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Property profile & analytics
OFF-MARKET
Estimated value
$2,170,000
Turn key restaurants
1000 Boyle Ave Los Angeles, CA 90023-1209
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7908585
Property summary
AI-generated overview
This exceptional 11,300 square foot lot, located at 1000 S Boyle Ave, Los Angeles, CA 90023, presents a unique opportunity for affordable housing development. The property boasts a 3,640 square foot building, formerly used as an auto repair facility, featuring a bow truss brick structure. The land is priced at $247.78 per square foot, with an asking price of $2,800,000. The site benefits from a highly desirable location at the southeast corner of Boyle Avenue and 7th Street, just half a mile east of the LA River and Arts District, and adjacent to the 6th and 7th Street bridges. Enjoy stunning views of the Downtown Los Angeles skyline. The property includes 20 parking spaces and is zoned LA C2-1. With a Walk Score of 85 and a Transit Score of 63, this location offers excellent accessibility. The existing building features 200A/220V/3-phase power. APN: 5189-005-034
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1945
Construction
WOOD
Total area
1,800 SF
Lot
0.17 ac (7,244 SF)
Zoning code
LAC2
APN
5189-005-034
UPID
US09-7908585
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
Current use
Occupant on record · Public records
-
B & F Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.51M
Blend (final)
Blend
$2.17M
Owner & transaction history
1000 S Boyle LLC · 4 yrs held
1000 S Boyle LLC
since 2022
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, 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 Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles 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
$2,195,000
ML approach
$2,085,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.17M
Range $1.95M – $2.39M · ±10% · vs last sale $2.20M (Feb 23 2022)
Last sale anchor
$2.20M
Feb 23 2022
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
$1,206 / 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
$21,809
Tax year 2024
Assessed value
$1,768,680
Assessed 2024
Previous assessed
$1,768,680
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,768,680
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1945
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,800 SF
Lot
0.17 ac (7,244 SF)
Zoning code
LAC2
APN
5189-005-034
UPID
US09-7908585
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning LAC2 · permitted uses
LAC2 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1945
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
1000 S Boyle LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1155 S BOYLE AVE, LOS ANGELES, CA 90023-2109
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2022
$2,200,000
1000 S Boyle LLC
Delatorre Restaurant Group LLC
Grant Deed
—
Jan 23, 2015
$1,270,000
Delatorre Restaurant Group LLC
Bertone Daniel P Trust
Grant Deed
$1,000,000 · Bertone Daniel P Trust (pt)
Jan 23, 2015
—
Daniel P Bertone
Bertone,julie
Quit Claim Deed
related
—
Apr 4, 2006
—
Bertone Daniel P Trust
Bertone,daniel P
Quit Claim Deed
related
—
Mar 19, 2004
—
Daniel P Bertone
Bertone,judith A Tr
Quit Claim Deed
related
—
Nov 8, 1994
—
Mark L Bertone
Bertone,p
Quit Claim Deed
related
—
Dec 21, 1989
—
Lb Unified Schoo
Ellio
Quit Claim Deed
related
—
—
—
Mark L Bertone
—
Deed Of Trust
related
$50,100 · Beneficial Mortgage 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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