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Property profile & analytics
OFF-MARKET
Estimated value
$32,045,000
Super regional malls
9020 Tampa Ave, Northridge, CA 91324
Individually Owned
30-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8450214
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1995
Construction
WOOD
Total area
118,563 SF
Lot
9.37 ac (408,269 SF)
Zoning code
LAC2
APN
2784-001-024
UPID
US09-8450214
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
$43.24M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$32.05M
Owner & transaction history
Gwp-northridge Grove Shop · 30 yrs held
Gwp-northridge Grove Shop
since 1996
7 recorded transactions
Zoning & alternative use
LAC2 · 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%
$46,840,000
6.5%
$43,240,000
7%
$40,150,000
Blend value · Realmo final
$32.05M
Range $28.84M – $35.25M · ±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
$270 / 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
$481,067
Tax year 2024
Assessed value
$37,352,290
Assessed 2024
Previous assessed
$37,352,290
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$13,264,758
Assessed improvement
$24,087,532
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Total area
118,563 SF
Lot
9.37 ac (408,269 SF)
Zoning code
LAC2
APN
2784-001-024
UPID
US09-8450214
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Northridge, CA
Zoning LAC2 · permitted uses
LAC2 · 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
1995
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
9.37 ac
Current owner
From public records · entity-resolved
Gwp-northridge Grove Shop
Individual
Free & Clear · 30 yrs held
Mailing address
9200 W SUNSET BLVD PH #9, LOS ANGELES, CA 90069-3607
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1996
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
Oct 3, 2022
—
Gwp Northridge Grove Shopping Cente
—
Deed
related
—
Apr 9, 1996
—
Gwp-northridge Grove Shop
Pashaie,& Shooshani
Trustees Deed
related
—
Apr 26, 1990
—
Nrd
—
Deed Of Trust
related
—
Jun 21, 1989
—
Grove Ass Walnut
—
Grant Deed
related
$5,500,000 · Old Stone Bank
—
—
Pashaie
—
Deed Of Trust
related
$18,500,000 · Allstate Life Insurance Co
—
—
La Salsa Holding Co
—
Deed Of Trust
related
$1,000,000 · Foothill Capital
—
—
Gwp-northridge Grove Shopping
—
Deed Of Trust
related
$500,000 · Wachovia Bank NA
—
—
Gwp-northidge Grove Shopping
—
Deed Of Trust
related
$1,225,000 · Us Small Business Admn
—
—
Golden West Properties
—
Deed Of Trust
related
$18,850,000 · Allstate Life Insurance 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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