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Property profile & analytics
OFF-MARKET
Turn key restaurants
3552 Martin Luther King Jr Blvd Los Angeles, CA 90008-2605
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6848316
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1956
Construction
WOOD
Total area
2,516 SF
Lot
0.16 ac (7,145 SF)
Zoning code
LAC1.5
APN
5024-009-014
UPID
US09-6848316
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
-
Southern California Crab Market Specialty Food Shop Fish Market
-
Cole Elena Valerie Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
3540 Martin Luther King LLC · 9 yrs held
3540 Martin Luther King LLC
since 2017
7 recorded transactions
Zoning & alternative use
LAC1.5 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,945
Tax year 2024
Assessed value
$801,027
Assessed 2024
Previous assessed
$801,027
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$455,130
Assessed improvement
$345,897
Applied tax rate
8.0000
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
1956
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
2,516 SF
Lot
0.16 ac (7,145 SF)
Zoning code
LAC1.5
APN
5024-009-014
UPID
US09-6848316
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC1.5 · Los Angeles, CA
Zoning LAC1.5 · permitted uses
LAC1.5 · 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
1956
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
3540 Martin Luther King LLC
Entity
Mailing address
4775 W HARMON AVE, LAS VEGAS, NV 89103-5215
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2017
—
3540 Martin Luther King LLC
Botach INC
Grant Deed
$418,000 · Hanmi Bank
Jan 16, 2015
$550,000
Botach INC
Mdc Realty Services INC
Grant Deed
$340,000 · Mdc Realty Service INC
Aug 5, 2014
$380,561
Mdc Realty Service INC
Chicago Title Co
Trustees Deed
related
—
Apr 3, 2008
—
Leroys Trust
Cpaw INC
Grant Deed
—
Jan 21, 2005
$450,000
Cpaw INC
Westcoast Foreclosure Svcs
Trustees Deed
related
—
Jul 9, 2004
—
Patrick,tr
Westcoast Nixx INC
Quit Claim Deed
related
—
Jun 26, 2001
$2,000
West Coast Nixx INC
Brown,herbert
Grant Deed
related
—
Jun 26, 2001
—
Herbert Brown
Isf
Grant Deed
related
—
Sep 20, 2000
—
Herbert Brown
Isf,
Grant Deed
related
—
Feb 13, 1998
—
Isf INC
1475 Props,
Grant Deed
related
—
Dec 28, 1995
—
1475 Prop
Mcdowell,r M
Grant Deed
related
—
Aug 21, 1995
$71,218
Richard M Mcdowell
Avery,herbert B & Manunaloa
Trustees Deed
—
Mar 17, 1994
—
Avery,william M Trustee
Avery,h B&m T
Quit Claim Deed
related
—
—
—
1475 Properties LP
—
Deed Of Trust
related
$129,500 · Edgar L Moulton Ira#1060467544
—
—
1475 Properties LP
—
Deed Of Trust
related
$100,000 · Edgar L Moulton Ira#1060467544
—
—
1475 Properties LP
—
Deed Of Trust
related
$100,000 · Edgar L Moulton Ira#1060467544
—
—
Herbert B Avery
—
Deed Of Trust
related
$75,000 · Active Home Loans INC
—
—
Cpaw INC
—
Deed Of Trust
related
$85,000 · Barry Cooper
—
—
Herbert B Avery
—
Deed Of Trust
related
$100,000 · Slgh Investment INC
—
—
1475 Properties
—
Deed Of Trust
related
$100,000 · Fraser Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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