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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Office buildings
15235 Lakewood Blvd Paramount, CA 90723-4630
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0080607
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1959
Construction
WOOD
Total area
2,394 SF
Lot
0.07 ac (3,134 SF)
Zoning code
PAM1*
APN
6268-031-018
UPID
US10-0080607
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
-
DIRECTV Paramount Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$860k
Comparable Approach
Comparable
$423k
Blend (final)
Blend
$695k
Owner & transaction history
Gary E Sarria · 10 yrs held
Gary E Sarria
since 2015
7 recorded transactions
Zoning & alternative use
PAM1* · Paramount, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+3.1%
Medical building
$1.1M
+1.4%
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%
$930,000
6.5%
$860,000
7%
$795,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,075,000
Current use
AUTO REPAIR, GARAGE
$1,105,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$1,090,000
Change: +1% · Conversion: Easy
RETAIL STORES
$920,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$290 / 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
$6,865
Tax year 2024
Assessed value
$475,836
Assessed 2024
Previous assessed
$475,836
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$185,691
Assessed improvement
$290,145
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,394 SF
Lot
0.07 ac (3,134 SF)
Zoning code
PAM1*
APN
6268-031-018
UPID
US10-0080607
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PAM1* · Paramount, CAZoning PAM1* · permitted uses
PAM1* · Paramount, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$920,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1959
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Gary E Sarria
Individual
Mailing address
5960 COKE AVE, LONG BEACH, CA 90805-3922
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2015
$410,000
Gary E Sarria
Carr,james & Neva J
Grant Deed
$300,000 · James & Neva J Carr
Nov 12, 2010
—
George Petrokowitz
Petrokowitz,donna L
Quit Claim Deed
related
—
Nov 12, 2010
$346,000
James Carr
Petrokowitz,george
Grant Deed
$213,000 · George Petrokowitz
May 17, 2010
$114,418
George Petrokowitz
Ress Financial Corp
Trustees Deed
related
—
Dec 16, 2004
—
Paramount Escrow Services INC
Ruiz,martha
Grant Deed
related
—
Sep 11, 2003
$220,000
Martha Ruiz
Petrokowitz,george
Grant Deed
$130,000 · California Bank & Trust
Jul 10, 2001
$28,469
George Petrokowitz
Welch,robert & Kathleen G
Trustees Deed
—
Dec 20, 1996
—
Storng,jan A Trustee
Welch,r
Grant Deed
related
—
May 21, 1996
$188,000
Hansen Trust
Petrokowitz,george
Trustees Deed
$149,700 · Seller
May 21, 1996
$18,000
Welch,robert & Kathleen G
Hansen Trust
Trustees Deed
related
$18,000 · Seller
Jul 24, 1995
$25,080
George Petrokowitz
Shah,bernard Y
Trustees Deed
—
Aug 1, 1990
$193,000
Shah Bernard Y
Petrokowitz Geor
Trustees Deed
$160,000 · Seller
—
—
Paramount Escrow Services INC
—
Deed Of Trust
related
$100,000 · George Petrokowitz
—
—
Martha Ruiz
—
Deed Of Trust
related
$180,000 · George Petrokowitz
—
—
Bernard Y Shah
—
Deed Of Trust
related
—
—
—
George Petrokowitz
—
Deed Of Trust
related
$265,000 · Donna L Behounek
—
—
Martha Ruiz
—
Deed Of Trust
related
$23,000 · Janet Brooks
—
—
Bernard Y Shah
—
Deed Of Trust
related
—
—
—
Paramount Escrow Services INC
—
Deed Of Trust
related
$34,535 · George Petrokowitz
—
—
Paramount Escrow Services INC
—
Deed Of Trust
related
$169,250 · George Petrokowitz
—
—
James Carr
—
Deed Of Trust
related
$317,000 · Meadows 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.
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