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Property profile & analytics
OFF-MARKET
Estimated value
$2,115,000
Turn key restaurants
217 6th St Los Angeles, CA 90014-1801
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7193521
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1898
Construction
TILT-UP CONCRETE
Total area
18,204 SF
Lot
0.11 ac (4,784 SF)
Zoning code
LAC5
APN
5149-035-010
UPID
US09-7193521
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
-
Dutch Chocolate Shop Tour Operator
-
TROPHY ROOM Department Store
-
The Local News Stand (Bike/Boat/Book/etc) Store Newspaper & Magazine
-
Flower Delivery Downtown (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.84M
Blend (final)
Blend
$2.12M
Owner & transaction history
Abbas Zahedi · 1 yrs held
Abbas Zahedi
since 2024
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
LAC5 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.12M
Range $1.90M – $2.33M · ±10% · vs last sale $2.25M (Sep 6 2024)
Last sale anchor
$2.25M
Sep 6 2024
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
$116 / 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
$60,210
Tax year 2024
Assessed value
$4,494,422
Assessed 2024
Previous assessed
$4,494,422
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$2,787,679
Assessed improvement
$1,706,743
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1898
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
18,204 SF
Lot
0.11 ac (4,784 SF)
Zoning code
LAC5
APN
5149-035-010
UPID
US09-7193521
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC5 · Los Angeles, CA
Zoning LAC5 · permitted uses
LAC5 · 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
1898
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Abbas Zahedi
Individual
Mailing address
13397 W BAKER DR, PEORIA, AZ 85383-5420
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2024
$2,250,000
Abbas Zahedi
Paula J Mchale
Grant Deed
—
Dec 6, 2024
—
Abbas Zahedi
Silvia Yanet Mendoza Pastrana
Deed
related
—
Aug 16, 2022
—
Paula J Mchale
—
Deed
related
$1,700,000 · The Harvey And Laura Alpert Community Pr
Dec 17, 2020
—
Aslan,moses N Living Trust
—
Deed Of Trust
related
$225,000 · Poteshman Melvin I Trus (pt)
Jul 5, 2018
—
Aslan,moses N Living Trust
—
Deed
related
$1,000,000 · Byer Michele Trust (pt)
Sep 28, 2016
—
Paula J Mchale
Aslan,moses N
Affidavit Of Death
$2,500,000 · Private Individual
Dec 16, 2014
—
Aslan,moses N Living Trust
Aslan,moses N
Quit Claim Deed
related
—
Aug 13, 2013
—
Moses N Aslan
Aslan Ezra I Trust
Quit Claim Deed
related
$300,000 · Byer Michelle Trust (pt)
Mar 14, 2013
—
Moses N Aslan
Aslan,ezra I
Affidavit Of Death
related
—
Oct 2, 2006
—
Aslan Ezra I Living Trust
Aslan,ezra I
Quit Claim Deed
related
—
Feb 5, 1988
$206,500
Ezra I Aslan
Unknown
Grant Deed
—
—
—
Moses N Aslan
—
Deed Of Trust
related
$425,000 · Byer Michele Trust (pt)
—
—
Aslan,moses N Trust
—
Deed Of Trust
related
$2,500,000 · Private Individual
—
—
Aslan,moses N Living Trust
—
Deed Of Trust
related
$1,000,000 · Byer Michele Trust (pt)
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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