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Property profile & analytics
OFF-MARKET
Estimated value
$4,690,000
Manufacturing properties
2723 La Cienega Blvd Los Angeles, CA 90034-2643
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US10-0261305
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1958
Construction
TILT-UP CONCRETE
Total area
28,987 SF
Lot
0.4 ac (17,366 SF)
Zoning code
LACM
APN
5065-004-025
UPID
US10-0261305
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.54M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.69M
Owner & transaction history
Blum & Poe Real Estate LLC · 18 yrs held
Blum & Poe Real Estate LLC
since 2007
7 recorded transactions
Zoning & alternative use
LACM · 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%
$6,000,000
6.5%
$5,540,000
7%
$5,145,000
Blend value · Realmo final
$4.69M
Range $4.22M – $5.16M · ±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
$162 / 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
$76,755
Tax year 2024
Assessed value
$6,138,850
Assessed 2024
Previous assessed
$6,138,850
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$4,507,177
Assessed improvement
$1,631,673
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
28,987 SF
Lot
0.4 ac (17,366 SF)
Zoning code
LACM
APN
5065-004-025
UPID
US10-0261305
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LACM · Los Angeles, CA
Zoning LACM · permitted uses
LACM · 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
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Blum & Poe Real Estate LLC
Entity
Mailing address
2727 S LA CIENEGA BLVD, LOS ANGELES, CA 90034-2643
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2017
—
Blum & Poe Real Estate LLC
—
Grant Deed
related
$7,500,000 · Bank Of America
Nov 13, 2007
$8,133,000
Blum & Poe Real Estate LLC
Batte,peter G
Grant Deed
$5,693,000 · Glimcher Arne
Oct 15, 2001
—
Skoller,rozanne G Tr
Skoller,r G Tr
Quit Claim Deed
related
—
Apr 28, 1999
—
Batte Peter G
—
Deed Of Trust
related
—
Sep 20, 1993
—
Batte Trust
Batte,john T
Quit Claim Deed
related
$765,000 · Bank Of America
Mar 27, 1992
—
Jeffers Jerry W
—
Deed Of Trust
related
—
—
—
Blum & Poe Real Estate LLC
—
Deed Of Trust
related
$1,100,000 · Wachovia Bank NA
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.
Try Rey
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