Realmo Analytics

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Property profile

2403 1st St Los Angeles, CA 90033

OFF-MARKET
Retail space
Property ID
US09-7438675
5,572 SF 0.2 ac lot Built 1924
Last sale Aug 2024 · $1,610,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This corner commercial property located at 2403 1ST Street, Los Angeles, CA 90033 includes an auto body business, a salon, and two additional retail spaces that are vacant; one of the vacant units was previously used as a check-cashing store, and the other is configured as a former restaurant space. The building is arranged as a multi-tenant corner asset with a mix of occupied and vacant retail/commercial spaces.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$333k
Assessed land$163k
Assessed improvement$170k
Effective rate1.56%

Value estimate

· Oct 2026
$1.61M
$1.45M – $1.77M
AI approach$1.61M
CAP approach$1.99M
Submarket $/SF estimate$1.09M

Realmo valuation models over county records and 32 qualifying comparable sales.

Recently sold

What actually traded nearby?
$411/SF
Submarket average, outlier-cleaned · 1199 recorded sales of this use type
Observed band · Q1–Q3$195 – $682
Qualifying comparables32

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LAC2
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency42.8
Law Firm41.0
Gym & Fitness12.4

Location

2403 1st St Los Angeles, CA 90033-3501
County assessor Recorded deeds · 7 transfers 32 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2842 Wabash, Los Angeles, CA 90033 $1,400,000 Nov 2022 4,469 SF
1383 Murchison, Los Angeles, CA 90033-1453 $2,000,020 Jun 2022 4,738 SF
2707 Lancaster, Los Angeles, CA 90033-1518 $1,100,011 Feb 2021 4,920 SF
808 State, Los Angeles, CA 90033-1781 $535,000 Jul 2020 4,297 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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