Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,740,000
Outlet malls
634 Alvarado St Los Angeles, CA 90057-3364
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0081747
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1925
Construction
CONCRETE
Total area
18,000 SF
Lot
0.47 ac (20,660 SF)
Zoning code
LAC2
APN
5141-001-037
UPID
US10-0081747
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
-
Sharp Sight Foreclosure Attorney Loan Service Law Firm
-
LUMBRERA LÓPEZ BARBER Y BEAUTY Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.72M
Blend (final)
Blend
$2.74M
Owner & transaction history
634 Alvarado LP · 8 yrs held
634 Alvarado LP
since 2018
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.74M
Range $2.47M – $3.01M · ±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
$152 / 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
$30,553
Tax year 2024
Assessed value
$2,231,034
Assessed 2024
Previous assessed
$2,231,034
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$2,119,484
Assessed improvement
$111,550
Applied tax rate
12.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1925
Construction
CONCRETE
Heating
NONE
Units
1
Total area
18,000 SF
Lot
0.47 ac (20,660 SF)
Zoning code
LAC2
APN
5141-001-037
UPID
US10-0081747
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
1925
Construction
CONCRETE
Heating
NONE
Units
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
634 Alvarado LP
Entity
Mailing address
3470 WILSHIRE BLVD #700, LOS ANGELES, CA 90010-2207
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2026
—
634 Alvarado LP
—
Deed
related
$7,000,000 · 100 West C Street Investors LLC
Aug 28, 2024
—
634 Alvarado LP
—
Deed
related
$2,000,000 · Mega Bank
Dec 29, 2020
—
634 Alvarado LP
—
Deed
related
$1,570,000 · United Sec Invtrs III LLC
Jun 5, 2019
—
634 Alvardo LP
—
Deed
related
$1,570,000 · United Security Funding INC
Mar 14, 2018
$2,000,000
634 Alvarado LP
Cra Of La
Grant Deed
$1,000,000 · Diamond 1st Trust Deed Jv LP
Dec 6, 2012
—
Cra Of La
City Of Los Angeles
Quit Claim Deed
related
—
Jun 14, 2011
—
City Of Los Angeles
Community Redev Agcy Of City/la
Quit Claim Deed
related
—
Apr 7, 2008
—
Chai Family 2008 Trust
Mi S Chai
Quit Claim Deed
related
—
Feb 1, 2008
—
Community Redev Of Agcy & City & Los
Mi S Chai
Grant Deed
related
—
Mar 13, 2006
—
Chai,mi S
L & E Investments INC
Grant Deed
$2,000,000 · Center Bk
Oct 1, 2004
$4,850,000
L & E Investments INC
640 Alvarado LLC
Grant Deed
$3,395,000 · Grand Pacific Fin
Jun 10, 2003
—
640 Alvarado LLC
Wilshire Alvarado Partnership
Grant Deed
$2,583,750 · Pacific Union Bank
Jun 11, 1991
$1,940,000
Alvardo Wilshire
Bruce Trust
Grant Deed
—
—
—
634 Alvarado LP
—
Loan Modification
related
$1,570,000 · United Sec Invtrs III LLC
—
—
Wilshire Alvarado Ptshp
—
Deed Of Trust
related
$95,500 · Us Small Business Admn
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 634 Alvarado St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
