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Property profile & analytics
OFF-MARKET
Estimated value
$3,590,000
Manufacturing properties
8800 Somerset Blvd, Paramount, CA 90723-4659
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8572904
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1965
Construction
TILT-UP CONCRETE
Total area
7,500 SF
Lot
0.46 ac (20,166 SF)
Zoning code
PAM1*
APN
6268-032-009
UPID
US09-8572904
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
-
Extrude Hone AFM Mill Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.96M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$3.59M
Owner & transaction history
Latifeh Nourouzi Mahdavi · 4 yrs held
Latifeh Nourouzi Mahdavi
since 2022
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
PAM1* · Paramount, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.9M
+163.0%
Neighborhood: shopping center
$4.6M
+145.8%
Auto repair, garage
$3.5M
+86.8%
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
$4,290,000
ML approach
$3,960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,885,000
Change: +163% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,565,000
Change: +146% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,470,000
Change: +87% · Conversion: Easy
MEDICAL BUILDING
$3,410,000
Change: +84% · Conversion: Difficult
OFFICE BUILDING
$3,365,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$2,875,000
Change: +55% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,315,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$3.59M
Range $3.23M – $3.95M · ±10% · vs last sale $3.55M (Apr 26 2022)
Last sale anchor
$3.55M
Apr 26 2022
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
$479 / 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
$18,427
Tax year 2024
Assessed value
$1,338,619
Assessed 2024
Previous assessed
$1,338,619
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$892,413
Assessed improvement
$446,206
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
7,500 SF
Lot
0.46 ac (20,166 SF)
Zoning code
PAM1*
APN
6268-032-009
UPID
US09-8572904
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PAM1* · Paramount, CA
Zoning PAM1* · permitted uses
PAM1* · Paramount, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paramount. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.4M
OFFICE BUILDING
Est. value
$3.4M
RETAIL STORES
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Latifeh Nourouzi Mahdavi
Individual
Mailing address
8800 S SOMERSET BLVD, PARAMOUNT, CA 90723-4659
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2022
$3,550,000
Latifeh Nourouzi Mahdavi
Lakewood Paramount LLC
Grant Deed
—
Nov 6, 2017
—
M6 Industries LLC
—
Deed
related
$600,000 · Wells Fargo Bk
Oct 10, 2017
$1,200,000
M6 Industries LLC
Melendez Industries LLC
Grant Deed
$600,000 · Wells Fargo Bank NA
Oct 30, 2014
—
Melendez Industries LLC
Melendez Industries LLC
Intrafamily Transfer
related
$1,815,000 · Wells Fargo Bank NA
Jun 23, 2006
$760,500
Melendez Industries LLC
Extrude Hone Deburring Svc INC
Grant Deed
$2,350,000 · Symetra Life Insurance Co
—
—
Hone Deb Extrude
—
Deed Of Trust
related
$456,000 · First State Bank Southern Ca
—
—
Extrude Home Deburring Svc INC
—
Deed Of Trust
related
$199,000 · Us Bank NA
—
—
M6 Industries LLC
—
Deed Of Trust
related
$600,000 · Wells Fargo Bk
—
—
Extrude Home Deburring Svc INC
—
Deed Of Trust
related
$101,000 · Us Bank NA
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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