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Property profile & analytics
OFF-MARKET
Estimated value
$3,460,000
Community centers
300 Western Ave Los Angeles, CA 90004-2615
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7267091
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1984
Construction
TILT-UP CONCRETE
Total area
10,988 SF
Lot
0.49 ac (21,371 SF)
Zoning code
LAC2
APN
5521-027-017
UPID
US09-7267091
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
-
Wilshire Presbyterian Church Church
-
Olive Tree Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.58M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.46M
Owner & transaction history
Beverly Western Shopping Cente · 20 yrs held
Beverly Western Shopping Cente
since 2005
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.5M
+18.5%
Medical building
$5.0M
+7.6%
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%
$4,960,000
6.5%
$4,580,000
7%
$4,250,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,655,000
Current use
OFFICE BUILDING
$5,515,000
Change: +19% · Conversion: Moderate
MEDICAL BUILDING
$5,005,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$4,510,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$3.46M
Range $3.11M – $3.81M · ±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
$315 / 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
$75,199
Tax year 2024
Assessed value
$6,082,641
Assessed 2024
Previous assessed
$6,082,641
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$3,148,503
Assessed improvement
$2,934,138
Applied tax rate
6.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Units
1
Total area
10,988 SF
Lot
0.49 ac (21,371 SF)
Zoning code
LAC2
APN
5521-027-017
UPID
US09-7267091
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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.7M
OFFICE BUILDING
Est. value
$5.5M
MEDICAL BUILDING
Est. value
$5.0M
RETAIL STORES
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Beverly Western Shopping Cente
Individual
Mailing address
308 N WESTERN AVE, LOS ANGELES, CA 90004-2615
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2021
—
Beverly Western Shopping Center LLC
—
Deed
related
$2,502,289 · Shinhan Bank America
May 10, 2019
—
Beverly Western Shopping Center LLC
—
Deed
related
$180,000 · Shinhan Bank America
Jul 27, 2005
—
Beverly Western Shopping Cente
Kim,sun J
Grant Deed
—
Nov 30, 1989
$3,184,227
Chan G Kim
Winds
Grant Deed
$1,500,000 · Hanmi Bank
—
—
Chan G Kim
—
Deed Of Trust
related
$240,000 · Hanmi Bank
—
—
Sun J Kim
—
Deed Of Trust
related
$1,800,000 · Hanmi Bank
—
—
Chan G Kim
—
Deed Of Trust
related
$1,890,000 · California Korea Bank
—
—
Chan G Kim
—
Deed Of Trust
related
$300,000 · California Korea Bank
—
—
Beverly Wstrn Shopping Ctr LLC
—
Deed Of Trust
related
$2,700,000 · Hanmi Bank
—
—
Chan G Kim
—
Deed Of Trust
related
$200,000 · Hanmi Bank
—
—
Chan G Kim
—
Deed Of Trust
related
$1,610,000 · Hanmi Bank
—
—
Beverly Wstn Shopping Ctr LLC
—
Deed Of Trust
related
$2,750,000 · Shinhan Bank
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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