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Property profile & analytics
OFF-MARKET
Estimated value
$4,295,000
Community centers
29575 Pacific Coast Hwy Malibu, CA 90265-3959
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8495403
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1989
Construction
TILT-UP CONCRETE
Total area
20,432 SF
Lot
1 ac (43,622 SF)
Zoning code
LCC2*
APN
4469-022-001
UPID
US09-8495403
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
-
Pacific Coast Pets (Bike/Boat/Book/etc) Store Pet Store & Service
-
Salon Jazmeina Hair Salon
-
Shiva Skin Care Facial and Waxing /Permanent Makeup Spa & Massage Center Skin Care Clinic
-
Shiva Skin Care Facial and Waxing Spa & Massage Center Skin Care Clinic
-
Malibu Shiva's Skin Care & waxing Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.30M
Owner & transaction history
Mike Malamut Hr LLC · 8 yrs held
Mike Malamut Hr LLC
since 2017
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$210 / 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
$46,222
Tax year 2024
Assessed value
$3,639,999
Assessed 2024
Previous assessed
$3,639,999
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$2,931,658
Assessed improvement
$708,341
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
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Bathrooms
3
Total area
20,432 SF
Lot
1 ac (43,622 SF)
Zoning code
LCC2*
APN
4469-022-001
UPID
US09-8495403
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
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Bathrooms
3
Lot
1 ac
Current owner
From public records · entity-resolved
Mike Malamut Hr LLC
Entity
Free & Clear · 8 yrs held
Mailing address
272 W STAFFORD RD, THOUSAND OAKS, CA 91361-5057
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Oct 19, 2017
—
Mike Malamut Hr LLC
Malamut Family Trust
Quit Claim Deed
related
—
Jul 13, 2017
—
Malamut Family Trust
Malamut,michael L & Barbara S
Quit Claim Deed
related
—
Nov 1, 2016
—
Michael L Malamut
—
Deed
related
$5,000,000 · Wells Fargo Bk
Dec 29, 1995
—
Malamut,michael L
Sanwa Bank California
Trustees Deed
$1,172,500 · Sanwa Bank California
Jul 14, 1994
$2,505,100
Bankcorp First
Zuma Beach Plaza
Trustees Deed
related
—
—
—
Leon Elster
—
Deed Of Trust
related
$40,000 · Individual
—
—
Michael L Malamut
—
Deed Of Trust
related
$990,000 · Verdugo Banking
—
—
Michael L Malamut
—
Loan Modification
related
$5,000,000 · Wells Fargo Bk
—
—
Lee Malamut
—
Deed Of Trust
related
$1,450,000 · Wells Fargo Bank
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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