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Property profile & analytics
OFF-MARKET
Office buildings
654 Figueroa St Los Angeles, CA 90017
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6494153
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1987
Construction
STEEL FRAME
Total area
271,949 SF
Lot
0.43 ac (18,588 SF)
Zoning code
LAC2
APN
5144-008-013
UPID
US09-6494153
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
660 Fig LLC · 1 yrs held
660 Fig LLC
since 2024
Last sale
$44.0M
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
—
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
$1,204,248
Tax year 2024
Assessed value
$96,146,158
Assessed 2024
Previous assessed
$96,146,158
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$7,595,542
Assessed improvement
$88,550,616
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
1987
Construction
STEEL FRAME
Heating
NONE
Total area
271,949 SF
Lot
0.43 ac (18,588 SF)
Zoning code
LAC2
APN
5144-008-013
UPID
US09-6494153
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
1987
Construction
STEEL FRAME
Heating
NONE
Lot
0.43 ac
Current owner
From public records · entity-resolved
660 Fig LLC
Entity
Mailing address
660 S FIGUEROA ST FL #7, LOS ANGELES, CA 90017-3480
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2024
$44,000,000
660 Fig LLC
Fig Asset Capital De LLC
Grant Deed
$53,600,000 · Argentic Real Estate Finance 2 LLC
Feb 9, 2018
—
Fig Asset Capital LLC
Fig Asset Capital LLC
Grant Deed
related
$51,500,000 · Acore Capital Mortgage LP
Sep 1, 2016
—
Fig Asset Capital LLC
—
Deed
related
$55,400,000 · Us Bk
May 22, 2014
$80,000,800
Fig Asset Capital LLC
U S Bank National Association
Grant Deed
$55,400,000 · Us Bank NA
Jan 28, 2013
$67,000,000
Cd 2006-cd3
Witkin & Eisinger LLC
Trustees Deed
related
—
Feb 18, 2004
—
Tower Figueroa II
Mani Brothers Figueroa Tower
Quit Claim Deed
related
$45,000,000 · German American Capital Corp
Apr 21, 1999
—
Brothers Figueroa To Mani
Mani Brothers,
Quit Claim Deed
related
—
Dec 14, 1998
—
Mani Brothers LLC
K & T 660 Parmers LP
Grant Deed
related
—
Sep 29, 1998
—
K LP
—
Deed Of Trust
related
$25,000,000 · Kawasaki Leasing Intern'l INC
Jul 19, 1990
$87,500,000
K Figueroa
Unknown
Grant Deed
related
—
—
—
Brothers Figueroa Tower Mani
—
Deed Of Trust
related
$24,000,000 · Mony Life Insurance Co
—
—
Mani Brothers LLC
—
Deed Of Trust
related
$5,000,000 · Bank Of America
—
—
Fig Asset Capital LLC
—
Loan Modification
related
$55,400,000 · Us Bk
—
—
Mani Brothers LLC
—
Deed Of Trust
related
$5,000,000 · Bank Of America
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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