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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Investment properties
535 Rowan Ave Los Angeles, CA 90063-1535
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US09-8593136
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1928
Construction
WOOD
Total area
4,200 SF
Lot
0.06 ac (2,430 SF)
Zoning code
LCR4YY
APN
5238-003-048
UPID
US09-8593136
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
-
Rowan Food Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$950k
Blend (final)
Blend
$765k
Owner & transaction history
Sk & M Investments INC · 18 yrs held
Sk & M Investments INC
since 2008
7 recorded transactions
Zoning & alternative use
LCR4YY · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.2M
+20.8%
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)
$970,000
Current use
WAREHOUSE, STORAGE
$1,175,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$182 / 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
$10,622
Tax year 2024
Assessed value
$695,380
Assessed 2024
Previous assessed
$695,380
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$424,956
Assessed improvement
$270,424
Applied tax rate
1.0000
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
1928
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
3
Bathrooms
2
Total area
4,200 SF
Lot
0.06 ac (2,430 SF)
Zoning code
LCR4YY
APN
5238-003-048
UPID
US09-8593136
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR4YY · Los Angeles, CA
Zoning LCR4YY · permitted uses
LCR4YY · 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
$970,000
WAREHOUSE, STORAGE
Est. value
$1.2M
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
1928
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
3
Bathrooms
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Sk & M Investments INC
Entity
Mailing address
PO BOX 5286, BEVERLY HILLS, CA 90209-5286
Ownership since
2008
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
Jul 2, 2024
—
S K & M Investmetns
—
Deed
related
$600,000 · M&n Financing Corporation
Apr 24, 2008
—
Sk & M Investments INC
Setareh,kamran & Simin
Grant Deed
—
Apr 22, 2008
$379,500
Kamran Setareh
Huntington Group LLC
Grant Deed
—
Apr 22, 2008
—
Huntington Group LLC
Vasquez,gilbert
Grant Deed
related
—
Oct 28, 2003
—
Arragg,tr
Arragg,george M
Quit Claim Deed
related
—
Mar 11, 1998
—
Gilbert Vasquez
Vasquez,g
Quit Claim Deed
related
—
Mar 4, 1998
$170,000
Gilbert Vasquez
Polydoros,georgieann T
Grant Deed
$130,000 · Seller
Aug 1, 1994
—
Polydoros Geotgieann T
—
Deed Of Trust
related
—
Dec 22, 1992
—
Joseph Sadie J Decd Est Of
—
Deed Of Trust
related
—
—
—
Gilbert Vasquez
—
Deed Of Trust
related
$175,000 · Individual
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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