Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Retail space
8116 California City Blvd California City, CA 93505-2613
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-2749811
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Construction
WOOD
Total area
5,624 SF
Lot
0.29 ac (12,632 SF)
Zoning code
C2
APN
203-090-08-00-0
UPID
US09-2749811
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
-
Tokyo Tuna Restaurant Restaurant
-
Subway Take-out & Catering Catering Service
-
ATM Atm
-
The Dawn on Fire (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$855k
Comparable Approach
Comparable
$509k
Blend (final)
Blend
$690k
Owner & transaction history
Horacio Monserrat · 11 yrs held
Horacio Monserrat
since 2014
7 recorded transactions
Zoning & alternative use
C2 · California City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+54.0%
Apartment house (5+ units)
$840,000
+18.5%
Auto repair, garage
$780,000
+10.3%
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 California City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs California 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$925,000
6.5%
$855,000
7%
$795,000
Alternative Use
Use
Estimation
RETAIL STORES
$705,000
Current use
OFFICE BUILDING
$1,090,000
Change: +54% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$840,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$780,000
Change: +10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$715,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$123 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$11,478
Tax year 2023
Assessed value
$886,609
Assessed 2023
Previous assessed
$886,609
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$85,371
Assessed improvement
$801,238
Applied tax rate
11.0000
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
1996
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
5
Total area
5,624 SF
Lot
0.29 ac (12,632 SF)
Zoning code
C2
APN
203-090-08-00-0
UPID
US09-2749811
Jurisdiction
KERN
Zoning & alternative use
C2 · California City, CA
Zoning C2 · permitted uses
C2 · California City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
California City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$705,000
OFFICE BUILDING
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$840,000
AUTO REPAIR, GARAGE
Est. value
$780,000
INDUSTRIAL (GENERAL)
Est. value
$715,000
RETAIL STORES Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
INDUSTRIAL (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
1996
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
5
Lot
0.29 ac
Current owner
From public records · entity-resolved
Horacio Monserrat
Individual
Mailing address
146 N PASS AVE APT #3, BURBANK, CA 91505-4244
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2014
—
Horacio Monserrat
Monserrat,maria
Quit Claim Deed
related
—
Mar 1, 2006
$675,000
Maria Monserrat
Dominguez,juan B & Marcedalia
Grant Deed
$465,000 · Andes Financial INC
Feb 9, 2006
$20,000
Juan B Dominguez
Gonzalez,jesus & Teresa
Grant Deed
—
Dec 1, 2003
—
Juan B Dominguez
Mike Strong INC
Grant Deed
related
—
Dec 19, 1995
—
Mike Strong INC
—
Grant Deed
related
$175,000 · Mojave Desert Bank
Nov 29, 1995
$50,000
Mike Strong INC
Danny R Jones Trustee
Grant Deed
$42,999 · Seller
Mar 20, 1995
$55,313
Danny R Jones Trust
Bellil,mohammed & Dalila
Trustees Deed
—
Aug 8, 1990
$50,000
Royal Accomodati
Bellil,mohammed
Grant Deed
related
—
—
—
Mike Strong INC
—
Deed Of Trust
related
$235,000 · Mojave Desert Bank
—
—
Mike Strong INC
—
Deed Of Trust
related
$34,757 · Jones Trust
—
—
Mike Strong INC
—
Deed Of Trust
related
$357,956 · Mojave Desert Bank
—
—
Mike Strong INC
—
Deed Of Trust
related
$34,757 · Joan F Jones Trustee
—
—
Juan B Dominguez
—
Deed Of Trust
related
$332,928 · Mojave Desert Bank
—
—
Mike Strong INC
—
Deed Of Trust
related
$42,999 · Danny R Jones Trustee
—
—
Mike Strong INC
—
Deed Of Trust
related
$34,757 · Joan F Jones Trustee
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 8116 California City 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.
