Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2476 Hunter St Los Angeles, CA 90021-2504

    • Warehouses
    • 11,792 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimations
    $2,425,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8188189
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ufo -The Poodle Parlor / Warehouse

    Property Details for 2476 Hunter St

    Year built
    1937
    Construction
    TILT-UP CONCRETE
    Lot size
    0.29 lot acres
    Property size
    11,792 SF
    Zone code
    LAM3
    Property type
    Warehouses
    APN
    5168-030-001
    APU
    5168030001

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,965,000
      6.5%
      $2,735,000
      7%
      $2,540,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $3,620,000
      Current use
      COMMERCIAL (GENERAL)
      $3,530,000
      Change: -2% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.227
    Latitude
    34.0273
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $47,298
    $1,640,468
    $2,187,291
    $3,827,759
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,625,000
      31,628 SF

      1711 Central Ave

      WAREHOUSE, STORAGE • 31,628 SF
      1711 Central Ave, Los Angeles, CA 90021-3030
      View Details
    • Value Estimation
      $7,850,000
      87,704 SF

      2303 11th St

      MINI-WAREHOUSE, STORAGE • 87,704 SF
      2303 11th St, Los Angeles, CA 90021-2846
      View Details
    • Value Estimation
      $1,100,000
      9,360 SF

      934 11th St

      WAREHOUSE, STORAGE • 9,360 SF
      934 11th St, Los Angeles, CA 90021-2034
      View Details
    • Value Estimation
      $8,305,000
      79,680 SF

      2010 15th St

      WAREHOUSE, STORAGE • 79,680 SF
      2010 15th St, Los Angeles, CA 90021-2823
      View Details
    • Value Estimation
      $8,880,000
      79,736 SF

      2030 15th St

      WAREHOUSE, STORAGE • 79,736 SF
      2030 15th St, Los Angeles, CA 90021-2823
      View Details
    • Value Estimation
      $565,000
      4,400 SF

      777 Ceres Ave

      WAREHOUSE, STORAGE • 4,400 SF
      777 Ceres Ave, Los Angeles, CA 90021
      View Details

    Similar Nearby for Sale

    • $8,299,000
      28,667 SF

      Downtown LA Industrial Property

      Prime location, manufacturing/warehouse.
      1705-1707 20Th St, Los Angeles, CA 90021
      View Details
    • Contact for pricing
      40,479 SF

      Los Angeles Industrial Warehouse

      40,479 SF Vacant Warehouse, Downtown LA
      1811 Sacramento St, Los Angeles, CA 90021
      View Details
    • $7,500,000
      18,000 SF

      Gladys Ave Warehouse - $7.5M

      Fashion District Warehouse, 18,000 SF
      718 Gladys Ave, Los Angeles, CA 90021
      View Details
    • Contact for pricing
      14,495 SF

      Free Standing Building For Sale

      Free standing building with parking and flexible layout.
      727 E Pico Blvd, Los Angeles, CA 90021
      View Details
    • $4,000,000
      13,230 SF

      Two Buildings in DTLA Core

      Two buildings totaling 13,230 SF in DTLA core.
      774-778 Merchant St, Los Angeles, CA 90021
      View Details
    • $2,700,000
      9,516 SF

      Two Joined Warehouses in Opportunity

      Two contiguous industrial properties in the heart of Los Angeles.
      1410 Elwood St, Los Angeles, CA 90021
      View Details

    Similar Nearby for Lease

    • $0.85 SF/Yr
      40,500 SF

      Industrial Building in LA Arts District

      Class A industrial building with secure rooftop parking.
      1920 Violet St, Los Angeles, CA 90021
      View Details
    • $1.35 SF/Yr
      10,880 SF

      Industrial Building in Fashion District

      Renovated industrial building with high ceilings, accessible location.
      782-788 E 14Th St, Los Angeles, CA 90021
      View Details
    • Contact for pricing
      4,640 SF

      Industrial Space with Dock High

      Industrial space featuring dock high doors and short term lease.
      1320 E 6Th St, Los Angeles, CA 90021
      View Details
    • $14,160 /Mo

      Industrial Building with Fenced Yard

      Single tenant industrial building with convenient freeway access.
      1502 E Washinton Blvd, Los Angeles, CA 90021
      View Details
    • $0.85 SF/Yr
      40,107 SF

      Manufacturing/Warehouse Space Available

      Manufacturing and warehouse space with dock high and ground loading.
      1615 Mcgarry St, Los Angeles, CA 90021
      View Details
    • $1.94 SF/Yr
      8,500 SF

      Arts District Creative Space

      Creative flex space in the Arts District with private parking.
      1919 E 7Th Pl, Los Angeles, CA 90021
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2476 Hunter St
    Los Angeles, CA 90021-2504
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.