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Property profile & analytics
OFF-MARKET
Estimated value
$255,000
Investment properties
4806 Central Ave Los Angeles, CA 90011-5459
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8351393
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1924
Construction
WOOD
Total area
1,485 SF
Lot
0.14 ac (6,075 SF)
Zoning code
LAC2
APN
5107-019-002
UPID
US09-8351393
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
-
Variedades arturo Grocery & Convenience Store
-
Total Fit Physician
-
Lstyles27 beauty supply (Bike/Boat/Book/etc) Store Cosmetic Store
-
GARCIA MINI MARKET/ SIGUE ENVIOS DE DINERO Bank Credit Union
-
Garcia's Mini Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$255k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$255k
Owner & transaction history
48th Central Property LLC · 14 yrs held
48th Central Property LLC
since 2012
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
$255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$255k
Range $230k – $281k · ±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
$172 / 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
$2,491
Tax year 2024
Assessed value
$160,076
Assessed 2024
Previous assessed
$160,076
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$104,666
Assessed improvement
$55,410
Applied tax rate
6.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1924
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
3
Bathrooms
2
Total area
1,485 SF
Lot
0.14 ac (6,075 SF)
Zoning code
LAC2
APN
5107-019-002
UPID
US09-8351393
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CAZoning 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
Building & site characteristics
From public records
Year built
1924
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
48th Central Property LLC
Entity
Free & Clear · 14 yrs held
Mailing address
291 S LA CIENEGA BLVD STE #104, BEVERLY HILLS, CA 90211-3308
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2012
—
48th Central Property LLC
Shariat Family Living Trust
Grant Deed
—
Aug 17, 2007
—
Shariat Family Living Trust
Aa & Triple S Ptshp
Quit Claim Deed
related
—
Nov 12, 2004
—
M & F LLC
M & F LLC
Quit Claim Deed
related
—
Oct 27, 2004
—
M & F LLC
Shokrian,faramarz
Grant Deed
$150,000 · Wilshire State Bank
Oct 27, 2004
$310,500
Faramarz Shokrian
Robinson,vernon L & Gloria B
Grant Deed
—
Sep 3, 2003
—
Vernon L Robinson
Robinson,lionel C
Quit Claim Deed
related
—
Apr 22, 1971
—
L C Robinson
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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