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Property profile & analytics
OFF-MARKET
Gas stations
4501 Melrose Ave Los Angeles, CA 90029-3410
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7348575
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1969
Total area
297 SF
Lot
0.11 ac (4,787 SF)
Zoning code
LAC2
APN
5538-007-035
UPID
US09-7348575
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
-
Shell Gas Station
-
תחנת דלק Gas Station
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
4501 Melrose LLC · 9 yrs held
4501 Melrose LLC
since 2017
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
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
$18,238
Tax year 2024
Assessed value
$1,479,173
Assessed 2024
Previous assessed
$1,479,173
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,405,217
Assessed improvement
$73,956
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1969
Heating
NONE
Stories
1
Total area
297 SF
Lot
0.11 ac (4,787 SF)
Zoning code
LAC2
APN
5538-007-035
UPID
US09-7348575
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
1969
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
4501 Melrose LLC
Entity
Mailing address
1040 N BENSON AVE, UPLAND, CA 91786-2157
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2017
$2,250,000
4501 Melrose LLC
Regdalin Properties LLC
Grant Deed
—
Jan 19, 2017
—
Regdalin Properties LLC
—
Deed
related
$800,000 · Benjamin Javaherian
Apr 8, 2016
—
Regdalin Properties LLC
Californias Best Holdings LLC
Quit Claim Deed
—
Jun 12, 2015
$650,000
Californias Best Holdings LLC
Californias Best Holdings LLC
Grant Deed
related
—
Sep 11, 2013
—
Ferkho Petroleum LLC
Babayan,khorik
Grant Deed
—
Sep 11, 2013
$650,000
Californias Best Holdings LLC
Ferkho Petroleum LLC
Grant Deed
$825,000 · Parkview Financial
Nov 1, 2006
—
Ferkho Petroleum LLC
Babayan,khorik
Grant Deed
—
Jun 15, 2006
$500,000
Khorik Babayan
Dae Chung
Grant Deed
$528,000 · National Bank Of California
Dec 16, 2002
$520,000
Dae I Chung
Khrimian,vazgen
Grant Deed
$630,000 · Nara Bank
Dec 16, 2002
—
Dae I Chung
Vasquez,maria D
Quit Claim Deed
related
—
Oct 25, 1996
—
Vazgen Khrimian
—
Deed Of Trust
related
$1,325,000 · Individual
Mar 25, 1993
—
Vazgen Khrimian
—
Grant Deed
related
$550,000 · Capital Bank NA
—
—
Californias Best Holdings LLC
—
Deed Of Trust
related
$150,000 · Seyran Ananian
—
—
Californias Best Holdings LLC
—
Deed Of Trust
related
$300,000 · Migran Yesayan
—
—
Regdalin Properties LLC
—
Deed Of Trust
related
$800,000 · Benjamin Javaherian
—
—
Californias Best Holdings LLC
—
Deed Of Trust
related
$1,374,000 · United Busn Bk Fsb
—
—
Vazgen Khrimian
—
Deed Of Trust
related
$36,500 · Nara Bank
Jul 31, 1969
—
—
—
Grant Deed
related
—
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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