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Financial
Distress signals
Property profile

242 1st St Los Angeles, CA 90012

OFF-MARKET
Banks
Property ID
US10-0468017
9,456 SF 0.14 ac lot Built 1908
Last sale Aug 1989 · $3,000,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$709k
Assessed land$633k
Assessed improvement$75k
Effective rate1.37%

Value estimate

· Oct 2026
$305k
$275k – $336k
AI approach$275k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$540/SF
Submarket average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$263 – $811

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LAC2
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat7.6
Tanning Salon6.4
Adult Day Care Center6.2

Location

242 1st St Los Angeles, CA 90012-3801
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
323 1st, Los Angeles, CA 90012-3901 $3,822,500 Aug 2025 10,035 SF
686 Spg, Los Angeles, CA 90012-2835 $4,995,049 Oct 2023 10,327 SF
700 Spg, Los Angeles, CA 90012-2824 $7,900,079 Jun 2022 6,572 SF
207 Ord, Los Angeles, CA 90012-2831 $2,050,020 Oct 2021 6,550 SF
212 Spg, Los Angeles, CA 90012 $5,600,056 Feb 2020 12,710 SF
1130 2nd, Los Angeles, CA 90012-2008 $5,300,053 Mar 2019 6,491 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $2,990,000
    9,199 SF
    326 2nd St
    RETAIL STORES (PERSONAL SERVICES)
    326 2nd St, Los Angeles, CA 90012-4221
    View Details
  • Value Estimation
    $445,000
    11,313 SF
    951 Broadway
    FINANCIAL BUILDING
    951 Broadway, Los Angeles, CA 90012-1706
    View Details
  • Value Estimation
    $5,535,000
    12,710 SF
    212 Spg St
    RETAIL STORES (PERSONAL SERVICES)
    212 Spg St, Los Angeles, CA 90012
    View Details
  • Value Estimation
    $440,000
    14,740 SF
    324 1st St
    FINANCIAL BUILDING
    324 1st St, Los Angeles, CA 90012-3823
    View Details
  • Value Estimation
    $1,925,000
    5,676 SF
    648 New High St
    RETAIL STORES (PERSONAL SERVICES)
    648 New High St, Los Angeles, CA 90012-2807
    View Details
  • Value Estimation
    $2,800,000
    16,632 SF
    1050 Sunset Blvd
    RETAIL STORES (PERSONAL SERVICES)
    1050 Sunset Blvd, Los Angeles, CA 90012-2102
    View Details

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