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Property profile & analytics
OFF-MARKET
Estimated value
$2,090,000
Office buildings
24903 Pacific Coast Hwy Malibu, CA 90265-4734
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6772801
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2013
Construction
TILT-UP CONCRETE
Total area
9,271 SF
Lot
1.54 ac (66,907 SF)
Zoning code
MARR5*
APN
4458-032-009
UPID
US09-6772801
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
-
The Damon Skelton Group Real Estate Agency
-
Lili Mancini - Realtor Real Estate Agency
-
Barry Kinyon - Compass Real Estate Agency
-
The Radcliffe Group | COMPASS | Real Estate Real Estate Agency
-
Compass Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$2.09M
Owner & transaction history
24903 Pch LLC · 15 yrs held
24903 Pch LLC
since 2011
7 recorded transactions
Zoning & alternative use
MARR5* · 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
$2.09M
Range $1.88M – $2.30M · ±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
$225 / 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
$63,229
Tax year 2024
Assessed value
$5,257,867
Assessed 2024
Previous assessed
$5,257,867
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$2,085,049
Assessed improvement
$3,172,818
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2013
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Rooms
8
Bathrooms
1
Total area
9,271 SF
Lot
1.54 ac (66,907 SF)
Zoning code
MARR5*
APN
4458-032-009
UPID
US09-6772801
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MARR5* · Malibu, CAZoning MARR5* · permitted uses
MARR5* · Malibu, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2013
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Rooms
8
Bathrooms
1
Lot
1.54 ac
Current owner
From public records · entity-resolved
24903 Pch LLC
Entity
Mailing address
5757 W CENTURY BLVD STE #675, LOS ANGELES, CA 90045-6435
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2021
—
24903 Pch LLC
—
Deed
related
$6,000,000 · Banc Of California NA
Sep 6, 2017
—
24903 Pch LLC
—
Grant Deed
related
$6,200,000 · Alliant Cu
Jan 18, 2011
—
24903 Pch LLC
Hajian,mahmoud R
Grant Deed
—
Aug 24, 2010
—
24903 Pch LLC
Hajian,mahmoud R
Grant Deed
—
Dec 3, 2007
—
Mahmoud Reza Hajian
Mahmoud Reza Hajian
Intrafamily Transfer
related
$1,600,000 · Wells Fargo Bank NA
May 9, 2006
—
Morteza Ferdowsi
Asgari,sheida
Grant Deed
related
$800,000 · Geoffrey & Mary L Halpern
Jun 6, 2002
$1,175,000
Mahmoud R Hajian
Tdcd LLC
Grant Deed
—
Dec 30, 1999
$1,275,000
Tdcd LLC
Shidfar Trust
Grant Deed
$1,335,000 · Seller
Jun 16, 1997
$522,000
Shidfar Trust
Tabatabaee,mojtaba
Grant Deed
related
—
Feb 11, 1988
$825,000
Mojtaba Tabatabaee
Unknown
Grant Deed
—
—
—
Tdcd LLC
—
Deed Of Trust
related
$437,013 · Shidfar Trust
—
—
24903 Pch LLC
—
Deed Of Trust
related
$5,350,000 · Double Oaks Trust
—
—
Mahmound R Hajian
—
Deed Of Trust
related
$350,000 · Strauss Susan Trust
—
—
24903 Pch LLC
—
Deed Of Trust
related
$4,000,000 · Double Oaks Trust
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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