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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Turn key restaurants
1722 16th St Los Angeles, CA 90021-3104
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7856428
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1921
Construction
WOOD
Total area
9,600 SF
Lot
0.24 ac (10,574 SF)
Zoning code
LAMR2
APN
5167-002-033
UPID
US09-7856428
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
$1.09M
Owner & transaction history
Zoltan LLC · 10 yrs held
Zoltan LLC
since 2016
7 recorded transactions
Zoning & alternative use
LAMR2 · 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
$114 / 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
$52,260
Tax year 2024
Assessed value
$4,239,945
Assessed 2024
Previous assessed
$4,239,945
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,870,861
Assessed improvement
$2,369,084
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1921
Construction
WOOD
Heating
NONE
Stories
1
Total area
9,600 SF
Lot
0.24 ac (10,574 SF)
Zoning code
LAMR2
APN
5167-002-033
UPID
US09-7856428
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAMR2 · Los Angeles, CA
Zoning LAMR2 · permitted uses
LAMR2 · 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
1921
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Zoltan LLC
Entity
Mailing address
4381 BERKWOOD CT, EL DORADO HILLS, CA 95762-7707
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2017
—
Zoltan LLC
—
Deed
related
$1,817,000 · Pacific Premier Bk
Dec 19, 2017
—
Zoltan LLC
—
Deed
related
$1,291,000 · Mortgage Cap Dev
Jun 6, 2017
—
Zoltan LLC
—
Deed
related
$1,817,000 · Plaza Bank
Mar 31, 2016
$2,800,000
Zoltan LLC
Lee,steven & Une K
Grant Deed
—
Nov 13, 2014
$1,650,000
Steven Lee
Bae 2013 Family Trust
Grant Deed
$1,485,000 · Bbcn Bk
Oct 17, 2013
—
Bae Family 2013 Trust
Bae,eung C
Quit Claim Deed
related
—
Aug 31, 2010
$740,000
Eung C Bae
Choi,hyun W
Grant Deed
$649,000 · Centerbank
Aug 31, 2010
—
Eung C Bae
Bae,shin O
Quit Claim Deed
related
—
Apr 14, 2006
—
Hyun W Choi
Choi,hyun W
Quit Claim Deed
related
—
May 13, 2003
$575,000
Hyun W Choi
Ehlers,albert F
Grant Deed
$500,000 · Pacific Union Bank
Oct 13, 1994
—
Albert F Ehlers
Ehlers,a F Trustee
Quit Claim Deed
related
—
Oct 27, 1989
—
Albert F Ehlers
Ehlers,albert F
Quit Claim Deed
related
—
—
—
Albert F Ehlers
—
Deed Of Trust
related
$500,000 · Western State Bank
—
—
Hyun W Choi
—
Deed Of Trust
related
$500,000 · Pacific City Bank
—
—
Hyun W Choi
—
Deed Of Trust
related
$700,000 · Pacific City Bank
—
—
Hyun W Choi
—
Deed Of Trust
related
$675,000 · Zions First National Bank
—
—
Hyun W Choi
—
Deed Of Trust
related
$424,979 · Pacific City Bank
—
—
Zoltan LLC
—
Deed Of Trust
related
$1,260,000 · Interimlender.com
—
—
Zoltan LLC
—
Deed Of Trust
related
$1,291,000 · Mortgage Cap Dev
—
—
Zoltan LLC
—
Deed Of Trust
related
$1,817,000 · Pacific Premier Bk
—
—
Hyun W Choi
—
Deed Of Trust
related
$400,000 · Hanmi Bank
—
—
Hyun W Choi
—
Deed Of Trust
related
$175,000 · Pacific City Bank
—
—
Hyun W Choi
—
Deed Of Trust
related
$600,000 · Pacific City 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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