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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Retail space
3400 Cesar E Chavez Ave Los Angeles, CA 90063-4106
Entity Owned
3-yr Hold
Free & Clear
Property ID
US10-0135384
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1908
Construction
TILT-UP CONCRETE
Total area
3,252 SF
Lot
0.17 ac (7,531 SF)
Zoning code
LCC3*
APN
5232-010-032
UPID
US10-0135384
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
-
Super Lavanderia (Bike/Boat/Book/etc) Store
-
Cesar Lavanderia (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.08M
Owner & transaction history
Wj Vernon LLC · 3 yrs held
Wj Vernon LLC
since 2022
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
LCC3* · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+32.4%
Office building
$1.6M
+22.2%
Medical building
$1.5M
+11.0%
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
$1,075,000
ML approach
$1,010,000
CAP Approach
CAP Return
Estimation
6%
$1,260,000
6.5%
$1,160,000
7%
$1,080,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,335,000
Current use
AUTO REPAIR, GARAGE
$1,770,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$1,630,000
Change: +22% · Conversion: Easy
MEDICAL BUILDING
$1,480,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,375,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±10% · vs last sale $1.35M (Dec 16 2022)
Last sale anchor
$1.35M
Dec 16 2022
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
$331 / 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
$20,414
Tax year 2024
Assessed value
$897,600
Assessed 2024
Previous assessed
$897,600
+0.0% YoY
Effective rate
2.27%
On assessed value
Assessed land
$561,000
Assessed improvement
$336,600
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
1908
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,252 SF
Lot
0.17 ac (7,531 SF)
Zoning code
LCC3*
APN
5232-010-032
UPID
US10-0135384
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3* · Los Angeles, CAZoning LCC3* · permitted uses
LCC3* · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1908
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Wj Vernon LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3400 E CESAR E CHAVEZ AVE, LOS ANGELES, CA 90063-4106
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
$1,350,000
Wj Vernon LLC
Limtin Thao
Grant Deed
—
Sep 25, 2015
$1,200,000
So Thao Trust
Sik Kook Hong
Grant Deed
$1,430,000 · Commonwealth Business Bank
Mar 18, 2008
$595,000
Hong S Kook
Holman,frank M
Grant Deed
$300,000 · Mirae Bank
May 27, 1966
$42,500
—
—
Grant Deed
related
—
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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