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    Property profile & analytics

    5507 Vermont Ave Los Angeles, CA 90037

    • Retail properties
    • 4,745 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 5507 Vermont Ave

    Year built
    1925
    Lot size
    0.37 lot acres
    Property size
    4,745 SF
    Property type
    Retail properties

    Description

    Plaza 55, located at 5507 S Vermont Ave, Los Angeles, CA 90037, presents a unique opportunity in the Vermont Corridor submarket. This 4,745 square foot, two-story building, constructed in 1925, offers six suites for lease, with three currently available. Suite sizes range from 722 to 1,130 square feet, providing flexibility for various retail businesses. The property sits on a 0.37-acre lot and includes 10 parking spaces for customer and tenant convenience. Utilities are serviced by DWP. One available space features desirable amenities including a refrigeration unit, bathroom, sinks, and display cabinet, ideal for food service or retail businesses requiring specialized equipment. The property is zoned LAC2 and has an APN of 5002022028. Its location on the corner of 55th Street and Vermont Avenue offers excellent visibility and accessibility. This is an exceptional opportunity to establish a presence in a thriving Los Angeles neighborhood. The building's history and character provide a unique setting for a variety of businesses. Interested parties should inquire about available suite sizes and lease terms.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.292
    Latitude
    33.9921

    Comparable in this City

    • Value Estimation
      $285,000
      4,730 SF

      4610 Vermont Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,730 SF
      4610 Vermont Ave, Los Angeles, CA 90037-2926
      View Details
    • Value Estimation
      $260,000
      488 SF

      4175 Broadway

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 488 SF
      4175 Broadway, Los Angeles, CA 90037-2234
      View Details
    • Value Estimation
      $295,000
      4,862 SF

      4272 Main St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,862 SF
      4272 Main St, Los Angeles, CA 90037-2211
      View Details
    • Value Estimation
      $315,000
      6,500 SF

      4905 Figueroa St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 6,500 SF
      4905 Figueroa St, Los Angeles, CA 90037-3343
      View Details
    • Value Estimation
      $395,000
      7,720 SF

      4051 Broadway

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 7,720 SF
      4051 Broadway, Los Angeles, CA 90037-1030
      View Details
    • Value Estimation
      $290,000
      3,401 SF

      4922 Figueroa St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,401 SF
      4922 Figueroa St, Los Angeles, CA 90037-3344
      View Details

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    5507 Vermont Ave
    Los Angeles, CA 90037
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    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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