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Property profile & analytics
OFF-MARKET
Estimated value
$46,080,000
Community centers
6229 Bristol Pkwy Culver City, CA 90230-6903
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6366508
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1973
Construction
TILT-UP CONCRETE
Total area
37,762 SF
Lot
5.74 ac (250,177 SF)
Zoning code
CCC3*
APN
4134-018-005
UPID
US09-6366508
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
$46.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$46.08M
Owner & transaction history
Bristol Parkway Investors LLC · 2 yrs held
Bristol Parkway Investors LLC
since 2024
Last sale
$46.1M
7 recorded transactions
Zoning & alternative use
CCC3* · Culver City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$31.1M
+94.2%
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 Culver City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Culver City 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
$46,080,000
ML approach
$46,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$31,060,000
Change: +94% · Conversion: Difficult
Blend value · Realmo final
$46.08M
Range $41.47M – $50.69M · ±10% · vs last sale $46.08M (Mar 13 2024)
Last sale anchor
$46.08M
Mar 13 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
$1,220 / 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
$1,070,872
Tax year 2024
Assessed value
$91,800,000
Assessed 2024
Previous assessed
$91,800,000
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$91,800,000
Applied tax rate
8.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
21
Total area
37,762 SF
Lot
5.74 ac (250,177 SF)
Zoning code
CCC3*
APN
4134-018-005
UPID
US09-6366508
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CCC3* · Culver City, CA
Zoning CCC3* · permitted uses
CCC3* · Culver City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Culver City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$31.1M
RESTAURANT
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
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
21
Lot
5.74 ac
Current owner
From public records · entity-resolved
Bristol Parkway Investors LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5862 W 3RD ST, LOS ANGELES, CA 90036-2837
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2024
—
Bristol Parkway Investors LLC
—
Deed
related
$115,000,000 · Hankey Capital LLC
Mar 13, 2024
$46,079,500
Bristol Parkway Investors LLC
Bristol Parkway Propco LLC
Grant Deed
—
Jul 7, 2022
$56,000,000
Bristol Parkway Propco LLC
Mcs Fox Hills Plaza LLC
Grant Deed
$56,550,000 · Fortress Credit Corp
Sep 14, 2015
—
Mcs Fox Hills Plaza LLC
Strauss Family Trust
Quit Claim Deed
—
Dec 30, 2010
—
Leeds Trust
Leeds Adam
Quit Claim Deed
related
—
Jul 12, 2004
$900,000
Strauss,tr
Glnl Partnership
Grant Deed
—
Jul 12, 2004
—
Gary M Leeds
Leeds,nita
Quit Claim Deed
related
—
Jul 9, 2004
—
Gary M Leeds
Leeds,nita
Quit Claim Deed
related
—
Dec 27, 1996
—
Gary M Leeds Trustee
—
Deed Of Trust
related
$2,100,000 · Bank Of America
Jun 12, 1992
—
Strauss Matthew C Co Tr Et Al
—
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.
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