New search
Property profile & analytics
OFF-MARKET
Theaters & concert halls
2127 Pico Blvd Los Angeles, CA 90006
Individually Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8172940
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1914
Construction
TILT-UP CONCRETE
Total area
6,573 SF
Lot
0.15 ac (6,582 SF)
Zoning code
LAC2
APN
5136-024-020
UPID
US09-8172940
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Farhad Yaghoubi · 16 yrs held
Farhad Yaghoubi
since 2010
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,106
Tax year 2024
Assessed value
$485,399
Assessed 2024
Previous assessed
$485,399
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$398,734
Assessed improvement
$86,665
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1914
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
3
Total area
6,573 SF
Lot
0.15 ac (6,582 SF)
Zoning code
LAC2
APN
5136-024-020
UPID
US09-8172940
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.
Building & site characteristics
From public records
Year built
1914
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
3
Lot
0.15 ac
Current owner
From public records · entity-resolved
Farhad Yaghoubi
Individual
Free & Clear · 16 yrs held
Mailing address
732 S LOS ANGELES ST, LOS ANGELES, CA 90014-2150
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2018
—
Farhad Yaghoubi
—
Deed
related
$550,000 · John JR Nesler
Mar 1, 2010
—
Farhad Yaghoubi
Sefaradi,elham
Quit Claim Deed
related
—
Dec 19, 1991
$280,000
Farhad Yaghoubi
Mission Viejo NA
Grant Deed
$160,000 · Individual
Oct 15, 1991
$276,967
Viejo NA Mission
Mendoza,carlos
Trustees Deed
related
—
—
—
Farhad Yaghoubi
—
Deed Of Trust
related
$100,000 · Individual
—
—
Carlos A Mendoza
—
Deed Of Trust
related
$345,000 · Talbert Financial
—
—
Carlos A Mendoza
—
Deed Of Trust
related
$125,000 · Topa Insurance Co
—
—
Farhad Yaghoubi
—
Deed Of Trust
related
$750,000 · Pacific City Bank
—
—
Farhad Yaghoubi
—
Deed Of Trust
related
$550,000 · John JR Nesler
—
—
Farhad Yaghoubi
—
Deed Of Trust
related
$100,000 · Individual
—
—
Farhad Yaghoubi
—
Deed Of Trust
related
$125,000 · Bahram Ahlzadeh
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2127 Pico Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
