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Property profile & analytics
OFF-MARKET
Estimated value
$7,325,000
Community centers
1816 Lomita Blvd Lomita, CA 90717-1906
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US09-6371841
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1988
Construction
WOOD
Total area
27,153 SF
Lot
1.6 ac (69,664 SF)
Zoning code
LOMC*
APN
7410-017-057
UPID
US09-6371841
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
-
A Dentistry: Paik Mi Sung DDS Dental Office
-
Dr. Misung Paik, DDS Dental Office
-
Oxy Dental Dental Office
-
Lomita Mould Removal & Remediation Home Inspector
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.90M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.33M
Owner & transaction history
Lomita Plaza LLC · 21 yrs held
Lomita Plaza LLC
since 2005
3 recorded transactions
Zoning & alternative use
LOMC* · Lomita, CA
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 Lomita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lomita 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%
$10,730,000
6.5%
$9,900,000
7%
$9,195,000
Blend value · Realmo final
$7.33M
Range $6.59M – $8.06M · ±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
$270 / 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
$109,338
Tax year 2024
Assessed value
$7,368,839
Assessed 2024
Previous assessed
$7,368,839
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$4,287,325
Assessed improvement
$3,081,514
Applied tax rate
1.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
19
Bathrooms
35
Total area
27,153 SF
Lot
1.6 ac (69,664 SF)
Zoning code
LOMC*
APN
7410-017-057
UPID
US09-6371841
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LOMC* · Lomita, CAZoning LOMC* · permitted uses
LOMC* · Lomita, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
19
Bathrooms
35
Lot
1.6 ac
Current owner
From public records · entity-resolved
Lomita Plaza LLC
Entity
Mailing address
PO BOX 2756, PALOS VERDES ESTATES, CA 90274-8756
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2022
—
Lomita Plaza LLC
—
Deed
related
$3,210,000 · Jpmorgan Chase Bank NA
Jul 12, 2005
$5,500,000
Lomita Plaza LLC
Simon C Hui
Grant Deed
$3,100,000 · Morgan Stanley Mortgage Capital INC
Jan 26, 1988
$442,500
Simon C Hui
Hui
Grant 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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