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Property profile & analytics
FOR SALE
Manufacturing properties
1709 Spring St N Los Angeles, CA 90012
Trust Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0444208
For Sale
$7,000,000
1709 Spring St N, Los Angeles, CA 90012
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1895
Construction
TILT-UP CONCRETE
Total area
4,800 SF
Lot
0.13 ac (5,496 SF)
Zoning code
LAUV(CA)
APN
5409-002-027
UPID
US10-0444208
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
$570k
Owner & transaction history
Mazzie,toby JR Living Trust · 11 yrs held
Mazzie,toby JR Living Trust
since 2015
7 recorded transactions
Zoning & alternative use
LAUV(CA) · 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
$119 / 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
$8,156
Tax year 2024
Assessed value
$618,591
Assessed 2024
Previous assessed
$618,591
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$348,769
Assessed improvement
$269,822
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1895
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
4,800 SF
Lot
0.13 ac (5,496 SF)
Zoning code
LAUV(CA)
APN
5409-002-027
UPID
US10-0444208
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAUV(CA) · Los Angeles, CAZoning LAUV(CA) · permitted uses
LAUV(CA) · 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
1895
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Mazzie,toby JR Living Trust
Trust
Mailing address
1711 N SPG ST, LOS ANGELES, CA 90012-2073
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Jan 25, 2021
—
Mazzie,toby JR Living Trust
—
Deed
related
$800,000 · Abra Lending INC
Apr 12, 2017
—
Mazzie,toby JR Living Trust
—
Deed
related
$250,000 · Abra Management INC
Jan 26, 2015
$525,000
Mazzie,toby JR Living Trust
Han Family Investments
Grant Deed
$800,000 · Private Individual
Jan 26, 2015
—
Han Family Investments
Han,tony P
Quit Claim Deed
—
Jan 18, 1994
$3,000
Tru H Hang
Han,jimmy & Kare
Grant Deed
related
$142,000 · United American Bank
Apr 11, 1988
$240,000
Han Jimmy Karen
Huy
Grant Deed
$160,000 · United American Bank
—
—
Mazzie,toby JR Living Trust
—
Deed Of Trust
related
$250,000 · Abra Management INC
—
—
Mazzie,toby JR Living Trust
—
Deed Of Trust
related
$800,000 · Abra Lending INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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