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Property profile & analytics
OFF-MARKET
Estimated value
$3,655,000
Community centers
2729 Ave L L Lancaster, CA 93536-4069
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9933916
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1989
Construction
WOOD
Total area
29,580 SF
Lot
3.5 ac (152,384 SF)
Zoning code
LRA22*
APN
3112-003-039
UPID
US09-9933916
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
$4.74M
Blend (final)
Blend
$3.66M
Owner & transaction history
Commercial Properties LLC · 2 yrs held
Commercial Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
LRA22* · Lancaster, 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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
$3.66M
Range $3.29M – $4.02M · ±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
$124 / 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
$66,303
Tax year 2024
Assessed value
$2,867,697
Assessed 2024
Previous assessed
$2,867,697
+0.0% YoY
Effective rate
2.31%
On assessed value
Assessed land
$1,057,277
Assessed improvement
$1,810,420
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
1989
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
29,580 SF
Lot
3.5 ac (152,384 SF)
Zoning code
LRA22*
APN
3112-003-039
UPID
US09-9933916
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LRA22* · Lancaster, CA
Zoning LRA22* · permitted uses
LRA22* · Lancaster, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
3.5 ac
Current owner
From public records · entity-resolved
Commercial Properties LLC
Entity
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2024
—
Commercial Properties LLC
Commercial Properties LLC
Intrafamily Transfer
related
—
Jan 4, 2024
—
Commercial Properties LLC
Safah Capital LLC
Re-recorded Document
related
—
Nov 3, 2014
—
Commercial Properties LLC
Safah Capital LLC
Grant Deed
$10,500,000 · Usb Real Estate Securities INC
May 1, 2002
—
Safah Capital
Bpp
Grant Deed
related
—
Nov 23, 1999
—
Bpp/cameron Park LP
—
Deed Of Trust
related
$202,800,000 · General Electric Capital Corp
Jan 31, 1997
—
Cameron Park Bpp
Dsl/w,lancaster Phase II
Grant Deed
related
—
Mar 30, 1988
—
Dsl/west Lancast
Dsl/w
Quit Claim Deed
related
$3,662,941 · Downey S & L (wholesale)
—
—
Safah Capital LLC
—
Deed Of Trust
related
$1,120,000 · California Federal Bank
—
—
Safah Capital LLC
—
Deed Of Trust
related
$2,400,000 · Citibank West 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.
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