Entity Owned Property summary
AI-generated overview
The property at 6719 S Figueroa St, Los Angeles, CA 90003 is a planned affordable multifamily housing development on a 9,805 square foot lot, within the Los Angeles State Enterprise Zone. The proposed structure is a 4-story Type V-A building with a total floor area of 24,774 square feet, including 20,049 square feet of rentable space, and it is designed as a 58-unit community with a unit mix of 33 studio units, 25 one-bedroom units, and 1 market-rate manager’s unit. Of the 58 units, 45 are designated for low-income tenants at 80% AMI or lower and 12 are designated for moderate-income residents at 120% AMI or lower. The project is configured to eliminate the need for on-site parking and is designed in accordance with HCD Schedule VI and TCAC Schedule IX rent requirements. The site is about 410 feet from public transit and is positioned near schools, parks, healthcare centers, and nearby retail and services, and development approvals have been obtained, including density bonuses, FAR increases, and open space reductions.
Property profile
Verified
Property type
Other retail properties
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1971
Construction
TILT-UP CONCRETE
Total area
3,332 SF
Lot
0.26 ac (11,260 SF)
Zoning code
LARD1.5
APN
5486-008-033
UPID
US09-7460771
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
General Contractor Renovation Specialist
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.27M
Owner & transaction history
since 2026
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
LARD1.5 · Los Angeles, CA
Top alternative use upside
Auto repair, garage
$1.8M
+51.2%
Office building
$1.7M
+39.6%
Retail stores
$1.5M
+26.8%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.27M
Value range
$1.14M – $1.40M
±10% around blend
Estimated value / SF
$381 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
60
$1.14M
blend $1.27M
$1.40M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,332 SF
Lot area
0.26 ac
Year built
1971
Stories
1
APN
5486-008-033
Zoning
LARD1.5
Assessed value
$148,001
Annual tax
$2,487
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.54M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.2 mi away · 2,440 SF
13.4 mi away · 2,380 SF
14.8 mi away · 3,850 SF
20.6 mi away · 2,775 SF
21.0 mi away · 3,690 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.27M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 61 sales
$360
+6%
County 192 sales
$324
+18%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $381/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+51%
vs current-use indication
Office Building
Retail Stores
Medical Building
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.27M
Move the market yield to see immediate price impact.
Value / SF
$381
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$80k
$1.60M
$1.14M
$888k
$89k
$1.78M
$1.27M
$987k
$98k
$1.95M
$1.40M
$1.09M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$875k
7.8 mi · Dec 2025 · $217/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,487
Tax year 2024
Assessed value
$148,001
Assessed 2024
Previous assessed
$148,001
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$54,530
Assessed improvement
$93,471
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other retail properties
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1971
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,332 SF
Lot
0.26 ac (11,260 SF)
Zoning code
LARD1.5
APN
5486-008-033
UPID
US09-7460771
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARD1.5 · Los Angeles, CAZoning LARD1.5 · permitted uses
LARD1.5 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1971
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.26 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LARD1.5
Jurisdiction
Los Angeles, CA
Recorded code
LARD1.5
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LARD1.5 in Los Angeles, CA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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