Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    625 San Pedro St Los Angeles, CA 90014-2424

    • High-rise multifamily apartments
    • 54,837 SF
    • 0.31 lot acres
    OFF-MARKET
    Last Sale
    Sep 24, 2024
    $2,000,000
    Value Estimations
    $2,000,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6494166
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Abbey Apartments / Charitable Organization / Social Service Agency
    • Before I go Nutz / Barber Shop
    • NuttyKutz LLC / Film Production
    • Intercombined / Hardware & Home Improvement / General Contractor
    • Venetian Hotel / Restaurant

    Property Details for 625 San Pedro St

    Year built
    2008
    Construction
    WOOD
    Lot size
    0.31 lot acres
    Property size
    54,837 SF
    Zone code
    LAR5
    Property type
    High-rise multifamily apartments
    APN
    5148-025-017
    APU
    5148025017

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,000,000
      ML approach
      $2,000,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,405,000
      Market price range: $260k - $2.52M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.246
    Latitude
    34.042
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,420
    $2,323,190
    $10,731,382
    $13,054,572
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $685,000
      45,396 SF

      626 Spg St

      HIGH-RISE APARTMENTS • 45,396 SF
      626 Spg St, Los Angeles, CA 90014-3901
      View Details
    • Value Estimation
      $3,560,000
      346,187 SF

      600 Spg St

      HIGH-RISE APARTMENTS • 346,187 SF
      600 Spg St, Los Angeles, CA 90014-1979
      View Details
    • Value Estimation
      $1,245,000
      77,679 SF

      730 Los Angeles St

      HIGH-RISE APARTMENTS • 77,679 SF
      730 Los Angeles St, Los Angeles, CA 90014-3401
      View Details
    • Value Estimation
      $7,645,000
      320,925 SF

      755 Spg St

      HIGH-RISE APARTMENTS • 320,925 SF
      755 Spg St, Los Angeles, CA 90014-2973
      View Details
    • Value Estimation
      $535,000
      39,167 SF

      643 San Pedro St

      HIGH-RISE APARTMENTS • 39,167 SF
      643 San Pedro St, Los Angeles, CA 90014-2464
      View Details
    • Value Estimation
      $910,000
      43,044 SF

      519 7th St

      HIGH-RISE APARTMENTS • 43,044 SF
      519 7th St, Los Angeles, CA 90014-2228
      View Details

    Similar Nearby for Sale

    • $465,000
      707 SF

      Historic Downtown LA Loft Residence

      Loft-style residence in the heart of Downtown Los Angeles.
      215 W 7Th St, Los Angeles, CA 90014
      View Details
    • $15,950,000
      28,000 SF

      Ideal Conversion to Affordable Housing

      Ideal Conversion to Affordable Housing
      421 E 6th St, Los Angeles, CA 90014
      View Details
    • Contact for pricing
      3,677 SF

      High Clear Commercial Building

      Flex/industrial space suitable for creative uses, public parking nearby.
      1052-1054 S Olive St, Los Angeles, CA 90014
      View Details
    • $5,500,000
      105,841 SF

      Downtown LA Land: Prime Redevelopment Site

      Historic Core, 105K+ SF, High-Demand Location
      633 Spring St, Los Angeles, CA 90014
      View Details
    • Contact for pricing
      74,400 SF

      Creative Office Space in DTLA

      Creative office space in DTLA's Fashion District for sale.
      309 E 8Th St, Los Angeles, CA 90014
      View Details
    • $2,500,000
      7,951 SF

      Fashion District Retail Opportunity

      Retail property in the heart of the Fashion District.
      818 S Los Angeles St, Los Angeles, CA 90014
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr
      4,600 SF

      Immaculate 3rd Floor Office Space

      Immaculate 3rd Floor Office Space
      606 E 8th St, Los Angeles, CA 90014
      View Details
    • Contact for pricing
      8,483 SF

      DTLA's Iconic Event Venue

      Historic Art Deco, Flexible Space Available
      617 Olive St, Los Angeles, CA 90014
      View Details
    • $36 SF/Yr
      13,454 SF

      Downtown LA Office Space for Lease

      Prime location, flexible suites, 13,454 sqft available.
      606 Olive St, Los Angeles, CA 90014
      View Details
    • Contact for pricing
      2,541 SF

      Retail/Office Space Available

      Retail or office space for rent in Los Angeles.
      756-758 S Spring St, Los Angeles, CA 90014
      View Details
    • $1.10 SF/Yr
      6,150 SF

      Fashion District Warehouse Space

      Freestanding warehouse with ground level loading in the Fashion District.
      639 Maple Ave, Los Angeles, CA 90014
      View Details
    • $2,500 /Mo

      DTLA Nail Salon Ready to Open

      Built-out nail salon in DTLA, furniture included, ready immediately.
      111 W 7Th St, Los Angeles, CA 90014
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    625 San Pedro St
    Los Angeles, CA 90014-2424
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.