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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Turn key restaurants
2131 Colorado Blvd Los Angeles, CA 90041-1221
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7309384
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1948
Construction
TILT-UP CONCRETE
Total area
5,533 SF
Lot
0.17 ac (7,447 SF)
Zoning code
LAC4
APN
5671-010-003
UPID
US09-7309384
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
-
Penny Oven Restaurant
-
Carpet Cleaning Eagle Rock CA Carpet Cleaning Service
-
Relentless Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.09M
Owner & transaction history
Colorado Blvd Properties LLC · 12 yrs held
Colorado Blvd Properties LLC
since 2014
7 recorded transactions
Zoning & alternative use
LAC4 · 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
$197 / 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
$35,408
Tax year 2024
Assessed value
$2,859,618
Assessed 2024
Previous assessed
$2,859,618
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$2,003,080
Assessed improvement
$856,538
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
5,533 SF
Lot
0.17 ac (7,447 SF)
Zoning code
LAC4
APN
5671-010-003
UPID
US09-7309384
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Los Angeles, CAZoning LAC4 · permitted uses
LAC4 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Colorado Blvd Properties LLC
Entity
Mailing address
5900 WILSHIRE BLVD STE #2600, LOS ANGELES, CA 90036-5028
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2019
—
Colorado Corner LLC
—
Grant Deed
related
$2,625,000 · Jp Morgan Chase Bk
Mar 28, 2014
$1,750,000
Colorado Blvd Properties LLC
Colorado Caspar Associates Ltd
Grant Deed
related
$1,225,000 · Opus Bk
Sep 17, 2003
$237,500
Colorado Caspar Associates Ltd
Desjardins,tr
Grant Deed
$475,000 · Edcor Investments INC
—
—
Colorado-caspar Associates Ltd
—
Deed Of Trust
related
$445,000 · Bot Fin'l
—
—
Colorado-caspar Associates Ltd
—
Deed Of Trust
related
$320,000 · Verduco INC
—
—
Carolyn Y Desjardins
—
Deed Of Trust
related
$25,000 · Ryan Brosman & Hammers
—
—
Colorado-caspar Associates Ltd
—
Deed Of Trust
related
$720,000 · Far East National Bank
—
—
Colorado Caspar Associates Ltd
—
Deed Of Trust
related
$328,250 · Bright Hope Investments INC
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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