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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2900 Sunset Blvd Los Angeles, CA 90026-2128

    • Investment properties
    • 3,316 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimations
    $970,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7818076
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • PB05RO / Health Consultant
    • Café Tropical / Cuban Restaurant / Bakery
    • Cult Comedy | Stand Up At Café Tropical / Comedy Club

    Property Details for 2900 Sunset Blvd

    Year built
    1923
    Construction
    WOOD
    Lot size
    0.06 lot acres
    Property size
    3,316 SF
    Zone code
    LAC2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    5426-020-011
    APU
    5426020011

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,120,000
      6.5%
      $1,035,000
      7%
      $960,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,415,000
      Current use
      MEDICAL BUILDING
      $1,510,000
      Change: +7% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,405,000
      Change: -1% Conversion: Difficult
      RETAIL STORES
      $1,360,000
      Change: -4% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.274
    Latitude
    34.0828
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $37,200
    $2,302,122
    $760,082
    $3,062,204
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $695,000
      2,356 SF

      1218 Temple St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,356 SF
      1218 Temple St, Los Angeles, CA 90026-5613
      View Details
    • Value Estimation
      $1,090,000
      6,559 SF

      1240 Temple St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,559 SF
      1240 Temple St, Los Angeles, CA 90026-5651
      View Details
    • Value Estimation
      $11,950,000
      44,766 SF

      2510 Temple St

      OFFICE/RESIDENTIAL (MIXED USE) • 44,766 SF
      2510 Temple St, Los Angeles, CA 90026-7120
      View Details
    • Value Estimation
      $17,000,000
      63,351 SF

      330 Belmont Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 63,351 SF
      330 Belmont Ave, Los Angeles, CA 90026-5030
      View Details
    • Value Estimation
      $1,615,000
      10,880 SF

      1612 Sunset Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 10,880 SF
      1612 Sunset Blvd, Los Angeles, CA 90026-4227
      View Details
    • Value Estimation by Request
      720 SF

      1858 Echo Park Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 720 SF
      1858 Echo Park Ave, Los Angeles, CA 90026-1806
      View Details

    Similar Nearby for Sale

    • $2,295,000

      Multifamily Property Near Echo Park

      Seven-unit multifamily property near Echo Park and Silver Lake.
      608 Rampart Blvd, Los Angeles, CA 90026
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    • $1,700,000
      2,651 SF

      Echo Park Mixed-Use Investment

      Mixed-use property in walkable Echo Park location.
      1515 Echo Park Ave, Los Angeles, CA 90026
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    • $2,700,000
      5,666 SF

      Mixed-Use Building in Los Angeles

      Mixed-use building with 7 units in a transforming area.
      2240 W Temple St, Los Angeles, CA 90026
      View Details
    • $1,500,000
      2,028 SF

      Los Angeles Mixed-Use Property

      Mixed-use property in Los Angeles, California.
      1414 Lake Shore Ave, Los Angeles, CA 90026
      View Details
    • $1,198,000

      Multifamily Investment Opportunity Near Echo Park

      Multifamily property near Echo Park with repositioning potential.
      1660 2Nd St, Los Angeles, CA 90026
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    • $3,500,000

      Silver Lake Mixed-Use Investment Opportunity

      Mixed-use property in Silver Lake with retail and residential units.
      2506 Sunset Blvd, Los Angeles, CA 90026
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    Similar Nearby for Lease

    • Contact for pricing
      7,191 SF

      6601-6613 W. Sunset Blvd

      Restaurants • 7,191 SF
      6601 Sunset Blvd, Los Angeles, CA 90026
      View Details
    • $5,300 /Mo
      5,227 SF

      Versatile Mixed-Use Space in Los Angeles

      Mixed-use space ideal for various businesses in a dynamic location.
      1201 West Temple St, Los Angeles, CA 90026
      View Details
    • Contact for pricing
      4,027 SF

      Echo Park Retail Space For Lease

      Prime 4,027 SF Retail, 15 Parking Spaces
      1030 Alvarado St, Los Angeles, CA 90026
      View Details
    • $6,990 /Mo

      Los Angeles Specialty Property For Rent

      Specialty property available for rent in Los Angeles, CA.
      1403 Avon Park Ter, Los Angeles, CA 90026
      View Details
    • $3 SF/Yr
      1,175 SF

      Retail Space on Sunset Blvd

      Retail space available for rent on Sunset Blvd, Los Angeles.
      2101-2109 W Sunset Blvd, Los Angeles, CA 90026
      View Details
    • $4 SF/Yr
      1,539 SF

      Retail Shell Space Available

      End-cap retail shell space available for rent.
      2650 W Temple St, Los Angeles, CA 90026
      View Details
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    Los Angeles, CA 90026-2128
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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