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Property profile & analytics
OFF-MARKET
Estimated value
$12,330,000
Super regional malls
17510 Carmenita Rd Cerritos, CA 90703-8635
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0114370
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1971
Construction
TILT-UP CONCRETE
Total area
42,794 SF
Lot
3.8 ac (165,445 SF)
Zoning code
CECN
APN
7027-020-038
UPID
US10-0114370
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
$15.61M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.33M
Owner & transaction history
Five Points LLC · 14 yrs held
Five Points LLC
since 2012
7 recorded transactions
Zoning & alternative use
CECN · 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%
$16,905,000
6.5%
$15,605,000
7%
$14,490,000
Blend value · Realmo final
$12.33M
Range $11.10M – $13.56M · ±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
$288 / 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
$146,433
Tax year 2024
Assessed value
$11,252,613
Assessed 2024
Previous assessed
$11,252,613
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$8,837,133
Assessed improvement
$2,415,480
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1971
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
42,794 SF
Lot
3.8 ac (165,445 SF)
Zoning code
CECN
APN
7027-020-038
UPID
US10-0114370
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CECN · Cerritos, CA
Zoning CECN · permitted uses
CECN · 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
1971
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
3.8 ac
Current owner
From public records · entity-resolved
Five Points LLC
Entity
Mailing address
255 S EUCLID ST, ANAHEIM, CA 92802-1013
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2012
—
Five Points LLC
System II LLC
Grant Deed
related
—
Jul 26, 2010
$625,000
System II LLC
Ball Road Corp
Grant Deed
—
Feb 27, 2009
$700,000
Ball Road Corp
Barkhordarian,lila
Grant Deed
$100,000 · M&a Gabaee
Nov 18, 2008
$700,000
Barkhordarian,lila
Tabidian V Trust
Grant Deed
—
Oct 4, 2007
$1,200,000
Tabibian,vida Trust
Hong,chanhee
Grant Deed
$500,000 · M & A Gabaee
Jun 12, 2000
$649,000
Hong,chanhee
Escondido Thrifty Investors
Trustees Deed
$305,500 · Wilshire State Bank
Jan 3, 1994
$221,500
Escondido Thrifty Investors
Brutten Reynolds
Trustees Deed
—
Dec 1, 1971
$376,000
—
—
Grant Deed
related
—
—
—
Chanhee Hong
—
Deed Of Trust
related
$818,000 · Alliance Bank
—
—
Chanhee Hong
—
Deed Of Trust
related
$116,350 · Wilshire State 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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