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Property profile & analytics
OFF-MARKET
Estimated value
$2,640,000
Retail space
8200 Commonwealth Ave Buena Park, CA 90621-2524
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2639827
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1945
Total area
1,687 SF
Lot
0.89 ac (38,751 SF)
APN
070-012-18
UPID
US09-2639827
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
-
Kkanbu Restaurant 깐부 한식맛집 Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.64M
Owner & transaction history
Myung Family Trust · 6 yrs held
Myung Family Trust
since 2020
Last sale
$2.6M
6 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
$2,650,000
ML approach
$2,715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.64M
Range $2.38M – $2.90M · ±10% · vs last sale $2.60M (Jul 2 2020)
Last sale anchor
$2.60M
Jul 2 2020
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
$1,565 / 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
$37,724
Tax year 2024
Assessed value
$2,783,051
Assessed 2024
Previous assessed
$2,783,051
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$2,395,147
Assessed improvement
$387,904
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1945
Heating
NONE
Cooling
YES
Stories
1
Units
8
Rooms
6
Total area
1,687 SF
Lot
0.89 ac (38,751 SF)
APN
070-012-18
UPID
US09-2639827
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
1945
Heating
NONE
Cooling
Yes
Stories
1
Units
8
Rooms
6
Lot
0.89 ac
Current owner
From public records · entity-resolved
Myung Family Trust
Trust
Mailing address
9371 CENTRAL AVE, GARDEN GROVE, CA 92844-1502
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2022
—
Don Young Myung
—
Deed
related
$900,000 · Pacific City Bank
Jul 2, 2020
$2,600,000
Myung Family Trust
Tustin Commonwealth Group LLC
Grant Deed
$900,000 · Tustin Commonwealth Group LLC
Aug 28, 2012
—
Tustin Commonwealth Group LLC
Roberts,kenneth E
Grant Deed
—
Oct 24, 2006
—
Roberts Donald C 1989 Trust
Roberts,don C
Quit Claim Deed
related
—
May 16, 2006
—
Roberts M G Testamentary Trust
Roberts,don C
Quit Claim Deed
related
—
—
—
Tustin Commonwealth Group LLC
—
Deed Of Trust
related
$350,000 · Gbc International Bank
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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