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Property profile & analytics
OFF-MARKET
Estimated value
$13,030,000
Hotels
208 Hl St Los Angeles, CA 90012-3503
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0480506
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1923
Construction
TILT-UP CONCRETE
Total area
52,620 SF
Lot
0.29 ac (12,832 SF)
Zoning code
LAC2
APN
5149-009-017
UPID
US10-0480506
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
-
Cherry Pick Cafe Cafe & Coffee Shop
-
Mauricio Cherry Pick LLC Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.29M
CAP Approach
CAP
$10.38M
Comparable Approach
Comparable
$14.58M
Blend (final)
Blend
$13.03M
Owner & transaction history
Kawada Company Ltd · 4 yrs held
Kawada Company Ltd
since 2022
Last sale
$16.0M
4 recorded transactions
Zoning & alternative use
LAC2 · 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
Method
Estimation
Statistic approach
$12,930,000
ML approach
$8,290,000
CAP Approach
CAP Return
Estimation
6%
$11,250,000
6.5%
$10,380,000
7%
$9,640,000
Alternative Use
Use
Estimation
RETAIL STORES
$21,605,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$13.03M
Range $11.73M – $14.33M · ±10% · vs last sale $16.00M (Mar 31 2022)
Last sale anchor
$16.00M
Mar 31 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$248 / 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
$105,701
Tax year 2024
Assessed value
$7,777,939
Assessed 2024
Previous assessed
$7,777,939
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$2,928,648
Assessed improvement
$4,849,291
Applied tax rate
13.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
4
Units
116
Total area
52,620 SF
Lot
0.29 ac (12,832 SF)
Zoning code
LAC2
APN
5149-009-017
UPID
US10-0480506
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning LAC2 · permitted uses
LAC2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$21.6M
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
4
Units
116
Lot
0.29 ac
Current owner
From public records · entity-resolved
Kawada Company Ltd
Entity
Mailing address
222 S HL ST #1, LOS ANGELES, CA 90012-3506
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
$16,000,000
Kawada Company Ltd
Kawada Company Of America Ltd
Grant Deed
—
Mar 29, 2017
—
Kawada Company Of America Ltd
—
Deed
related
$6,325,000 · East West Bank
—
—
Kawada Co Of America Ltd
—
Deed Of Trust
related
$5,000,000 · Hong Kong & Shanghai Banking
—
—
Kawada Co Of America Ltd
—
Deed Of Trust
related
$500,000 · Highland Federal 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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