Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1108 76th Pl Los Angeles, CA 90001
    Back to Search
    Property profile & analytics

    1108 76th Pl, Los Angeles, CA 90001

    View on Map
    • Grocery and convenience stores
    • 1,344 SF
    • 0.09 lot acres
    Off-Market
    Property ID
    US09-8709634
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 1108 76th Pl

    Year built
    1987
    Construction
    TILT-UP CONCRETE
    Lot size
    0.09 lot acres
    Zone code
    LCC3*
    Property type
    Grocery and convenience stores
    APN
    6024-011-036
    APU
    6024011036

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 4, 2025 — Abel And Maria Jimenez Living Trust Abel Jimenez Deed · related —
    Oct 1, 2001 $17,000 Abel Jimenez Harris,alice Grant Deed · related —
    Jun 30, 1994 $10,000 Harris,alice Carellick,jerry Trustees Deed —
    Jun 30, 1994 — Alice Harris Harris,a Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.256
    Latitude
    33.9706
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,269
    $86,888
    $86,888
    $173,776
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,840 SF

      754 Florence Ave

      GROCERY, SUPERMARKET
      754 Florence Ave, Los Angeles, CA 90001-2322
      View Details
    • Value Estimation
      $4,575,000
      71,235 SF

      7316 Compton Ave

      GROCERY, SUPERMARKET
      7316 Compton Ave, Los Angeles, CA 90001-2532
      View Details
    • Value Estimation by Request
      4,518 SF

      7223 Compton Ave

      GROCERY, SUPERMARKET
      7223 Compton Ave, Los Angeles, CA 90001-2529
      View Details
    • Value Estimation
      $1,660,000
      9,908 SF

      7223 Compton Ave

      GROCERY, SUPERMARKET
      7223 Compton Ave, Los Angeles, CA 90001-2529
      View Details
    • Value Estimation
      $595,000
      17,239 SF

      5829 Compton Ave

      GROCERY, SUPERMARKET
      5829 Compton Ave, Los Angeles, CA 90001-1307
      View Details
    • Value Estimation
      $925,000
      4,811 SF

      7420 Central Ave

      RETAIL STORES (PERSONAL SERVICES)
      7420 Central Ave, Los Angeles, CA 90001-2425
      View Details

    Similar Nearby for Sale

    • $949,000
      3,347 SF

      Mixed-Use Income Property, Los Angeles

      Mixed-use property with commercial and residential units on corner lot.
      6525 Holmes Ave, Los Angeles, CA 90001
      View Details
    • $525,000
      2,080 SF

      Mixed-Use Property in Los Angeles

      Mixed-use property with commercial and residential units, development opportunity.
      7019 Compton Ave, Los Angeles, CA 90001
      View Details
    • $2,400,000

      Four-Tenant Commercial Building on Wilmington

      Four-tenant commercial building with upside potential in future income.
      6009 Wilmington Ave, Los Angeles, CA 90001
      View Details
    • $650,000
      1,192 SF

      Mixed-Use Property in Los Angeles

      Mixed-use property with commercial building and residential home in Los Angeles.
      7421 Compton Ave, Los Angeles, CA 90001
      View Details
    • Contact for pricing
      16,920 SF

      Corner Lot Commercial Property

      Fenced and paved commercial lot, leased through May 2027.
      7001-7013 Compton Ave, Los Angeles, CA 90001
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,190 SF

      Two-Story Office/Manufacturing Building For Rent

      Two-story office and garment manufacturing building with showroom and parking.
      2031 E 65Th St, Los Angeles, CA 90001
      View Details
    • Contact for pricing

      Versatile Commercial Space for Rent

      Flexible commercial space suitable for various business operations.
      1954 E 64Th St, Los Angeles, CA 90001
      View Details
    • Contact for pricing

      Venice Retail Space Sublease

      2,777 SF retail space available for sublease in Venice.
      1103 Abbot Kinney Blvd, Venice, CA 90001
      View Details
    • Contact for pricing
      Pending

      Retail Space on Florence Avenue

      Renovated retail space with high foot and auto traffic.
      1627 E Florence Ave, Los Angeles, CA 90001
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1108 76th Pl
    Los Angeles, CA 90001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1108 76th Pl, Los Angeles, CA, 90001
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!