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Property profile & analytics
OFF-MARKET
Estimated value
$4,645,000
Investment properties
2701 6th St Los Angeles, CA 90057-3111
Individually Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7296410
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1924
Construction
TILT-UP CONCRETE
Total area
34,042 SF
Lot
0.68 ac (29,403 SF)
Zoning code
LAC2
APN
5155-020-001
UPID
US09-7296410
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
-
Los Ángeles Grocery & Convenience Store Food Market
-
H.C Bargain Discount Store
-
Los Angeles Green Termite Control LLC Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.47M
Blend (final)
Blend
$4.65M
Owner & transaction history
Shokrian,nassir & Sarah L Tr · 24 yrs held
Shokrian,nassir & Sarah L Tr
since 2002
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.65M
Range $4.18M – $5.11M · ±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
$136 / 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
$49,356
Tax year 2024
Assessed value
$3,753,221
Assessed 2024
Previous assessed
$3,753,221
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$2,205,020
Assessed improvement
$1,548,201
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
Off-Market
Year built
1924
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
34,042 SF
Lot
0.68 ac (29,403 SF)
Zoning code
LAC2
APN
5155-020-001
UPID
US09-7296410
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.
Building & site characteristics
From public records
Year built
1924
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Shokrian,nassir & Sarah L Tr
Individual
Mailing address
1705 LEXINGTON RD, BEVERLY HILLS, CA 90210-2809
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2002
—
Shokrian,nassir & Sarah L Tr
Shokrian,s L
Quit Claim Deed
related
—
Oct 21, 1997
—
Sarah L Shokrian
Shokrian,n E
Quit Claim Deed
related
—
Mar 4, 1996
—
Nassir E Shokrian
—
Deed Of Trust
related
$3,000,000 · Individual
Aug 25, 1995
—
Nassir E Shokrian
Shokrian,s
Quit Claim Deed
related
—
Feb 7, 1994
—
Nassir Shokrian
—
Deed Of Trust
related
—
—
—
Shokrian Trust
—
Deed Of Trust
related
$4,000,000 · Hanmi Bank
—
—
Nassir Shokrian
—
Deed Of Trust
related
$159,800 · Us Small Business Admn
—
—
Shokr
—
Deed Of Trust
related
$2,245,750 · Topa Savings Bank
—
—
Shokrian Trust
—
Deed Of Trust
related
$3,540,000 · Hanmi Bank
—
—
Elias Shokrian
—
Deed Of Trust
related
$200,000 · Wilshire State Bank
—
—
Shokrian Trust
—
Deed Of Trust
related
$4,550,000 · East West Bank
—
—
Shokrian Trust
—
Deed Of Trust
related
$2,000,000 · Pacific Union Bank
—
—
Shokrian,tr
—
Deed Of Trust
related
$2,795,000 · East West Bank
—
—
Elias Shokrian
—
Deed Of Trust
related
$200,000 · Wilshire State Bank
—
—
Nassir Shokrian
—
Deed Of Trust
related
$984,300 · Us Small Business Admn
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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