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    Property profile & analytics

    1224 Atlantic Blvd Los Angeles, CA 90022-5012

    • Retail space
    • 2,500 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Last Sale
    Jun 07, 2024
    $500,000
    Location Intelligence
    Property ID
    US09-6886848
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mi Cabana Restaurant / Mexican Restaurant / Restaurant

    Property Details for 1224 Atlantic Blvd

    Year built
    1955
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    2,500 SF
    Zone code
    LCC3YY
    Property type
    Retail space
    APN
    6340-011-009
    APU
    6340011009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $540,000
      6.5%
      $515,000
      7%
      $515,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $455,000
      Retail
      $500,000
      Mixed-Use
      $575,000
      Hospitality
      $445,000
      Educational
      $580,000
      Residential Income
      $470,000
      Energy
      $465,000
      Income-Based Land
      $580,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.158
    Latitude
    34.0154
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,091
    $246,281
    $160,079
    $406,360
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      5914 Whittier Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      5914 Whittier Blvd, Los Angeles, CA 90022-4304
      View Details
    • Value Estimation by Request
      1,247 SF

      4962 Whittier Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,247 SF
      4962 Whittier Blvd, East Los Angeles, CA 90022-3130
      View Details
    • Value Estimation by Request
      875 SF

      1236 Atlantic Blvd

      RETAIL STORES (PERSONAL SERVICES) • 875 SF
      1236 Atlantic Blvd, Los Angeles, CA 90022-5012
      View Details
    • Value Estimation by Request
      9,671 SF

      5724 Olympic Blvd

      RETAIL STORES (PERSONAL SERVICES) • 9,671 SF
      5724 Olympic Blvd, Commerce, CA 90022-5120
      View Details
    • Value Estimation
      $335,000
      1,248 SF

      6416 Whittier Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,248 SF
      6416 Whittier Blvd, Los Angeles, CA 90022-4604
      View Details
    • Value Estimation by Request
      3,622 SF

      5111 Olympic Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,622 SF
      5111 Olympic Blvd, Los Angeles, CA 90022-3905
      View Details

    Similar Nearby for Sale

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    • $2,500,000
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      17,381 SF building on 11,600 SF land for sale.
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    Similar Nearby for Lease

    • $2 SF/Yr
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      Retail property suitable for various businesses, subject to zoning regulations.
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    • $10,000 /Mo

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      Corner property in a great location with parking.
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      Retail space in shell condition, ready for occupancy.
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    • $5,000 /Mo
      3,150 SF

      Retail Space on Whittier Boulevard

      Retail space for lease in a high-traffic Los Angeles location.
      5941 Whittier Blvd, Los Angeles, CA 90022
      View Details
    • $1.85 SF/Yr
      2,000 SF

      Adaptable Retail Space Available

      Versatile retail space suitable for various business types.
      752 S Atlantic Blvd, Los Angeles, CA 90022
      View Details
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    Los Angeles, CA 90022-5012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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