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Property profile & analytics
FOR LEASE
Retail space
13019 Rosecrans Ave Norwalk, CA 90650
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9128280
For Lease
1 / 6
$1,935,000
13019 Rosecrans Ave, Norwalk, CA 90650
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
WOOD
Total area
7,956 SF
Lot
0.43 ac (18,668 SF)
Zoning code
NOM1-P*
APN
8059-002-073
UPID
US09-9128280
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
-
Little Caesars Pizza Restaurant
-
Taco Joe Mexican Grill Restaurant
-
Subway Take-out & Catering
-
Rosecrans Towne Business center Business Service Center Corporate Office
-
ON+ON - Fresh Korean Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.74M
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.94M
Owner & transaction history
K2 Common LLC · 9 yrs held
K2 Common LLC
since 2017
7 recorded transactions
Zoning & alternative use
NOM1-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%
$1,885,000
6.5%
$1,740,000
7%
$1,615,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,865,000
Current use
COMMERCIAL (GENERAL)
$2,460,000
Change: -14% · Conversion: Easy
WAREHOUSE, STORAGE
$2,340,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.94M
Range $1.74M – $2.13M · ±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
$243 / 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
$67,757
Tax year 2024
Assessed value
$5,120,229
Assessed 2024
Previous assessed
$5,120,229
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$2,275,657
Assessed improvement
$2,844,572
Applied tax rate
6.0000
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
For Lease
Year built
2007
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
7,956 SF
Lot
0.43 ac (18,668 SF)
Zoning code
NOM1-P*
APN
8059-002-073
UPID
US09-9128280
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
NOM1-P* · Norwalk, CA
Zoning NOM1-P* · permitted uses
NOM1-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
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$2.3M
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
2007
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
K2 Common LLC
Entity
Mailing address
953 CALLE DEL PACIFICO, GLENDALE, CA 91208-3064
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2017
$9,900,000
K2 Common LLC
First California Investment LLC
Grant Deed
$4,200,000 · City National Bank
Mar 5, 2014
$9,100,000
First California Investment LLC
Yung Jung Boo
Grant Deed
$4,600,000 · Open Bank
Dec 23, 2011
$7,150,000
Jung,boo Y Trust
Fip Rosecrans I LLC
Grant Deed
$4,647,500 · Bbcn Bk
Oct 1, 2008
—
Fip Rosecrans I LLC
—
Trustees Deed
related
$11,775,000 · Key Bank NA
Dec 30, 2002
—
Fip Rosecrans I LLC
Ferrero,tr
Grant Deed
related
—
Oct 20, 1972
—
—
—
Grant Deed
related
—
—
—
Jung Boo Y Trust
—
Deed Of Trust
related
$4,647,500 · Bbu Bank
—
—
Jung,boo Y Trust
—
Deed Of Trust
related
$170,000 · Hyun K Kim
—
—
Jung,boo Y Trust
—
Deed Of Trust
related
$55,000 · Old West Bail Bonds LLC
—
—
George G Ferrero
—
Deed Of Trust
related
$1,400,000 · Cerritos Valley Bank
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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