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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Turn key restaurants
11227 Broadway Los Angeles, CA 90061-1970
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8504766
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1966
Construction
WOOD
Total area
3,607 SF
Lot
0.14 ac (6,237 SF)
Zoning code
LAR3
APN
6074-024-012
UPID
US09-8504766
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
-
Dis N Dat (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$618k
Blend (final)
Blend
$700k
Owner & transaction history
11227 Broadway LLC · 2 yrs held
11227 Broadway LLC
since 2023
Last sale
$700,007
7 recorded transactions
Zoning & alternative use
LAR3 · 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
$695,000
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Oct 6 2023)
Last sale anchor
$700k
Oct 6 2023
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
$194 / 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
$10,496
Tax year 2024
Assessed value
$700,000
Assessed 2024
Previous assessed
$700,000
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$500,000
Assessed improvement
$200,000
Applied tax rate
6.0000
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
1966
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
3,607 SF
Lot
0.14 ac (6,237 SF)
Zoning code
LAR3
APN
6074-024-012
UPID
US09-8504766
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Los Angeles, CA
Zoning LAR3 · permitted uses
LAR3 · 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
1966
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
11227 Broadway LLC
Entity
Mailing address
1401 WESTWOOD BLVD STE #300, LOS ANGELES, CA 90024-4964
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2023
$700,000
11227 Broadway LLC
Donel Investments LLC
Grant Deed
—
Sep 15, 2022
$383,937
Donel Investments LLC
Broadway Hk LLC
Trustees Deed
related
—
Jul 9, 2019
$400,000
Broadway Hk LLC
Alpine Commercial Group LLC
Grant Deed
$320,000 · Alpine Commercial Group LLC
Mar 9, 2018
—
Alpine Commercial Group LLC
—
Deed
related
$280,000 · Seaton Trust (pt)
Mar 16, 2017
$350,000
Alpine Commercial Group LLC
11227 Broadway Properties LLC
Grant Deed
$250,000 · Miller Marilyn S Trust (pt)
Sep 1, 2016
—
11227 Broadway Properties LLC
—
Deed
related
$250,000 · Miller Marilyn S Trust
Jan 13, 2015
$380,000
11227 Broadway Properties LLC
Aim United LLC
Grant Deed
—
Dec 19, 2014
$310,000
Aim United LLC
Quality Loan Service Corp|argumedo,ana R
Trustees Deed
related
—
May 2, 2014
$83,145
Commercial Fndg Corp
S B S Trust Deed Network
Trustees Deed
related
—
Sep 8, 2006
$515,000
Ana R Argumedo
2515 Slauson LLC
Grant Deed
$334,750 · Interbay Funding LLC
Apr 1, 2004
—
2515 Slauson LLC
Lpp Mortgage Ltd
Grant Deed
related
—
Jan 22, 2004
$232,486
Lpp Mortgage Ltd
Beard,david L
Trustees Deed
related
—
—
—
Dav L Beard
—
Deed Of Trust
related
$78,000 · Countrywide Thrift & Loan
—
—
Dav L Beard
—
Deed Of Trust
related
$90,816 · Gen Leasing
—
—
Aim United LLC
—
Deed Of Trust
related
$248,000 · Anchor Lns
—
—
11227 Broadway Properties LLC
—
Deed Of Trust
related
$250,000 · Miller Marilyn S Trust
—
—
Alpine Commercial Group LLC
—
Deed Of Trust
related
$280,000 · Seaton Trust (pt)
—
—
2515 Slauson LLC
—
Deed Of Trust
related
$250,000 · Valencia Bargain LLC
—
—
David L Beard
—
Deed Of Trust
related
$168,000 · Mechanics National Bank
—
—
Dav L Beard
—
Deed Of Trust
related
$6,900 · Small Business Associates
—
—
David L Beard
—
Deed Of Trust
related
$62,600 · Us Small Business Admn
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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