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Property profile & analytics
OFF-MARKET
Estimated value
$12,715,000
Community centers
3451 6th St Los Angeles, CA 90020-2539
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7665428
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1928
Construction
TILT-UP CONCRETE
Total area
41,743 SF
Lot
1.31 ac (57,102 SF)
Zoning code
LAC2
APN
5502-020-016
UPID
US09-7665428
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
-
Escala K-town Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$17.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.72M
Owner & transaction history
Chapman-arc LLC · 10 yrs held
Chapman-arc LLC
since 2016
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$21.0M
+18.5%
Medical building
$19.0M
+7.6%
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%
$18,840,000
6.5%
$17,390,000
7%
$16,150,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$17,680,000
Current use
OFFICE BUILDING
$20,950,000
Change: +19% · Conversion: Moderate
MEDICAL BUILDING
$19,015,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$17,140,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$12.72M
Range $11.44M – $13.99M · ±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
$305 / 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
$362,832
Tax year 2024
Assessed value
$29,709,330
Assessed 2024
Previous assessed
$29,709,330
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$23,894,416
Assessed improvement
$5,814,914
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
41,743 SF
Lot
1.31 ac (57,102 SF)
Zoning code
LAC2
APN
5502-020-016
UPID
US09-7665428
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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$17.7M
OFFICE BUILDING
Est. value
$21.0M
MEDICAL BUILDING
Est. value
$19.0M
RETAIL STORES
Est. value
$17.1M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Chapman-arc LLC
Entity
Mailing address
700 S FLOWER ST STE #580, LOS ANGELES, CA 90017-4243
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Jul 1, 2021
—
Chapman Arc LLC
—
Deed
related
$25,500,000 · Ladder Capital Finance LLC
Jul 1, 2016
$30,000,000
Chapman-arc LLC
JR Trust
Grant Deed
$23,000,000 · Private Individual
Mar 6, 2013
$1,060,000
JR Trust
Catalina LP
Grant Deed
—
Sep 22, 2004
—
Catalina
Catalina
Quit Claim Deed
related
$8,500,000 · United Commercial Bank
May 10, 2002
—
Wilshire Chapman Plaza LLC
—
Deed Of Trust
related
$1,950,000 · Wilshire State Bank
May 10, 2002
$2,206,000
Chapman Plaza LLC
—
Trustees Deed
related
—
May 10, 2002
$9,300,000
Wilshire Chapman LLC
Chapman Investment LLC
Trustees Deed
related
$5,490,000 · Wilshire State Bank
Oct 29, 1999
$7,700,000
Chapman Plaza LLC
Hua,sin J
Grant Deed
$6,000,000 · California Center Bank
Apr 21, 1992
$5,000,000
Young S Hua
New England Mutu
Grant Deed
$4,000,000 · Bank Of Seoul
—
—
JR Trust
—
Deed Of Trust
related
$9,750,000 · Bbu Bank
—
—
Central Capital Investment Co
—
Deed Of Trust
related
$4,750,000 · Greenwich Capital Fin'l INC
—
—
Young S Hua
—
Deed Of Trust
related
$4,390,000 · 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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