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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Retail space
3271 Pico Blvd Los Angeles, CA 90019-3641
Individually Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0450192
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Construction
TILT-UP CONCRETE
Total area
5,727 SF
Lot
0.24 ac (10,491 SF)
Zoning code
LAC4
APN
5081-023-010
UPID
US10-0450192
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
-
Limitless Racing & Performance, LLC Auto Parts Store
-
Veer Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
ARIANA'S MULTISERVICIOS (DolEx) Bank Credit Union
-
AK-TECH Computer & Phone Repair Computer & Electronic Repair
-
Wilton Market & Liquor Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.14M
Owner & transaction history
Chun Family · 17 yrs held
Chun Family
since 2009
7 recorded transactions
Zoning & alternative use
LAC4 · 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
$198 / 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
$13,510
Tax year 2024
Assessed value
$1,033,304
Assessed 2024
Previous assessed
$1,033,304
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$405,827
Assessed improvement
$627,477
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
1930
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,727 SF
Lot
0.24 ac (10,491 SF)
Zoning code
LAC4
APN
5081-023-010
UPID
US10-0450192
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Los Angeles, CA
Zoning LAC4 · permitted uses
LAC4 · 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
1930
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Chun Family
Individual
Mailing address
4339 WHITE HAWK LN, SIMI VALLEY, CA 93065-0248
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Mar 20, 2009
—
Chun Family
Chun,jon U & Kyu D
Quit Claim Deed
—
Jul 13, 1989
$535,000
Windsor Exchange
Fleishman Jerry
Trustees Deed
related
$315,000 · Sc Th&ln
—
—
Chun Family
—
Deed Of Trust
related
$750,000 · Americas United Bank
—
—
Jong U Chun
—
Deed Of Trust
related
$906,000 · Hanmi Bank
—
—
Chun Family LP
—
Deed Of Trust
related
$630,000 · Centerbank
—
—
Jong U Chun
—
Deed Of Trust
related
$150,000 · Pacific Union Bank
—
—
Chun Family LP
—
Loan Modification
related
$633,000 · Bbcn Bk
—
—
Jong U Chun
—
Deed Of Trust
related
$200,000 · California Korea Bank
—
—
Jong U Chun
—
Deed Of Trust
related
$180,000 · California Korea 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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