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Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Community centers
3062 8th St, Los Angeles, CA 90005-1814
Trust Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7264260
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1980
Construction
TILT-UP CONCRETE
Total area
5,958 SF
Lot
0.29 ac (12,525 SF)
Zoning code
LAC2
APN
5094-013-023
UPID
US09-7264260
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
-
Aca Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.43M
Owner & transaction history
Skyline Trust · 8 yrs held
Skyline Trust
since 2018
7 recorded transactions
Zoning & alternative use
LAC2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$240 / 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
$22,464
Tax year 2024
Assessed value
$1,781,823
Assessed 2024
Previous assessed
$1,781,823
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$642,277
Assessed improvement
$1,139,546
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
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,958 SF
Lot
0.29 ac (12,525 SF)
Zoning code
LAC2
APN
5094-013-023
UPID
US09-7264260
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.
Building & site characteristics
From public records
Year built
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Skyline Trust
Trust
Mailing address
600 W 9TH ST APT #613, LOS ANGELES, CA 90015-4319
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2024
—
Hwa Wang Jainn
—
Deed
related
$550,000 · Cathay Bank
Apr 26, 2019
—
Skyline Trust
—
Deed
related
$399,000 · Cathay Bank
Feb 19, 2019
—
Skyline Trust
—
Deed
related
$251,116 · Cathay Bk
Feb 2, 2018
—
Skyline Trust
Hong Hing LLC
Quit Claim Deed
$10,000,000 · May May Trust (pt)
Oct 19, 2017
—
Chong Hong
Hong Hing LLC
Quit Claim Deed
—
Aug 28, 2015
—
Skyline Trust
Hong Hing LLC
Quit Claim Deed
—
Mar 1, 2012
—
Hong Hing LLC
Wang,shyne R & Kui J
Grant Deed
—
Oct 30, 2008
—
Jainn H Wang
Wang,jennifer
Quit Claim Deed
related
$239,408 · Cathay Bank
—
—
Skyline Trust
—
Loan Modification
related
$278,000 · Cathay Bk
—
—
Skyline Trust
—
Loan Modification
related
$251,116 · Cathay Bk
—
—
Wang Shyne R
—
Deed Of Trust
related
$400,000 · Cathay Bank
—
—
Hong Hing LLC
—
Loan Modification
related
$278,000 · Cathay Bk
—
—
Hong Hing LLC
—
Loan Modification
related
$251,116 · Cathay Bk
—
—
Shyne R Wang
—
Deed Of Trust
related
$300,000 · Cathay Bank
—
—
Shyne R Wang
—
Deed Of Trust
related
$53,484 · Cathay Bank
—
—
Shyne R Wang
—
Deed Of Trust
related
—
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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