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Property profile & analytics
OFF-MARKET
Estimated value
$18,655,000
Office buildings
601 Figueroa St Los Angeles, CA 90017-5704
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0481833
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1990
Construction
STEEL FRAME
Total area
949,529 SF
Lot
1.5 ac (65,237 SF)
Zoning code
LAC2
APN
5144-007-044
UPID
US10-0481833
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
-
RS Industrial Engines- Cummins & Komatsu Engines Auto Repair Shop
-
RS Industrial Engines- Isuzu 4HE1, 4HK1, 6HK1 engines Auto Repair Shop
-
Fitzgerald Karen M Law Firm Insurance Agency
-
Interface Engineering, Inc. Lighting Consultant Mechanical Engineer
-
Neufeld Fred Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.66M
Owner & transaction history
601 South Figueroa LLC · 1 yrs held
601 South Figueroa LLC
since 2025
7 recorded transactions
Zoning & alternative use
LAC2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$20 / 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
$5,709,361
Tax year 2024
Assessed value
$460,876,655
Assessed 2024
Previous assessed
$460,876,655
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$31,824,377
Assessed improvement
$429,052,278
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1990
Construction
STEEL FRAME
Heating
NONE
Total area
949,529 SF
Lot
1.5 ac (65,237 SF)
Zoning code
LAC2
APN
5144-007-044
UPID
US10-0481833
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.
Building & site characteristics
From public records
Year built
1990
Construction
STEEL FRAME
Heating
NONE
Lot
1.5 ac
Current owner
From public records · entity-resolved
601 South Figueroa LLC
Entity
Mailing address
127 PUBLIC SQ #3150, CLEVELAND, OH 44114-1217
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2025
$209,754,863
601 South Figueroa LLC
601 Figueroa Co LLC
Deed
related
$74,008,040 · Everbank NA
Oct 19, 2023
—
601 Figueroa Co LLC
—
Deed
related
$250,000,000 · Tiaa Fsb Holdings INC
Jul 20, 2005
—
Trizec 601 Figueroa LLC
Figueroa Of Wilshire LLC
Quit Claim Deed
—
Sep 9, 1999
$215,000,000
Figueroa,wilshire
Mitsui Fudosan USA,
Trustees Deed
—
Jan 9, 1992
—
Mitsui Fudosan INC
—
Deed Of Trust
related
—
—
—
601 Figueroa Co LLC
—
Deed Of Trust
related
$250,000,000 · Massachusetts Mutual Life Ins
—
—
Figueroa At Wilshire LLC
—
Deed Of Trust
related
$140,000,000 · Goldman Sachs Mortgage Co Ttee
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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