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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Office buildings
4916 Palo Verde Ave, Lakewood, CA 90713-2202
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0420703
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Construction
WOOD
Total area
2,437 SF
Lot
0.22 ac (9,473 SF)
Zoning code
LKC1*
APN
7048-021-001
UPID
US10-0420703
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
-
Home Base Realty, Inc Real Estate Agency
-
Victor Vann, Coldwell Banker Coastal Alliance Real Estate Agency
-
Lynsey C Russell Coldwell Banker Star Real Estate Agency
-
JustJulius Real Estate Agency
-
Gary Joiner, Coldwell Banker Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$830k
CAP Approach
CAP
$875k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$830k
Owner & transaction history
Scott Austin · 1 yrs held
Scott Austin
since 2024
Last sale
$830,000
7 recorded transactions
Zoning & alternative use
LKC1* · Lakewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+3.1%
Medical building
$1.1M
+1.4%
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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$830,000
ML approach
$830,000
CAP Approach
CAP Return
Estimation
6%
$945,000
6.5%
$875,000
7%
$810,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,095,000
Current use
AUTO REPAIR, GARAGE
$1,125,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$1,110,000
Change: +1% · Conversion: Easy
RETAIL STORES
$935,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $830k (Sep 11 2024)
Last sale anchor
$830k
Sep 11 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
$341 / 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
$11,798
Tax year 2024
Assessed value
$846,600
Assessed 2024
Previous assessed
$846,600
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$510,000
Assessed improvement
$336,600
Applied tax rate
5.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
2,437 SF
Lot
0.22 ac (9,473 SF)
Zoning code
LKC1*
APN
7048-021-001
UPID
US10-0420703
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LKC1* · Lakewood, CA
Zoning LKC1* · permitted uses
LKC1* · Lakewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$935,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1975
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Scott Austin
Individual
Free & Clear · 1 yrs held
Mailing address
3052 WALKER LEE DR, LOS ALAMITOS, CA 90720-5246
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2024
—
Scott Austin
Scott Austin
Intrafamily Transfer
related
—
May 3, 2023
$830,000
Scott Austin
David J Delmotte
Grant Deed
$830,000 · Delmotte Living Trust
Nov 30, 2006
—
David J Delmotte
Delmotte,david J & Delphine A
Quit Claim Deed
related
—
Sep 25, 1998
$400,000
David J Delmotte
Austin Trust
Grant Deed
$292,500 · Crown American Bank
Aug 29, 1997
—
Canyon Ltd
Austin,r R & D S
Quit Claim Deed
related
—
Oct 24, 1994
—
Lakewood J B Dev
Austin,r
Grant Deed
related
—
Jul 6, 1994
—
Austin,rosemarie B Trustee
Austin,r B
Quit Claim Deed
related
—
Feb 11, 1994
$235,454
Austin Trust
Yeager,jeri P
Grant Deed
$175,000 · South Coast Thrift & Loan
Jan 25, 1988
—
Robert J Austin
Austi
Quit Claim 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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