Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,660,000
Retail space
8111 Rosecrans Ave Paramount, CA 90723-2759
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7368678
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
TILT-UP CONCRETE
Total area
12,882 SF
Lot
0.81 ac (35,496 SF)
Zoning code
PARM*
APN
6265-015-024
UPID
US09-7368678
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
-
Wally Wash Laundry (Bike/Boat/Book/etc) Store
-
Grupo AA Ultima Esperanza High School
-
Pika Tortas Ahogadas Restaurant
-
Bella V Boutique Clothing & Fashion Store
-
Mariscos Los Dorados Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.66M
Owner & transaction history
60 E 343th St Corp · 7 yrs held
60 E 343th St Corp
since 2018
7 recorded transactions
Zoning & alternative use
PARM* · Paramount, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.0M
+20.7%
Medical building
$5.9M
+18.6%
Office building
$5.8M
+17.0%
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 Paramount submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paramount 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%
$4,750,000
6.5%
$4,385,000
7%
$4,070,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,935,000
Current use
AUTO REPAIR, GARAGE
$5,960,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$5,855,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$5,780,000
Change: +17% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,980,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$3.66M
Range $3.29M – $4.03M · ±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
$284 / 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
$63,933
Tax year 2024
Assessed value
$4,647,991
Assessed 2024
Previous assessed
$4,647,991
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$2,438,829
Assessed improvement
$2,209,162
Applied tax rate
7.0000
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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
12,882 SF
Lot
0.81 ac (35,496 SF)
Zoning code
PARM*
APN
6265-015-024
UPID
US09-7368678
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PARM* · Paramount, CA
Zoning PARM* · permitted uses
PARM* · Paramount, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paramount. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.9M
AUTO REPAIR, GARAGE
Est. value
$6.0M
MEDICAL BUILDING
Est. value
$5.9M
OFFICE BUILDING
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$4.0M
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
60 E 343th St Corp
Entity
Mailing address
1257 BELLEFLOWER RD, CARLSBAD, CA 92011-2501
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2018
$4,250,000
60 E 343th St Corp
Hwang,brandon & Kimberly
Grant Deed
$1,500,000 · Miscellaneous Ins Co
Mar 26, 2015
$3,250,000
Brandon Hwang
Paramount Property Group LLC
Grant Deed
$2,000,000 · Pacific City Bank
May 23, 2011
—
Paramount Property Group LLC
Lee,joong J
Quit Claim Deed
related
—
May 30, 2007
$3,150,000
Joong J Lee
Kim,kap C & Wendy K
Grant Deed
$2,047,500 · Centerbank
Jul 22, 2005
$2,970,000
Kap C Kim
Tsk Group LLC
Grant Deed
$1,630,000 · Commonwealth Business Bank
Oct 8, 2004
$2,710,000
Tsk Group LLC
A-1 Investment INC
Grant Deed
$1,880,000 · First Commercial Bank
Feb 25, 2004
$2,300,000
A-i Investment INC
Elshir Enterprises LP
Grant Deed
$1,495,000 · Nara Bank
May 12, 1997
$66,000
Elshir Enterprises LP
Jessie R Orozco Trust
Grant Deed
related
$65,400 · Seller
Jun 28, 1995
$710,000
Orozco Trust
Republic Bank
Grant Deed
$560,000 · Republic Bank
Dec 19, 1994
$990,000
Republic Bank
Stamegna Trust
Trustees Deed
related
—
Feb 17, 1993
—
Justice Richard
—
Deed Of Trust
related
—
May 22, 1992
$199,000
Terence R Brown
Future Estates
Grant Deed
$159,200 · Hawthorne Savings & Loan
—
—
Paramount Property Group LLC
—
Deed Of Trust
related
$1,885,000 · Centerbank
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 8111 Rosecrans Ave?
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.
