120 131st St Los Angeles, CA 90061-1616
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Estimated value (blended)
$2.20M
Range $1.98M – $2.41M (±10%)
Property ID
US09-6683308
Property summary
AI-generated overview
This exceptional 10,000-square-foot property, located at 120 W 131st St, Los Angeles, CA 90061, presents a unique opportunity for a single tenant. Situated on a 0.44-acre lot (19,013 square feet), this building offers a blend of office and warehouse space, ideal for businesses requiring both functionalities. Built in 1960, the property boasts a 15-foot ceiling height, providing ample vertical space for storage or specialized equipment. The warehouse component features two dock-high doors for efficient loading and unloading. Parking is readily available with 15 spaces on-site. The property is zoned M-1-IP, allowing for a variety of industrial and manufacturing uses. The cross streets are S Main St and W 131st St, providing convenient access to major transportation routes. The entire 10,000 square feet is currently vacant and ready for immediate occupancy. The property's APN is 6132041010. This is a single-tenant property offering significant space and functionality in a desirable Los Angeles location.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1960
Construction
TILT-UP CONCRETE
Total area
9,984 SF
Lot
0.44 ac (19,014 SF)
Zoning code
LCM1*
APN
6132-041-010
UPID
US09-6683308
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.91M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.20M
Owner & transaction history
since 2025
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
LCM1* · Los Angeles, CA
Top alternative use upside
Commercial (general)
$3.0M
+5.9%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 15 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.20M
Value range
$1.98M – $2.41M
±10% around blend
Estimated value / SF
$220 / SF
Confidence
High
15 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$1.98M
blend $2.20M
$2.41M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,984 SF
Lot area
0.44 ac
Year built
1960
Stories
1
APN
6132-041-010
Assessed value
$2,573,281
Annual tax
$33,158
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.91M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.07M
@ 6.5% CAP return
$1.91M
@ 7% CAP return
$1.77M
4
Sales comparison
Partial preview
Sales approach indication
$2.79M
Weighted, 15 comps · high confidence
Evidence
15 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.8 mi away · 7,734 SF
5.2 mi away · 12,930 SF
6.0 mi away · 11,290 SF
6.5 mi away · 7,174 SF
6.5 mi away · 7,762 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.20M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 933 sales
$283
-22%
County 3630 sales
$272
-19%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $220/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+6%
vs current-use indication
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 15 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.75M
Move the market yield to see immediate price impact.
Value / SF
$275
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$173k
$3.47M
$2.47M
$1.93M
$193k
$3.85M
$2.75M
$2.14M
$212k
$4.24M
$3.02M
$2.35M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
15 found
High confidence · county-verified
Closest comparable
$1.25M
0.4 mi · Oct 2025 · $125/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$33,158
Tax year 2024
Assessed value
$2,573,281
Assessed 2024
Previous assessed
$2,573,281
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,501,081
Assessed improvement
$1,072,200
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
9,984 SF
Lot
0.44 ac (19,014 SF)
Zoning code
LCM1*
APN
6132-041-010
UPID
US09-6683308
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCM1* · Los Angeles, CAZoning LCM1* · permitted uses
LCM1* · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.44 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LCM1*
Jurisdiction
Los Angeles, CA
Recorded code
LCM1*
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LCM1* in Los Angeles, CA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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