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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Office buildings
8129 Somerset Blvd Paramount, CA 90723-3516
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US09-6395351
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1928
Construction
WOOD
Total area
2,191 SF
Lot
0.16 ac (6,841 SF)
Zoning code
PACM*
APN
6241-012-014
UPID
US09-6395351
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
-
East Coast Prison Conference Association Or Organization
-
Prison Ministry of America Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$785k
Comparable Approach
Comparable
$402k
Blend (final)
Blend
$660k
Owner & transaction history
Rick & Lupe Rodriguez Fam LLC · 15 yrs held
Rick & Lupe Rodriguez Fam LLC
since 2010
7 recorded transactions
Zoning & alternative use
PACM* · Paramount, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+3.1%
Medical building
$995,000
+1.4%
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%
$850,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$985,000
Current use
AUTO REPAIR, GARAGE
$1,015,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$995,000
Change: +1% · Conversion: Easy
RETAIL STORES
$840,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$301 / 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
$6,636
Tax year 2024
Assessed value
$452,168
Assessed 2024
Previous assessed
$452,168
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$314,009
Assessed improvement
$138,159
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1928
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
2,191 SF
Lot
0.16 ac (6,841 SF)
Zoning code
PACM*
APN
6241-012-014
UPID
US09-6395351
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PACM* · Paramount, CAZoning PACM* · permitted uses
PACM* · Paramount, 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
OFFICE BUILDING Current
Est. value
$985,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$995,000
RETAIL STORES
Est. value
$840,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1928
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Rick & Lupe Rodriguez Fam LLC
Entity
Mailing address
8129 SOMERSET BLVD, PARAMOUNT, CA 90723-3516
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2019
—
Rick & Lupe Rodriguez Fam LLC
—
Deed
related
—
May 23, 2018
—
Rick & Lupe Rodriguez Fam LLC
—
Grant Deed
related
$4,000,000 · First Bk/champaign
Sep 9, 2010
—
Rick & Lupe Rodriguez Fam LLC
Rodriguez R & L Fam Trust
Quit Claim Deed
$588,000 · Bank Of America
Oct 6, 2006
$1,005,000
Rodriguez R & L 2003 Fam Trust
R3 Partners LLC
Grant Deed
$600,500 · First California Bank
Feb 2, 1999
—
R3 Partners
Wilson,r L
Trustees Deed
related
—
Jun 24, 1998
$160,000
Randy L Wilson
Speer,linda J
Grant Deed
—
Jun 1, 1989
$125,000
Speer Linda J
Great
Trustees Deed
$112,500 · Great Western Bank
Jun 1, 1989
—
Linda J Speer
Speer
Quit Claim Deed
related
—
—
—
Rick & Lupe Rodriguez Fam LLC
—
Loan Modification
related
—
—
—
R 3 Partners LLC
—
Deed Of Trust
related
$112,000 · City National Bank
—
—
Rick & Lupe Rodriguez Family L
—
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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