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Property profile & analytics
FOR SALE
Manufacturing properties
2010 W 62Nd St, Los Angeles, CA 90047
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0477995
For Sale
1 / 5
$3,999,999
2010 W 62Nd St, Los Angeles, CA 90047
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Property summary
AI-generated overview
This exceptional Los Angeles industrial property, located at 2010 W 62nd St, offers 26,114 square feet of space across a two-story brick building on a 28,740 sq ft lot. Built in 1926 and zoned M1, this stabilized investment boasts 11 tenants in a modified lease structure, generating a 5.00% cap rate and a pro-forma NOI of $225,118. The asking price is $4,449,998 ($170.41/sq ft, $404,545.27/unit). Features include two dock-high doors, a ground-level roll-up door, and 20 parking spaces within a gated lot. The property benefits from paid-off solar panels, significantly reducing energy costs. Freight elevators facilitate efficient goods transport. The property offers a value-add opportunity for conversion to a single or double-tenant occupancy. Occupancy date is June 13, 2024. A clean Phase 1 environmental report is available. This prime South Los Angeles location provides excellent visibility and accessibility.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1926
Construction
TILT-UP CONCRETE
Total area
26,114 SF
Lot
0.43 ac (18,921 SF)
Zoning code
LAM1
APN
6001-020-015
UPID
US10-0477995
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
-
Fast Auto Glass Pro Auto Repair Shop
-
Gramercy Studios Corporate Office
-
RCS Custom Exhibits Rental Equipment Company Tech Support Center
-
offe market (Bike/Boat/Book/etc) Store Clothing & Fashion Store
-
Star Precast Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.48M
Owner & transaction history
2010 West 62nd Street LLC · 10 yrs held
2010 West 62nd Street LLC
since 2015
7 recorded transactions
Zoning & alternative use
LAM1 · 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
$95 / 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
$16,560
Tax year 2024
Assessed value
$1,139,666
Assessed 2024
Previous assessed
$1,139,666
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$603,637
Assessed improvement
$536,029
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
1926
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
26,114 SF
Lot
0.43 ac (18,921 SF)
Zoning code
LAM1
APN
6001-020-015
UPID
US10-0477995
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM1 · Los Angeles, CA
Zoning LAM1 · permitted uses
LAM1 · 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
1926
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
2010 West 62nd Street LLC
Entity
Mailing address
3756 W AVE 40K465, LOS ANGELES, CA 90065-3665
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2022
—
2010 West 62nd Street LLC
—
Deed
related
$2,250,000 · Logix FCU
Oct 14, 2015
—
2010 West 62nd Street LLC
Mario F Chavarria
Grant Deed
$1,250,000 · Wells Fargo Bank NA
Jan 25, 2013
$1,300,000
Mario F Chavarria
Loretta Kay Flores
Grant Deed
$650,000 · Community Bank
Jun 21, 2005
$1,310,000
Flores Loretta K Trust
Gutierrez,benjamin & Aurora
Grant Deed
$618,000 · Berger Herbert A & E F Trust
Mar 27, 2001
$813,000
Benjamin Gutierrez
Berger Trust
Grant Deed
$640,000 · Berger Trust
Mar 27, 2001
—
Berger,herbert A & Evelyn F Tr
Berger,h A & E F
Quit Claim Deed
related
—
Jan 14, 1999
—
Berger Herbert A
Berger,h A & E F
Quit Claim Deed
related
—
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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