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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Turn key restaurants
3400 8th St Los Angeles, CA 90023-3025
Trust Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8692723
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1998
Construction
WOOD
Total area
1,708 SF
Lot
0.11 ac (4,740 SF)
Zoning code
LAC2
APN
5190-017-001
UPID
US09-8692723
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
-
Rainbow Hair Touch Hair Salon Nail Salon
-
Delicias de El Salvador Restaurant
-
Pigya Korean Barbecue Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$518k
Blend (final)
Blend
$535k
Owner & transaction history
Lorena Trust · 5 yrs held
Lorena Trust
since 2021
Last sale
$542,005
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
$560,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $542k (May 14 2021)
Last sale anchor
$542k
May 14 2021
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
$313 / 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
$10,715
Tax year 2024
Assessed value
$859,577
Assessed 2024
Previous assessed
$859,577
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$376,728
Assessed improvement
$482,849
Applied tax rate
12.0000
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
1998
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,708 SF
Lot
0.11 ac (4,740 SF)
Zoning code
LAC2
APN
5190-017-001
UPID
US09-8692723
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
1998
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Lorena Trust
Trust
Mailing address
750 OTAY LKS RD #1041, CHULA VISTA, CA 91910-6915
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2021
$542,000
Lorena Trust
Cesar A Vasguez
Grant Deed
—
Mar 24, 2014
$500,000
Cesar A Vasquez
Gonzalez,francisco
Grant Deed
$235,000 · Francisco Gonzalez
Sep 11, 2001
—
Francisco Gonzalez
Gonzalez,s
Quit Claim Deed
related
—
Jan 8, 1992
$7,829
Francis Gonzalez
Rangel,carlos M
Trustees Deed
related
—
May 17, 1989
—
Rangel Carlos M
—
Deed Of Trust
related
—
—
—
Francisco Gonzalez
—
Deed Of Trust
related
$150,000 · Sunny S Double
—
—
Carlos M Rangel
—
Deed Of Trust
related
$42,000 · Individual
—
—
Francisco Gonzalez
—
Deed Of Trust
related
$170,000 · Hershson Charles H & H A Trust
—
—
Francisco Gonzalez
—
Deed Of Trust
related
$200,000 · Julio A & Maria E Rivas
—
—
Francisco Gonzalez
—
Deed Of Trust
related
$135,000 · Seaton Trust
—
—
Carlos M Rangel
—
Deed Of Trust
related
$2,500 · Individual
—
—
Francisco Gonzalez
—
Deed Of Trust
related
$195,000 · All California Funding
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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