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Property profile & analytics
OFF-MARKET
Estimated value
$2,185,000
Investment properties
5151 Vermont Ave Los Angeles, CA 90037-3515
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7782753
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1924
Construction
TILT-UP CONCRETE
Total area
12,972 SF
Lot
0.27 ac (11,881 SF)
Zoning code
LAC2
APN
5002-030-017
UPID
US09-7782753
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
-
Love's Shop mini market Department Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$2.19M
Owner & transaction history
Almas & Son LLC · 9 yrs held
Almas & Son LLC
since 2017
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$3.6M
+85.6%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,955,000
Current use
WAREHOUSE, STORAGE
$3,625,000
Change: +86% · Conversion: Difficult
Blend value · Realmo final
$2.19M
Range $1.97M – $2.40M · ±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
$168 / 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
$28,485
Tax year 2024
Assessed value
$2,190,318
Assessed 2024
Previous assessed
$2,190,318
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,422,285
Assessed improvement
$768,033
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
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
12,972 SF
Lot
0.27 ac (11,881 SF)
Zoning code
LAC2
APN
5002-030-017
UPID
US09-7782753
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
$2.0M
WAREHOUSE, STORAGE
Est. value
$3.6M
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
1924
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Almas & Son LLC
Entity
Mailing address
159 N LE DOUX RD, BEVERLY HILLS, CA 90211-2210
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2022
—
Almas & Son LLC
—
Deed
related
$1,833,000 · Pacific Alliance Bank
Jan 20, 2017
$2,975,000
Almas & Son LLC
Soon Jong Yoo
Grant Deed
$1,950,000 · Pacific Alliance Bank
Jun 30, 2014
$1,870,000
Soon Jong Yoo
Eugene H Park
Grant Deed
$1,000,000 · Shinhan Bank America
Apr 14, 2014
—
Eugene H Park
Park,phoebe
Quit Claim Deed
related
—
Sep 4, 2013
—
Phoebe S Park
Park,phoebe
Quit Claim Deed
related
—
Aug 30, 2013
$1,450,000
Phoebe Park
Affinity Property Invs LLC
Grant Deed
$870,000 · Saehan Bank
Jan 23, 2007
—
Affinity Property Invs LLC
Oronoz,james
Grant Deed
—
Apr 1, 2004
$530,000
James Oronoz
Paul D & S INC
Grant Deed
—
Sep 24, 2003
—
Paul D & S INC
Smith,suzanne
Grant Deed
$385,000 · Jay W Cervenka Trustee
May 21, 2003
—
Paul D & S INC
Smith,suzanne
Grant Deed
related
—
Nov 5, 1993
$76,500
Suzanne Smith
Oronoz,james & M
Grant Deed
—
—
—
Suzanne Smith
—
Deed Of Trust
related
$56,000 · Individual
—
—
Suzanne Smith
—
Deed Of Trust
related
$115,000 · Havelka Trust
—
—
Affinity Property Investments
—
Deed Of Trust
related
$750,000 · East West Bank
—
—
Affinity Property Invs LLC
—
Deed Of Trust
related
$150,000 · Broadway Federal Bank
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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