Sign Up Successful!
You now have access to more from Realmo!
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

    317 8th St Los Angeles, CA 90014

    • Office buildings
    • 21,944 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimations
    $6,745,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7193727
    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

    • Office buildings

    Property Details for 317 8th St

    Year built
    1945
    Construction
    CONCRETE
    Lot size
    0.14 lot acres
    Property size
    21,944 SF
    Zone code
    LAC5
    Property type
    Office buildings
    APN
    5144-014-025
    APU
    5144014025

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $9,260,000
      6.5%
      $8,550,000
      7%
      $7,935,000

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $11,015,000
      Current use
      MEDICAL BUILDING
      $9,995,000
      Change: -9% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $9,295,000
      Change: -16% Conversion: Difficult
      RETAIL STORES
      $9,010,000
      Change: -18% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.255
    Latitude
    34.0444
    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
    $57,862
    $1,292,993
    $3,078,570
    $4,371,563
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $17,140,000
      106,560 SF

      830 Broadway

      OFFICE BUILDING (MULTI-STORY) • 106,560 SF
      830 Broadway, Los Angeles, CA 90014-3202
      View Details
    • Value Estimation
      $15,260,000
      92,670 SF

      801 Spg St

      OFFICE BUILDING (MULTI-STORY) • 92,670 SF
      801 Spg St, Los Angeles, CA 90014
      View Details
    • Value Estimation
      $975,000
      219,014 SF

      510 6th St

      OFFICE BUILDING (MULTI-STORY) • 219,014 SF
      510 6th St, Los Angeles, CA 90014-1301
      View Details
    • Value Estimation
      $10,845,000
      67,320 SF

      700 Hl St

      OFFICE BUILDING (MULTI-STORY) • 67,320 SF
      700 Hl St, Los Angeles, CA 90014-2734
      View Details
    • Value Estimation
      $1,695,000
      5,398 SF

      818 Spg St

      PROFESSIONAL BUILDING • 5,398 SF
      818 Spg St, Los Angeles, CA 90014
      View Details
    • Value Estimation by Request
      0.07 Acres

      Los Angeles, CA 90014

      OFFICE BUILDING (MULTI-STORY) • 0.07 Acres
      Los Angeles, CA 90014
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      74,400 SF

      Creative Office Space in DTLA

      Creative office space in DTLA's Fashion District for sale.
      309 E 8Th St, Los Angeles, CA 90014
      View Details
    • Contact for pricing
      3,677 SF

      High Clear Commercial Building

      Flex/industrial space suitable for creative uses, public parking nearby.
      1052-1054 S Olive St, Los Angeles, CA 90014
      View Details
    • $465,000
      707 SF

      Historic Downtown LA Loft Residence

      Loft-style residence in the heart of Downtown Los Angeles.
      215 W 7Th St, Los Angeles, CA 90014
      View Details
    • Contact for pricing
      6,300 SF

      Prime LA Retail Opportunity

      Two-Unit Retail Building, 3,000 SF
      846 Wall St, Los Angeles, CA 90014
      View Details
    • $15,950,000
      28,000 SF

      Ideal Conversion to Affordable Housing

      Ideal Conversion to Affordable Housing
      421 E 6th St, Los Angeles, CA 90014
      View Details
    • $5,500,000
      105,841 SF

      Downtown LA Land: Prime Redevelopment Site

      Historic Core, 105K+ SF, High-Demand Location
      633 Spring St, Los Angeles, CA 90014
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      58,500 SF

      The Stanley Building: Creative Office Space

      Historic DTLA Creative Office Suites, 9 Available
      656 Los Angeles St, Los Angeles, CA 90014
      View Details
    • $30 SF/Yr
      107,396 SF

      Downtown LA Creative Office Space

      Historic building, flexible suites, prime location.
      617 Olive St, Los Angeles, CA 90014
      View Details
    • Contact for pricing
      46,500 SF

      Downtown LA Executive Suites

      Premium Office Space, 23,003 SF Available
      410 7Th St, Los Angeles, CA 90014
      View Details
    • $2 SF/Yr
      3,000 SF

      Downtown Los Angeles Office Space

      Office space available for lease in downtown Los Angeles.
      833 S Spring St, Los Angeles, CA 90014
      View Details
    • $12 SF/Yr
      4,600 SF

      Prime LA Executive Office Suites

      Prestigious Los Angeles Office Space Available
      606 8Th St, Los Angeles, CA 90014
      View Details
    • $12 SF/Yr
      124,845 SF

      Downtown LA Creative Office Space

      13-Story Building, 10 Suites Available
      122 7Th St, Los Angeles, CA 90014
      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.
    317 8th St
    Los Angeles, CA 90014
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.