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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Drive through restaurants
1540 Eastern Ave Los Angeles, CA 90063-1017
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8663614
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1999
Construction
WOOD
Total area
2,585 SF
Lot
0.38 ac (16,693 SF)
Zoning code
LCCPD*
APN
5225-004-024
UPID
US09-8663614
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
-
Burger King Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.26M
Owner & transaction history
Patricia M Nerio · 3 yrs held
Patricia M Nerio
since 2023
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
LCCPD* · 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
Method
Estimation
Statistic approach
$1,185,000
ML approach
$1,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±10% · vs last sale $1.34M (Jan 12 2023)
Last sale anchor
$1.34M
Jan 12 2023
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
$485 / 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
$48,369
Tax year 2024
Assessed value
$3,825,000
Assessed 2024
Previous assessed
$3,825,000
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,019,600
Assessed improvement
$1,805,400
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,585 SF
Lot
0.38 ac (16,693 SF)
Zoning code
LCCPD*
APN
5225-004-024
UPID
US09-8663614
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCCPD* · Los Angeles, CA
Zoning LCCPD* · permitted uses
LCCPD* · 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
1999
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Patricia M Nerio
Individual
Mailing address
17272 FORBES LN, HUNTINGTON BEACH, CA 92649-4668
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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 12, 2023
$2,500,000
Patricia M Nerio
Patricia M Nerio
Grant Deed
related
—
Jan 12, 2023
—
Patricia M Nerio
Art M Nerio
Affidavit Death Of Trustee/successor Trustee
related
—
Jul 31, 2017
—
Nerio Family Trust
Nerio Family Trust
Quit Claim Deed
related
—
Oct 6, 1999
$1,340,000
Nerio,art M & Lily Y Trustees
Eupierre,v F
Trustees Deed
—
Oct 6, 1999
—
Vince F Eupierre
Eupierre,i M
Quit Claim Deed
related
—
Feb 25, 1999
—
Vince F Eupierre
Eupierre,i
Quit Claim Deed
related
—
Feb 25, 1999
$475,000
Vince F Eupierre
Union Oil Co California
Grant Deed
—
Jun 21, 1972
$475,000
—
—
Grant Deed
related
—
—
—
Nerio,tr
—
Deed Of Trust
related
$800,000 · United Commercial 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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