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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Retail space
42055 50th W St Lancaster, CA 93536-3520
Trust Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8617285
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Construction
TILT-UP CONCRETE
Total area
8,143 SF
Lot
0.4 ac (17,419 SF)
Zoning code
LCC3
APN
3102-017-022
UPID
US09-8617285
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
-
Kendall Jennifer Physician Medical Clinic
-
Dr. Zoe Shaw Psychotherapist
-
Professional Counseling Services Psychotherapist Counselor
-
Proper Paws Pet Parlour INC Pet Grooming Service
-
Quartz Hill Family Chiro Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.20M
Owner & transaction history
Tavangarian Trust · 18 yrs held
Tavangarian Trust
since 2007
7 recorded transactions
Zoning & alternative use
LCC3 · Lancaster, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+41.1%
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
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
Alternative Use
Use
Estimation
RETAIL STORES
$1,295,000
Current use
OFFICE BUILDING
$1,830,000
Change: +41% · Conversion: Easy
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±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
$147 / 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
$23,125
Tax year 2024
Assessed value
$1,223,361
Assessed 2024
Previous assessed
$1,223,361
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$305,836
Assessed improvement
$917,525
Applied tax rate
9.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
8,143 SF
Lot
0.4 ac (17,419 SF)
Zoning code
LCC3
APN
3102-017-022
UPID
US09-8617285
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3 · Lancaster, CA
Zoning LCC3 · permitted uses
LCC3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.8M
RETAIL STORES Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Tavangarian Trust
Trust
Free & Clear · 18 yrs held
Mailing address
1176 TELLEM DR, PACIFIC PALISADES, CA 90272-2244
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2021
—
Tavangarian Trust
—
Deed
related
$8,355,000 · Cathay Bk
Jun 15, 2018
—
Tavangarian Trust
—
Loan Modification
related
$8,395,000 · Cathay Bk
Jul 1, 2016
—
Tavangarian Trust
—
Deed
related
$10,300,000 · Cathay Bk
Dec 31, 2007
—
Tavangarian Trust
Sens Holdings INC
Quit Claim Deed
related
—
Oct 9, 2007
$500,000
Sens Holdings INC
Tavangarian,ardeshir A
Grant Deed
—
Dec 28, 1994
$17,000
Kazem Moayeri
Tavangarian,ardeshir
Grant Deed
—
Dec 8, 1989
—
Arde Tavangarian
Fesha
Quit Claim Deed
related
—
Dec 8, 1989
$130,000
Tavangarian Arde
Fesharakinia Bag
Trustees Deed
related
—
Feb 5, 1988
$137,500
Arde Tavangarian
Davis
Grant Deed
—
—
—
Kazem Moayeri
—
Deed Of Trust
related
$434,000 · 36 INC
—
—
Tavan
—
Deed Of Trust
related
$130,000 · Fesharakinia B
—
—
Tavangarian Trust
—
Loan Modification
related
$10,300,000 · Cathay Bk
—
—
Tavangarian Trust
—
Loan Modification
related
$8,355,000 · Cathay Bk
—
—
Arde Tavangarian
—
Deed Of Trust
related
$500,000 · Argyropoulos J
—
—
Arde Tavangarian
—
Deed Of Trust
related
$515,000 · Sumitomo Bank
—
—
Tavan
—
Deed Of Trust
related
$450,000 · Namco Capital Group INC
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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