400,000 · Pcb Bank
Oct 23, 2018
—
Cp Antelope Shops LLC
—
Deed
related
$26,500 · Keybank USA
Oct 31, 2013
$31,950,000
Cp Antelope Shops LLC
Avenue K Lancaster Ucm Of Cadence
Grant Deed
$24,000,000 · Key Bank NA
Oct 23, 2012
—
Avenue K Lancaster Ucm Of Cadence
—
Deed Of Trust
related
$18,633,972 · Uvaf I/lancaster Center LLC
Sep 10, 2010
—
Avenue K Lancaster Ucm Of Cadence
—
Deed Of Trust
related
$27,500,000 · Capmark Bank
Aug 17, 2005
$18,266,500
Avenue K Lancaster Ucm Of Cadence
Passco Lancaster LLC
Grant Deed
—
Aug 16, 2005
—
Avenue K Lancaster Ucm Of Cadence
Passco Lancaster LLC
Grant Deed
related
—
Jan 16, 2002
—
Passco Lancaster LLC
Lancaster Commerce Ctr
Quit Claim Deed
related
—
—
—
Cp Antelope Shops LLC
—
Deed Of Trust
related
$26,500 · Keybank USA
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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