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Property profile & analytics
OFF-MARKET
Office buildings
868 Ave J J Lancaster, CA 93534-3427
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0321611
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1951
Construction
WOOD
Total area
1,184 SF
Lot
0.18 ac (7,943 SF)
Zoning code
LRCPD
APN
3131-007-010
UPID
US10-0321611
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Md Financial Property Investments L · 1 yrs held
Md Financial Property Investments L
since 2025
Last sale
$382,500
7 recorded transactions
Zoning & alternative use
LRCPD · Lancaster, CA
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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,957
Tax year 2024
Assessed value
$278,460
Assessed 2024
Previous assessed
$278,460
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$112,200
Assessed improvement
$166,260
Applied tax rate
5.0000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1951
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,184 SF
Lot
0.18 ac (7,943 SF)
Zoning code
LRCPD
APN
3131-007-010
UPID
US10-0321611
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LRCPD · Lancaster, CA
Zoning LRCPD · permitted uses
LRCPD · Lancaster, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Md Financial Property Investments L
Entity
Mailing address
655 E ARROW HWY, AZUSA, CA 91702-5802
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
$382,500
Md Financial Property Investments L
Watfa Moussa
Grant Deed
$344,000 · Open Bank
Sep 7, 2022
$273,000
Watfa Moussa
Fadi Maksoud
Grant Deed
—
Sep 7, 2022
—
Watfa Moussa
Liza Diab
Quit Claim Deed
related
—
Apr 7, 2022
—
Fadi Maksoud
—
Deed
related
$551,000 · American Continental Bank
Jan 28, 2021
—
Fadi Maksoud
Sandy K Daoud
Quit Claim Deed
related
—
Jan 25, 2021
$270,000
Fadi Maksoud
Jatc LLC
Grant Deed
$135,000 · Federal Com'l Fndg Corp
Oct 30, 2014
$200,000
Jatc LLC
Jose V De Jesus
Grant Deed
$165,125 · Jpmorgan Chase Bank NA
Jul 17, 1989
$207,000
Jose V Dejesus
Fernandez Thelma
Grant Deed
$54,000 · Antelope Valley 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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