Technical
Financial
Distress signals
Property profile

5951 Melrose Ave Los Angeles, CA 90038

OFF-MARKET
Turn key restaurants
Property ID
US09-7281716
7,483 SF 0.15 ac lot Built 1953
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1953
Construction WOOD
Total area 7,483 SF
Lot 0.15 ac (6,734 SF)
Zoning code LAC4
APN 5533-034-012
UPID US09-7281716

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5951 Melrose Ave Los Angeles, CA 90038
Los Angeles metro Census 191820 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
$892k
Blend (final) Blend
$680k

Owner & transaction history

since 2015
4 recorded transactions
2015
$4.0M
2011
$3.1M
2011
Price N/A
1992
$875,000

Zoning & alternative use

LAC4 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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