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Property profile & analytics
OFF-MARKET
Estimated value
$2,805,000
Retail space
5724 Olympic Blvd Commerce, CA 90022-5120
Individually Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7921768
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Construction
WOOD
Total area
9,671 SF
Lot
0.5 ac (21,633 SF)
Zoning code
CMM1*
APN
6338-033-039
UPID
US09-7921768
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
$3.76M
Comparable Approach
Comparable
$2.85M
Blend (final)
Blend
$2.81M
Owner & transaction history
Plaza Olympica · 25 yrs held
Plaza Olympica
since 2000
4 recorded transactions
Zoning & alternative use
CMM1* · Commerce, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.4M
+102.4%
Neighborhood: shopping center
$4.1M
+88.2%
Warehouse, storage
$2.7M
+24.2%
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 Commerce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Commerce 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%
$4,075,000
6.5%
$3,760,000
7%
$3,490,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,175,000
Current use
MEDICAL BUILDING
$4,405,000
Change: +102% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,095,000
Change: +88% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,705,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$2,345,000
Change: +8% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,905,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$2.81M
Range $2.52M – $3.09M · ±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
$290 / 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
$33,916
Tax year 2024
Assessed value
$2,511,401
Assessed 2024
Previous assessed
$2,511,401
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$642,618
Assessed improvement
$1,868,783
Applied tax rate
6.0000
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
1988
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
9,671 SF
Lot
0.5 ac (21,633 SF)
Zoning code
CMM1*
APN
6338-033-039
UPID
US09-7921768
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CMM1* · Commerce, CAZoning CMM1* · permitted uses
CMM1* · Commerce, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$4.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.1M
WAREHOUSE, STORAGE
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
RETAIL STORES Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1988
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Plaza Olympica
Individual
Mailing address
16666 E JOHNSON DR, CITY OF INDUSTRY, CA 91745-2412
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2000
—
Plaza Olympica
Selcer M S Trustee,
Trustees Deed
related
—
Dec 8, 1992
—
Selcer,marvin S Tr
—
Deed Of Trust
related
—
—
—
Plaza Olympica LLC
—
Deed Of Trust
related
$1,155,000 · California Federal Bank
—
—
Plaza Olympica LLC
—
Deed Of Trust
related
$1,125,000 · Symetra Life Insurance Co
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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