Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    300 Ave 19 Los Angeles, CA 90031-3207

    • Investment properties
    • 1,952 SF
    • 0.17 lot acres
    OFF-MARKET
    Last Sale
    Aug 05, 2024
    $750,000
    Value Estimations
    $750,000
    Show details
    Cap Rate Potential
    5.3%
    Investment properties
    Location Intelligence
    Property ID
    US09-8237014
    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

    • Garcia Brothers Market / Grocery & Convenience Store / Food Market

    Property Details for 300 Ave 19

    Year built
    1895
    Construction
    WOOD
    Lot size
    0.17 lot acres
    Property size
    1,952 SF
    Zone code
    LARD2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    5447-031-030
    APU
    5447031030

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $750,000
      ML approach
      $750,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $660,000
      6.5%
      $610,000
      7%
      $565,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $650,000
      Market price range: $169k - $658k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $455,000
      Current use
      AUTO REPAIR, GARAGE
      $1,060,000
      Change: +133% Conversion: Difficult
      OFFICE BUILDING
      $980,000
      Change: +115% Conversion: Easy
      MEDICAL BUILDING
      $890,000
      Change: +95% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $825,000
      Change: +82% Conversion: Difficult
      RETAIL STORES
      $800,000
      Change: +76% Conversion: Easy
      WAREHOUSE, STORAGE
      $545,000
      Change: +20% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.22
    Latitude
    34.0701
    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
    $6,221
    $364,285
    $114,853
    $479,138
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $960,000
      5,982 SF

      3450 Pasadena Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,982 SF
      3450 Pasadena Ave, Los Angeles, CA 90031-1930
      View Details
    • Value Estimation
      $540,000
      2,380 SF

      1770 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,380 SF
      1770 Main St, Los Angeles, CA 90031
      View Details
    • Value Estimation
      $15,545,000
      96,218 SF

      Los Angeles, CA 90031

      OFFICE/RESIDENTIAL (MIXED USE) • 96,218 SF
      Los Angeles, CA 90031
      View Details
    • Value Estimation
      $1,345,000
      7,966 SF

      2929 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,966 SF
      2929 Main St, Los Angeles, CA 90031-3324
      View Details
    • Value Estimation
      $505,000
      2,700 SF

      4301 Griffin Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,700 SF
      4301 Griffin Ave, Los Angeles, CA 90031-1417
      View Details
    • Value Estimation by Request
      1,920 SF

      2000 Eastlake Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,920 SF
      2000 Eastlake Ave, Los Angeles, CA 90031-3417
      View Details

    Similar Nearby for Sale

    • $1,400,000
      3,974 SF

      Lincoln Heights Corner Lot Opportunity

      High-visibility corner lot ideal for mixed-use or commercial development.
      2800 N Main St, Los Angeles, CA 90031
      View Details
    • $1,998,888

      Lincoln Heights Mixed-Use Investment

      12-unit mixed-use property in Lincoln Heights with immediate income.
      2432 Daly St, Los Angeles, CA 90031
      View Details
    • $849,900

      Mixed-Use Building Near Downtown LA

      Mixed-use building with residential units and a grocery store.
      3374 Griffin Ave, Los Angeles, CA 90031
      View Details
    • $1,998,888

      Lincoln Heights Mixed-Use Investment

      Mixed-use property in Lincoln Heights with immediate income potential.
      2432 Daly St, Los Angeles, CA 90031
      View Details
    • $1,400,000

      Lincoln Heights Development Opportunity

      Prime corner lot for mixed-use or commercial development.
      2806 N Main St, Los Angeles, CA 90031
      View Details
    • $1,400,000
      5,624 SF

      Lincoln Heights Corner Lot Opportunity

      High-visibility corner lot ideal for mixed-use or commercial development.
      2806 N Main St, Los Angeles, CA 90031
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,960 SF

      Burbank Retail Space For Lease

      Prime Burbank location, 3960 sq ft.
      331 San Fernando Blvd, Los Angeles, CA 90031
      View Details
    • $2 SF/Yr
      1,500 SF

      2nd Floor Office Units

      2nd Floor Office Units
      2414 N Broadway, Los Angeles, CA 90031
      View Details
    • Contact for pricing
      12,700 SF

      Lincoln Heights Warehouse Near Freeways

      Warehouse in Lincoln Heights with quick freeway access.
      336-346 Avenue 21 N, Los Angeles, CA 90031
      View Details
    • Contact for pricing

      Industrial Space with Freeway Visibility

      75,604 SF industrial space suitable for studio, warehouse, distribution.
      1731 Workman St, Los Angeles, CA 90031
      View Details
    • $0.77 SF/Yr
      89,194 SF

      Warehouse with Large Fenced Yard

      Two-level warehouse with large fenced yard, near Downtown Los Angeles.
      3900 N Mission Rd, Los Angeles, CA 90031
      View Details
    • $0.49 SF/Yr
      213,493 SF

      Land Near Dodger Stadium

      Commercial land for lease near the Golden State Freeway.
      2131 Humboldt St, Los Angeles, CA 90031
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 Ave 19
    Los Angeles, CA 90031-3207
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!