Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3520 Figueroa St Los Angeles, CA 90065-2463
    Back to Search
    Property profile & analytics

    3520 Figueroa St, Los Angeles, CA 90065-2463

    View on Map
    • Community centers
    • 11,457 SF
    • 0.12 lot acres
    Off-Market
    Property ID
    US09-7499224
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,915,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cypress Plaza / Shopping Center & Mall
    • Aztec Laundry / (Bike/Boat/Book/etc) Store
    • El Atacor#1 / Restaurant
    • Junior Pizza / Restaurant
    • CasI Todo A Dollar / Discount Store

    Property Details for 3520 Figueroa St

    Year built
    1985
    Construction
    TILT-UP CONCRETE
    Lot size
    0.12 lot acres
    Zone code
    LAC2
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    5446-021-010
    APU
    5446021010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 4, 2012 — Lap S Fong Fong,soo L Quit Claim Deed · related —
    Jun 23, 2006 — Fong Lap S Trust Fong,lap S Quit Claim Deed · related —
    Sep 30, 1992 $617,500 Fong Lap S — Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,185,000
      Market price range: $2.07M - $8.34M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.215
    Latitude
    34.0886
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $19,148
    $263,435
    $1,232,281
    $1,495,716
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $625,000
      3,600 SF

      2929 Division St

      MINI-MALL
      2929 Division St, Los Angeles, CA 90065-1215
      View Details
    • Value Estimation
      $3,320,000
      12,757 SF

      3075 San Fernando Rd

      MINI-MALL
      3075 San Fernando Rd, Los Angeles, CA 90065
      View Details
    • Value Estimation by Request
      2,100 SF

      4400 Figueroa St

      WHOLESALE OUTLET, DISCOUNT STORE
      4400 Figueroa St, Los Angeles, CA 90065-3025
      View Details
    • Value Estimation
      $4,640,000
      107,880 SF

      2055 Figueroa St

      WHOLESALE OUTLET, DISCOUNT STORE
      2055 Figueroa St, Los Angeles, CA 90065-1021
      View Details
    • Value Estimation by Request
      0.01 Acres

      Los Angeles, CA 90065

      PARKING LOT
      Los Angeles, CA 90065
      View Details
    • Value Estimation by Request
      3,850 SF

      2213 Figueroa St

      PARKING LOT
      2213 Figueroa St, Los Angeles, CA 90065-1023
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,400 SF

      Mixed-Use Property in Los Angeles

      Triplex with two retail spaces in a desirable Los Angeles area.
      3333 Division St, Los Angeles, CA 90065
      View Details
    • Contact for pricing
      3,994 SF

      Freestanding Commercial Building on Eagle Rock

      Commercial building on large lot, ideal for various uses.
      4254 Eagle Rock Blvd, Los Angeles, CA 90065
      View Details
    • Contact for pricing
      3,800 SF

      San Fernando Rd Commercial Opportunity

      Prime commercial space in Glassell Park with high visibility.
      Los, Los Angeles, CA 90065
      View Details
    • $850,000
      7,632 SF

      Los Angeles Mixed-Use Investment Opportunity

      Versatile property with commercial units and residential apartments in Cypress Park.
      3304 Pepper Ave, Los Angeles, CA 90065
      View Details
    • Contact for pricing
      3,894 SF

      Mixed-Use Building in Glassell Park

      Newer 7-unit mixed-use building with upside potential.
      1225 Cypress Ave, Los Angeles, CA 90065
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,406 SF

      Turn-key Restaurant Spaces Available

      Two turn-key restaurant spaces with full alcohol license.
      3716 Eagle Rock Blvd, Los Angeles, CA 90065
      View Details
    • $2.00 SF/Yr

      Freestanding Flex Building with Loading

      Freestanding flex space with an open layout, rear roll-up door, and gated parking to support multiple light-use operations.
      3201 N Figueroa St, Los Angeles, CA 90065
      View Details
    • Contact for pricing

      Versatile Commercial Spaces in Cypress Park

      Adaptable retail, creative, or office spaces in vibrant Cypress Park.
      2626 N Figueroa St, Los Angeles, CA 90065
      View Details
    • $2,500 /Mo

      Glassell Park Auto Bay Rental

      Tinting/wrapping bay in high-traffic auto shop, utilities included.
      2346 N San Fernando Rd, Los Angeles, CA 90065
      View Details
    • Contact for pricing
      58,328 SF

      Industrial Space Sublease Opportunity

      Sublease available in strategic location between SFV & LA.
      3550 Tyburn St, Los Angeles, CA 90065
      View Details
    • Contact for pricing
      12,800 SF

      Creative Space in Media Center

      Flex space available within secure LA Media Tech Center.
      2710 Media Center Dr, Los Angeles, CA 90065
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3520 Figueroa St
    Los Angeles, CA 90065-2463
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3520 Figueroa St, Los Angeles, CA, 90065
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!