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Property profile & analytics
OFF-MARKET
Office buildings
5008 Ave L L Lancaster, CA 93536-4339
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9909220
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
WOOD
Total area
648 SF
Lot
0.08 ac (3,312 SF)
Zoning code
LCR17500*
APN
3102-026-037
UPID
US09-9909220
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
Muthulingam Vijayaseelan · 1 yrs held
Muthulingam Vijayaseelan
since 2024
Last sale
$290,000
7 recorded transactions
Zoning & alternative use
LCR17500* · 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
$2,675
Tax year 2024
Assessed value
$145,656
Assessed 2024
Previous assessed
$145,656
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$88,434
Assessed improvement
$57,222
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Total area
648 SF
Lot
0.08 ac (3,312 SF)
Zoning code
LCR17500*
APN
3102-026-037
UPID
US09-9909220
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR17500* · Lancaster, CA
Zoning LCR17500* · permitted uses
LCR17500* · 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
1971
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Muthulingam Vijayaseelan
Individual
Free & Clear · 1 yrs held
Mailing address
2607 DESERT ROSE DR, LANCASTER, CA 93536-3321
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2024
—
Muthulingam Vijayaseelan
Anjana P Muthulingam
Intrafamily Transfer
related
—
Mar 2, 2022
—
Anjana Pathmarajah Muthulingam
Anjana Pathmarajah Muthulingam
Intrafamily Transfer
related
—
Dec 13, 2021
—
Spisea Trading LLC
—
Deed
related
$529,500 · United States Small Business Admin
Jul 16, 2021
$290,000
Spisea Trading LLC
Bruce Barclay Hailstone
Grant Deed
—
Oct 4, 2017
—
Hailstone Trust
Tvore INC
Quit Claim Deed
related
—
Sep 3, 2002
$138,000
Tvore INC
Masters,don
Grant Deed
$128,000 · Don Masters
Feb 13, 1996
—
Robert W Brown
—
Deed Of Trust
related
—
Oct 15, 1993
—
Carl E Et Al Jones
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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