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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Turn key restaurants
17209 Central Ave Carson, CA 90746-1324
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8866803
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1989
Construction
WOOD
Total area
2,933 SF
Lot
0.59 ac (25,720 SF)
Zoning code
CAML&D*
APN
7319-033-008
UPID
US09-8866803
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
$2.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.89M
Blend (final)
Blend
$2.50M
Owner & transaction history
17209 Central Ave LLC · 4 yrs held
17209 Central Ave LLC
since 2022
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
CAML&D* · Carson, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.0M
+9.6%
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 Carson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carson 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
$2,315,000
ML approach
$2,280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,830,000
Current use
MEDICAL BUILDING
$2,005,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,735,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±10% · vs last sale $2.50M (May 19 2022)
Last sale anchor
$2.50M
May 19 2022
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
$852 / 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
$37,716
Tax year 2024
Assessed value
$2,601,000
Assessed 2024
Previous assessed
$2,601,000
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$2,080,800
Assessed improvement
$520,200
Applied tax rate
3.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
2,933 SF
Lot
0.59 ac (25,720 SF)
Zoning code
CAML&D*
APN
7319-033-008
UPID
US09-8866803
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CAML&D* · Carson, CAZoning CAML&D* · permitted uses
CAML&D* · Carson, 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
RESTAURANT Current
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
RESTAURANT Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1989
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
17209 Central Ave LLC
Entity
Mailing address
1267 8TH ST, HERMOSA BEACH, CA 90254-4316
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jun 2, 2022
—
17209 Central Ave LLC
—
Deed
related
$1,021,000 · Cdc Small Business Finance Corp
May 19, 2022
$2,500,000
17209 Central Ave LLC
Mena G Christic
Grant Deed
$1,300,000 · Mvb Bank INC
May 19, 2022
—
Mena G Christie
George H Christie
Affidavit Death Of Trustee/successor Trustee
related
—
Mar 16, 2022
—
James Christides
James Christides
Intrafamily Transfer
related
—
Oct 5, 2009
—
Christie George H & M G Trust
Gmla Star LLC
Quit Claim Deed
related
—
Jun 27, 2006
—
Gmla Star LLC
Christie,george H & Mena G
Quit Claim Deed
related
—
Jun 28, 2004
—
Christidis,tr
Christidis,pete & Kaity
Quit Claim Deed
related
—
Jun 22, 2004
—
Pete Christidis
Christidis,pete
Quit Claim Deed
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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