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Property profile & analytics
FOR SALE
Office buildings
1255 South Atlantic Blvd Los Angeles, CA 90022
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7831439
For Sale
1 / 16
Contact for pricing
1255 South Atlantic Blvd, Los Angeles, CA 90022
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1917
Construction
WOOD
Total area
3,709 SF
Lot
0.11 ac (4,885 SF)
Zoning code
LCC3*
APN
5245-013-038
UPID
US09-7831439
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
-
West Coast Staffing Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$683k
Blend (final)
Blend
$685k
Owner & transaction history
1255 S Atlantic LLC · 2 yrs held
1255 S Atlantic LLC
since 2024
Last sale
$685,000
6 recorded transactions
Zoning & alternative use
LCC3* · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.0M
+15.3%
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
Method
Estimation
Statistic approach
$685,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$900,000
Current use
WAREHOUSE, STORAGE
$1,035,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$835,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $685k (May 24 2024)
Last sale anchor
$685k
May 24 2024
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
$185 / 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
$11,356
Tax year 2024
Assessed value
$779,408
Assessed 2024
Previous assessed
$779,408
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$557,534
Assessed improvement
$221,874
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1917
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
4
Bathrooms
8
Total area
3,709 SF
Lot
0.11 ac (4,885 SF)
Zoning code
LCC3*
APN
5245-013-038
UPID
US09-7831439
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3* · Los Angeles, CAZoning LCC3* · permitted uses
LCC3* · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$900,000
WAREHOUSE, STORAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$835,000
OFFICE BUILDING Current
WAREHOUSE, STORAGE
RETAIL STORES
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
1917
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
4
Bathrooms
8
Lot
0.11 ac
Current owner
From public records · entity-resolved
1255 S Atlantic LLC
Entity
Free & Clear · 2 yrs held
Mailing address
714 N LINDEN DR, BEVERLY HILLS, CA 90210-3226
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2024
—
1255 S Atlantic LLC
Behnam Rodd
Intrafamily Transfer
related
—
Nov 8, 2022
—
Behnam Rodd
Behnam Rodd
Intrafamily Transfer
related
$400,000 · Farmers & Merchants Bank Of Long Be
Aug 19, 2019
—
Behnam Rodd
—
Deed
related
$450,000 · Preferred Bank
Jun 27, 2017
$685,000
Rodd,behnam & Roya Trust
Orozco,mary V
Grant Deed
—
Nov 15, 1993
—
Mary V Orozco
—
Deed Of Trust
related
—
Aug 17, 1972
—
—
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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