Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2506 Overland Ave Los Angeles, CA 90064-3333
    Back to Search
    Property profile & analytics

    2506 Overland Ave Los Angeles, CA 90064-3333

    View on Map
    • Investment properties
    • 1,407 SF
    • 0.06 lot acres
    Off-Market
    Property ID
    US09-8117491
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Law Offices of Eve Lopez / Law Firm
    • Guide Acupuncture / Alternative Medicine Practice / Acupuncture
    • Nobuko Ide L.Ac / Medical Clinic / Alternative Medicine Practice
    • Divorce Clinic / Medical Clinic
    • Acumen LifeCare / Medical Clinic / Alternative Medicine Practice

    Property Details for 2506 Overland Ave

    Year built
    1961
    Construction
    WOOD
    Lot size
    0.06 lot acres
    Property size
    1,407 SF
    Zone code
    LAC1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    4255-003-025
    APU
    4255003025

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.423
    Latitude
    34.0403
    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
    $15,854
    $1,160,583
    $136,946
    $1,297,529
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,025,000
      3,646 SF

      11904 Pico Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,646 SF
      11904 Pico Blvd, Los Angeles, CA 90064-1333
      View Details
    • Value Estimation
      $1,635,000
      12,104 SF

      10524 Pico Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 12,104 SF
      10524 Pico Blvd, Los Angeles, CA 90064-2346
      View Details
    • Value Estimation
      $950,000
      4,653 SF

      11616 Exposition Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,653 SF
      11616 Exposition Blvd, Los Angeles, CA 90064-1410
      View Details
    • Value Estimation
      $1,025,000
      3,575 SF

      2336 Westwood Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,575 SF
      2336 Westwood Blvd, Los Angeles, CA 90064-2123
      View Details
    • Value Estimation
      $10,595,000
      56,782 SF

      2900 Sepulveda Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 56,782 SF
      2900 Sepulveda Blvd, Los Angeles, CA 90064-4171
      View Details
    • Value Estimation
      $1,155,000
      4,983 SF

      10570 Pico Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,983 SF
      10570 Pico Blvd, Los Angeles, CA 90064-2332
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,600 SF

      Westwood Boulevard Mixed-Use Property

      Mixed-use property with retail and residential units in prime location.
      2245 Westwood Blvd, Los Angeles, CA 90064
      View Details
    • $2,999,000
      9,200 SF

      Mixed-Use Retail/Office Building For Sale

      Mixed-use retail/office building near Pico Boulevard and Barrington Ave.
      11714 W Pico Blvd, Los Angeles, CA 90064
      View Details
    • Contact for pricing
      18,572 SF

      Los Angeles Flex/Office Space

      Flex/office space with excellent natural light and signage opportunities.
      2250 S Barrington Ave, Los Angeles, CA 90064
      View Details
    • Contact for pricing
      3,600 SF

      Restaurant and Commercial Kitchen Opportunity

      Fully built-out restaurant and commercial kitchen available for lease.
      2214 Stoner Ave, Los Angeles, CA 90064
      View Details
    • Contact for pricing
      10,724 SF

      West Los Angeles Office Building

      Office building for sale in a vibrant West Los Angeles neighborhood.
      11570 W Olympic Blvd, Los Angeles, CA 90064
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Project in West LA

      New mixed-use project with retail/commercial space in West LA.
      2455 Overland Ave, Los Angeles, CA 90064
      View Details
    • Contact for pricing

      Mixed-Use Project in West LA

      New mixed-use project with residential and commercial space near UCLA.
      2455 Overland Ave, Los Angeles, CA 90064
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Los Angeles, CA.
      12121 W Pico Blvd, Los Angeles, CA 90064
      View Details
    • $2 SF/Yr

      Upgraded Office Space with Patio

      Office space featuring upgrades, kitchen, patio, and operable windows.
      Cheviot Hl, Los Angeles, CA 90064
      View Details
    • $1.50 SF/Yr
      11,965 SF

      Free Standing Industrial Building

      Industrial building with secure parking, offices, and high ceilings.
      2228 Barry Ave, Los Angeles, CA 90064
      View Details
    • $1.95 SF/Yr

      Secure Lot with Ample Parking

      Gated parking with security, charging stations, and metro access.
      2440 S Sepulveda Blvd, Los Angeles, CA 90064
      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.
    2506 Overland Ave
    Los Angeles, CA 90064-3333
    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

    Thank You for Inquiry
    2506 Overland Ave, Los Angeles, CA, 90064
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!