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Property profile & analytics
FOR SALE
Office buildings
209 N Pacific Ave, Los Angeles, CA 90731
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7169004
For Sale
1 / 5
$1,595,000
209 N Pacific Ave, Los Angeles, CA 90731
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2003
Construction
TILT-UP CONCRETE
Total area
3,190 SF
Lot
0.21 ac (9,002 SF)
Zoning code
LAC2
APN
7448-032-029
UPID
US09-7169004
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.36M
Blend (final)
Blend
$2.30M
Owner & transaction history
Harvest Small Business Finance LLC · 1 yrs held
Harvest Small Business Finance LLC
since 2025
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
LAC2 · San Pedro, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.9M
+35.7%
Auto repair, garage
$1.5M
+3.1%
Medical building
$1.5M
+1.4%
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
$2,205,000
ML approach
$2,240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,430,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,940,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,475,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$1,450,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$2.30M
Range $2.07M – $2.52M · ±10% · vs last sale $2.34M (May 11 2022)
Last sale anchor
$2.34M
May 11 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
$719 / 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
$30,088
Tax year 2024
Assessed value
$2,434,536
Assessed 2024
Previous assessed
$2,434,536
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,664,640
Assessed improvement
$769,896
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Sale
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Total area
3,190 SF
Lot
0.21 ac (9,002 SF)
Zoning code
LAC2
APN
7448-032-029
UPID
US09-7169004
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · San Pedro, CA
Zoning LAC2 · permitted uses
LAC2 · San Pedro, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Pedro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.5M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Harvest Small Business Finance LLC
Entity
Mailing address
940 N WESTERN AVE STE A, SAN PEDRO, CA 90732-2403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2025
$1,676,000
Harvest Small Business Finance LLC
Westhout Md INC
Trust Deed
related
—
May 11, 2022
$2,340,000
Westhout Md INC
Mostafa S Rahimi
Grant Deed
$1,755,000 · Harvest Small Business Finance LLC
May 1, 2018
—
Mostafa S Rahimi
—
Deed
related
$840,000 · Bank Of The West
Nov 18, 2014
—
Mostafa S Rahimi
Mostafa S Rahimi
Intrafamily Transfer
related
$300,000 · Western FCU
Jun 25, 2014
$400,000
Mostafa S Rahimi
Esteva,jahan
Grant Deed
—
Apr 27, 1990
—
Sbarounis Anthon
Sbaro
Quit Claim Deed
related
—
Sep 20, 1989
—
Sharounis Anthon
Sharo
Quit Claim Deed
related
—
Feb 17, 1988
—
Sbarounis Anthon
Lawye
Quit Claim Deed
related
—
—
—
Anthony A Sbarounis
—
Deed Of Trust
related
$75,000 · Los Angeles County C
—
—
Sbarounis Anthon
—
Deed Of Trust
related
$200,000 · Bank Of San Pedro
—
—
Jahan Esteva
—
Deed Of Trust
related
$400,000 · Hassan Aghnami
—
—
Mostafa S Rahimi
—
Deed Of Trust
related
$840,000 · Bank Of The West
—
—
Sbarounis Anthon
—
Deed Of Trust
related
$163,000 · Sher Sophie&
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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