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Property profile & analytics
FOR LEASE
Investment properties
29160 Heathercliff Rd Malibu, CA 90265
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6922026
For Lease
1 / 11
$3,975,000
29160 Heathercliff Rd, Malibu, CA 90265
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1991
Construction
WOOD
Total area
30,629 SF
Lot
1.62 ac (70,513 SF)
Zoning code
LCC2*
APN
4466-021-029
UPID
US09-6922026
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
-
A Malibu Home Property Management Company
-
Eclectic Electric Marketing & Advertising (Bike/Boat/Book/etc) Store
-
MALIBU GIVES Charitable Organization Social Service Agency
-
Joseph Peck - Steel Drum Musician & Instructor Tutoring Service
-
Zuma Wellness Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.47M
Blend (final)
Blend
$3.98M
Owner & transaction history
Point Dume Pavilion II LLC · 13 yrs held
Point Dume Pavilion II LLC
since 2012
2 recorded transactions
Zoning & alternative use
LCC2* · 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
$3.98M
Range $3.58M – $4.37M · ±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
$130 / 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
$100,093
Tax year 2024
Assessed value
$8,132,896
Assessed 2024
Previous assessed
$8,132,896
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$229,081
Assessed improvement
$7,903,815
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1991
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
4
Total area
30,629 SF
Lot
1.62 ac (70,513 SF)
Zoning code
LCC2*
APN
4466-021-029
UPID
US09-6922026
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC2* · Malibu, CA
Zoning LCC2* · permitted uses
LCC2* · Malibu, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Malibu. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
4
Lot
1.62 ac
Current owner
From public records · entity-resolved
Point Dume Pavilion II LLC
Entity
Free & Clear · 13 yrs held
Mailing address
27534 SUNNYRIDGE RD, PALOS VERDES PENINSULA, CA 90274-4041
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2012
—
Point Dume Pavilion II LLC
Klein,jeffrey
Grant Deed
—
Oct 5, 2011
—
Arnold Klein
Klein,arnold & Emma
Quit Claim Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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