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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Office buildings
510 6th St Los Angeles, CA 90014-1301
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0479203
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1921
Construction
CONCRETE
Total area
219,014 SF
Lot
0.59 ac (25,724 SF)
Zoning code
LAC2
APN
5144-004-037
UPID
US10-0479203
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
-
Josh Buys Any House Real Estate Agency
-
Eternity USA (Bike/Boat/Book/etc) Store
-
Law Offices of Louis A. Gordon Law Firm
-
CT's Fine Jewelry - Custom Jewelry in Los Angeles (Bike/Boat/Book/etc) Store
-
Takayas Custom Jewelry (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$975k
Owner & transaction history
Colonnade Wilshire LLC · 20 yrs held
Colonnade Wilshire LLC
since 2006
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
$4 / 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
$176,770
Tax year 2024
Assessed value
$11,769,850
Assessed 2024
Previous assessed
$11,769,850
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$3,773,652
Assessed improvement
$7,996,198
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1921
Construction
CONCRETE
Heating
NONE
Total area
219,014 SF
Lot
0.59 ac (25,724 SF)
Zoning code
LAC2
APN
5144-004-037
UPID
US10-0479203
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
1921
Construction
CONCRETE
Heating
NONE
Lot
0.59 ac
Current owner
From public records · entity-resolved
Colonnade Wilshire LLC
Entity
Free & Clear · 20 yrs held
Mailing address
600 W 9TH ST APT #1402, LOS ANGELES, CA 90015-4339
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2018
—
6th & Olive INC
—
Loan Modification
related
$60,000,000 · United Overseas Bk
May 19, 2006
$45,000
Colonnade Wilshire LLC
6th & Olive INC
Grant Deed
—
May 18, 2006
$45,000
Colonnade Wilshire LLC
6th & Olive INC
Grant Deed
related
—
Aug 20, 2004
—
6th & Olive INC
—
Deed Of Trust
related
$8,500,000 · United Overseas Bank Ltd
May 11, 2000
—
6th & Olive INC
—
Deed Of Trust
related
$21,900,000 · Overseas Union Bank Ltd
May 22, 1996
$4,800,000
6th & Olive INC
Heron Properties INC
Grant Deed
$2,880,000 · Overseas Union Bank Ltd
—
—
6th & Olive INC
—
Loan Modification
related
$41,738,522 · United Overseas Bank Ltd
—
—
6th & Olive INC
—
Deed Of Trust
related
$1,000,000 · Grand Pacific Financing Corp
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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