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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Retail space
4308 Crenshaw Blvd, Los Angeles, CA 90008-4902
Individually Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6848294
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Construction
TILT-UP CONCRETE
Total area
3,472 SF
Lot
0.14 ac (6,187 SF)
Zoning code
LAC1.5
APN
5024-018-010
UPID
US09-6848294
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
-
It's Bigger Than Us LA Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$960k
Owner & transaction history
The New Millenium Beauty & Barber S · 21 yrs held
The New Millenium Beauty & Barber S
since 2005
7 recorded transactions
Zoning & alternative use
LAC1.5 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.6M
+11.0%
Neighborhood: shopping center
$1.5M
+3.2%
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%
$1,345,000
6.5%
$1,240,000
7%
$1,150,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,425,000
Current use
MEDICAL BUILDING
$1,580,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,470,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±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
$276 / 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
$13,313
Tax year 2024
Assessed value
$889,632
Assessed 2024
Previous assessed
$889,632
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$751,615
Assessed improvement
$138,017
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
3,472 SF
Lot
0.14 ac (6,187 SF)
Zoning code
LAC1.5
APN
5024-018-010
UPID
US09-6848294
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
RETAIL STORES Current
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
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
The New Millenium Beauty & Barber S
Individual
Mailing address
4310 CRENSHAW BLVD, LOS ANGELES, CA 90008-4902
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2021
—
New Millennium Beauty & Barber Salo
—
Deed
related
$950,000 · Cressida Capital Corporation
Mar 6, 2020
—
New Millenninum Beauty & Barbe
—
Deed
related
$600,000 · Iwao Ushijima
Apr 1, 2005
$651,000
The New Millenium Beauty & Barber S
James S Athan SR.
Grant Deed
—
Dec 23, 2004
$500,000
Athan James S SR Trust
Warren John & Laura Trust
Grant Deed
—
Oct 24, 1995
—
Warren,john & Laura Trust
Warren,j R & L A
Quit Claim Deed
related
—
Sep 15, 1989
—
John R Warren
Warren John R
Quit Claim Deed
related
$180,000 · Sumitomo Bank
May 8, 1989
$87,500
John R Warren
Tam
Grant Deed
related
—
Apr 10, 1989
—
Tam
Wells
Trustees Deed
related
—
Mar 7, 1989
$9,091
Wstrn Finl I Cal
Wells Lucille
Grant Deed
related
—
—
—
John R Warren
—
Deed Of Trust
related
$175,000 · High Yield Investments Ltd
—
—
New Millenninum Beauty & Barbe
—
Deed Of Trust
related
$600,000 · Iwao Ushijima
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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