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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Banks
612 6th St Los Angeles, CA 90017
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0479185
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1926
Construction
TILT-UP CONCRETE
Total area
13,360 SF
Lot
0.1 ac (4,385 SF)
Zoning code
LAC2
APN
5144-005-023
UPID
US10-0479185
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
-
Edge Roofing Roofing Company General Contractor
-
Five Stars Roofing Roofing Company General Contractor
-
Shingle Guard Roofs Roofing Company General Contractor
-
All Seasons Roofing Co Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$652k
Blend (final)
Blend
$600k
Owner & transaction history
614 W 6th Street LLC · 13 yrs held
614 W 6th Street LLC
since 2012
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
Method
Estimation
Statistic approach
by Request
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$45 / 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
$49,504
Tax year 2024
Assessed value
$3,863,295
Assessed 2024
Previous assessed
$3,863,295
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,569,462
Assessed improvement
$2,293,833
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1926
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Stories
2
Total area
13,360 SF
Lot
0.1 ac (4,385 SF)
Zoning code
LAC2
APN
5144-005-023
UPID
US10-0479185
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
1926
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
614 W 6th Street LLC
Entity
Mailing address
614 W 6TH ST, LOS ANGELES, CA 90017-3202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2012
$3,200,000
614 W 6th Street LLC
Shimi INC
Grant Deed
$2,400,000 · Shimi INC
Dec 4, 1996
—
Shimi INC
Harten,jewelry
Grant Deed
related
—
Nov 8, 1996
—
Harten Jewelry Co
Sokurun Corp
Grant Deed
related
—
Mar 7, 1995
—
Sokurun Corp
Orix Corp,
Quit Claim Deed
related
—
Mar 15, 1989
—
Maruko
Mistu
Grant Deed
related
—
—
—
Shimi INC
—
Deed Of Trust
related
$292,500 · Sanwa Bank California
—
—
Robert Krief
—
Loan Modification
related
$2,000,000 · Shimi INC
—
—
Shimi INC
—
Deed Of Trust
related
$301,000 · California Statewide Certified
—
—
Shimi INC
—
Deed Of Trust
related
$292,500 · Sanwa Bank California
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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