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Property profile & analytics
OFF-MARKET
Turn key restaurants
3015 Ave L L Lancaster, CA 93536-4037
Individually Owned
32-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0099080
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1994
Construction
WOOD
Total area
2,997 SF
Lot
0.74 ac (32,444 SF)
Zoning code
LRCPD*
APN
3112-041-081
UPID
US10-0099080
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Reva Z Lazerus · 32 yrs held
Reva Z Lazerus
since 1994
7 recorded transactions
Zoning & alternative use
LRCPD* · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$22,082
Tax year 2024
Assessed value
$1,046,458
Assessed 2024
Previous assessed
$1,046,458
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$349,925
Assessed improvement
$696,533
Applied tax rate
6.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1994
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Units
1
Total area
2,997 SF
Lot
0.74 ac (32,444 SF)
Zoning code
LRCPD*
APN
3112-041-081
UPID
US10-0099080
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LRCPD* · Lancaster, CA
Zoning LRCPD* · permitted uses
LRCPD* · 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
1994
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Reva Z Lazerus
Individual
Free & Clear · 32 yrs held
Mailing address
44846 VLY CENTRAL WAY, LANCASTER, CA 93536-7256
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1994
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
Jun 10, 1994
$367,365
Reva Z Lazerus
Lancaster Develo
Trustees Deed
—
Nov 5, 1991
$200,000
Gary Nakano
Shehata,mark
Grant Deed
—
Jun 22, 1989
$875,000
Mark Shehata
Alons
Grant Deed
$575,000 · Alonso Juan
—
—
Lancaster Dev Ptshp
—
Deed Of Trust
related
$364,838 · Daycar Production
—
—
Mark Shehata
—
Deed Of Trust
related
$275,000 · Rick O Hara & As
—
—
Lancaster Dev Ptshp
—
Deed Of Trust
related
$10,338 · Rick Ohara & Assoc I
—
—
Lancaster Dev Ptshp
—
Deed Of Trust
related
$324,417 · Individual
—
—
Lancaster Dev Ptshp
—
Deed Of Trust
related
$49,354 · Individual
—
—
Mark Shehata
—
Deed Of Trust
related
$355,000 · Rick Ohara & Ass
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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