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Property profile & analytics
OFF-MARKET
Estimated value
$18,745,000
Community centers
28619 Western Ave Rancho Palos Verdes, CA 90275-0810
Entity Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9747600
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1982
Construction
WOOD
Total area
48,216 SF
Lot
2.35 ac (102,266 SF)
Zoning code
RPRS-4*
APN
7550-009-024
UPID
US09-9747600
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
$17.59M
Comparable Approach
Comparable
$15.60M
Blend (final)
Blend
$18.75M
Owner & transaction history
Dmk Investment Co · 21 yrs held
Dmk Investment Co
since 2004
7 recorded transactions
Zoning & alternative use
RPRS-4* · Rancho Palos Verdes, 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 Rancho Palos Verdes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rancho Palos Verdes 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%
$19,050,000
6.5%
$17,585,000
7%
$16,330,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$29,345,000
Current use
Blend value · Realmo final
$18.75M
Range $16.87M – $20.62M · ±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
$389 / 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
$74,493
Tax year 2024
Assessed value
$4,047,817
Assessed 2024
Previous assessed
$4,047,817
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$2,428,693
Assessed improvement
$1,619,124
Applied tax rate
15.0000
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
1982
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
23
Total area
48,216 SF
Lot
2.35 ac (102,266 SF)
Zoning code
RPRS-4*
APN
7550-009-024
UPID
US09-9747600
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RPRS-4* · Rancho Palos Verdes, CA
Zoning RPRS-4* · permitted uses
RPRS-4* · Rancho Palos Verdes, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rancho Palos Verdes. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$29.3M
NEIGHBORHOOD: SHOPPING CENTER Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
23
Lot
2.35 ac
Current owner
From public records · entity-resolved
Dmk Investment Co
Entity
Free & Clear · 21 yrs held
Mailing address
7250 CRST RD, RANCHO PALOS VERDES, CA 90275-4547
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2004
—
Dmk Investment Co
Kim D M & B Y 2001 Trust
Quit Claim Deed
related
—
Oct 19, 2001
—
Kim,doo M & Bang Y Tr
Kim,d M & B Y
Quit Claim Deed
related
—
Aug 16, 1996
$2,535,000
Doo M Kim
Bankers Trust Co Ca NA Trustee
Grant Deed
$1,900,000 · Fremont Investment & Loan
Oct 10, 1995
$2,561,172
Bankers Trust Of Ca Trustee
Kornland Building
Trustees Deed
related
—
Feb 14, 1989
$2,882,500
Intercommodator
Kornland Buildin
Trustees Deed
related
—
—
—
Doo M Kim
—
Deed Of Trust
related
$1,900,000 · Hanmi Bank
—
—
Korean Vlg
—
Deed Of Trust
related
$3,400,000 · Bank Of Seoul
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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