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

    635 San Juan Ave Los Angeles, CA 90291

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0513030
    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

    • Commercial real estate

    Property Details for 635 San Juan Ave

    Property type
    Commercial real estate
    APN
    4239-024-041

    Description

    This exceptional 5,222 square foot vacant lot presents a unique development opportunity in the heart of Venice, California. Located just half a mile from the iconic Venice Beach and within easy reach of Abbot Kinney's vibrant shopping and dining scene, this property is zoned RD-1.5, allowing for the construction of up to three residential units. The address is 635 San Juan Ave, Los Angeles, CA 90291, with APN 4239-024-041. The lot is individually owned and is being offered at $1,324,000. It's important to note that this property is subject to affordable housing restrictions per local ordinance, as well as Mello-Roos assessments and SB-8 regulations. Prospective buyers are responsible for verifying all information, including permitted uses, Section 8/low-income housing provisions, school information, and the accuracy of all provided details. The property is sold "as is, where is," and all current federal, state, and local guidelines and regulations must be adhered to. The location is west of Lincoln near 6th Avenue. A drive-by is recommended for initial viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.4661059
    Latitude
    33.9939214

    Comparable in this City

    • $3,800,000
      0.07 Acres

      Rare Double Lot Opportunity

      Undeveloped contiguous lots on Linnie Canal in the vibrant community.
      410 Linnie Canal, Venice, CA 90291
      View Details
    • $1,690,000
      6,596 SF

      Venice Development Opportunity: Two Units

      Two-unit development opportunity near Abbot Kinney Blvd and Venice Beach.
      705 Broadway St, Venice, CA 90291
      View Details
    • $3,250,000
      2,800 SF

      10 27 Ave

      Multifamily properties • 2,800 SF
      10 27 Ave, Los Angeles, CA 90291
      View Details
    • $1,699,000
      2,314 SF

      Beachfront Venice Fourplex Investment

      Fourplex in A+ neighborhood with ocean views and modern amenities.
      12 25Th Pl, Venice, CA 90291
      View Details
    • $1,757,757
      1,870 SF

      Venice Multifamily Investment Opportunity

      Four-unit property in Venice with upside potential and convenient parking.
      1136 Marco Pl, Venice, CA 90291
      View Details
    • $1,950,000
      1,755 SF

      Venice Triplex Near Boardwalk

      Mid-century triplex near Venice Boardwalk with investment potential.
      24 20Th Ave, Venice, CA 90291
      View Details

    Similar Nearby for Sale

    • $3,800,000
      0.07 Acres

      Rare Double Lot Opportunity

      Undeveloped contiguous lots on Linnie Canal in the vibrant community.
      410 Linnie Canal, Venice, CA 90291
      View Details
    • $1,690,000
      6,596 SF

      Venice Development Opportunity: Two Units

      Two-unit development opportunity near Abbot Kinney Blvd and Venice Beach.
      705 Broadway St, Venice, CA 90291
      View Details
    • $2,500,000
      1,056 SF

      Venice Beach Triplex Investment

      Charming 3-unit Venice Beach property.
      2329 Ocean Ave, Los Angeles, CA 90291
      View Details
    • $1,699,000

      Venice Multifamily Investment Opportunity

      Charming 4-unit property in prime Venice location with upside potential.
      2045 Penmar Ave, Venice, CA 90291
      View Details
    • New
      $1,395,000
      Pending

      Venice Cottage Near Abbott Kinney

      Cottage near Abbott Kinney with potential for various uses.
      852 Venezia Ave, Venice, CA 90291
      View Details
    • $2,275,000
      3,138 SF

      Craftsman Bungalow with Detached Duplex

      Quiet street near Abbot Kinney with three residences.
      643 Santa Clara Ave, Venice, CA 90291
      View Details

    Similar Nearby for Lease

    • $10,000 /Mo
      1,930 SF

      Venice Townhouse Near Abbot Kinney

      Chic, William Adams-designed townhouse near Abbot Kinney and the beach.
      1132 5Th Ave, Venice, CA 90291
      View Details
    • $51 SF/Yr
      2,317 SF

      Rose Center Retail Space - Venice, CA

      Prime Venice Retail Space: 2,317 sq ft, High Visibility
      303 Lincoln Blvd, Los Angeles, CA 90291
      View Details
    • $126,000
      1,500 SF

      Prime Oceanfront Retail Space in LA

      Beachfront Retail: Two Spaces Available
      511 Ocean Front Walk, Los Angeles, CA 90291
      View Details
    • Contact for pricing
      5,530 SF

      Abbot Kinney Retail Spaces

      Prime Venice Beach Retail Opportunity
      1354 ½ Abbot Kinney Blvd, Los Angeles, CA 90291
      View Details
    • $8,750 /Mo
      1,634 SF

      Venice Creative Office/Live-Work Space

      Unique live/work space in vibrant Venice Beach near Abbot Kinney.
      215 Windward Ave, Venice, CA 90291
      View Details
    • $6 SF/Yr
      23,994 SF

      Venice Boardwalk Work/Live Space

      Modern work/live space on Venice Boardwalk available for lease.
      305 Ocean Front Walk, Venice, CA 90291
      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.
    635 San Juan Ave
    Los Angeles, CA 90291
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.