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Property profile & analytics
OFF-MARKET
Office buildings
235 Palmdale Blvd Palmdale, CA 93550-4548
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8684442
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
WOOD
Total area
2,736 SF
Lot
0.19 ac (8,276 SF)
Zoning code
PDC3*
APN
3008-024-007
UPID
US09-8684442
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
-
SERVICE HUB GROUP Marketing & Advertising Event Planning
-
HWY 138 CBD (Bike/Boat/Book/etc) Store Specialty Food Shop
-
GBL Corporate Office Goddess Beauty Lounge1 (Bike/Boat/Book/etc) Store Cosmetic Store
-
Diana's Hair Salon Hair Salon Nail Salon
-
Cadillac Tax Services Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sasoon Properties LLC · 4 yrs held
Sasoon Properties LLC
since 2022
6 recorded transactions
Zoning & alternative use
PDC3* · Palmdale, 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 Palmdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmdale 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
—
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
$6,303
Tax year 2024
Assessed value
$297,393
Assessed 2024
Previous assessed
$297,393
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$76,886
Assessed improvement
$220,507
Applied tax rate
17.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
2,736 SF
Lot
0.19 ac (8,276 SF)
Zoning code
PDC3*
APN
3008-024-007
UPID
US09-8684442
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDC3* · Palmdale, CA
Zoning PDC3* · permitted uses
PDC3* · Palmdale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Sasoon Properties LLC
Entity
Mailing address
7259 FULTON AVE, NORTH HOLLYWOOD, CA 91605-4111
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2022
—
Sasoon Properties LLC
Norik Ayvazyan
Grant Deed
—
Oct 1, 2015
$530,000
Norik Ayvazyan
Kusuhara,nobuhir & Ryoko
Grant Deed
—
Oct 1, 2015
—
Norik Ayvazyan
Ayvazyan,oksana
Quit Claim Deed
related
—
Mar 31, 1993
$314,500
Kazunori Nozawa
First Fidelity T
Grant Deed
$251,320 · First Fidelity Thrift & Loan
Dec 24, 1992
$378,383
Fidelity Thrift First
Funk,michael D
Trustees Deed
related
—
—
—
Nobuhir Kusuhara
—
Deed Of Trust
related
$210,000 · Imperial Thrift & Loan
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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