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Property profile & analytics
OFF-MARKET
Estimated value
$13,475,000
Community centers
311 Pacific Coast Hwy, Wilmington, CA 90744-2583
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7190998
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1989
Construction
WOOD
Total area
45,870 SF
Lot
2.13 ac (92,590 SF)
Zoning code
LAC2
APN
7421-024-012
UPID
US09-7190998
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
$16.73M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.48M
Owner & transaction history
Los Altos II LP · 9 yrs held
Los Altos II LP
since 2016
7 recorded transactions
Zoning & alternative use
LAC2 · Wilmington, 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 Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington 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%
$18,120,000
6.5%
$16,730,000
7%
$15,535,000
Blend value · Realmo final
$13.48M
Range $12.13M – $14.82M · ±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
$294 / 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
$179,951
Tax year 2024
Assessed value
$14,341,063
Assessed 2024
Previous assessed
$14,341,063
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$3,299,703
Assessed improvement
$11,041,360
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
WOOD
Heating
NONE
Stories
1
Total area
45,870 SF
Lot
2.13 ac (92,590 SF)
Zoning code
LAC2
APN
7421-024-012
UPID
US09-7190998
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Wilmington, CA
Zoning LAC2 · permitted uses
LAC2 · Wilmington, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilmington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
NONE
Stories
1
Lot
2.13 ac
Current owner
From public records · entity-resolved
Los Altos II LP
Entity
Mailing address
1201 N MAGNOLIA AVE, ANAHEIM, CA 92801-2609
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2024
—
Los Altos II LP
—
Deed
related
$13,250,000 · John Hancock Life Insurance Company USA
Dec 21, 2016
—
Los Altos II LP
—
Deed
related
$11,588,000 · Wells Fargo Bank NA
Nov 1, 2016
$1,361,500
Los Altos II LP
Banas Donald W Trust
Grant Deed
—
Aug 17, 2016
—
Banas,donald W Trust
Nishie Noreen N Trust
Quit Claim Deed
—
Nov 17, 2014
—
Nishie,noreen N Trust
Nishie,noreen N
Quit Claim Deed
related
—
Jul 29, 2010
—
Donald W Banas
Ulrich Earl W Trust
Quit Claim Deed
related
—
Jul 23, 2009
—
Altos Los II
Gon-rey II
Grant Deed
related
—
Feb 24, 2003
—
Ulrich,tr
Ulrich,e
Quit Claim Deed
related
—
Aug 1, 1990
$500,000
American Drug Stores INC Lessee
Unknown
Grant Deed
—
—
—
Altos Los II
—
Deed Of Trust
related
$3,937,500 · Wells Fargo Bank
—
—
Wilmington Plaza Bowman
—
Deed Of Trust
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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