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Property profile & analytics
FOR SALE
Investment properties
2313 1St St Los Angeles, CA 90033
Individually Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6838036
For Sale
1 / 46
$1,599,000
2313 1St St, Los Angeles, CA 90033
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1915
Construction
WOOD
Total area
3,655 SF
Lot
0.11 ac (4,765 SF)
Zoning code
LAC2
APN
5183-005-047
UPID
US09-6838036
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
$703k
Blend (final)
Blend
$655k
Owner & transaction history
Volunteers Of America Of Los Ang · 16 yrs held
Volunteers Of America Of Los Ang
since 2010
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.0M
+96.0%
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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$520,000
Current use
WAREHOUSE, STORAGE
$1,020,000
Change: +96% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±10%
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
$179 / 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
$10,353
Tax year 2024
Assessed value
$787,495
Assessed 2024
Previous assessed
$787,495
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$579,488
Assessed improvement
$208,007
Applied tax rate
12.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1915
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
3,655 SF
Lot
0.11 ac (4,765 SF)
Zoning code
LAC2
APN
5183-005-047
UPID
US09-6838036
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$520,000
WAREHOUSE, STORAGE
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1915
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Volunteers Of America Of Los Ang
Individual
Mailing address
2100 AARON ST, LOS ANGELES, CA 90026-1722
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2023
—
Manuel Labansat
—
Deed
related
$650,000 · Axos Bank
Feb 11, 2022
—
Manuel Labansat
—
Deed
related
$350,000 · Castle Mortgage Corp
Jan 21, 2010
—
Volunteers Of America Of Los Ang
Secretary Of Health & Human Svcs
Quit Claim Deed
related
—
Apr 2, 2008
$157,500
Manuel Labansat
Ramos,rosario D
Grant Deed
—
Jun 5, 2007
—
Rosario Delgadillo Ramos
Rosario Delgadillo Ramos
Intrafamily Transfer
related
$450,000 · Metwest Commercial Lender INC
Nov 18, 2005
—
Rosario D Ramos
Ramos,rosario D
Quit Claim Deed
related
—
Jan 26, 1999
—
Maria R Ramos
—
Deed Of Trust
related
—
May 3, 1972
—
—
—
Grant Deed
related
—
—
—
Maria R Ramos
—
Deed Of Trust
related
$80,000 · Donald A Gralla #9117899-000
—
—
Rosario D Ramos
—
Deed Of Trust
related
$250,000 · Fanciers
—
—
Maria R D Ramos
—
Deed Of Trust
related
$23,000 · Arthur Daza
—
—
Maria R Ramos
—
Deed Of Trust
related
$130,000 · Donald A Gralla
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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