Realmo Analytics

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Property profile

3504 Olympic Blvd Los Angeles, CA 90023

OFF-MARKET
Other warehouses
Property ID
US09-8307262
13,013 SF 0.22 ac lot Built 1956
Last sale Sep 2023 · $3,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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

3504 E Olympic is a 13,013 sq. ft. showroom, office, and warehouse building constructed in 1956, including a second floor that accounts for approximately 32% of the total building area. The property is configured to be sold or closed in conjunction with the adjacent parcel at 3501 E Pico Blvd, which includes a two-story 5,400 sq. ft. building built in 1950, an open storage yard, and an auxiliary building on a 9,559 sq. ft. parcel. Taken together, the two lots provide frontage on three sides…

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?
$22k
Tax billed · 2024
Assessed value$1.72M
Assessed land$963k
Assessed improvement$753k
Effective rate1.29%

Value estimate

· Oct 2026
$3.01M
$2.70M – $3.31M
AI approach$2.93M
CAP approach$3.02M
Submarket $/SF estimate$3.10M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$232/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$112 – $313
Qualifying comparables8

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?
LAM2
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm24.4
Realty agency24.2
Parking Facility12.2

Location

3504 Olympic Blvd Los Angeles, CA 90023-3924
County assessor Recorded deeds · 11 transfers 8 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1555 Los Palos, Los Angeles, CA 90023-3218 $4,000,000 Jul 2025 25,080 SF
3534 14th, Los Angeles, CA 90023-3902 $1,389,000 May 2025 7,568 SF
3450 Pico, Los Angeles, CA 90023 $70,000 Nov 2024 7,100 SF
3463 Pico, Los Angeles, CA 90023 $100,000 Nov 2024 25,827 SF
3447 15th, Los Angeles, CA 90023 $890,000 Nov 2024 27,772 SF
2853 11th, Los Angeles, CA 90023-3405 $675,000 Nov 2024 5,000 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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