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1253 Vine St, Los Angeles, CA 90038
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Property summary
AI-generated overview
This exceptional Los Angeles County property, located at 1253 Vine Street, 90038, offers 13,841 square feet of versatile commercial space ideal for medical offices. The building features seven suites, with a minimum divisible space of 1,185 square feet and a maximum contiguous space of 2,535 square feet. Currently, a significant portion of the building, totaling 12,506 square feet, is available for lease. The property is categorized as both retail and office, making it suitable for a variety of medical and commercial uses. Its location in the vibrant Hollywood area provides excellent visibility and accessibility. The multiple tenancy structure allows for flexibility in lease terms and space configurations. This is a unique opportunity to secure prime commercial real estate in a high-demand Los Angeles location. The property's diverse zoning allows for a range of uses, including fitness, medical, office, retail, and restaurant establishments. Interested parties should inquire about available suite sizes and lease terms. This property presents a compelling investment opportunity in a thriving market.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1984
Construction
TILT-UP CONCRETE
Total area
33,362 SF
Lot
1.09 ac (47,350 SF)
Zoning code
LAC2
APN
5533-005-051
UPID
US09-7686525
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
-
Home Decor Store Furniture & Home Goods
-
Dental Office
-
Publishing House Newspaper & Magazine
-
Restaurant
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.40M
Comparable Approach
Comparable
$9.31M
Blend (final)
Blend
$15.51M
Owner & transaction history
since 2020
Last sale
$17.0M
6 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
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.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 4 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$15.51M
Value range
$13.96M – $17.06M
±10% around blend
Estimated value / SF
$465 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
40
Income certainty
100
$13.96M
blend $15.51M
$17.06M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
33,362 SF
Lot area
1.09 ac
Year built
1984
Stories
1
APN
5533-005-051
Zoning
LAC2
Assessed value
$18,227,432
Annual tax
$243,705
3
Income approach: direct capitalization
Partial preview
Income approach indication
$10.40M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$11.26M
@ 6.5% CAP return
$10.40M
@ 7% CAP return
$9.65M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$243,705
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$11.40M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.1 mi away · 28,480 SF
13.0 mi away · 28,704 SF
24.8 mi away · 30,790 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$15.51M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 29 sales
$624
-26%
Submarket 1102 sales
$300
+55%
County 2504 sales
$309
+50%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $465/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Selected market yield
3.90%
Selected cap rate for this investment properties
Derived from the Los Angeles market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.90%
9.0%
NOI (est.)
$321k *
Last sale · Feb 2020
$17.00M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$8.24M
Move the market yield to see immediate price impact.
Value / SF
$247
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
3.40%3.90%4.40%
$289k
$8.50M
$7.41M
$6.57M
$321k
$9.45M
$8.24M
$7.30M
$353k
$10.39M
$9.06M
$8.03M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$7.80M
3.3 mi · Oct 2025 · $224/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$243,705
Tax year 2024
Assessed value
$18,227,432
Assessed 2024
Previous assessed
$18,227,432
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$12,008,662
Assessed improvement
$6,218,770
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
33,362 SF
Lot
1.09 ac (47,350 SF)
Zoning code
LAC2
APN
5533-005-051
UPID
US09-7686525
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CAZoning LAC2 · permitted uses
LAC2 · 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
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.09 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LAC2
Jurisdiction
Los Angeles, CA
Recorded code
LAC2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LAC2 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.
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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.
One complete report on every paid plan · 30 · 300 reports per month.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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