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Property profile & analytics
OFF-MARKET
Estimated value
$6,065,000
Outlet malls
5600 Figueroa St Los Angeles, CA 90042-4102
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7363544
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1924
Construction
WOOD
Total area
21,611 SF
Lot
0.35 ac (15,100 SF)
Zoning code
LAC4
APN
5468-032-001
UPID
US09-7363544
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
-
Progress Preferred Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.72M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.07M
Owner & transaction history
Nvm Highland Park Theatre Company L · 1 yrs held
Nvm Highland Park Theatre Company L
since 2025
Last sale
$7.0M
6 recorded transactions
Zoning & alternative use
LAC4 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,360,000
6.5%
$7,715,000
7%
$7,165,000
Alternative Use
Use
Estimation
RETAIL STORES
$9,850,000
Current use
MEDICAL BUILDING
$9,845,000
Change: 0% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,150,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$6.07M
Range $5.46M – $6.67M · ±10% · vs last sale $6.99M (Dec 20 2024)
Last sale anchor
$6.99M
Dec 20 2024
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
$281 / 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
$78,271
Tax year 2024
Assessed value
$5,355,000
Assessed 2024
Previous assessed
$5,355,000
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$2,310,300
Assessed improvement
$3,044,700
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1924
Construction
WOOD
Heating
NONE
Stories
1
Total area
21,611 SF
Lot
0.35 ac (15,100 SF)
Zoning code
LAC4
APN
5468-032-001
UPID
US09-7363544
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Los Angeles, CA
Zoning LAC4 · permitted uses
LAC4 · 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
RETAIL STORES Current
Est. value
$9.9M
MEDICAL BUILDING
Est. value
$9.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.2M
RETAIL STORES Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
WOOD
Heating
NONE
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Nvm Highland Park Theatre Company L
Entity
Free & Clear · 1 yrs held
Mailing address
333 GRANT AVE APT #709, SAN FRANCISCO, CA 94108-3657
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2025
$6,990,000
Nvm Highland Park Theatre Company L
Highland Theatre LLC
Grant Deed
—
Dec 30, 2022
$5,250,000
Highland Theatre LLC
Robert C Mcnitt
Grant Deed
$2,625,000 · Farmers & Merchants Bank
May 1, 2001
—
Gerardo Uribe
Uribe,c & L
Quit Claim Deed
related
—
Aug 22, 1988
$135,000
Concepcion Uribe
Danie
Grant Deed
$108,000 · National Pacific Mortgage Corp
—
—
Rose
—
Deed Of Trust
related
$13,000 · Rim Enterprises INC
—
—
Bramb
—
Deed Of Trust
related
$270,000 · California 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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