New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,015,000
Theaters & concert halls
1801 Grand Ave Los Angeles, CA 90015-3505
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-7695678
Property profile
Verified
Property type
Theaters & concert halls
Use group
AUDITORIUM
Year built
1925
Construction
TILT-UP CONCRETE
Total area
53,850 SF
Lot
3.78 ac (164,473 SF)
Zoning code
LAM2
APN
5126-012-019
UPID
US09-7695678
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
-
Grand Olympic Theater & Performing Art Venue Music Venue
-
Glory Camp Church
-
GCJC Hope Center Church
-
Glory Church of Jesus Christ Church
-
IATIA CHERISH MISSION Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.02M
Owner & transaction history
Glory Church Of Jesus Christ · 10 yrs held
Glory Church Of Jesus Christ
since 2016
7 recorded transactions
Zoning & alternative use
LAM2 · 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
$37 / 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
$7,264
Tax year 2024
Assessed value
$26,313,959
Assessed 2024
Previous assessed
$26,313,959
+0.0% YoY
Effective rate
0.03%
On assessed value
Assessed land
$20,231,332
Assessed improvement
$6,082,627
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
Theaters & concert halls
Use group
AUDITORIUM
Status
Off-Market
Year built
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
53,850 SF
Lot
3.78 ac (164,473 SF)
Zoning code
LAM2
APN
5126-012-019
UPID
US09-7695678
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM2 · Los Angeles, CA
Zoning LAM2 · permitted uses
LAM2 · 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
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
3.78 ac
Current owner
From public records · entity-resolved
Glory Church Of Jesus Christ
Entity
Mailing address
1801 S GRAND AVE, LOS ANGELES, CA 90015-3505
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2016
—
Glory Church Of Jesus Christ
Gcjc LLC
Grant Deed
$15,391,186 · Hanmi Bank
May 15, 2012
—
Gcjc LLC
—
Deed Of Trust
related
$17,000,000 · Hanmi Bank
Jul 18, 2005
$25,000,000
Gcjc LLC
Anjac Trust
Grant Deed
$18,500,000 · Anjac Trust
Mar 29, 2004
—
Mark J Abrams
Abrams,laura A
Quit Claim Deed
related
—
Apr 9, 1999
—
Needleman,jack & Annette Tr
—
Deed Of Trust
related
—
—
—
Gcjc LLC
—
Deed Of Trust
related
$1,000,000 · Hanmi Bank
—
—
Glory Church Of Jesus Christ
—
Deed Of Trust
related
$1,000,000 · Bank Of Hope
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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