Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    7407 Beverly Blvd Los Angeles, CA 90036-2724

    • Investment properties
    • 4,695 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7517242
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Randy Esada's Thrive Decor / Antique Store
    • Thrive Decor / Furniture Store / Home Goods Store
    • E90210 / Wholesaler

    Property Details for 7407 Beverly Blvd

    Year built
    1937
    Construction
    TILT-UP CONCRETE
    Lot size
    0.10 lot acres
    Property size
    4,695 SF
    Zone code
    LAC2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    5526-038-013
    APU
    5526038013

    Description

    This exceptional 2,875 square foot retail space is ideally situated on Beverly Boulevard in the vibrant Beverly Grove Trade District of Los Angeles, California. The property offers a single-tenant occupancy, providing a unique opportunity for a business seeking a high-visibility location. With 2,875 square feet of vacant space, the property presents a blank canvas for a wide range of retail concepts. The building is located in Los Angeles County, zip code 90036, and boasts convenient access for customers and employees alike. Ample parking is available with six designated spaces. The property's prime location within the bustling Beverly Grove Trade District ensures high foot traffic and excellent visibility, making it an attractive proposition for businesses seeking a strong presence in a thriving commercial area. This single-tenant retail space presents a rare opportunity to establish a successful business in a highly desirable and well-established commercial district. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. The address is 7407 Beverly Blvd, Los Angeles, CA 90036. This is a fantastic opportunity for a business looking to establish a strong foothold in a prime Los Angeles location. The property's size and location make it suitable for a variety of retail uses.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.351
    Latitude
    34.0764
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $50,479
    $3,349,472
    $803,866
    $4,153,338
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,676 SF

      314 La Brea Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,676 SF
      314 La Brea Ave, Los Angeles, CA 90036-2518
      View Details
    • Value Estimation by Request
      10,111 SF

      600 La Brea Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 10,111 SF
      600 La Brea Ave, Los Angeles, CA 90036-5839
      View Details
    • Value Estimation by Request
      11,204 SF

      624 La Brea Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 11,204 SF
      624 La Brea Ave, Los Angeles, CA 90036
      View Details
    • Value Estimation by Request
      6,248 SF

      153 La Brea Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6,248 SF
      153 La Brea Ave, Los Angeles, CA 90036-2909
      View Details
    • Value Estimation
      $1,945,000
      3,074 SF

      5862 3rd St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,074 SF
      5862 3rd St, Los Angeles, CA 90036-2837
      View Details
    • Value Estimation by Request
      16,282 SF

      827 La Brea Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 16,282 SF
      827 La Brea Ave, Los Angeles, CA 90036
      View Details

    Similar Nearby for Sale

    • $1,899,000
      4,112 SF

      Fairfax District Triplex Investment Opportunity

      Well-maintained triplex in prime location with development potential.
      461 N Vista St, Los Angeles, CA 90036
      View Details
    • $999,000
      1,150 SF

      Modern Penthouse with City Views

      Luxurious penthouse with modern design, city views, and convenient location.
      600 S Ridgeley Dr, Los Angeles, CA 90036
      View Details
    • $2,795,000
      5 SF

      Miracle Mile Spanish Colonial Duplex

      Charming, remodeled duplex in Miracle Mile with modern amenities.
      203 South Detroit St, Los Angeles, CA 90036
      View Details
    • $1,750,000

      Los Angeles Specialty Property For Sale

      Specialty property available for purchase in Los Angeles, CA.
      346 N Spaulding Ave, Los Angeles, CA 90036
      View Details
    • $1,995,000

      Los Angeles Specialty Property Available

      Specialty property for sale in Los Angeles, California.
      357 N Curson Ave, Los Angeles, CA 90036
      View Details
    • $2,599,000

      Los Angeles Specialty Property Available

      Specialty property for sale in Los Angeles, California.
      351 N Spaulding Ave, Los Angeles, CA 90036
      View Details

    Similar Nearby for Lease

    • $42 SF/Yr
      60,000 SF

      Wilshire Blvd Retail Spaces Available

      Prime Los Angeles retail space, multiple suites.
      5410 Wilshire Blvd, Los Angeles, CA 90036
      View Details
    • $33 SF/Yr
      14,335 SF

      Miracle Mile Office Sublease Opportunity

      14,335 SF Office Space Available
      5900 Wilshire Blvd, Los Angeles, CA 90036
      View Details
    • Contact for pricing
      465,972 SF

      Creative Office Space Sublease

      Sublease opportunity in Wilshire Courtyard West, Miracle Mile.
      5750 Wilshire Blvd, Los Angeles, CA 90036
      View Details
    • Contact for pricing
      16,690 SF

      Retail Space on Wilshire Boulevard

      Retail space available for lease on Wilshire Boulevard.
      5575 Wilshire Blvd, Los Angeles, CA 90036
      View Details
    • Contact for pricing

      Beverly Boulevard Retail Center

      Fully leased retail center on Beverly Boulevard.
      7221-7225 Beverly Blvd, Los Angeles, CA 90036
      View Details
    • $4 SF/Yr
      2,365 SF

      Retail Space on Beverly Blvd

      First floor retail space available for rent in Los Angeles.
      7350-7358 Beverly Blvd, Los Angeles, CA 90036
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7407 Beverly Blvd
    Los Angeles, CA 90036-2724
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.