Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1812 Broadway Los Angeles, CA 90031-2525
    Back to Search
    Property profile & analytics

    1812 Broadway, Los Angeles, CA 90031-2525

    View on Map
    • Turn key restaurants
    • 2,020 SF
    • 0.08 lot acres
    Off-Market
    Last Sale Oct 16, 2023
    $380,000
    Property ID
    US09-7786883
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 1812 Broadway

    Year built
    1925
    Construction
    TILT-UP CONCRETE
    Lot size
    0.08 lot acres
    Zone code
    LAUV(CA)
    Property type
    Turn key restaurants
    APN
    5447-025-008
    APU
    5447025008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 8, 2025 — The Roger Herman Revocable Trust Roger Herman Deed · related —
    Oct 16, 2023 — Eika Aoshima Eika Aoshima Intrafamily Transfer · related —
    Jul 3, 2014 — Eika Aoshima Herman,roger R Quit Claim Deed · related —
    Jul 3, 2014 $380,000 Eika Aoshima Vasquez,maria A Grant Deed —
    Feb 28, 2006 — Maria A Vasquez Vasquez,jose G Quit Claim Deed · related —
    Feb 28, 2006 $365,000 Maria A Vasquez Cheng,charlie H Grant Deed $219k · East West Bank
    Jan 31, 2003 $145,000 Charlie H Cheng Ly,ngoc M Grant Deed —
    May 3, 1988 $140,000 Chau Jeanny Perez Grant Deed $100k · Perez Jose B&car

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.222
    Latitude
    34.0715
    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
    $6,288
    $160,244
    $287,497
    $447,741
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,187 SF

      1930 Pasadena Ave

      RESTAURANT
      1930 Pasadena Ave, Los Angeles, CA 90031-1723
      View Details
    • Value Estimation by Request
      4,685 SF

      2817 Main St

      RESTAURANT
      2817 Main St, Los Angeles, CA 90031-3322
      View Details
    • Value Estimation
      $785,000
      4,571 SF

      3105 Broadway

      RESTAURANT
      3105 Broadway, Los Angeles, CA 90031-2703
      View Details
    • Value Estimation by Request
      3,593 SF

      2419 Broadway

      RESTAURANT
      2419 Broadway, Los Angeles, CA 90031-2218
      View Details
    • Value Estimation
      $1,145,000
      1,488 SF

      2819 Broadway

      RESTAURANT
      2819 Broadway, Los Angeles, CA 90031-2611
      View Details
    • Value Estimation by Request
      5,207 SF

      2425 Daly St

      RESTAURANT
      2425 Daly St, Los Angeles, CA 90031-2220
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,488 SF

      Freestanding Taco Bell in Los Angeles

      Net leased Taco Bell located in Los Angeles, California.
      2819 N Broadway, Los Angeles, CA 90031
      View Details
    • $249,900
      1,000 SF

      Turn-key Carnicería in Lincoln Heights

      Newly built meat market with built-in clientele and growth potential.
      2690 Workman St, Lincoln Heights, CA 90031
      View Details
    • Contact for pricing
      479,160 SF

      Secured Parking Lot Near Downtown

      Fenced and lighted parking lot near Downtown Los Angeles.
      4000 N Mission Rd, Los Angeles, CA 90031
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Burbank Retail Space For Rent

      Prime retail space in the heart of Burbank.
      331 N San Fernando Blvd, Burbank, CA 90031
      View Details
    • Contact for pricing
      1,541,028 SF

      Unique Los Angeles Commercial Opportunity

      Exceptional 39-acre site near DTLA with multiple buildings.
      3900-4100 North Mission Rd, Los Angeles, CA 90031
      View Details
    • Contact for pricing
      65,190 SF

      Industrial Space Near Dodger Stadium

      Industrial property for lease with quick freeway access.
      310-330 Avenue 21 N, Los Angeles, CA 90031
      View Details
    • $2 SF/Yr
      5,782 SF

      Industrial Flex Building with Parking

      5,782 SF industrial/flex building with fenced parking for rent.
      Los, Los Angeles, CA 90031
      View Details
    • Contact for pricing
      213,493 SF

      Land Near Dodger Stadium

      Commercial land for lease near the Golden State Freeway.
      2131 Humboldt St, Los Angeles, CA 90031
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1812 Broadway
    Los Angeles, CA 90031-2525
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1812 Broadway, Los Angeles, CA, 90031
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!