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Property profile & analytics
OFF-MARKET
Estimated value
$2,190,000
Retail space
122 Commonwealth Ave Fullerton, CA 92832-1909
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-3374942
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Total area
3,725 SF
Lot
0.15 ac (6,522 SF)
APN
033-031-25
UPID
US09-3374942
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
-
Kalaveras Fullerton Restaurant
-
Domino's Pizza Take-out & Catering
-
Club Cosplay - The Nerds' Night-Club Marketing & Advertising Event Planning
-
vitalogy a tribute to pearl jam Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$2.19M
Owner & transaction history
Kalaveras Dtf LLC · 2 yrs held
Kalaveras Dtf LLC
since 2023
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+51.9%
Neighborhood: shopping center
$1.7M
+35.3%
Auto repair, garage
$1.7M
+28.6%
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 Fullerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fullerton 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
$2,185,000
ML approach
$2,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,960,000
Change: +52% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,745,000
Change: +35% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,660,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$1,600,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$2.19M
Range $1.97M – $2.41M · ±10% · vs last sale $2.23M (Aug 15 2023)
Last sale anchor
$2.23M
Aug 15 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
$588 / 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
$36,509
Tax year 2024
Assessed value
$3,162,000
Assessed 2024
Previous assessed
$3,162,000
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$2,907,000
Assessed improvement
$255,000
Applied tax rate
3.0000
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
1920
Heating
NONE
Stories
1
Total area
3,725 SF
Lot
0.15 ac (6,522 SF)
APN
033-031-25
UPID
US09-3374942
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1920
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Kalaveras Dtf LLC
Entity
Free & Clear · 2 yrs held
Mailing address
122 E COMMONWEALTH AVE, FULLERTON, CA 92832-1909
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2023
—
Kalaveras Dtf LLC
Kalaveras Or INC
Intrafamily Transfer
related
—
Apr 28, 2022
$3,100,000
Kalaveras Or INC
Gf Capital
Quit Claim Deed
related
$2,480,000 · Gf Capital
Nov 22, 2021
$1,900,000
Gf Capital Group
122 E Commonwealth LLC
Trustees Deed
related
—
Jan 31, 2020
$2,225,000
122 E Commonweal Ave LLC
Mrm West
Grant Deed
$2,310,000 · Gf Cap Grp
Jun 30, 2015
—
West Mrm
West Merle & E L Trust
Quit Claim Deed
related
—
Nov 29, 1999
—
West,elizabeth
West,
Quit Claim Deed
related
—
Jan 21, 1997
—
West,michael
West,
Quit Claim Deed
related
—
—
—
West Trust
—
Deed Of Trust
related
$55,598 · Redevelopment Agency Fullerton
—
—
West Trust
—
Deed Of Trust
related
$7,500 · Redevelopment Agency Fullerton
—
—
122 E Commonwealth LLC
—
Deed Of Trust
related
$590,000 · Jeremy A Popoff
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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