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Property profile & analytics
OFF-MARKET
Estimated value
$4,850,000
Investment properties
23410 Civic Ctr Way Malibu, CA 90265-5909
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6384089
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1979
Total area
35,230 SF
Lot
2.07 ac (89,966 SF)
Zoning code
LCC3*
APN
4458-020-010
UPID
US09-6384089
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
-
MALIBU MAGAZINE Publishing House
-
Malibu Shaman Metaphysical Supply Store
-
Tomlinson Management Group Business Management Consultant
-
5 Point Yoga Wellness Program Retreat Center
-
Kimberly Quaid, Compass - The Malibu Life Team Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.84M
Blend (final)
Blend
$4.85M
Owner & transaction history
Malibu Cross Creek Ltd · 3 yrs held
Malibu Cross Creek Ltd
since 2023
7 recorded transactions
Zoning & alternative use
LCC3* · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.85M
Range $4.37M – $5.34M · ±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
$138 / 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
$303,711
Tax year 2024
Assessed value
$11,300,978
Assessed 2024
Previous assessed
$11,300,978
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$3,636,887
Assessed improvement
$7,664,091
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1979
Heating
NONE
Cooling
YES
Stories
1
Total area
35,230 SF
Lot
2.07 ac (89,966 SF)
Zoning code
LCC3*
APN
4458-020-010
UPID
US09-6384089
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3* · Malibu, CA
Zoning LCC3* · permitted uses
LCC3* · 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
1979
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
Malibu Cross Creek Ltd
Individual
Mailing address
12410 SANTA MONICA BLVD, LOS ANGELES, CA 90025-2522
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2023
—
Malibu Cross Creek Ltd
—
Deed
related
$20,700,000 · Farmers & Merchants Bank Of Long Beach
—
—
Malibu Cross Creek Ltd
—
Deed Of Trust
related
$1,000,000 · Malibu Cross Creek Mtg Income
—
—
Malibu Cross Creek Ltd
—
Deed Of Trust
related
$4,625,000 · Fremont Investment & Loan
—
—
Malibu Cross Creek Ltd
—
Deed Of Trust
related
$183,800 · Us Small Business Admn
—
—
Malibu Cross Creek Ltd
—
Deed Of Trust
related
$31,000,000 · Miscellaneous Ins Co
—
—
Malibu Cross Creek Ltd
—
Deed Of Trust
related
$4,600,000 · Hawthorne Savings Bank Fsb
—
—
Malibu Cross Creek Ltd
—
Deed Of Trust
related
$7,250,000 · American Pacific State Bank
—
—
Malibu Cross Creek Ltd
—
Deed Of Trust
related
$5,350,000 · Hawthorne Savings Bank Fsb
—
—
Malibu Cross Creek Ltd
—
Deed Of Trust
related
$9,650,000 · First Bank Beverly Hills
—
—
Malibu Cross Creek Ltd
—
Deed Of Trust
related
$10,000,000 · Washington Mutual Fsb
—
—
Malibu Cross Creek Ltd
—
Deed Of Trust
related
$2,165,559 · Washington Mutual Fsb
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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