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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Turn key restaurants
4000 3rd St Los Angeles, CA 90020-3103
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7478963
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1926
Total area
5,711 SF
Lot
0.26 ac (11,130 SF)
Zoning code
LAC2
APN
5502-001-009
UPID
US09-7478963
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
-
Giant Dollar Discount Store
-
Berendo Dollar Discount Store
-
UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$917k
Blend (final)
Blend
$725k
Owner & transaction history
Myungjin LLC · 11 yrs held
Myungjin LLC
since 2014
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
by Request
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$127 / 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
$28,148
Tax year 2024
Assessed value
$2,238,733
Assessed 2024
Previous assessed
$2,238,733
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,885,251
Assessed improvement
$353,482
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
1926
Heating
NONE
Buildings
2
Stories
1
Total area
5,711 SF
Lot
0.26 ac (11,130 SF)
Zoning code
LAC2
APN
5502-001-009
UPID
US09-7478963
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
1926
Heating
NONE
Stories
1
Buildings
2
Lot
0.26 ac
Current owner
From public records · entity-resolved
Myungjin LLC
Entity
Mailing address
900 S HARVARD BLVD APT #601, LOS ANGELES, CA 90006-1479
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2022
—
Myunglin LLC
—
Deed
related
$1,930,000 · East West Bank
Apr 4, 2019
—
Myungjin LLC
—
Deed
related
$100,000 · Andrew K Jung
Aug 2, 2018
—
Myungjin LLC
—
Deed
related
$100,000 · Andrew K Jung
Jul 13, 2018
—
Myungjin LLC
—
Deed
related
$1,800,000 · Pacific City Bank
Feb 13, 2017
—
Myungjin LLC
—
Deed
related
$280,000 · Sook H Lee
Jan 9, 2017
—
Myungjin LLC
—
Deed
related
$1,735,000 · Hana Small Busn Lndg
Jul 31, 2014
$1,900,000
Myungjin LLC
Tayyib,munira N
Grant Deed
$1,735,000 · Hana Small Busn Lndg
Apr 30, 2007
—
Third & Normandie LLC
Dahiquist,martha
Grant Deed
—
Apr 30, 2007
$996,363
Munira N Tayyib
Third & Normandie LLC
Grant Deed
$855,752 · Third & Normandie LLC
May 14, 2004
—
Fond,tr
Fond,tr
Quit Claim Deed
related
—
—
—
Munira N Tayyib
—
Deed Of Trust
related
$300,000 · Ok LLC
—
—
Myungjin LLC
—
Deed Of Trust
related
$100,000 · Andrew K Jung
—
—
Munira N Tayyib
—
Deed Of Trust
related
$29,000 · Duck J Chang
—
—
Myungjin LLC
—
Deed Of Trust
related
$1,735,000 · Hana Small Busn Lndg
—
—
Myungjin LLC
—
Deed Of Trust
related
$280,000 · Sook H Lee
—
—
Myungjin LLC
—
Deed Of Trust
related
$100,000 · Andrew K Jung
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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