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Property profile & analytics
OFF-MARKET
Estimated value
$10,965,000
Manufacturing properties
140 Broadway Los Angeles, CA 90012
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6445516
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Construction
CONCRETE
Total area
59,601 SF
Lot
0.91 ac (39,823 SF)
Zoning code
LAC2
APN
5149-001-004
UPID
US09-6445516
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
-
Air Tickets Travel Agency
-
Blue Eagle Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.97M
Owner & transaction history
Onni Times Square LP · 9 yrs held
Onni Times Square LP
since 2016
6 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$17.9M
+5.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,340,000
6.5%
$11,390,000
7%
$10,575,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$16,865,000
Current use
COMMERCIAL (GENERAL)
$17,855,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$10.97M
Range $9.87M – $12.06M · ±10%
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
$184 / 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
$320,713
Tax year 2024
Assessed value
$25,828,724
Assessed 2024
Previous assessed
$25,828,724
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$25,714,943
Assessed improvement
$113,781
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
59,601 SF
Lot
0.91 ac (39,823 SF)
Zoning code
LAC2
APN
5149-001-004
UPID
US09-6445516
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
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$16.9M
COMMERCIAL (GENERAL)
Est. value
$17.9M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
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
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Onni Times Square LP
Entity
Mailing address
5055 N 32ND ST STE #200, PHOENIX, AZ 85018-9905
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Jan 23, 2023
—
Onni Times Square LP
—
Deed
related
$31,650,000 · Bank Of America NA
Sep 27, 2016
$105,000,000
Onni Times Square LP
Ca-los Angeles Times Square Ll
Grant Deed
$100,000,000 · Industrial & Com'l Bk/china Lt
Apr 10, 2013
—
Ca-los Angeles Times Square Ll
Los Angeles Times Communicatio
Quit Claim Deed
related
—
Nov 26, 2008
—
Angeles Times Communicatio Los
Tribune
Grant Deed
—
Apr 30, 2008
$74,553,000
Tribune Co
Tmct LLC
Grant Deed
—
Aug 11, 1997
—
Tmct LLC
Time Mirror Co
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.
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