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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Retail space
3101 8th St Los Angeles, CA 90005-1902
Trust Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7411795
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1945
Construction
TILT-UP CONCRETE
Total area
5,825 SF
Lot
0.19 ac (8,104 SF)
Zoning code
LAC2
APN
5094-009-021
UPID
US09-7411795
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
-
Nobarrier Hotel & Motel Resort
-
빨간돼지 redpigla Bbq Area
-
Dae Sung Ro (대성로) Restaurant
-
HAK SAN - LA Korean Barbecue 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
$1.04M
Owner & transaction history
Park Hyun S Living 2007 Trust · 17 yrs held
Park Hyun S Living 2007 Trust
since 2008
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±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
$178 / 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
$13,628
Tax year 2024
Assessed value
$1,063,643
Assessed 2024
Previous assessed
$1,063,643
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$679,553
Assessed improvement
$384,090
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1945
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,825 SF
Lot
0.19 ac (8,104 SF)
Zoning code
LAC2
APN
5094-009-021
UPID
US09-7411795
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CAZoning 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
Building & site characteristics
From public records
Year built
1945
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Park Hyun S Living 2007 Trust
Trust
Mailing address
123 N SERRANO AVE, LOS ANGELES, CA 90004-4205
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Jun 22, 2017
—
Hyun Sook Park
—
Deed
related
$1,000,000 · Shinhan Bank America
Nov 30, 2016
—
Hyun Sook Park
—
Deed
related
$1,000,000 · Shinhan Bank America
Jan 14, 2009
—
Park,hyun S 2007 Living Trust
—
Deed Of Trust
related
$3,000,000 · Shinhan Bank
Sep 23, 2008
—
Park Hyun S Living 2007 Trust
Park,hyun S
Quit Claim Deed
related
—
Dec 7, 2000
$720,000
Hyun C Park
Chang,yeu J
Grant Deed
$420,000 · California Chohung Bank
Oct 12, 2000
—
Yeu J Chang
Chang,s
Quit Claim Deed
related
—
Apr 10, 2000
—
Shunming Chang
Chang,y J
Quit Claim Deed
related
—
—
—
Yeu J Chang
—
Deed Of Trust
related
$309,000 · California Korea Bank
—
—
Park Hyun S 2007 Living Trust
—
Deed Of Trust
related
$1,089,804 · Shinhan Bank
—
—
Yeu J Chang
—
Deed Of Trust
related
$500,000 · Omni 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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