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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Mobile home & RV parks
29500 Heathercliff Rd Malibu, CA 90265-4162
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6936500
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1969
Total area
12,725 SF
Lot
95.42 ac (4,156,558 SF)
Zoning code
LCR3-C2-R1
APN
4468-013-011
UPID
US09-6936500
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 Malibu Mold Guy Home Inspector
-
Point Dume Club Living - View All Mobile Home Listings Real Estate Agency
-
Rosen Donald P MD Physician Medical Clinic
-
Terroir Malibu Landscaping General Contractor
-
Big Sugar Records Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.70M
Owner & transaction history
Point Dume Mhc LLC · 1 yrs held
Point Dume Mhc LLC
since 2024
Last sale
$1.7M
6 recorded transactions
Zoning & alternative use
LCR3-C2-R1 · 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
$1,700,000
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $1.70M (Sep 17 2024)
Last sale anchor
$1.70M
Sep 17 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
$134 / 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
$802,300
Tax year 2024
Assessed value
$65,313,264
Assessed 2024
Previous assessed
$65,313,264
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$62,850,411
Assessed improvement
$2,462,853
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1969
Heating
NONE
Cooling
YES
Buildings
4
Units
304
Bathrooms
4
Total area
12,725 SF
Lot
95.42 ac (4,156,558 SF)
Zoning code
LCR3-C2-R1
APN
4468-013-011
UPID
US09-6936500
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR3-C2-R1 · Malibu, CA
Zoning LCR3-C2-R1 · permitted uses
LCR3-C2-R1 · 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
1969
Heating
NONE
Cooling
Yes
Buildings
4
Units
304
Bathrooms
4
Lot
95.42 ac
Current owner
From public records · entity-resolved
Point Dume Mhc LLC
Entity
Mailing address
110 N WACKER DR STE A, CHICAGO, IL 60606-1513
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2024
$1,700,000
Point Dume Mhc LLC
Point Dume Ltd
Grant Deed
—
Dec 24, 1996
$5,992,000
Point Dume Ltd
Adamson Companies
Grant Deed
—
—
—
Point Dume Ltd
—
Deed Of Trust
related
$20,500,000 · Principal Life Insurance Co
—
—
Point Dume Ltd
—
Deed Of Trust
related
$12,750,000 · Johnson Capital Group INC
—
—
Point Dume Ltd
—
Deed Of Trust
related
$15,000,000 · Prudential Insurance Of Americ
Jun 9, 1969
—
—
—
Grant 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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