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Property profile & analytics
FOR SALE
Investment properties
2500 W 7Th St Los Angeles, CA 90057
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7321138
For Sale
$7,950,000
2500 W 7Th St, Los Angeles, CA 90057
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1924
Construction
TILT-UP CONCRETE
Total area
20,500 SF
Lot
0.32 ac (14,000 SF)
Zoning code
LAC2
APN
5141-014-001
UPID
US09-7321138
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
-
Aardvark Letterpress Event Planning Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.70M
Owner & transaction history
Nbp 2500 W 7th LLC · 7 yrs held
Nbp 2500 W 7th LLC
since 2019
7 recorded transactions
Zoning & alternative use
LAC2 · 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%
$6,920,000
6.5%
$6,385,000
7%
$5,930,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,140,000
Current use
INDUSTRIAL (GENERAL)
$5,800,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$4.70M
Range $4.23M – $5.16M · ±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
$229 / 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
$83,069
Tax year 2024
Assessed value
$6,725,921
Assessed 2024
Previous assessed
$6,725,921
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$4,265,218
Assessed improvement
$2,460,703
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
STORE/OFFICE (MIXED USE)
Status
For Sale
Year built
1924
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
5
Bathrooms
18
Total area
20,500 SF
Lot
0.32 ac (14,000 SF)
Zoning code
LAC2
APN
5141-014-001
UPID
US09-7321138
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
$6.1M
INDUSTRIAL (GENERAL)
Est. value
$5.8M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
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
1924
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
5
Bathrooms
18
Lot
0.32 ac
Current owner
From public records · entity-resolved
Nbp 2500 W 7th LLC
Entity
Mailing address
1331 NW LOVEJOY ST #950, PORTLAND, OR 97209-2799
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2024
—
Nbp 2500 W 7th LLC
—
Deed
related
$4,500,000 · Morgan Stanley Private Bank NA
Aug 12, 2022
—
Nbp 2500 W 7th LLC
—
Deed
related
$5,190,000 · Pacific Premier Bank
Jun 10, 2019
—
Nbp 2500 W 7th LLC
Nbp 2500 W 7th LLC
Grant Deed
related
$7,100,000 · Pacific Premier Bank
May 9, 2017
$5,500,000
Berggruen Macarthur Park LLC
Patel Balubhai Trust
Grant Deed
—
Jul 22, 2008
—
Patel Balubhai Trust
Patel,balubhai G
Quit Claim Deed
related
—
Jan 25, 1999
$391,500
Balubhai G Patel
State St Bk & Trust Co Trustee
Grant Deed
—
Oct 2, 1997
$577,096
State Street Bank Trustee
Lee,simone
Trustees Deed
related
—
—
—
Lee
—
Deed Of Trust
related
$850,000 · Western Federal Savings & Loan
—
—
Simone Lee
—
Deed Of Trust
related
$350,000 · Beverly Hills Invst & Loan
—
—
Balubhai G Patel
—
Deed Of Trust
related
$273,700 · Western 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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