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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Investment properties
1050 Hicks Ave Los Angeles, CA 90063-2752
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-8643025
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1925
Construction
WOOD
Total area
3,075 SF
Lot
0.13 ac (5,617 SF)
Zoning code
LCC2*
APN
5229-022-010
UPID
US09-8643025
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$744k
Blend (final)
Blend
$280k
Owner & transaction history
Salvador Tejeda · 8 yrs held
Salvador Tejeda
since 2018
7 recorded transactions
Zoning & alternative use
LCC2* · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$860,000
+20.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$710,000
Current use
WAREHOUSE, STORAGE
$860,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$280k
Range $252k – $308k · ±10%
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
$91 / 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
$8,699
Tax year 2024
Assessed value
$544,926
Assessed 2024
Previous assessed
$544,926
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$321,825
Assessed improvement
$223,101
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1925
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Units
3
Bathrooms
3
Total area
3,075 SF
Lot
0.13 ac (5,617 SF)
Zoning code
LCC2*
APN
5229-022-010
UPID
US09-8643025
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC2* · Los Angeles, CAZoning LCC2* · permitted uses
LCC2* · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$710,000
WAREHOUSE, STORAGE
Est. value
$860,000
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1925
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Bathrooms
3
Lot
0.13 ac
Current owner
From public records · entity-resolved
Salvador Tejeda
Individual
Mailing address
1050 N HICKS AVE, LOS ANGELES, CA 90063-2752
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2018
—
Salvador Tejeda
Tejeda,martha B
Quit Claim Deed
related
—
Apr 10, 2018
$488,500
Salvador Tejeda
Salvador Tejeda
Grant Deed
related
$280,000 · Cornerstone Trust
Feb 11, 2014
—
Fidel Tejeda
—
Trustees Deed
related
$16,200 · Approved Cash Advance
Feb 3, 2014
—
Fidel Tejeda
—
Trustees Deed
related
$9,600 · Approved Cash Advance
Nov 4, 2004
—
Francisco Tejeda
—
Trustees Deed
related
$150,000 · Merchants Bank Of California
Jun 28, 1994
$140,000
Francisco Tejeda
Hernandez,jesus
Grant Deed
$104,750 · Seller
—
—
Fidel Tejeda
—
Deed Of Trust
related
$9,900 · Approved Inheritance Cash INC
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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