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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Super regional malls
21815 Norwalk Blvd Hawaiian Gardens, CA 90716-1637
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7185846
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1986
Construction
TILT-UP CONCRETE
Total area
2,489 SF
Lot
0.33 ac (14,517 SF)
Zoning code
HGC4
APN
7068-008-048
UPID
US09-7185846
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
$850k
CAP Approach
CAP
$910k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$890k
Owner & transaction history
Sarkis Tatarian · 4 yrs held
Sarkis Tatarian
since 2022
Last sale
$900,000
5 recorded transactions
Zoning & alternative use
HGC4 · Hawaiian Gardens, 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 Hawaiian Gardens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hawaiian Gardens 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
$795,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
$985,000
6.5%
$910,000
7%
$845,000
Blend value · Realmo final
$890k
Range $801k – $979k · ±10% · vs last sale $900k (Mar 1 2022)
Last sale anchor
$900k
Mar 1 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
$358 / 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
$13,217
Tax year 2024
Assessed value
$936,360
Assessed 2024
Previous assessed
$936,360
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$686,664
Assessed improvement
$249,696
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
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,489 SF
Lot
0.33 ac (14,517 SF)
Zoning code
HGC4
APN
7068-008-048
UPID
US09-7185846
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
HGC4 · Hawaiian Gardens, CA
Zoning HGC4 · permitted uses
HGC4 · Hawaiian Gardens, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hawaiian Gardens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Sarkis Tatarian
Individual
Mailing address
8469 BCH CIR, CYPRESS, CA 90630-2069
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2022
—
Sarkis Tatarian
Sarkis Tatarian
Intrafamily Transfer
related
—
Oct 14, 2021
$900,000
Sarkis Tatarian
Maverick Decatur Georgia LLC
Grant Deed
$600,000 · Gf Capital
Mar 7, 2012
$11,650,000
Hpe Hawaiian Gardens Retail Ll
Urdang Of Cadence-hawaiian Garden
Grant Deed
$8,560,000 · Bank Of The West
Jun 2, 2004
—
Maverick Decatur Georgia LLC
Dutton,tr
Grant Deed
$250,000 · Farmers & Merchants Bk Lng Bch
—
—
Sas Family Trust
—
Deed Of Trust
related
$740,000 · Farmers & Merchants Bk Lng Bch
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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