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Property profile & analytics
FOR LEASE
Investment properties
2313 Westwood Blvd los angeles, Los Angeles, CA 90015
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7289619
For Lease
1 / 5
$1,035,000
2313 Westwood Blvd,Unit los angeles, Los Angeles, CA 90015
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1949
Construction
WOOD
Total area
5,400 SF
Lot
0.16 ac (6,757 SF)
Zoning code
LAC4
APN
4322-003-020
UPID
US09-7289619
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
-
Melissa Block Alternative Medicine Practice Acupuncture
-
ME Beauty Spa Westwood Spa & Massage Center Skin Care Clinic
-
AcuLibrium Acupuncture Alternative Medicine Practice Acupuncture
-
Natures Harvest Alliance Inc Association Or Organization
-
L A US Dcds Secondary High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.04M
Owner & transaction history
Our Elco LLC · 22 yrs held
Our Elco LLC
since 2004
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
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)
$1,620,000
Current use
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±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
$192 / 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
$25,892
Tax year 2024
Assessed value
$2,090,861
Assessed 2024
Previous assessed
$2,090,861
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,742,390
Assessed improvement
$348,471
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
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1949
Construction
WOOD
Heating
NONE
Stories
1
Total area
5,400 SF
Lot
0.16 ac (6,757 SF)
Zoning code
LAC4
APN
4322-003-020
UPID
US09-7289619
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Los Angeles, CA
Zoning 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
Los Angeles. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
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
1949
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Our Elco LLC
Entity
Mailing address
4609 DUNMAN AVE, WOODLAND HILLS, CA 91364-3817
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2016
—
Our Elco Lc
—
Deed
related
$1,085,000 · Jpmorgan Chase Bank NA
Feb 10, 2004
—
Our Elco LLC
Our Elco LLC
Quit Claim Deed
related
$1,070,000 · East-west Investment INC
Jul 12, 2001
—
Westwood B
Brown,s M&m K Co-trustees
Quit Claim Deed
related
—
Nov 2, 2000
$458,500
Brown Trust
2315 Westwood Associates
Grant Deed
related
$695,000 · Seller
Dec 4, 1992
$134,000
Syed M Hasan
2311 4th Street
Grant Deed
$90,000 · North American Mortgage
—
—
Westwood As 2315
—
Deed Of Trust
related
$795,000 · Glendale Federal Bank
—
—
Westwood B&y LLC
—
Deed Of Trust
related
$805,000 · Imperial Capital Bank
—
—
Our Elco LLC
—
Deed Of Trust
related
$800,000 · Westwood B & Y LLC
—
—
Our Elco LLC
—
Deed Of Trust
related
$1,100,000 · Wilshire State Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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