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Property profile & analytics
OFF-MARKET
Estimated value
$275,000
Turn key restaurants
3130 Florence Ave Los Angeles, CA 90043
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6348459
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1954
Construction
WOOD
Total area
2,100 SF
Lot
0.11 ac (4,590 SF)
Zoning code
LAC2
APN
4012-002-001
UPID
US09-6348459
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$275k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$275k
Owner & transaction history
Edmond Doll Bell JR · 2 yrs held
Edmond Doll Bell JR
since 2024
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
$275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$275k
Range $248k – $303k · ±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
$131 / 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
$4,285
Tax year 2024
Assessed value
$300,633
Assessed 2024
Previous assessed
$300,633
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$218,646
Assessed improvement
$81,987
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,100 SF
Lot
0.11 ac (4,590 SF)
Zoning code
LAC2
APN
4012-002-001
UPID
US09-6348459
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
1954
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Edmond Doll Bell JR
Individual
Free & Clear · 2 yrs held
Mailing address
3445 W 78TH ST, LOS ANGELES, CA 90043-4905
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2024
—
Edmond Doll Bell JR
Edmond Doll B Bell SR.
Intrafamily Transfer
related
—
Aug 17, 2005
—
Edmond Bell SR.
Bell,charlotte V
Quit Claim Deed
related
—
Aug 30, 2004
—
Charlotte V Bell
Bell,julius
Quit Claim Deed
related
—
Jan 7, 2002
—
Julius Bell
Bell,c V
Quit Claim Deed
related
—
Apr 24, 1997
—
Charlotte V Bell
Bell,e
Quit Claim Deed
related
—
—
—
Edmond Bell
—
Deed Of Trust
related
$30,000 · Pacific Management & Marketing
—
—
Edmond Bell
—
Deed Of Trust
related
$180,000 · Money Store California
—
—
Carr
—
Deed Of Trust
related
$77,777 · Nova Financial Services
—
—
Charlotte V Bell
—
Deed Of Trust
related
$45,000 · Pacific Management & Marketing
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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