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Property profile & analytics
OFF-MARKET
Estimated value
$3,555,000
Apartment buildings
14022 Norwalk Blvd Norwalk, CA 90650-4272
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7368418
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Construction
WOOD
Total area
13,914 SF
Lot
0.46 ac (19,945 SF)
Zoning code
NOR3*-R1*
APN
8056-019-040
UPID
US09-7368418
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
$3.71M
CAP Approach
CAP
$3.43M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.56M
Owner & transaction history
Villa Norwalk Palms LLC · 6 yrs held
Villa Norwalk Palms LLC
since 2020
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
NOR3*-R1* · Norwalk, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.0M
+29.7%
Commercial (general)
$4.3M
+11.3%
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
$3,580,000
ML approach
$3,710,000
CAP Approach
CAP Return
Estimation
6%
$3,715,000
6.5%
$3,430,000
7%
$3,185,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,860,000
Current use
RETAIL STORES
$5,010,000
Change: +30% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,300,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$3.56M
Range $3.20M – $3.91M · ±10% · vs last sale $3.53M (May 4 2020)
Last sale anchor
$3.53M
May 4 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
$255 / 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
$49,720
Tax year 2024
Assessed value
$3,782,725
Assessed 2024
Previous assessed
$3,782,725
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$883,492
Assessed improvement
$2,899,233
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
NONE
Units
14
Bathrooms
26
Total area
13,914 SF
Lot
0.46 ac (19,945 SF)
Zoning code
NOR3*-R1*
APN
8056-019-040
UPID
US09-7368418
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
NOR3*-R1* · Norwalk, CA
Zoning NOR3*-R1* · permitted uses
NOR3*-R1* · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.9M
RETAIL STORES
Est. value
$5.0M
COMMERCIAL (GENERAL)
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
COMMERCIAL (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
1970
Construction
WOOD
Heating
NONE
Units
14
Bathrooms
26
Lot
0.46 ac
Current owner
From public records · entity-resolved
Villa Norwalk Palms LLC
Entity
Mailing address
46 PENINSULA CTR E STE E, ROLLING HILLS ESTATES, CA 90274-3562
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2020
—
Villa Norwalk Palms LLC
Norwalk Realty Group LLC
Quit Claim Deed
—
Dec 31, 2019
$3,528,000
Norwalk Realty Group LLC
Ruben Estrada
Grant Deed
$2,400,000 · Jpmorgan Chase Bank NA
Dec 18, 2019
—
Ruben Estrada
—
Trustees Deed
related
$1,580,000 · Fidelity Bancorp
Apr 26, 2017
—
Ruben Estrada
—
Deed
related
$1,580,000 · Beneficial State Bank
Aug 15, 2013
—
Ruben Estrada
R & G Estrada LLC
Quit Claim Deed
related
$1,537,500 · One United Bank
Nov 18, 2005
—
R & G Estrada LLC
Estrada,ruben & Guadalupe
Quit Claim Deed
—
Aug 25, 2005
$2,100,000
Ruben Estrada
Stanley M Burstein
Grant Deed
$1,350,000 · Washington Mutual Bank Fa
Jun 19, 2002
$1,300,000
Stanley Burstein
Sceii I LLC
Grant Deed
$975,000 · Hawthorne Savings Bank Fsb
Nov 1, 2001
$905,000
Scei I LLC
Scholten,paul D & Cathryn
Grant Deed
$678,750 · Imperial Capital Bank
Jul 6, 2001
$326,322
Paul Scholten
Quals,alison
Trustees Deed
—
Aug 22, 2000
$474,000
Alison Quals
Scholten,paul D & Cathryn
Grant Deed
$282,999 · Seller
Jan 14, 1972
$22,000
—
—
Grant Deed
related
—
—
—
Paul D Scholten
—
Deed Of Trust
related
$125,000 · Michigan Corp 36
—
—
Paul D Scholten
—
Deed Of Trust
related
$75,000 · Cerritos Valley Bank
—
—
Paul D Scholten
—
Deed Of Trust
related
$215,000 · Individual
—
—
Gould Ronald L
—
Deed Of Trust
related
$149,000 · Imco Realty Services INC
—
—
Paul D Scholten
—
Deed Of Trust
related
$48,040 · Hann John&margar
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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