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Property profile & analytics
OFF-MARKET
Estimated value
$1,845,000
Retail space
15000 Paramount Blvd Paramount, CA 90723-3411
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0077543
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1962
Construction
WOOD
Total area
9,477 SF
Lot
0.46 ac (20,029 SF)
Zoning code
PACM*
APN
6241-013-029
UPID
US10-0077543
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
-
MARISCOS EL PLEBE #1 COCINA SINALOENSE Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.85M
Owner & transaction history
Paramount Crossing LLC · 12 yrs held
Paramount Crossing LLC
since 2014
7 recorded transactions
Zoning & alternative use
PACM* · Paramount, 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 Paramount submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paramount 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,930,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$1.85M
Range $1.66M – $2.03M · ±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
$195 / 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
$23,111
Tax year 2024
Assessed value
$1,682,551
Assessed 2024
Previous assessed
$1,682,551
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$889,348
Assessed improvement
$793,203
Applied tax rate
7.0000
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
1962
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Total area
9,477 SF
Lot
0.46 ac (20,029 SF)
Zoning code
PACM*
APN
6241-013-029
UPID
US10-0077543
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PACM* · Paramount, CA
Zoning PACM* · permitted uses
PACM* · Paramount, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paramount. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.9M
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
1962
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Lot
0.46 ac
Current owner
From public records · entity-resolved
Paramount Crossing LLC
Entity
Mailing address
152 S ANITA AVE, LOS ANGELES, CA 90049-3802
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Feb 19, 2014
$1,400,000
Paramount Crossing LLC
Michel,javier & Leticia
Grant Deed
—
Jan 13, 2006
—
Javier Michel
Michel,javier
Quit Claim Deed
related
—
Nov 4, 2003
$785,000
Javier Michel
Thompson,william H
Grant Deed
$864,000 · Gateway Business Bank
Nov 4, 2003
—
Javier Michel
Michel,leticia
Quit Claim Deed
related
—
Aug 15, 2000
$15,000
Michel,javier
Arita,maria I
Trustees Deed
—
Aug 15, 2000
—
Javier Michel
Michel,l
Quit Claim Deed
related
—
Mar 30, 1999
$150,000
Arita,maria I
Fenner,jerold E & Jeannie R
Trustees Deed
$135,000 · Seller
Mar 30, 1999
—
Jerold E Fenner
Fenner J E Trustee,
Quit Claim Deed
related
—
—
—
Javier Michel
—
Deed Of Trust
related
$42,000 · Victor Ortiz
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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