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    Property profile & analytics

    3216 Main St Los Angeles, CA 90007-4103

    • Investment properties
    • 3,750 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $1,060,000
    Last Sale
    Jun 22, 2021
    $1,175,011
    Location Intelligence
    Property ID
    US09-7883411
    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

    • Investment properties

    Property Details for 3216 Main St

    Year built
    1921
    Construction
    TILT-UP CONCRETE
    Lot size
    0.09 lot acres
    Property size
    3,750 SF
    Zone code
    LAM1
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    5120-003-004
    APU
    5120003004

    Description

    This exceptional 3,900 square foot industrial property, located at 3216 S Main St, Los Angeles, CA 90007, presents a unique investment opportunity. Built in 1921 and situated on a 0.09-acre lot (APN 5120003004), this warehouse/manufacturing space boasts significant character and potential for creative uses or light manufacturing. The property features two dock-high doors, a 14-foot ceiling height, and a functional 1,300 square foot mezzanine, adding valuable extra space. The building benefits from abundant natural light provided by skylights. Modern upgrades include a newly installed HVAC system comprising five 5-ton units and two 1.5-ton units, ensuring climate control. A newer 400-amp, 240-volt, 3-phase electrical service is in place, ready to support various operational needs. A restroom and shower are conveniently located within the building. The property is zoned M1-2 and enjoys excellent access to major transportation arteries, including the 110 and I-10 freeway ramps, and is in close proximity to the University of Southern California. The asking price is $1,495,000, translating to $383.33 per square foot.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,060,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,130,000
      6.5%
      $1,105,000
      7%
      $970,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,150,000
      Geo Method
      $1,195,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $895,000
      Retail
      $840,000
      Mixed-Use
      $865,000
      Hospitality
      $1,085,000
      Educational
      $970,000
      Residential Income
      $1,035,000
      Energy
      $935,000
      Income-Based Land
      $845,000
      Food Service
      $825,000

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.272
    Latitude
    34.0196
    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
    $15,496
    $742,845
    $504,073
    $1,246,918
    -
    $0.00
    $0.00
    $0.00

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    3216 Main St
    Los Angeles, CA 90007-4103
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    Realmo Value Estimation

    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.

    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.

    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
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