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Property profile & analytics
OFF-MARKET
Estimated value
$4,235,000
Outlet malls
118 12th St Los Angeles, CA 90015
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0456372
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1947
Construction
TILT-UP CONCRETE
Total area
20,430 SF
Lot
0.59 ac (25,825 SF)
Zoning code
LAM2
APN
5139-027-015
UPID
US10-0456372
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
$4.76M
Blend (final)
Blend
$4.24M
Owner & transaction history
1201 S La Ca LLC · 1 yrs held
1201 S La Ca LLC
since 2025
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
LAM2 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.24M
Range $3.81M – $4.66M · ±10% · vs last sale $4.18M (Nov 28 2024)
Last sale anchor
$4.18M
Nov 28 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
$207 / 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
$144,090
Tax year 2024
Assessed value
$10,990,068
Assessed 2024
Previous assessed
$10,990,068
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$10,453,969
Assessed improvement
$536,099
Applied tax rate
13.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
20,430 SF
Lot
0.59 ac (25,825 SF)
Zoning code
LAM2
APN
5139-027-015
UPID
US10-0456372
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM2 · Los Angeles, CA
Zoning LAM2 · permitted uses
LAM2 · 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
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
1201 S La Ca LLC
Entity
Mailing address
8271 MELROSE AVE STE #200, LOS ANGELES, CA 90046-6826
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
$4,180,000
1201 S La Ca LLC
E On Los Angeles LLC
Grant Deed
$3,500,000 · E On Los Angeles LLC
Oct 8, 2021
—
E On Los Angeles LLC
—
Deed
related
$4,000,000 · Commonwealth Business Bank
Sep 4, 2019
$10,250,000
E On Los Angeles LLC
1201 S Los Angeles Prop LLC
Grant Deed
$5,125,000 · Calprivate Bk
Sep 2, 2016
—
1201 South Los Angeles Property LLC
—
Deed
related
$2,500,000 · Hanmi Bank
Aug 11, 2010
—
1201 South Los Angeles Prop Ll
—
Deed Of Trust
related
$5,250,000 · Wilshire State Bank
Nov 19, 2009
—
1201 South Los Angeles Prop Ll
—
Deed Of Trust
related
$8,000,000 · Saehan Bank
Jul 30, 2009
—
1201 South Los Angeles Prop Ll
1201 South Los Angeles Prop Ll
Quit Claim Deed
related
$3,200,000 · United Commercial Bank
Aug 1, 2008
—
1201 South Los Angeles Prop Ll
Pak,chung H & Soon H
Quit Claim Deed
related
—
Jul 1, 2008
—
Chung H Pak
—
Deed Of Trust
related
$8,000,000 · Saehan Bank
Mar 31, 1997
—
Chung H Pak
—
Deed Of Trust
related
$1,380,000 · California Cho Hung Bank
—
—
Chung H Pak
—
Deed Of Trust
related
$2,000,000 · United Commercial Bank
—
—
1201 S Los Angeles Proper Ll
—
Deed Of Trust
related
$1,325,000 · Saehan Bank
—
—
Chung H Pak
—
Deed Of Trust
related
$600,000 · United Commercial Bank
—
—
1201 South Los Angeles Prop Ll
—
Deed Of Trust
related
—
—
—
1201 South Losangeles Prop Ll
—
Deed Of Trust
related
—
—
—
Chung H Pak
—
Deed Of Trust
related
$500,000 · Hanmi Bank
—
—
Chung H Pak
—
Deed Of Trust
related
$700,000 · Wilshire State Bank
—
—
1201 South Los Angeles Prop Ll
—
Deed Of Trust
related
$1,971,000 · Wilshire State Bank
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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