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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1810 W Pico Blvd Los Angeles, CA 90006

    • Manufacturing properties
    • 10,200 SF
    • 0.27 lot acres
    For Lease
    View listing
    $1.35 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7281370
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mision Evangelica del Espiritu Santo Santuarios Monte Sinai / Church

    Property Details for 1810 W Pico Blvd

    Year built
    1920
    Construction
    TILT-UP CONCRETE
    Lot size
    0.27 lot acres
    Property size
    10,200 SF
    Zone code
    LACM
    Property type
    Manufacturing properties
    APN
    5135-005-010
    APU
    5135005010

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,247,000
      Market price range: $1.25M - $5.04M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.28
    Latitude
    34.0454
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,153
    $102,370
    $162,129
    $264,499
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,070,000
      15,824 SF

      1800 Pico Blvd

      MANUFACTURING (LIGHT) • 15,824 SF
      1800 Pico Blvd, Los Angeles, CA 90006-5007
      View Details
    • Value Estimation
      $1,315,000
      9,217 SF

      1433 Venice Blvd

      MANUFACTURING (LIGHT) • 9,217 SF
      1433 Venice Blvd, Los Angeles, CA 90006-4817
      View Details
    • Value Estimation by Request
      4,220 SF

      1665 Venice Blvd

      MANUFACTURING (LIGHT) • 4,220 SF
      1665 Venice Blvd, Los Angeles, CA 90006-4662
      View Details
    • Value Estimation
      $630,000
      6,936 SF

      1726 Venice Blvd

      MANUFACTURING (LIGHT) • 6,936 SF
      1726 Venice Blvd, Los Angeles, CA 90006-4527
      View Details
    • Value Estimation
      $3,915,000
      20,607 SF

      1929 Pico Blvd

      MANUFACTURING (LIGHT) • 20,607 SF
      1929 Pico Blvd, Los Angeles, CA 90006-5008
      View Details
    • Value Estimation
      $1,085,000
      7,989 SF

      2869 Pico Blvd

      MANUFACTURING (LIGHT) • 7,989 SF
      2869 Pico Blvd, Los Angeles, CA 90006-3909
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,908 SF

      Koreatown Flex Building For Sale

      Flex building in Koreatown, suitable for various business uses.
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      Mixed-Use Building Near South Park

      Well-maintained mixed-use building with warehouse, offices, and apartment.
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      Koreatown Showroom-Warehouse on Large Lot

      Commercial property with showroom-warehouse in Koreatown, Los Angeles.
      963 S Western Ave, Los Angeles, CA 90006
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    • $1,800,000
      5,610 SF

      Mixed-Use Building with Apartment

      Well-maintained commercial building with warehouse, offices, and apartment.
      1451 Malvern Ave, Los Angeles, CA 90006
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    • $2,450,000

      Koreatown 25-Unit Development Land

      Prime Koreatown location, 11,800 sq ft lot.
      1139 Kingsley Dr, Los Angeles, CA 90006
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      5,935 SF

      New Multifamily Property Near Downtown LA

      Fully occupied four-unit multifamily property built in 2023 near Downtown.
      1733 S New Hampshire Ave, Los Angeles, CA 90006
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,000 SF

      Manufacturing Building with Secured Yard

      M2 Zoned manufacturing building with secured yard available for rent.
      3045 E 11Th St, Los Angeles, CA 90006
      View Details
    • Contact for pricing
      47,207 SF

      Warehouse with Freeway Access

      Warehouse with immediate access to major freeways and secure yard.
      2303 E 11Th St, Los Angeles, CA 90006
      View Details
    • $1.35 SF/Yr
      12,000 SF

      12,000 SF Renovated Pico/Union Industrial Facility For Lease

      12,000 SF Renovated Pico/Union Industrial Facility For Lease
      1810 W Pico Blvd, Los Angeles, CA 90006
      View Details
    • $3,988 /Mo
      1,943 SF

      Modern Townhouse with Premium Finishes

      Spacious 5 bed, 5 bath townhouse with modern upgrades.
      1822 S Orchard Ave, Los Angeles, CA 90006
      View Details
    • $3 SF/Yr
      1,224 SF

      Retail Space on Pico Boulevard

      Retail space available for rent on West Pico Boulevard.
      2105 W Pico Blvd, Los Angeles, CA 90006
      View Details
    • $18 SF/Yr
      21,653 SF

      Olympic-Hoover Center Office Suites

      LA Office Space: Prime Location, Flexible Sizes
      2300 Olympic Blvd, Los Angeles, CA 90006
      View Details
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    1810 W Pico Blvd
    Los Angeles, CA 90006
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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