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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Turn key restaurants
2523 Anaheim St Wilmington, CA 90744-4011
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7182539
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1963
Construction
WOOD
Total area
4,409 SF
Lot
0.34 ac (14,874 SF)
Zoning code
LAM3
APN
7428-020-030
UPID
US09-7182539
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
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$601k
Blend (final)
Blend
$1.00M
Owner & transaction history
Magic California Properties LLC · 2 yrs held
Magic California Properties LLC
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
LAM3 · Wilmington, 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 Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington 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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (Jun 21 2024)
Last sale anchor
$1.00M
Jun 21 2024
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
$227 / 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
$12,353
Tax year 2024
Assessed value
$928,556
Assessed 2024
Previous assessed
$928,556
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$711,009
Assessed improvement
$217,547
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
1963
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,409 SF
Lot
0.34 ac (14,874 SF)
Zoning code
LAM3
APN
7428-020-030
UPID
US09-7182539
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM3 · Wilmington, CA
Zoning LAM3 · permitted uses
LAM3 · Wilmington, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilmington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Magic California Properties LLC
Entity
Mailing address
21201 VICTORY BLVD, CANOGA PARK, CA 91303-2830
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2024
$1,000,000
Magic California Properties LLC
Jack U Shubin
Grant Deed
$800,000 · Abdul Stewart
Oct 19, 2020
—
Paul L Shubin
Lorena Shubin
Quit Claim Deed
related
—
Oct 19, 2020
$875,000
Jack D Shubin
Paul L Shubin
Grant Deed
related
$725,000 · Paul L Shubin
Aug 15, 2016
—
Paul L Shubin
Shubin D J Living Trust
Quit Claim Deed
related
—
Sep 23, 2010
—
Shubin Dorothy J Living Trust
Shubin,dorothy J
Quit Claim Deed
related
—
Mar 13, 2006
—
Dorothy J Shubin
Shubin,dorothy J
Quit Claim Deed
related
—
—
—
Dorothy J Shubin
—
Deed Of Trust
related
$275,000 · Farmers & Merchants Bk Lng Bch
—
—
Dorothy J Shubin
—
Deed Of Trust
related
$497,000 · Farmers & Merchants Bk Lng Bch
—
—
Dorothy J Shubin
—
Deed Of Trust
related
$43,000 · Farmers & Merchants Bk Lng Bch
—
—
Dorothy J Shubin
—
Deed Of Trust
related
$42,500 · Farmers & Merchants Bk Lng Bch
—
—
Dorothy H Shubin
—
Deed Of Trust
related
$40,000 · Farmers & Merchants Bk Lng Bch
—
—
Dorothy J Shubin
—
Deed Of Trust
related
$370,000 · Farmers & Merchants Bk Lng Bch
Sep 23, 1959
—
Harry M Shubin
Shubin,dorothy J
Quit Claim Deed
related
—
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.
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