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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Medical Office Space
16543 Carmenita Rd Cerritos, CA 90703-2218
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0111360
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Construction
TILT-UP CONCRETE
Total area
6,230 SF
Lot
0.48 ac (20,932 SF)
Zoning code
CEADP1
APN
7005-006-013
UPID
US10-0111360
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
$1.10M
Blend (final)
Blend
$1.15M
Owner & transaction history
1200 N Tustin LLC · 7 yrs held
1200 N Tustin LLC
since 2019
7 recorded transactions
Zoning & alternative use
CEADP1 · Cerritos, 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 Cerritos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cerritos 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
$1.15M
Range $1.04M – $1.27M · ±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
$185 / 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
$33,967
Tax year 2024
Assessed value
$2,734,114
Assessed 2024
Previous assessed
$2,734,114
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,367,057
Assessed improvement
$1,367,057
Applied tax rate
2.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2008
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Stories
1
Units
1
Total area
6,230 SF
Lot
0.48 ac (20,932 SF)
Zoning code
CEADP1
APN
7005-006-013
UPID
US10-0111360
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CEADP1 · Cerritos, CA
Zoning CEADP1 · permitted uses
CEADP1 · Cerritos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cerritos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
1200 N Tustin LLC
Entity
Free & Clear · 7 yrs held
Mailing address
30025 ALICIA PKWY #157, LAGUNA NIGUEL, CA 92677-2090
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2019
$800,000
1200 N Tustin LLC
Kjjk Properties LLC
Grant Deed
—
Jul 19, 2007
—
Kjjk Properties LLC
—
Trustees Deed
related
$2,625,000 · Centerbank
Apr 9, 2004
—
Kjjk Properties LLC
Kim,john S & Catherine H
Quit Claim Deed
related
—
Oct 1, 2003
$620,000
John S Kim
Ringwald,lydia
Grant Deed
—
Feb 16, 1996
—
Lydia Ringwald
Ringwald,l
Quit Claim Deed
related
—
Dec 20, 1994
—
Lydia Ringwald
Ringwald,s C Trustee
Quit Claim Deed
related
—
Sep 24, 1993
$175,500
Siegfried C Tr Ringwald
—
Grant Deed
related
—
—
—
Kjjk Properties LLC
—
Deed Of Trust
related
$250,000 · Centerbank
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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