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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Retail space
1457 Florence Ave Los Angeles, CA 90001-1968
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-7632978
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1993
Construction
WOOD
Total area
14,750 SF
Lot
0.65 ac (28,133 SF)
Zoning code
LCC2*
APN
6010-027-067
UPID
US09-7632978
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
-
Continental Currency Services Check Cashing
-
CASH FOR GOLD- WE BUY GOLD, SILVER, LUXURY WATCHES, DIAMOND & COINS (Bike/Boat/Book/etc) Store
-
Power Auto Insurance Sales Inc Insurance Agency
-
Bangin Buns Restaurant
-
Subway Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.30M
Blend (final)
Blend
$2.80M
Owner & transaction history
Autozone West LLC · 2 yrs held
Autozone West LLC
since 2024
7 recorded transactions
Zoning & alternative use
LCC2* · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.1M
+55.9%
Apartment house (5+ units)
$2.8M
+5.4%
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
RETAIL STORES
$2,645,000
Current use
WAREHOUSE, STORAGE
$4,125,000
Change: +56% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,785,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±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
$36,932
Tax year 2024
Assessed value
$2,783,909
Assessed 2024
Previous assessed
$2,783,909
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$664,776
Assessed improvement
$2,119,133
Applied tax rate
1.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1993
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
14,750 SF
Lot
0.65 ac (28,133 SF)
Zoning code
LCC2*
APN
6010-027-067
UPID
US09-7632978
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC2* · Los Angeles, CA
Zoning LCC2* · permitted uses
LCC2* · 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
RETAIL STORES Current
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
RETAIL STORES Current
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1993
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Autozone West LLC
Entity
Free & Clear · 2 yrs held
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2024
—
Autozone West LLC
Florence Center LLC
Lease
—
Aug 17, 2020
—
Florence Center LLC
—
Deed
related
$3,500,000 · Miscellaneous Ins Co
Jul 1, 2010
—
Florence Center LLC
—
Deed Of Trust
related
$2,700,000 · Symetra Life Insurance Co
Aug 23, 2000
$2,550,000
Florence Center LLC
Song,mi R
Grant Deed
$1,912,500 · First Union National Bank
Jun 16, 1997
—
Bong Sun Wha INC
—
Deed Of Trust
related
—
Sep 27, 1995
$1,825,000
Cellex Development Ltd
Superior Plaza Ptshp
Grant Deed
—
—
—
Superior Plaza Partnership
—
Deed Of Trust
related
$500,000 · California Korea Bank
—
—
Florence Center LLC
—
Deed Of Trust
related
$3,500,000 · Miscellaneous Ins Co
—
—
Cellex Dev Ltd
—
Deed Of Trust
related
$497,903 · All States Financial Co
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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