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Property profile & analytics
OFF-MARKET
Estimated value
$140,000
Investment properties
1610 Vernon Ave Los Angeles, CA 90011-3851
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7232495
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Construction
WOOD
Total area
3,212 SF
Lot
0.17 ac (7,519 SF)
Zoning code
LARD1.5
APN
5106-003-001
UPID
US09-7232495
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
-
Kingdom Hall of Jehovah’s Witnesses Church
-
Gumbo Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$155k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$140k
Owner & transaction history
John Sue Park · 2 yrs held
John Sue Park
since 2023
Last sale
$160,000
7 recorded transactions
Zoning & alternative use
LARD1.5 · 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
$140,000
ML approach
$155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$140k
Range $126k – $154k · ±10% · vs last sale $160k (Nov 28 2023)
Last sale anchor
$160k
Nov 28 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
$44 / 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
$4,380
Tax year 2024
Assessed value
$313,456
Assessed 2024
Previous assessed
$313,456
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$145,524
Assessed improvement
$167,932
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1910
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
3,212 SF
Lot
0.17 ac (7,519 SF)
Zoning code
LARD1.5
APN
5106-003-001
UPID
US09-7232495
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARD1.5 · Los Angeles, CAZoning LARD1.5 · permitted uses
LARD1.5 · 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
1910
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
John Sue Park
Individual
Free & Clear · 2 yrs held
Mailing address
2437 SLEEPY HOLW DR, GLENDALE, CA 91206-4712
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2023
—
John Sue Park
John Sue Park
Intrafamily Transfer
related
—
Nov 27, 2023
—
John Sue Park
John Sue Park
Intrafamily Transfer
related
—
Aug 26, 2013
—
Park,j S & O J Living Trust
Park,john S
Quit Claim Deed
related
—
Mar 9, 2001
$160,000
Park,john S
Yoo,chong B
Trustees Deed
$140,000 · California Chohung Bank
Mar 9, 2001
—
John S Park
Park,o J
Quit Claim Deed
related
—
Apr 9, 1993
$140,000
Chong B Yoo
Davis,carl & Aub
Grant Deed
$98,000 · Seller
—
—
Chong B Yoo
—
Deed Of Trust
related
$95,000 · California Center Bank
Jul 25, 1961
—
L A Calif Congregation Wit
—
Grant Deed
related
—
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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