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Property profile & analytics
OFF-MARKET
Estimated value
$1,605,000
Grocery and convenience stores
5903 Main St Los Angeles, CA 90003-1216
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6183665
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1959
Construction
TILT-UP CONCRETE
Total area
3,680 SF
Lot
0.12 ac (5,206 SF)
Zoning code
LAM1
APN
6005-012-030
UPID
US09-6183665
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
-
Corona Ranch Market Grocery & Convenience Store Food Market
-
La Mas Meat Pollo Grocery & Convenience Store Food Market
-
King Green Produce & Meat Grocery & Convenience Store Food Market
-
Pollo Vivo Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.43M
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.61M
Owner & transaction history
Bao Truong Thai
Bao Truong Thai
since 2025
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
LAM1 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+101.9%
Medical building
$1.7M
+83.2%
Auto repair, garage
$1.6M
+71.5%
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%
$1,550,000
6.5%
$1,430,000
7%
$1,330,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,845,000
Change: +102% · Conversion: Easy
MEDICAL BUILDING
$1,675,000
Change: +83% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,570,000
Change: +71% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,560,000
Change: +70% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,030,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$1.61M
Range $1.44M – $1.77M · ±10% · vs last sale $1.75M (Jul 31 2025)
Last sale anchor
$1.75M
Jul 31 2025
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
$436 / 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
$15,326
Tax year 2024
Assessed value
$1,224,000
Assessed 2024
Previous assessed
$1,224,000
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$918,000
Assessed improvement
$306,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
3,680 SF
Lot
0.12 ac (5,206 SF)
Zoning code
LAM1
APN
6005-012-030
UPID
US09-6183665
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM1 · Los Angeles, CA
Zoning LAM1 · permitted uses
LAM1 · 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
OFFICE BUILDING
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.0M
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Bao Truong Thai
Individual
Mailing address
973 W CHANNEL ST, SAN PEDRO, CA 90731-1415
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2025
—
Bao Truong Thai
Corona Ranch Property Holding LLC
Deed
$739,000 · Business Finance Capital
Oct 31, 2025
$1,750,000
Corona Ranch Property Holding LLC
Pek INC
Grant Deed
$897,800 · Calprivate Bank
Jul 15, 2021
—
The Jung Kyung Kim Revocable Living
—
Deed
related
$200,000 · Comerica Bank
Jan 12, 2018
—
Kim,jung K Living Trust
Kim Jin W & Kims J K Trust
Quit Claim Deed
related
—
Sep 6, 2017
—
Kim,jin W Trust
Kim Jung K Living Trust
Quit Claim Deed
related
—
Sep 28, 2015
—
Kim,jung K Living Trust
Kim,jung K
Quit Claim Deed
related
—
Jun 22, 2005
—
Jung K Kim
Kim,jin W
Quit Claim Deed
related
—
Jun 22, 2005
$620,000
Jung K Kim
Limb,jong C
Grant Deed
$403,000 · Hanmi Bank
Nov 19, 2002
—
Jong C Limb
Limb,j C
Quit Claim Deed
related
—
Aug 15, 2002
$195,000
Jong C Limb
Garcia,ernesto & Brenda
Grant Deed
$166,000 · Uniti Bank
Jun 22, 2001
$265,000
Ernesto Garcia
Ronald E Rohrbacher Estate
Grant Deed
$185,500 · Community Commerce Bank
Oct 29, 1997
—
Ronald E Rohbacher
—
Deed Of Trust
related
—
Dec 25, 1996
—
Rohrbacher Wayne E Decd Est Of
—
Deed Of Trust
related
—
—
—
Jung K Kim
—
Loan Modification
related
—
—
—
Jong C Limb
—
Deed Of Trust
related
$236,000 · Uniti Bank
—
—
Jong C Limb
—
Deed Of Trust
related
$458,000 · Uniti 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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