Property profile

251 Main St Los Angeles, CA 90012

OFF-MARKET
Theaters & concert halls
Property ID
US09-6495608
8,344 SF 0.14 ac lot Built 1924
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1924
Construction CONCRETE
Total area 8,344 SF
Lot 0.14 ac (6,169 SF)
Zoning code LAC4
APN 5149-006-003
UPID US09-6495608

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

251 Main St Los Angeles, CA 90012-3707
Los Angeles metro Census 207306 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2015
7 recorded transactions
2021
Price N/A
2021
Price N/A
2020
Price N/A
2015
$4.0M
2012
$1.1M
2008
Price N/A
2007
Price N/A

Zoning & alternative use

LAC4 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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