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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Investment properties
17351 Sunset Blvd 101C, Pacific Palisades, CA 90272-4100
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9310870
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1983
Construction
WOOD
Total area
1,709 SF
Lot
0.57 ac (24,999 SF)
Zoning code
LAC2
APN
4416-003-039
UPID
US09-9310870
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
$350k
CAP Approach
CAP
$530k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Commerce Home Mortgage LLC · 7 yrs held
Commerce Home Mortgage LLC
since 2019
4 recorded transactions
Zoning & alternative use
LAC2 · Pacific Palisades, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$790,000
+49.7%
Medical building
$775,000
+47.1%
Office building
$765,000
+45.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
$350,000
CAP Approach
CAP Return
Estimation
6%
$575,000
6.5%
$530,000
7%
$495,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$530,000
Current use
AUTO REPAIR, GARAGE
$790,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$775,000
Change: +47% · Conversion: Easy
OFFICE BUILDING
$765,000
Change: +45% · Conversion: Easy
RETAIL STORES
$655,000
Change: +24% · Conversion: Easy
WAREHOUSE, STORAGE
$500,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$298 / 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
$41,851
Tax year 2024
Assessed value
$3,472,322
Assessed 2024
Previous assessed
$3,472,322
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$3,056,739
Assessed improvement
$415,583
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1983
Construction
WOOD
Heating
NONE
Cooling
OTHER
Total area
1,709 SF
Lot
0.57 ac (24,999 SF)
Zoning code
LAC2
APN
4416-003-039
UPID
US09-9310870
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$530,000
AUTO REPAIR, GARAGE
Est. value
$790,000
MEDICAL BUILDING
Est. value
$775,000
OFFICE BUILDING
Est. value
$765,000
RETAIL STORES
Est. value
$655,000
WAREHOUSE, STORAGE
Est. value
$500,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1983
Construction
WOOD
Heating
NONE
Cooling
Yes
Lot
0.57 ac
Current owner
From public records · entity-resolved
Commerce Home Mortgage LLC
Entity
Mailing address
16845 VON KARMAN AVE STE #200, IRVINE, CA 92606-4960
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2023
—
Change Lending LLC
—
Deed
related
$35,000,000 · Change Manager LLC
Feb 26, 2019
$6,415,000
Commerce Home Mortgage LLC
Rockhouse Properties LLC
Grant Deed
$5,132,000 · Axos Bank
May 9, 2017
$3,600,000
Rockhouse Properties LLC
Outparcel Investment Partners Viii
Grant Deed
$2,896,000 · Boston Private Bank & Trust Company
—
—
Outparcel Investement Partmers
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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