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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
1508 12th St Los Angeles, CA 90015-2013
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8254676
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1956
Construction
TILT-UP CONCRETE
Total area
19,966 SF
Lot
0.43 ac (18,728 SF)
Zoning code
LAC2
APN
5137-029-019
UPID
US09-8254676
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
-
Grading & Marking Specialists General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mdb International Branding LLC · 1 yrs held
Mdb International Branding LLC
since 2024
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
LAC2 · 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
—
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
$20,336
Tax year 2024
Assessed value
$1,477,287
Assessed 2024
Previous assessed
$1,477,287
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$608,293
Assessed improvement
$868,994
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 properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Bathrooms
17
Total area
19,966 SF
Lot
0.43 ac (18,728 SF)
Zoning code
LAC2
APN
5137-029-019
UPID
US09-8254676
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
Building & site characteristics
From public records
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Bathrooms
17
Lot
0.43 ac
Current owner
From public records · entity-resolved
Mdb International Branding LLC
Entity
Mailing address
1031 CV WAY, BEVERLY HILLS, CA 90210-2818
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2024
$4,950,000
Mdb International Branding LLC
Roxanne Heptner
Grant Deed
$3,550,000 · California Business Bank
Mar 24, 2023
—
Roxanne Heptner
Arthur Pereira
Affidavit Death Of Trustee/successor Trustee
—
Jun 27, 2005
—
Pereira Heptner Trust
Pereira,art
Quit Claim Deed
related
—
Apr 11, 2002
—
Art Pereira
Rice Trust
Grant Deed
$1,132,565 · City National Bank
—
—
1508 12th St. Santa Monica Prop
—
Deed Of Trust
related
$75,000 · Individual
—
—
12th Street Santa Monica 1508
—
Deed Of Trust
related
$435,500 · First Federal Bank Ca
—
—
12th Street Santa Monica 1508
—
Deed Of Trust
related
$50,000 · Black Trust
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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