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    212 S Atlantic Blvd Los Angeles, CA 90022

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    212 S Atlantic Blvd Los Angeles, CA 90022

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    • Investment properties
    • 14,276 SF
    • 0.38 lot acres
    For Lease
    $1.95 SF/Yr
    View Listing →
    Versatile Retail/Office Space Available For Lease
    $1.95 SF/Yr
    14,276 SF

    Versatile Retail/Office Space Available

    Flexible layout suitable for various professional uses in Los Angeles.

    212 S Atlantic Blvd, Los Angeles, CA 90022
    View Listing
    Property ID
    US09-6451878
    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

    • Gabrie Dental Center / Dental Office
    • Atlantic Injury Center / Medical Clinic / Alternative Medicine Practice
    • Kerrie Pratt / Alternative Medicine Practice
    • Pratt Family Chiropractic & Wellness Spa / Alternative Medicine Practice
    • Sobador Wellness Center / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 212 S Atlantic Blvd

    Year built
    1989
    Construction
    WOOD
    Lot size
    0.38 lot acres
    Property size
    14,276 SF
    Zone code
    LCC3*
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    5250-022-034
    APU
    5250022034

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,105,000
      6.5%
      $3,790,000
      7%
      $3,520,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,920,000
      Market price range: $1.45M - $3.92M
      AI Estimate
      $2,822,000
      Market price range: $1.08M - $2.82M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,540,000
      Current use
      WAREHOUSE, STORAGE
      $3,990,000
      Change: +57% Conversion: Difficult
      OFFICE BUILDING
      $3,465,000
      Change: +36% Conversion: Easy
      RETAIL STORES
      $3,215,000
      Change: +27% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.151
    Latitude
    34.0341
    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
    $71,721
    $1,839,927
    $3,642,574
    $5,482,501
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,275,000
      11,483 SF

      615 Atlantic Blvd

      STORE/OFFICE (MIXED USE) • 11,483 SF
      615 Atlantic Blvd, Los Angeles, CA 90022-3211
      View Details
    • Value Estimation
      $3,500,000
      27,376 SF

      623 Atlantic Blvd

      STORE/OFFICE (MIXED USE) • 27,376 SF
      623 Atlantic Blvd, Los Angeles, CA 90022
      View Details
    • Value Estimation
      $2,210,000
      18,440 SF

      757 Fetterly Ave

      STORE/OFFICE (MIXED USE) • 18,440 SF
      757 Fetterly Ave, Los Angeles, CA 90022-2549
      View Details
    • Value Estimation
      $580,000
      2,352 SF

      5254 Pomona Blvd

      STORE/OFFICE (MIXED USE) • 2,352 SF
      5254 Pomona Blvd, Los Angeles, CA 90022-1713
      View Details
    • Value Estimation by Request
      1,425 SF

      5215 Beverly Blvd

      STORE/OFFICE (MIXED USE) • 1,425 SF
      5215 Beverly Blvd, Los Angeles, CA 90022-2001
      View Details
    • Value Estimation
      $605,000
      8,630 SF

      4734 Whittier Blvd

      STORE/OFFICE (MIXED USE) • 8,630 SF
      4734 Whittier Blvd, Los Angeles, CA 90022
      View Details

    Similar Nearby for Sale

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      Mixed-Use Building in East LA

      Mixed-use property with commercial and residential income potential.
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      3,040 SF

      Los Angeles Mixed-Use Investment

      Commercial/Residential property in Los Angeles with high visibility.
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    • $1,299,900
      2,515 SF

      Versatile Commercial Mixed-Use Property

      Commercial/mixed-use property with high visibility in East Los Angeles.
      4771 Cesar E Chavez Ave E Chavez, Los Angeles, CA 90022
      View Details
    • Contact for pricing
      10,389 SF

      Live Work Space with Parking

      Renovated live/work space near DTLA with ample parking.
      5209-5211 Telegraph Rd, Los Angeles, CA 90022
      View Details

    Similar Nearby for Lease

    • $2,900 /Mo

      East LA Mixed-Use Property

      Adaptable live/work space or small business opportunity in vibrant location.
      5709 E Beverly Blvd, Los Angeles, CA 90022
      View Details
    • Contact for pricing
      2,825 SF

      Live Work Space with Parking

      Live/work space with apartment, parking, and freeway visibility.
      5209 Telegraph Rd, Los Angeles, CA 90022
      View Details
    • $0.85 SF/Yr

      Renovated Manufacturing Building Near Freeway

      Manufacturing building with freeway visibility, 10 minutes from DTLA.
      5211 Telegraph Rd, East Los Angeles, CA 90022
      View Details
    • $1.30 SF/Yr

      Telegraph Road Live-Work Space

      Live-work space with parking and renovated apartment near DTLA.
      5209 Telegraph Rd, East Los Angeles, CA 90022
      View Details
    • Contact for pricing

      Retail Opportunity on Whittier Boulevard

      Retail space available on a busy street.
      4771 Whittier Blvd, Los Angeles, CA 90022
      View Details
    View Listing
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    212 S Atlantic Blvd
    Los Angeles, CA 90022
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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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