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Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Turn key restaurants
22969 Pacific Coast Hwy Malibu, CA 90265-4934
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6724352
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1950
Construction
TILT-UP CONCRETE
Total area
7,184 SF
Lot
0.69 ac (30,131 SF)
Zoning code
MACV-1*
APN
4452-019-004
UPID
US09-6724352
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
-
Cardtronics Atm
-
Aviator Nation Dreamland Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.19M
Owner & transaction history
Ska Group LLC · 17 yrs held
Ska Group LLC
since 2009
7 recorded transactions
Zoning & alternative use
MACV-1* · Malibu, 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 Malibu submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malibu 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$165 / 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
$63,419
Tax year 2024
Assessed value
$5,236,902
Assessed 2024
Previous assessed
$5,236,902
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$4,040,045
Assessed improvement
$1,196,857
Applied tax rate
10.0000
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
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
7,184 SF
Lot
0.69 ac (30,131 SF)
Zoning code
MACV-1*
APN
4452-019-004
UPID
US09-6724352
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MACV-1* · Malibu, CA
Zoning MACV-1* · permitted uses
MACV-1* · Malibu, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Malibu. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Ska Group LLC
Entity
Mailing address
9350 WILSHIRE BLVD STE #300, BEVERLY HILLS, CA 90212-3204
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2019
—
Ska Group LLC
—
Grant Deed
related
$8,500,000 · Morgan Stanley Pvt Bk NA
Jan 23, 2009
$5,309,497
Ska Group LLC
Chicago Title Co
Trustees Deed
related
—
Mar 21, 2003
—
Finance Network LLC
—
Deed Of Trust
related
$1,700,000 · Bank Of Beverly Hills
Sep 26, 2002
$2,650,000
Wave Sound INC
Bachtiari,tr
Grant Deed
$1,125,000 · Bachtiari Trust
Jun 10, 1999
$788,500
Bachtiari Trust
Al-omar,walid
Grant Deed
—
Feb 2, 1994
$178,500
Omar Walid Al
—
Grant Deed
related
—
Apr 26, 1991
$1,030,000
Omar Walid Al
Unknown
Grant Deed
—
—
—
Net Work Dev LLC
—
Deed Of Trust
related
$100,000 · Automated Finance Corp
—
—
Valid Al-omar
—
Deed Of Trust
related
$724,356 · Santa Monica Bank
—
—
Walid Al-omar
—
Deed Of Trust
related
$30,300 · Us Small Business Admn
—
—
Wave Sound INC
—
Deed Of Trust
related
$3,500,000 · Malibu Sands Real Estate INC
—
—
Wave Sound INC
—
Deed Of Trust
related
$1,700,000 · Bank Of Beverly Hills
—
—
Bachtiari Trust
—
Deed Of Trust
related
$1,125,000 · Centennial Bank
—
—
Wave Sound INC
—
Deed Of Trust
related
—
—
—
Wave Sound INC
—
Deed Of Trust
related
—
—
—
Wave Sound INC
—
Deed Of Trust
related
—
—
—
Walid Al-omar
—
Deed Of Trust
related
$15,800 · Us Small Business Admn
—
—
Ska Group LLC
—
Deed Of Trust
related
$5,000,000 · Bank Of America
—
—
Ska Group LLC
—
Deed Of Trust
related
$5,000,000 · Bank Of America
—
—
Wave Sound INC
—
Deed Of Trust
related
$5,000,000 · American National Insurance Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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