New search
Property profile & analytics
FOR SALE
Investment properties
11714 W Pico Blvd, Los Angeles, CA 90064
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7075244
For Sale
$2,999,000
11714 W Pico Blvd, Los Angeles, CA 90064
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1963
Construction
WOOD
Total area
9,200 SF
Lot
0.13 ac (5,495 SF)
Zoning code
LAC2
APN
4260-030-017
UPID
US09-7075244
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
$2.60M
CAP Approach
CAP
$2.87M
Comparable Approach
Comparable
$3.37M
Blend (final)
Blend
$2.60M
Owner & transaction history
Apsec Real Estate Investments INC · 2 yrs held
Apsec Real Estate Investments INC
since 2024
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.2M
+52.1%
Neighborhood: shopping center
$3.9M
+41.4%
Apartment house (5+ units)
$3.0M
+10.1%
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
$2,600,000
ML approach
$2,600,000
CAP Approach
CAP Return
Estimation
6%
$3,105,000
6.5%
$2,865,000
7%
$2,660,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,755,000
Current use
MEDICAL BUILDING
$4,190,000
Change: +52% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,895,000
Change: +41% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,035,000
Change: +10% · Conversion: Moderate
Blend value · Realmo final
$2.60M
Range $2.34M – $2.86M · ±10% · vs last sale $2.60M (Mar 29 2024)
Last sale anchor
$2.60M
Mar 29 2024
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
$283 / 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
$56,246
Tax year 2024
Assessed value
$4,600,000
Assessed 2024
Previous assessed
$4,600,000
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$3,220,000
Assessed improvement
$1,380,000
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
STORE/OFFICE (MIXED USE)
Status
For Sale
Year built
1963
Construction
WOOD
Heating
NONE
Stories
1
Total area
9,200 SF
Lot
0.13 ac (5,495 SF)
Zoning code
LAC2
APN
4260-030-017
UPID
US09-7075244
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1963
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Apsec Real Estate Investments INC
Entity
Mailing address
700 S FLOWER ST STE #850, LOS ANGELES, CA 90017-4121
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
—
Apsec Real Estate Investments
—
Deed
related
$1,500,000 · Open Bank
Jun 13, 2025
—
Apsec Real Estate Investments INC
—
Deed
related
$10,000,000 · Open Bank
Aug 13, 2024
—
Apsec Real Estate Investments INC
—
Deed
related
$10,000 · Hanmi Bank
Mar 29, 2024
$2,600,000
Apsec Real Estate Investments INC
Pcb Bank
Grant Deed
—
Nov 21, 2023
$2,674,678
Pcb Bank
Makini LLC
Trustees Deed
related
—
Sep 23, 2021
—
Makini LLC
—
Deed
related
$2,000,000 · Waterfall Bridge Capital LLC
Sep 17, 2018
—
Makini LLC
—
Deed
related
$1,300,000 · Pico Bloomfield Holding Co LLC
Oct 3, 2016
$3,300,000
Makini LLC
Adm Properties LP
Grant Deed
$2,960,000 · Pacific City Bank
Jan 8, 2004
—
Adrienne Michael
Burke,adrienne C
Quit Claim Deed
related
—
Nov 22, 1996
—
Alan Kummer
—
Grant Deed
related
$42,500 · National Bedding Co
May 4, 1972
—
—
—
Grant Deed
related
—
—
—
Makini LLC
—
Deed Of Trust
related
$1,300,000 · Pico Bloomfield Holding Co LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
