Advertise

Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Open Dashboard
How to use Realmo Analytics Watch the walkthrough
Property profile

1233 N Highland Ave Los Angeles, CA 90038

FOR LEASE
Investment properties
Property ID
US09-8705111
11,684 SF 0.77 ac lot Built 1941
Last sale Feb 2021 · $14,000,140
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
1233 N Highland Ave, Los Angeles, CA 90038 For Lease 1 / 8
$12,295,000
1233 N Highland Ave, Los Angeles, CA 90038
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$390k
Tax billed · 2024
Assessed value$31.86M
Assessed land$14.86M
Assessed improvement$17.00M
Effective rate1.22%

Value estimate

· Nov 2026
$12.30M
$11.07M – $13.52M
NOI build-up
Gross scheduled income$3.52M
Vacancy & credit loss−$363k
Operating expenses−$948k
NOI · 52,038,705.88% cap applied$2.21M

Realmo valuation models over county records and 23 qualifying comparable sales.

Recently sold

What actually traded nearby?
$624/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$383 – $847
Qualifying comparables23

Cap rate analysis

How does the asset earn?
52,038,705.88%
$2.21M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LARD1.5
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher9.2
Bike Shop8.7
Pet Grooming Service7.4

Location

1233 N Highland Ave Los Angeles, CA 90038
County assessor Recorded deeds · not on file 23 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5531 Santa Monica, Los Angeles, CA 90038 $1,525,000 Nov 2024 6,708 SF
1268 Wilton, Los Angeles, CA 90038-2147 $1,505,000 Jun 2024 7,528 SF
5901 Melrose, Los Angeles, CA 90038-3611 $3,520,035 Feb 2023 6,498 SF
727 La Brea, Los Angeles, CA 90038-3338 $4,150,041 Jun 2022 9,272 SF
5014 Melrose, Los Angeles, CA 90038-4164 $9,090,090 Dec 2021 17,775 SF
5025 Melrose, Los Angeles, CA 90038-4106 $4,658,546 Nov 2021 11,076 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation by Request
    12,840 SF
    729 Seward St
    STORE/OFFICE (MIXED USE)
    729 Seward St, Los Angeles, CA 90038-3503
    View Details
  • Value Estimation
    $2,615,000
    13,392 SF
    5625 Melrose Ave
    STORE/OFFICE (MIXED USE)
    5625 Melrose Ave, Los Angeles, CA 90038-3909
    View Details
  • Value Estimation
    $1,880,000
    9,600 SF
    5601 Melrose Ave
    STORE/OFFICE (MIXED USE)
    5601 Melrose Ave, Los Angeles, CA 90038-3909
    View Details
  • Value Estimation
    $8,585,000
    17,775 SF
    5014 Melrose Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    5014 Melrose Ave, Los Angeles, CA 90038-4164
    View Details
  • Value Estimation
    $3,550,000
    18,347 SF
    6560 Santa Monica Blvd
    STORE/OFFICE (MIXED USE)
    6560 Santa Monica Blvd, Los Angeles, CA 90038-1434
    View Details
  • Value Estimation
    $1,385,000
    6,995 SF
    819 La Brea Ave
    STORE/OFFICE (MIXED USE)
    819 La Brea Ave, Los Angeles, CA 90038-3340
    View Details

Similar in This City for Sale

  • New
    Contact for pricing
    6,121 SF
    Los Angeles Office Space Available
    Office space totaling approximately 4,992 square feet on 9,619 square foot lot.
    658 S Bronson Ave, Los Angeles, CA 90005
    View Details
  • New
    $1,650,000
    5,400 SF
    Flex Space with Spray Booth
    Seven studio suites have month-to-month leases, with a separate live/work area in the building.
    4437 Telegraph, Los Angeles, CA 90023
    View Details
  • New
    $1,375,000
    5,248 SF
    Flex Space With Live-Work Area
    Multi-room flex building with power, loading access, and adaptable live-work functionality.
    5388 5396 Alhambra, Los Angeles, CA 90032
    View Details
  • New
    Contact for pricing
    5,248 SF
    Industrial Flex Building
    Multi-room configuration includes live/work space, loading access, and power for light manufacturing or assembly.
    5390 Alhambra Avenue, Los Angeles, CA 90032
    View Details
  • New
    Contact for pricing
    5,248 SF
    Freestanding Flex Building
    Live/work configuration with loading access, elevated clear height, and proximity to multiple regional freeways.
    5390-5396 Alhambra Ave, Los Angeles, CA 90032
    View Details
  • New
    $1,495,000
    4,400 SF
    Creative Live/Work Flex Campus
    Two-story renovated live/work and flex campus near transit.
    5017 Exposition Blvd, Los Angeles, CA 90016
    View Details

Similar in This City for Lease

  • New
    Contact for pricing
    10,389 sqft
    Live Work Space with Parking
    Renovated live/work space near DTLA with ample parking.
    5209-5211 Telegraph Road, Los Angeles, CA 90022
    View Details
  • New
    Contact for pricing
    9,000 sqft
    Two-Story Creative Space
    Loft-style commercial setting with mezzanine areas, roll-up access, private restrooms, and a kitchen.
    4621 W Washington Boulevard, Los Angeles, CA 90016
    View Details
  • New
    Contact for pricing
    3,162 sqft
    Arts District Live/Work Unit
    Spacious live/work unit near the Arts District with secure parking.
    745 Merchant Street, Los Angeles, CA 90021
    View Details
  • New
    Contact for pricing
    3,775 sqft
    Venice Live/Work Space with Patio
    Three-story live/work space with rooftop patio in Venice, CA.
    Los Angeles, CA 90001
    View Details
  • New
    $6,150/Mo
    Remodeled Three-Story Live-Work Space
    Open-concept corner townhome with modern kitchen, updated baths, balconies, and private outdoor space.
    3450 Cahuenga Boulevard 801, Los Angeles, CA 90068
    View Details
  • New
    $6,500/Mo
    1,650 sqft
    Live-Work Property with Parking
    A freestanding setting with dedicated parking supports office-based operations that do not rely on client visits.
    3525 Glenhurst Avenue, Los Angeles, CA 90039
    View Details
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Email to Your Friends
Link copied to clipboard
Separate multiple addresses with a comma
Message sent successfully
Error
Why this one?
Saved
Google sign-in failed. Please try again or use another login method.
Sign Up Successful!
You now have access to more from Realmo!