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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Investment properties
4829 Normandie Ave Los Angeles, CA 90037-2888
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6511961
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1927
Construction
TILT-UP CONCRETE
Total area
5,297 SF
Lot
0.12 ac (5,389 SF)
Zoning code
LAC2
APN
5016-021-006
UPID
US09-6511961
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
-
Two & One Liquor Store (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$467k
Blend (final)
Blend
$510k
Owner & transaction history
Jimmy T Nguyen · 3 yrs held
Jimmy T Nguyen
since 2023
Last sale
$550,000
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
$490,000
ML approach
$490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$800,000
Current use
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $550k (Jun 15 2023)
Last sale anchor
$550k
Jun 15 2023
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
$96 / 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
$9,019
Tax year 2024
Assessed value
$690,543
Assessed 2024
Previous assessed
$690,543
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$481,640
Assessed improvement
$208,903
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
1927
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
4
Bathrooms
4
Total area
5,297 SF
Lot
0.12 ac (5,389 SF)
Zoning code
LAC2
APN
5016-021-006
UPID
US09-6511961
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$800,000
COMMERCIAL (GENERAL) Current
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
Year built
1927
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
4
Bathrooms
4
Lot
0.12 ac
Current owner
From public records · entity-resolved
Jimmy T Nguyen
Individual
Free & Clear · 3 yrs held
Mailing address
17720 CRENSHAW BLVD, TORRANCE, CA 90504-4121
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2023
—
Jimmy T Nguyen
Jimmy T Nguyen
Intrafamily Transfer
related
—
Aug 14, 2015
—
Kim Nguyen
Lau,errol W
Quit Claim Deed
related
—
Aug 14, 2015
$595,000
Jimmy T Nguyen
Nguyen,kim
Grant Deed
related
—
Aug 1, 2005
—
Aynalem Molla
Gebriel,girma H
Quit Claim Deed
—
Aug 1, 2005
$550,000
Kim Nguyen
Molla,aynalem
Grant Deed
$412,500 · East West Bank
May 19, 2000
$210,000
N & M Investments INC
Siegel Trust
Grant Deed
$186,000 · Community Commerce Bank
Dec 28, 1993
$266,455
Mary Jasien
Rodriguez,jose N
Trustees Deed
—
May 25, 1990
$270,000
Jose M Rodriguez
Colbert Emanuel
Grant Deed
related
—
—
—
N & M Investment INC
—
Deed Of Trust
related
$186,000 · Community Commerce Bank
—
—
Hairs
—
Deed Of Trust
related
$6,691 · Cable Busters
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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