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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Community centers
8150 La Palma Ave Buena Park, CA 90620-3204
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-3756979
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1958
Total area
148,976 SF
Lot
25.01 ac (1,089,404 SF)
APN
070-511-01
UPID
US09-3756979
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
-
Sears Window Replacement Hardware & Home Improvement Interior Design
-
ATM Atm
-
Century Buena Park Downtown and XD Cinema Theater & Performing Art Venue
-
Buena Park Open Air Xchange | Night Market Take-out & Catering Discount Store
-
Dr. Ngoc-Yen Hoang Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.26M
Owner & transaction history
Mgp Xii Buena Park Center LLC · 4 yrs held
Mgp Xii Buena Park Center LLC
since 2021
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Buena Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buena Park 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
$1,310,000
ML approach
$1,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±10% · vs last sale $1.27M (Sep 15 2021)
Last sale anchor
$1.27M
Sep 15 2021
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
$8 / 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
$311,619
Tax year 2024
Assessed value
$26,963,613
Assessed 2024
Previous assessed
$26,963,613
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$17,973,145
Assessed improvement
$8,990,468
Applied tax rate
14.0000
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
1958
Heating
NONE
Stories
1
Total area
148,976 SF
Lot
25.01 ac (1,089,404 SF)
APN
070-511-01
UPID
US09-3756979
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1958
Heating
NONE
Stories
1
Lot
25.01 ac
Current owner
From public records · entity-resolved
Mgp Xii Buena Park Center LLC
Entity
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2021
$1,268,000
Mgp Xii Buena Park Center LLC
Irwin Kallman
Grant Deed
—
Feb 10, 2020
—
Irwin Kallman
Parkvan Associates
Quit Claim Deed
—
Oct 16, 2019
$1,268,000
Mgp Xii Buena Park Center LLC
Lynda Murtha
Grant Deed
—
Oct 15, 2019
—
Lynda Murtha
Fargo Bk NA Wells
Quit Claim Deed
—
Sep 5, 2019
$507,500
Mgp Xii Buena Park Center LLC
Irwin H Groner Prof Corp Psp 4
Grant Deed
—
Sep 5, 2019
$158,500
Mgp Xii Buena Park Center LLC
Derheim,robert S
Grant Deed
—
Sep 5, 2019
$1,109,500
Mgp Xii Buena Park Center LLC
Mcadams,deborah
Grant Deed
—
Sep 5, 2019
$761,000
Mgp Xii Buena Park Center LLC
Irwin H Groner Trust
Grant Deed
—
Apr 19, 2019
$20,288,000
Mgp Xii Buena Park Center LLC
Transform Operating Stores LLC
Grant Deed
—
Mar 6, 2019
$41,200,000
Transform Operating Stores LLC
Sears Roebuck & Co
Quit Claim Deed
related
—
Mar 6, 2019
—
Sears Roebuck
Searsvale Acquisition LLC
Quit Claim Deed
related
—
Oct 5, 2016
$31,000
Searsvale Acquisition LLC
Klemm,joan L
Grant Deed
—
Oct 4, 2016
$31,000
Searsvale Acquisition LLC
Levy Marjorie A Trust
Grant Deed
—
Sep 1, 2016
—
Ruth G Levy
Levy,david J
Affidavit Of Death
related
—
Oct 26, 2015
$25,000
Searsvale Acquisition LLC
Zimskind,abigail S
Grant Deed
—
Mar 9, 2015
$20,500
Searsvale Acquisition LLC
Zimskind Lyle D
Grant Deed
—
Jun 28, 2013
$100,000
Sears Roebuck & Co
Jeffreal Properties INC
Grant Deed
—
Jun 28, 2013
—
Hillsborough Associates
Sandelman,susan & Jeffrey
Quit Claim Deed
related
—
Jun 28, 2013
$50,000
Hillsborough Associates
Sandelman,susan
Grant Deed
—
Mar 1, 2013
—
Deborah Mcadams
Spiva Lemoine S Living Trust
Grant Deed
—
Mar 10, 2011
—
Irwin H Groner
Irwin H Groner INC
Quit Claim Deed
related
—
Aug 27, 1993
—
Mary J Reiter
First Interstate
Quit Claim Deed
related
—
—
—
Coventry II Ddr Buena Park LLC
—
Deed Of Trust
related
$38,000,000 · Transamerica Occidental Life
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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