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Property profile & analytics
OFF-MARKET
Turn key restaurants
15229 Sunset Blvd, Pacific Palisades, CA 90272-3612
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6525151
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1951
Construction
WOOD
Total area
1,856 SF
Lot
0.06 ac (2,787 SF)
Zoning code
LAC2
APN
4423-016-010
UPID
US09-6525151
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Palisades Village Co LLC · 11 yrs held
Palisades Village Co LLC
since 2014
7 recorded transactions
Zoning & alternative use
LAC2 · Pacific Palisades, 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 Pacific Palisades submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pacific Palisades 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$20,430
Tax year 2024
Assessed value
$1,637,808
Assessed 2024
Previous assessed
$1,637,808
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,519,983
Assessed improvement
$117,825
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1951
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
1,856 SF
Lot
0.06 ac (2,787 SF)
Zoning code
LAC2
APN
4423-016-010
UPID
US09-6525151
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Pacific Palisades, CA
Zoning LAC2 · permitted uses
LAC2 · Pacific Palisades, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pacific Palisades. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Palisades Village Co LLC
Entity
Mailing address
101 THE GRV DR, LOS ANGELES, CA 90036-6221
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2021
—
Palisades Village Co LLC
—
Deed
related
—
Aug 30, 2018
—
Palisades Village Co LLC
—
Loan Modification
related
$161,000,000 · City Nat'l Bk
Nov 26, 2014
—
Palisades Village Co LLC
John Robert Wilson
Grant Deed
$30,000,000 · City National Bank
Nov 7, 2014
—
Macdonald,robert D Trust
Macdonald,heather
Quit Claim Deed
related
—
Dec 12, 2012
—
Miller-palisades Props LLC
Davis,cynthia
Quit Claim Deed
related
—
Dec 5, 2012
—
Dbpl Trust
Dbpl Trust
Quit Claim Deed
related
—
Dec 20, 2010
—
Dbpl Trust
Wilson Family Trust
Quit Claim Deed
related
—
Dec 14, 2007
—
Amber Manno
Wilson Family Trust
Grant Deed
—
Mar 9, 2006
—
Joslyn Palisades Props LLC
Sill,marcia J
Quit Claim Deed
related
—
Jan 12, 2006
$208,000
Marcia H Sill
Joslyn,theodore N
Grant Deed
related
—
Jan 9, 2006
—
Joslyn Palisades Props LLC
Sill,marcia J
Quit Claim Deed
related
—
Mar 14, 2005
—
Miller-palisades Props LLC
Miller,cynthia D
Quit Claim Deed
related
—
Feb 5, 2004
—
Wilson,tr
Wilson,tr
Quit Claim Deed
related
—
Jan 8, 2004
—
Wilson,tr
Wilson,tr
Quit Claim Deed
related
—
Dec 31, 2003
—
Wilson,tr
Wilson,tr
Quit Claim Deed
related
—
Jan 24, 1996
—
Wilson,john R Tr Et Al
—
Deed Of Trust
related
—
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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