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Property profile & analytics
OFF-MARKET
Estimated value
$1,600,000
Retail space
1209 Pacific Ave, San Pedro, CA 90731-4105
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-8052373
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
TILT-UP CONCRETE
Total area
4,860 SF
Lot
0.21 ac (9,003 SF)
Zoning code
LAC2
APN
7454-020-018
UPID
US09-8052373
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
$1.66M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.60M
Owner & transaction history
Studio Harbor LLC
Studio Harbor LLC
since 2025
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
LAC2 · San Pedro, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.3M
+96.1%
Medical building
$2.2M
+92.7%
Office building
$2.2M
+90.1%
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 San Pedro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Pedro 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%
$1,790,000
6.5%
$1,655,000
7%
$1,535,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,145,000
Current use
AUTO REPAIR, GARAGE
$2,250,000
Change: +96% · Conversion: Difficult
MEDICAL BUILDING
$2,210,000
Change: +93% · Conversion: Difficult
OFFICE BUILDING
$2,180,000
Change: +90% · Conversion: Easy
WAREHOUSE, STORAGE
$1,430,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,275,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$1.60M
Range $1.44M – $1.76M · ±10% · vs last sale $1.68M (Dec 16 2025)
Last sale anchor
$1.68M
Dec 16 2025
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
$329 / 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
$12,785
Tax year 2024
Assessed value
$984,278
Assessed 2024
Previous assessed
$984,278
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$688,995
Assessed improvement
$295,283
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
4,860 SF
Lot
0.21 ac (9,003 SF)
Zoning code
LAC2
APN
7454-020-018
UPID
US09-8052373
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · San Pedro, CA
Zoning LAC2 · permitted uses
LAC2 · San Pedro, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Pedro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1920
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Studio Harbor LLC
Entity
Mailing address
13223 VENTURA BLVD STE G, STUDIO CITY, CA 91604-1801
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2025
$1,675,000
Studio Harbor LLC
Aykem LLC
Grant Deed
$1,172,500 · Cathay Bank
Jun 24, 2019
$900,000
1221 South Pacific LLC
Lambrose L D & R F/tr
Grant Deed
$600,000 · Alex & Tamar Janos
Apr 12, 2019
—
Owner Name Unavailable
Lambrose,lorin D & Rosalie
Affidavit Of Death
related
—
Apr 5, 2019
—
Lambrose Family Trust
—
Deed
related
$835,000 · Forillo Family Trust (pt)
Jun 17, 2016
—
Lambrose Family Trust
Lambrose,lorin D & Rosalie
Affidavit Of Death
related
—
Nov 25, 1992
—
Lambrose Lorin D
—
Deed Of Trust
related
—
—
—
Lambrose Family Trust
—
Deed Of Trust
related
$835,000 · Forillo Family Trust (pt)
Dec 21, 1961
—
—
—
Grant Deed
related
—
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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