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Property profile & analytics
OFF-MARKET
Estimated value
$3,765,000
Retail space
16209 Paramount Blvd Paramount, CA 90723-5468
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7371160
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Construction
TILT-UP CONCRETE
Total area
24,750 SF
Lot
0.58 ac (25,430 SF)
Zoning code
PAC3*
APN
7103-007-034
UPID
US09-7371160
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
-
Immigration Legal Help Center Immigration & Naturalization Service Legal Services
-
WSS Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Arrogant Observer Theater & Performing Art Venue Nightclub
-
Le Voyageur Photography & Cinema Wedding Service Photography Service
-
Durrani Asif S DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.72M
Blend (final)
Blend
$3.77M
Owner & transaction history
Hee S Jung · 15 yrs held
Hee S Jung
since 2010
7 recorded transactions
Zoning & alternative use
PAC3* · 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
Blend value · Realmo final
$3.77M
Range $3.39M – $4.14M · ±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
$152 / 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
$22,762
Tax year 2024
Assessed value
$1,375,903
Assessed 2024
Previous assessed
$1,375,903
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$796,575
Assessed improvement
$579,328
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
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
24,750 SF
Lot
0.58 ac (25,430 SF)
Zoning code
PAC3*
APN
7103-007-034
UPID
US09-7371160
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PAC3* · Paramount, CA
Zoning PAC3* · permitted uses
PAC3* · 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.
Building & site characteristics
From public records
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Hee S Jung
Individual
Mailing address
2246 VIA INGRESO, FULLERTON, CA 92833-1753
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2024
—
Hee Sook Jung
—
Deed
related
$1,000,000 · Jpmorgan Chase Bank NA
Jan 31, 2017
—
Sam Glen
—
Deed
related
$1,700,000 · Jpmorgan Chase Bank NA
Nov 17, 2010
—
Hee S Jung
Jung,hee S
Quit Claim Deed
related
—
May 28, 2010
—
Hee S Jung
Glen,sam
Quit Claim Deed
related
—
May 19, 2010
—
Hee S Jung
Glen,sam
Grant Deed
related
—
Feb 10, 2010
—
Sam Glen
Jung,hyung C & Hee S
Grant Deed
related
—
Nov 1, 2004
—
Hyung C Jung
Jung,hyung C
Quit Claim Deed
related
—
Apr 30, 2002
$950,000
Hyung C Jung
Jessie Cobb Family Partnership
Grant Deed
$617,500 · Hanmi Bank
Apr 30, 2002
—
H Jung
Jung,h
Quit Claim Deed
related
—
Dec 30, 1999
—
Jessie C Ehrmann
Ehrmann J C Trustee,
Quit Claim Deed
related
—
Nov 24, 1998
—
Ehrmann,jessie C Trustee
Ehrmann,j C
Quit Claim Deed
related
—
—
—
Hyung C Jung
—
Deed Of Trust
related
$910,000 · Pacific Union 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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