Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,580,000
Retail space
4929 Paramount Blvd Lakewood, CA 90712-2903
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6941920
Property summary
AI-generated overview
This exceptional retail property, situated on a prominent corner lot at the intersection of Paramount Boulevard and Del Amo Boulevard in Lakewood, California, presents a lucrative investment opportunity. The 9,418 square foot building sits on a 0.85-acre lot and is currently leased to six established businesses: Tacos El Tapatio, DDT Financial, First General Insurance, Epsilon Nail and Spa, GameStop, and Nguyen Dental. All tenants are long-term, contributing to a stable and predictable income stream. The property boasts a high occupancy rate and benefits from its strategic location near a CVS Pharmacy and a Social Security Administration building, ensuring high foot traffic and visibility. The property is in excellent condition. Detailed financial information will be provided upon execution of a non-disclosure agreement (NDA). The seller is a corporate LLC and may be undertaking a 1031 exchange, potentially offering cost savings to the buyer. The sale includes only the property itself
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2004
Construction
TILT-UP CONCRETE
Total area
9,418 SF
Lot
0.85 ac (36,854 SF)
Zoning code
LKC3*
APN
7157-027-014
UPID
US09-6941920
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
-
Tacos El Tapatio Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.47M
CAP Approach
CAP
$3.21M
Comparable Approach
Comparable
$5.80M
Blend (final)
Blend
$4.58M
Owner & transaction history
Cmjsk Prop LLC · 1 yrs held
Cmjsk Prop LLC
since 2025
Last sale
$4.7M
2 recorded transactions
Zoning & alternative use
LKC3* · Lakewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.1M
+69.9%
Neighborhood: shopping center
$5.7M
+58.8%
Auto repair, garage
$4.4M
+20.7%
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
$4,465,000
ML approach
$4,465,000
CAP Approach
CAP Return
Estimation
6%
$3,475,000
6.5%
$3,205,000
7%
$2,975,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,610,000
Current use
RESTAURANT
$6,135,000
Change: +70% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,730,000
Change: +59% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,355,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$4,280,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$4,225,000
Change: +17% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,955,000
Change: -18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,910,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$4.58M
Range $4.12M – $5.04M · ±10% · vs last sale $4.70M (Apr 28 2025)
Last sale anchor
$4.70M
Apr 28 2025
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
$486 / 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
$62,145
Tax year 2024
Assessed value
$4,509,721
Assessed 2024
Previous assessed
$4,509,721
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$3,826,436
Assessed improvement
$683,285
Applied tax rate
12.0000
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
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
9,418 SF
Lot
0.85 ac (36,854 SF)
Zoning code
LKC3*
APN
7157-027-014
UPID
US09-6941920
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LKC3* · Lakewood, CA
Zoning LKC3* · permitted uses
LKC3* · 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
RETAIL STORES Current
Est. value
$3.6M
RESTAURANT
Est. value
$6.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$4.3M
OFFICE BUILDING
Est. value
$4.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.9M
RETAIL STORES Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
Cmjsk Prop LLC
Entity
Mailing address
1515 VOORHEES AVE, MANHATTAN BEACH, CA 90266-7041
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2025
$4,700,000
Cmjsk Prop LLC
Titans Capital LLC
Grant Deed
—
May 31, 2005
$3,300,030
Titans Capital LLC
Grea Paramount LLC
Grant Deed
related
$2,300,000 · Grea Paramount LLC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4929 Paramount Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
