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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Investment properties
4851 Long Bch Ave Los Angeles, CA 90058-1914
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7236932
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1908
Construction
WOOD
Total area
2,346 SF
Lot
0.13 ac (5,820 SF)
Zoning code
LAC2
APN
5106-020-001
UPID
US09-7236932
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
-
Mike Meat And Beer Market Take-out & Catering Butcher
-
Carniceria Y Taqueria Tierra Caliente Restaurant
-
Albertos Meat Produce Market Grocery & Convenience Store Food Market
-
Mikes burgers Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
$730k
Comparable Approach
Comparable
$561k
Blend (final)
Blend
$555k
Owner & transaction history
Mike Ki Cho · 5 yrs held
Mike Ki Cho
since 2020
Last sale
$573,505
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
$520,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$730,000
7%
$680,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$705,000
Current use
WAREHOUSE, STORAGE
$650,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $574k (Aug 3 2020)
Last sale anchor
$574k
Aug 3 2020
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
$237 / 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
$7,866
Tax year 2024
Assessed value
$608,496
Assessed 2024
Previous assessed
$608,496
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$435,095
Assessed improvement
$173,401
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
1908
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
2
Bathrooms
2
Total area
2,346 SF
Lot
0.13 ac (5,820 SF)
Zoning code
LAC2
APN
5106-020-001
UPID
US09-7236932
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
$705,000
WAREHOUSE, STORAGE
Est. value
$650,000
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1908
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Bathrooms
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Mike Ki Cho
Individual
Mailing address
180 E MONTEREY AVEB152, POMONA, CA 91767-5477
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2024
—
Mike Ki Cho
—
Deed
related
$485,000 · Pcb Bank
Aug 3, 2020
$573,500
Mike Ki Cho
Estate Of Elizabeth E Browning
Grant Deed
$513,000 · Pacific City Bank
May 20, 2016
—
Elizabeth Browning
—
Deed
related
$175,000 · Budget Mortgage Corp Budget Mortgage Corp
May 1, 2015
—
Elizabeth Browning
Lewis Derrick
Quit Claim Deed
related
$135,000 · Winny Trust (pt)
Jul 1, 1999
—
Camlien Lewis
Lewis,d J
Quit Claim Deed
related
—
Sep 5, 1997
—
Derrick Lewis
Weaver,e
Grant Deed
related
—
—
—
Elizabeth Browning
—
Deed Of Trust
related
$175,000 · Budget Mortgage Corp Budget Mortgage Corp
—
—
Elizabeth Weaver
—
Deed Of Trust
related
$54,979 · Aetna Finance Co
—
—
Eliz Weaver
—
Deed Of Trust
related
$40,000 · Imperial Thrift & Loan
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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