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Property profile & analytics
OFF-MARKET
Estimated value
$90,895,000
Warehouses
1400 Los Palos St, Los Angeles, CA 90023-3268
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7858730
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2018
Total area
479,272 SF
Lot
15.73 ac (685,018 SF)
Zoning code
LAM3
APN
5192-001-002
UPID
US09-7858730
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
-
Lineage Storage Facility Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$90.90M
Owner & transaction history
Chill Build Los Angeles I LLC · 9 yrs held
Chill Build Los Angeles I LLC
since 2017
7 recorded transactions
Zoning & alternative use
LAM3 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$118.3M
+6.2%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$111,415,000
Current use
INDUSTRIAL (GENERAL)
$118,275,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$90.90M
Range $81.81M – $99.98M · ±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
$190 / 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
$2,169,562
Tax year 2024
Assessed value
$174,440,195
Assessed 2024
Previous assessed
$174,440,195
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$49,132,408
Assessed improvement
$125,307,787
Applied tax rate
12.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2018
Heating
NONE
Buildings
2
Total area
479,272 SF
Lot
15.73 ac (685,018 SF)
Zoning code
LAM3
APN
5192-001-002
UPID
US09-7858730
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM3 · Los Angeles, CA
Zoning LAM3 · permitted uses
LAM3 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$111.4M
INDUSTRIAL (GENERAL)
Est. value
$118.3M
WAREHOUSE, STORAGE Current
INDUSTRIAL (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
Year built
2018
Heating
NONE
Buildings
2
Lot
15.73 ac
Current owner
From public records · entity-resolved
Chill Build Los Angeles I LLC
Entity
Free & Clear · 9 yrs held
Mailing address
6831 E 32ND ST STE #300, INDIANAPOLIS, IN 46226-6195
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2018
—
Chill Build Los Angeles I LLC
—
Deed
related
$129,600,000 · Miscellaneous Ins Co
Aug 21, 2017
—
Chill Build Los Angeles I LLC
—
Grant Deed
related
$104,812,500 · Huntington Nat'l Bk
Mar 31, 2017
$43,300,000
Chill Build Los Angeles I LLC
Chr Vii-reda I Los Angeles Uni
Grant Deed
—
Jul 7, 2016
$300,038,000
Chr Vii Reda I Los Angeles Union Cr
99 Cents Only Stores LLC
Grant Deed
—
Jan 28, 2014
—
99 Cents Only Stores LLC
—
Loan Modification, Consolidation And Extension
related
$675,000,000 · Royal Bk/canada
Apr 13, 2012
—
99 Only Stores
—
Grant Deed
related
$525,000,000 · Royal Bk/canada
Jul 12, 2005
$9,600,000
99 Only Stores
Angel M Echevarria
Grant Deed
—
Jun 1, 2001
—
Angel M Chevarria
Echevarria,g
Quit Claim Deed
related
—
Nov 10, 1993
—
Angel M Echevarria
Echevarria,a M&j
Quit Claim Deed
related
—
—
—
Echevarria,angel M & Jean R
—
Deed Of Trust
related
$200,000 · Bfs Realty Investments LLC
—
—
Angel Echeverria
—
Deed Of Trust
related
$1,565,000 · Sanwa Bank California
—
—
Angel Echevarria
—
Deed Of Trust
related
$6,023,474 · Sanwa Bank California
—
—
Angel M Echevarria
—
Deed Of Trust
related
$5,250,000 · East West Bank
—
—
Chill Build Los Angeles I LLC
—
Deed Of Trust
related
$129,600,000 · Miscellaneous Ins Co
—
—
Echevarria,angel M & Jean R
—
Deed Of Trust
related
$100,000 · Arnold J Epel
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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