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Property profile & analytics
OFF-MARKET
Estimated value
$2,920,000
Retail space
3300 8th St, Los Angeles, CA 90005-2432
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6345491
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1968
Construction
WOOD
Total area
19,158 SF
Lot
0.28 ac (12,189 SF)
Zoning code
LAC2
APN
5094-019-023
UPID
US09-6345491
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
-
C & C Market Grocery & Convenience Store
-
A Plus Music Venue
-
First Bargain Normandie Discount Store Discount Store
-
FB@8가 Grocery & Convenience Store Food Market
-
Ruby’s cocina Oaxaqueña Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.74M
Blend (final)
Blend
$2.92M
Owner & transaction history
Seong Ro Choi · 1 yrs held
Seong Ro Choi
since 2025
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
$2.92M
Range $2.63M – $3.21M · ±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
$152 / 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
$32,786
Tax year 2024
Assessed value
$2,563,399
Assessed 2024
Previous assessed
$2,563,399
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,016,156
Assessed improvement
$1,547,243
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
1968
Construction
WOOD
Heating
NONE
Stories
1
Total area
19,158 SF
Lot
0.28 ac (12,189 SF)
Zoning code
LAC2
APN
5094-019-023
UPID
US09-6345491
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning 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
Los Angeles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Seong Ro Choi
Individual
Mailing address
50 FREMONT PL, LOS ANGELES, CA 90005-3858
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Mar 28, 2025
$850,000
Seong Ro Choi
Michael Anthony Oronoz
Grant Deed
$550,000 · Pcb Bank
Oct 3, 2003
$2,388,500
P A K Investments INC
—
Grant Deed
related
—
Dec 20, 1996
—
Bruce Lee
Park,nam S & Hae K
Grant Deed
$2,100,000 · American International Bank
Jan 30, 1989
$5,400,000
Park Nam S
Unknown
Grant Deed
—
—
—
Nam S Park
—
Deed Of Trust
related
$1,000,000 · Seoul Bank Bank
—
—
East West Plaza Co LLC
—
Deed Of Trust
related
$3,600,000 · Wilshire State Bank
—
—
Nam S Park
—
Deed Of Trust
related
$2,800,000 · Bank Of Seoul
—
—
Nam S Park
—
Deed Of Trust
related
$6,791 · Individual
—
—
P A K Investments INC
—
Deed Of Trust
related
$300,000 · Bang J Kim
—
—
Nam S Park
—
Deed Of Trust
related
$3,500,000 · Bank Of Seoul
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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