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Property profile & analytics
FOR SALE
Warehouses
216 S Alameda St, Los Angeles, CA 90013
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0444336
For Sale
1 / 2
$11,950,000
216 S Alameda St, Los Angeles, CA 90013
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1924
Total area
66,867 SF
Lot
0.91 ac (39,479 SF)
Zoning code
LAM3
APN
5163-009-005
UPID
US10-0444336
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
-
Angel City Brewery Production Facility Brewery & Distillery
-
Truly LA Bar & Pub
-
La Chicas Taquitos Restaurant
-
Doña Estela Restaurant
-
Downtown Taco Co. Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.77M
Owner & transaction history
216 S Alameda St LLC · 19 yrs held
216 S Alameda St LLC
since 2006
6 recorded transactions
Zoning & alternative use
LAM3 · 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
$101 / 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
$47,034
Tax year 2024
Assessed value
$3,369,952
Assessed 2024
Previous assessed
$3,369,952
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,221,525
Assessed improvement
$2,148,427
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1924
Heating
NONE
Stories
3
Total area
66,867 SF
Lot
0.91 ac (39,479 SF)
Zoning code
LAM3
APN
5163-009-005
UPID
US10-0444336
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM3 · Los Angeles, CA
Zoning LAM3 · permitted uses
LAM3 · 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
1924
Heating
NONE
Stories
3
Lot
0.91 ac
Current owner
From public records · entity-resolved
216 S Alameda St LLC
Entity
Mailing address
78 W STATE ST, PASADENA, CA 91105-3442
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2024
—
Gabrielle Buckley
—
Deed
related
$830,000 · Farmers & Merchants Bank Of Long Beach
Sep 28, 2006
—
216 S Alameda St LLC
Arranaga Robert Fam Trust
Grant Deed
—
Aug 25, 1995
—
Arranaga Robert
Arranaga,r & L G
Quit Claim Deed
related
—
Aug 16, 1995
—
Robert Arranaga
Shiva Inv,
Quit Claim Deed
related
—
—
—
216 S Alameda St LLC
—
Deed Of Trust
related
$1,100,000 · Farmers & Merchants Bk/lng Bch
—
—
Shiva Investment
—
Deed Of Trust
related
$145,900 · Small Business Associates
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?”
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