New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,945,000
Community centers
23910 Summerhill Ln, Santa Clarita, CA 91354-4910
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7195485
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2005
Construction
WOOD
Total area
15,970 SF
Lot
1.66 ac (72,403 SF)
Zoning code
SCSP
APN
2810-071-011
UPID
US09-7195485
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.95M
Owner & transaction history
Richardson Properties II · 14 yrs held
Richardson Properties II
since 2011
7 recorded transactions
Zoning & alternative use
SCSP · Santa Clarita, 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 Santa Clarita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Clarita 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
$122 / 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
$140,717
Tax year 2024
Assessed value
$9,937,743
Assessed 2024
Previous assessed
$9,937,743
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$6,434,212
Assessed improvement
$3,503,531
Applied tax rate
9.0000
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
2005
Construction
WOOD
Heating
NONE
Stories
1
Total area
15,970 SF
Lot
1.66 ac (72,403 SF)
Zoning code
SCSP
APN
2810-071-011
UPID
US09-7195485
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SCSP · Santa Clarita, CA
Zoning SCSP · permitted uses
SCSP · Santa Clarita, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Clarita. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.66 ac
Current owner
From public records · entity-resolved
Richardson Properties II
Entity
Mailing address
13305 PENN ST STE #200, WHITTIER, CA 90602-1728
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2011
$8,650,000
Richardson Properties II
Summerhill Retail LLC
Grant Deed
—
Sep 15, 2011
—
Summerhill Retail LLC
Newhall Land & Farming Co
Quit Claim Deed
related
—
Jun 1, 2005
—
Madhav V Kondapalli
Marumganti,anuritha
Grant Deed
related
—
May 4, 2005
—
Hwu J Kim
Kim,soo I
Quit Claim Deed
related
—
Mar 30, 2005
—
Myrna A M Libot
Libot,jocil S
Quit Claim Deed
related
—
Mar 10, 2005
—
Amber Scholer
Scholer,ryan C
Quit Claim Deed
related
—
Jan 3, 2005
—
Summerhill Retail LLC
—
Trustees Deed
related
$4,579,500 · City National Bank
—
—
Summerhill Retail LLC
—
Deed Of Trust
related
$5,700,000 · Lasalle National Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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