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Property profile & analytics
OFF-MARKET
Estimated value
$2,955,000
Warehouses
2515 Broadway Los Angeles, CA 90007-2729
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6869314
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2023
Construction
TILT-UP CONCRETE
Total area
122,800 SF
Lot
0.72 ac (31,422 SF)
Zoning code
LAM1
APN
5126-036-018
UPID
US09-6869314
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
-
Extra Space Storage Storage Facility
-
Crystal Awards (Bike/Boat/Book/etc) Store
-
Creative Design Works Inc Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.24M
Blend (final)
Blend
$2.96M
Owner & transaction history
2300 S Broadway LLC · 5 yrs held
2300 S Broadway LLC
since 2021
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
LAM1 · 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
$2,775,000
ML approach
$2,710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.96M
Range $2.66M – $3.25M · ±10% · vs last sale $3.03M (Jul 23 2021)
Last sale anchor
$3.03M
Jul 23 2021
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
$24 / 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
$230,994
Tax year 2024
Assessed value
$18,413,084
Assessed 2024
Previous assessed
$18,413,084
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$7,880,684
Assessed improvement
$10,532,400
Applied tax rate
6.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2023
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
122,800 SF
Lot
0.72 ac (31,422 SF)
Zoning code
LAM1
APN
5126-036-018
UPID
US09-6869314
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM1 · Los Angeles, CA
Zoning LAM1 · permitted uses
LAM1 · 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.
Building & site characteristics
From public records
Year built
2023
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
2300 S Broadway LLC
Entity
Mailing address
1801 CENTURY PARK E STE #1050, LOS ANGELES, CA 90067-2317
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2024
—
Broadway Point LLC
—
Deed
related
$23,800,000 · Rmtg Lender 2 LLC
Feb 16, 2024
—
Broadway Point LLC
—
Deed
related
$3,300,000 · Cedar Tree Investments Lllp
Jul 23, 2021
$3,030,000
2300 S Broadway LLC
Prince Co INC
Grant Deed
$3,300,000 · Ready Capital Corp
Dec 23, 2019
$7,350,000
Broadway Point LLC
Jdm Prop LLC
Grant Deed
—
Dec 13, 2018
—
Jdm Prop LLC
—
Deed
related
$1,000,000 · Prime Busn Cr
Oct 15, 2015
$4,380,000
Jdp Prop LLC
Adam & Broadway LLC
Grant Deed
$3,720,000 · Wells Fargo Bank NA
May 29, 2015
$3,800,000
Adam & Broadway LLC
Bathke Broadway Properties LLC
Grant Deed
$2,085,000 · Mufg Union Bank NA
May 29, 2015
—
Bathke,robert W & R A Trust
Bathke Rebecca A
Affidavit Of Death
related
—
Sep 13, 2001
—
Karl K Bathke
Bathke,k K Tr
Quit Claim Deed
related
—
Jun 14, 1993
—
Bathke,rebecca Tr
—
Deed Of Trust
related
—
—
—
Adam & Broadway LLC
—
Deed Of Trust
related
$1,374,000 · Business Fin Cap
—
—
Jdm Prop LLC
—
Deed Of Trust
related
$1,000,000 · Prime Busn Cr
—
—
Bathke Broadway Properties LLC
—
Deed Of Trust
related
$635,000 · Mellon First Business 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.
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