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Property profile & analytics
OFF-MARKET
Retail space
1224 Atlantic Blvd Los Angeles, CA 90022-5012
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-6886848
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Construction
WOOD
Total area
2,500 SF
Lot
0.11 ac (5,009 SF)
Zoning code
LCC3YY
APN
6340-011-009
UPID
US09-6886848
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
Current use
Occupant on record · Public records
-
Mi Cabana Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jorge Cruz · 2 yrs held
Jorge Cruz
since 2024
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
LCC3YY · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,091
Tax year 2024
Assessed value
$406,360
Assessed 2024
Previous assessed
$406,360
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$246,281
Assessed improvement
$160,079
Applied tax rate
6.0000
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
1955
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,500 SF
Lot
0.11 ac (5,009 SF)
Zoning code
LCC3YY
APN
6340-011-009
UPID
US09-6886848
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3YY · Los Angeles, CAZoning LCC3YY · permitted uses
LCC3YY · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1955
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Jorge Cruz
Individual
Mailing address
1226 S ATLANTIC BLVD, LOS ANGELES, CA 90022-5012
Mailing matches property
Yes
Owner-occupied
Yes
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
Jun 7, 2024
$500,000
Jorge Cruz
Zavalza Fregoso Ambrocio
Grant Deed
$475,000 · Ambrociio Zavatza Fregoso
May 9, 2022
—
Zavalza Fregoso Ambrocio
Ambrosio Fregoso
Intrafamily Transfer
related
—
May 4, 2012
$330,000
Ambrosio Fregoso
Sareli LLC
Grant Deed
$250,000 · Sareli LLC
Mar 30, 2012
$603,125
Sareli LLC
Western Fidelity Trsutees
Trustees Deed
related
—
Jun 24, 2010
—
Ambrosio Fregoso
Fregoso,ambrosio & Livier
Quit Claim Deed
related
—
Jan 22, 2010
—
Ambrosio Fregoso
Campos,celia
Grant Deed
—
Dec 1, 2008
$740,000
Ambrosio Fregoso
Sareli LLC
Grant Deed
$580,000 · Sareli LLC
Dec 17, 2004
—
Sareli LLC
Goncuian,john V & Biana O
Quit Claim Deed
related
—
Jan 24, 2003
$225,000
John V Goncuian
Lemus,james
Grant Deed
$150,000 · Habib American Bank
Aug 6, 1991
$250,000
James Lemus
Fredricks,philli
Grant Deed
$200,000 · Seller
—
—
Sareli LLC
—
Deed Of Trust
related
$150,000 · Habib American Bank
—
—
John V Goncuian
—
Deed Of Trust
related
$250,000 · Habib American 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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