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Property profile & analytics
OFF-MARKET
Estimated value
$5,440,000
Retail properties & Spaces
13023 Hawthorne Blvd Hawthorne, CA 90250-4415
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9793768
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1960
Construction
TILT-UP CONCRETE
Total area
20,000 SF
Lot
0.36 ac (15,501 SF)
Zoning code
HAC2YY
APN
4042-028-027
UPID
US09-9793768
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
-
Hawth Heating And Air Conditioning HVAC Service General Contractor
-
99 Cents Only Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.45M
CAP Approach
CAP
$6.81M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.44M
Owner & transaction history
Moniem Shaaban · 5 yrs held
Moniem Shaaban
since 2020
Last sale
$4.7M
3 recorded transactions
Zoning & alternative use
HAC2YY · Hawthorne, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$9.0M
+45.0%
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 Hawthorne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hawthorne 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
$5,575,000
ML approach
$5,445,000
CAP Approach
CAP Return
Estimation
6%
$7,375,000
6.5%
$6,810,000
7%
$6,320,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,190,000
Current use
OFFICE BUILDING
$8,970,000
Change: +45% · Conversion: Easy
WAREHOUSE, STORAGE
$5,875,000
Change: -5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,305,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$5.44M
Range $4.90M – $5.98M · ±10% · vs last sale $4.68M (Oct 29 2020)
Last sale anchor
$4.68M
Oct 29 2020
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
$272 / 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
$78,236
Tax year 2024
Assessed value
$6,101,945
Assessed 2024
Previous assessed
$6,101,945
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$3,289,744
Assessed improvement
$2,812,201
Applied tax rate
4.0000
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
20,000 SF
Lot
0.36 ac (15,501 SF)
Zoning code
HAC2YY
APN
4042-028-027
UPID
US09-9793768
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HAC2YY · Hawthorne, CA
Zoning HAC2YY · permitted uses
HAC2YY · Hawthorne, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hawthorne. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.2M
OFFICE BUILDING
Est. value
$9.0M
WAREHOUSE, STORAGE
Est. value
$5.9M
INDUSTRIAL (GENERAL)
Est. value
$5.3M
RETAIL STORES Current
OFFICE BUILDING
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Moniem Shaaban
Individual
Free & Clear · 5 yrs held
Mailing address
427 LINCOLN BLVD, SANTA MONICA, CA 90402-1935
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Oct 29, 2020
$5,750,000
Moniem Shaaban
Aria Venture Capital LLC
Grant Deed
related
—
Jun 12, 2017
$4,681,500
Aria Venture Capital LLC
Hkj Gold INC
Grant Deed
$2,880,000 · Bank Of Hope
Mar 31, 1994
$775,000
Hjk Gold INC
Hawthorne Saving
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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