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Property profile & analytics
FOR LEASE
Auto shops
2757 Leonis Blvd Vernon, CA 90058
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7633506
For Lease
1 / 3
Contact for pricing
2757 Leonis Blvd, Vernon, CA 90058
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1953
Construction
TILT-UP CONCRETE
Total area
36,785 SF
Lot
2.79 ac (121,575 SF)
Zoning code
VEM*
APN
6308-002-012
UPID
US09-7633506
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
by Request
Comparable Approach
Comparable
$21.16M
Blend (final)
Blend
$21.67M
Owner & transaction history
2757 Leonis Apg LLC · 4 yrs held
2757 Leonis Apg LLC
since 2022
Last sale
$22.2M
7 recorded transactions
Zoning & alternative use
VEM* · Vernon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$30.3M
+51.3%
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 Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vernon 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
$21,160,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$19,995,000
Current use
RESTAURANT
$30,255,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$18,460,000
Change: -8% · Conversion: Difficult
MEDICAL BUILDING
$16,755,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$21.67M
Range $19.50M – $23.83M · ±10% · vs last sale $22.17M (Jul 8 2022)
Last sale anchor
$22.17M
Jul 8 2022
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
$589 / 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
$325,043
Tax year 2024
Assessed value
$22,613,400
Assessed 2024
Previous assessed
$22,613,400
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$8,894,400
Assessed improvement
$13,719,000
Applied tax rate
10.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Lease
Year built
1953
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Stories
1
Total area
36,785 SF
Lot
2.79 ac (121,575 SF)
Zoning code
VEM*
APN
6308-002-012
UPID
US09-7633506
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
VEM* · Vernon, CAZoning VEM* · permitted uses
VEM* · Vernon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$20.0M
RESTAURANT
Est. value
$30.3M
OFFICE BUILDING
Est. value
$18.5M
MEDICAL BUILDING
Est. value
$16.8M
AUTO REPAIR, GARAGE Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
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
Year built
1953
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
3
Lot
2.79 ac
Current owner
From public records · entity-resolved
2757 Leonis Apg LLC
Entity
Mailing address
100 BAYVIEW CIR STE #310, NEWPORT BEACH, CA 92660-8910
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2022
$22,170,000
2757 Leonis Apg LLC
Stanley Kim
Grant Deed
—
Feb 26, 2018
—
Stanley Kim
—
Deed
related
$650,000 · Circle K Stores INC
Jun 6, 2017
—
Stanley Kim
—
Deed
related
$3,200,000 · Pacific City Bank
Dec 27, 2001
$2,260,000
Stanley Kim
Soto-leonis Associates
Grant Deed
$1,130,000 · Bank Of America
Aug 16, 1988
—
J T Jenkins
Slt
Quit Claim Deed
related
—
—
—
Stanley Kim
—
Deed Of Trust
related
$2,690,000 · Hanmi Bank
—
—
Stanley Kim
—
Deed Of Trust
related
$3,000,000 · Hanmi Bank
—
—
Stanley Kim
—
Deed Of Trust
related
$931,000 · California Statewide Certified
—
—
Stanley Kim
—
Deed Of Trust
related
$650,000 · Circle K Stores INC
—
—
Sotoleonis Assoc
—
Deed Of Trust
related
$1,260,000 · Benfl Std Life I
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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