New search
Property profile & analytics
OFF-MARKET
Estimated value
$24,020,000
Community centers
8800 Corbin Ave, Northridge, CA 91324-3309
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7347787
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1981
Construction
TILT-UP CONCRETE
Total area
74,964 SF
Lot
5.55 ac (241,755 SF)
Zoning code
LAC1
APN
2783-025-093
UPID
US09-7347787
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
$27.34M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$24.02M
Owner & transaction history
Pcg Kds LLC · 7 yrs held
Pcg Kds LLC
since 2019
6 recorded transactions
Zoning & alternative use
LAC1 · Northridge, 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 Northridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northridge 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%
$29,615,000
6.5%
$27,340,000
7%
$25,385,000
Blend value · Realmo final
$24.02M
Range $21.62M – $26.42M · ±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
$320 / 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
$381,115
Tax year 2024
Assessed value
$30,333,365
Assessed 2024
Previous assessed
$30,333,365
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$15,857,867
Assessed improvement
$14,475,498
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
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
74,964 SF
Lot
5.55 ac (241,755 SF)
Zoning code
LAC1
APN
2783-025-093
UPID
US09-7347787
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC1 · Northridge, CA
Zoning LAC1 · permitted uses
LAC1 · Northridge, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
5.55 ac
Current owner
From public records · entity-resolved
Pcg Kds LLC
Entity
Mailing address
133 PENN ST, EL SEGUNDO, CA 90245-3908
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Jun 25, 2019
—
Pcg Kds LLC
Ccf Pcg Northridge LLC
Grant Deed
$3,700,000 · First Republic Bank
May 18, 2017
$54,700,000
Ccf Pcg Northridge LLC
Nlsr LP
Grant Deed
$35,000,000 · Bank Of America NA
Feb 4, 2013
—
Nlsr LP
Borick Nita Trust
Grant Deed
—
Oct 2, 2012
—
Steven J Borick
Borick,louis L
Affidavit Of Death
related
—
Jan 6, 2009
—
Kohls Department Stores INC
Mervyns LLC
Quit Claim Deed
related
—
Sep 3, 1996
—
Louis L Borick
—
Deed Of Trust
related
$9,000,000 · Variable Annuity Life Ins Co
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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