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Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Warehouses
1449 Adams Blvd, Los Angeles, CA 90011
Trust Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6858569
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Construction
TILT-UP CONCRETE
Total area
11,780 SF
Lot
0.14 ac (5,922 SF)
Zoning code
LAM1
APN
5118-010-018
UPID
US09-6858569
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
-
First AME Zion Church Church
-
Free City LA Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.35M
Owner & transaction history
Choi,dong H & Byung D Trust · 9 yrs held
Choi,dong H & Byung D Trust
since 2017
7 recorded transactions
Zoning & alternative use
LAM1 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$114 / 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
$12,208
Tax year 2024
Assessed value
$915,593
Assessed 2024
Previous assessed
$915,593
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$161,247
Assessed improvement
$754,346
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
11,780 SF
Lot
0.14 ac (5,922 SF)
Zoning code
LAM1
APN
5118-010-018
UPID
US09-6858569
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM1 · Los Angeles, CA
Zoning LAM1 · permitted uses
LAM1 · 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.
Building & site characteristics
From public records
Year built
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Choi,dong H & Byung D Trust
Trust
Mailing address
2131 W SNEAD ST, LA HABRA, CA 90631-9509
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2022
—
Dong Hee Choi
—
Deed
related
$100,000 · Shinhan Bank America
Sep 10, 2019
—
Dong Hee Choi
—
Deed
related
$100,000 · Shinhan Bank America
Mar 21, 2017
—
Choi,dong H & Byung D Trust
—
Grant Deed
related
$2,700,000 · Shinhan Bk
Feb 9, 2017
—
Choi,dong H & Byung D Trust
Choi,dong H & Byung D
Quit Claim Deed
related
—
Sep 24, 2009
—
Dong H Choi
—
Deed Of Trust
related
$2,224,809 · Cathay Bank
Sep 10, 2004
$3,500,000
Dong H Choi
Kim,dae H
Grant Deed
$2,450,000 · Cathay Bank
Aug 30, 2000
$1,584,000
Dae H Kim
Agha,adel T
Grant Deed
$712,800 · California Center Bank
Nov 24, 1999
—
Adel T Agha
Foreman,lyle D & Sheila
Grant Deed
$910,000 · Bank Of Yorba Linda
—
—
Dong H Choi
—
Deed Of Trust
related
$1,350,000 · Cathay Bank
—
—
Dong H Choi
—
Deed Of Trust
related
$1,205,784 · Cathay Bank
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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