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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Retail properties & Spaces
1537 8th St Los Angeles, CA 90017-4304
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0459342
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1995
Construction
WOOD
Total area
3,377 SF
Lot
0.15 ac (6,426 SF)
Zoning code
LAC2
APN
5142-023-006
UPID
US10-0459342
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
1535 8th LLC · 7 yrs held
1535 8th LLC
since 2018
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
$170 / 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
$16,142
Tax year 2024
Assessed value
$1,290,499
Assessed 2024
Previous assessed
$1,290,499
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$962,406
Assessed improvement
$328,093
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
3,377 SF
Lot
0.15 ac (6,426 SF)
Zoning code
LAC2
APN
5142-023-006
UPID
US10-0459342
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning 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
Los Angeles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
1535 8th LLC
Entity
Mailing address
12439 MAGNOLIA BLVDPMB245, VALLEY VILLAGE, CA 91607-2450
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2026
—
1535 8th LLC
—
Deed
related
$15,295,000 · Arixa Enhanced Income Fund LP
Feb 28, 2022
—
1535 8th LLC
—
Deed
related
$11,000,000 · Arixa Enhanced Income Fund LP
Nov 8, 2018
—
1535 8th LLC
D & M Invs LLC
Quit Claim Deed
—
Jul 12, 2017
$1,100,000
D & M Investments LLC
Kims Family Trust
Grant Deed
$800,000 · Yashar Family Trust (pt)
Mar 18, 2015
—
Kims Family Trust
Kims Family Trust
Quit Claim Deed
related
—
Dec 18, 2013
—
Kims Family Trust
Kim,bock W
Quit Claim Deed
related
—
Aug 31, 2012
—
Bock W Kim
Kim,tae J
Quit Claim Deed
related
—
Jun 29, 2006
—
Tae J Kim
Kim,bock W
Quit Claim Deed
related
—
Jun 29, 2006
$198,000
Tae J Kim
Alvis,gerardo A
Grant Deed
$50,000 · Sue Choi
Feb 21, 2001
—
Gerardo A Alvis
Alvis,m
Quit Claim Deed
related
—
Apr 16, 1993
$95,000
Gerardo A Alvis
Fahs,phil & Anit
Grant Deed
$76,000 · Seller
—
—
Gerardo A Alvis
—
Deed Of Trust
related
$100,000 · New Haven Financial INC
—
—
Tae J Kim
—
Deed Of Trust
related
$250,000 · Washington Mutual Fsb
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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