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Property profile & analytics
OFF-MARKET
Estimated value
$9,280,000
Grocery and convenience stores
2511 Daly St Los Angeles, CA 90031-2222
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8237009
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Total area
32,065 SF
Lot
2.33 ac (101,337 SF)
Zoning code
LAC2
APN
5204-003-020
UPID
US09-8237009
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
-
Wells Fargo Bank Bank Loan Service
-
Smart & Final Extra! Big Box & Wholesale Store
-
Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
-
Churros Irma Restaurant
-
Wells Fargo ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.28M
Owner & transaction history
2511 Daly Street LLC · 17 yrs held
2511 Daly Street LLC
since 2008
6 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$14.6M
+11.0%
Neighborhood: shopping center
$13.6M
+3.2%
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%
$12,400,000
6.5%
$11,450,000
7%
$10,630,000
Alternative Use
Use
Estimation
RETAIL STORES
$13,165,000
Current use
MEDICAL BUILDING
$14,605,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$13,580,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$9.28M
Range $8.35M – $10.21M · ±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
$289 / 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
$153,234
Tax year 2024
Assessed value
$10,044,795
Assessed 2024
Previous assessed
$10,044,795
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$7,587,558
Assessed improvement
$2,457,237
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Heating
NONE
Stories
1
Total area
32,065 SF
Lot
2.33 ac (101,337 SF)
Zoning code
LAC2
APN
5204-003-020
UPID
US09-8237009
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
RETAIL STORES Current
Est. value
$13.2M
MEDICAL BUILDING
Est. value
$14.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.6M
RETAIL STORES Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
Heating
NONE
Stories
1
Lot
2.33 ac
Current owner
From public records · entity-resolved
2511 Daly Street LLC
Entity
Mailing address
4260 CHARTER ST, VERNON, CA 90058-2520
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2020
—
Daly Street LLC
—
Deed
related
$7,100,000 · Sunwest Bank
Nov 27, 2017
—
2511 Daly Street LLC
—
Deed
related
$6,500,000 · Tib Bk
Dec 12, 2008
$7,910,000
2511 Daly Street LLC
Safeway INC
Grant Deed
$4,745,000 · Bank Of America
Jun 27, 1996
—
Us Holdings Safeway
Safeway INC,
Quit Claim Deed
related
—
Apr 30, 1993
$885,000
Safeway INC
Remanek Realty C
Grant Deed
—
—
—
2511 Daly Street LLC
—
Deed Of Trust
related
$6,500,000 · Tib Bk
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.
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