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Property profile & analytics
OFF-MARKET
Estimated value
$43,890,000
Investment properties
710 El Centro Ave Los Angeles, CA 90038-4341
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9421240
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2015
Construction
WOOD
Total area
48,719 SF
Lot
0.57 ac (24,969 SF)
Zoning code
LAR3
APN
5534-035-023
UPID
US09-9421240
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
-
The LC Apartments Real Estate Agency
-
The LC Real Estate Agency
-
ABR Productions Film Production
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$41.28M
Blend (final)
Blend
$43.89M
Owner & transaction history
710 N El Centro Partners LLC · 3 yrs held
710 N El Centro Partners LLC
since 2023
Last sale
$46.5M
2 recorded transactions
Zoning & alternative use
LAR3 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$41.5M
+36.5%
Restaurant
$40.1M
+31.8%
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
$41,280,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$30,410,000
Current use
INDUSTRIAL (GENERAL)
$41,500,000
Change: +36% · Conversion: Moderate
RESTAURANT
$40,075,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$26,485,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$43.89M
Range $39.50M – $48.28M · ±10% · vs last sale $46.50M (Jan 20 2023)
Last sale anchor
$46.50M
Jan 20 2023
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
$901 / 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
$280,834
Tax year 2024
Assessed value
$22,950,000
Assessed 2024
Previous assessed
$22,950,000
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$5,610,000
Assessed improvement
$17,340,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2015
Construction
WOOD
Heating
NONE
Cooling
YES
Units
46
Bathrooms
8
Total area
48,719 SF
Lot
0.57 ac (24,969 SF)
Zoning code
LAR3
APN
5534-035-023
UPID
US09-9421240
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Los Angeles, CA
Zoning LAR3 · permitted uses
LAR3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$30.4M
INDUSTRIAL (GENERAL)
Est. value
$41.5M
RESTAURANT
Est. value
$40.1M
AUTO REPAIR, GARAGE
Est. value
$26.5M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
46
Bathrooms
8
Lot
0.57 ac
Current owner
From public records · entity-resolved
710 N El Centro Partners LLC
Entity
Free & Clear · 3 yrs held
Mailing address
10877 WILSHIRE BLVD STE #1104, LOS ANGELES, CA 90024-4774
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2023
$46,500,000
710 N El Centro Partners LLC
Clg Larchmont LLC
Grant Deed
—
—
—
Clg Larchmont LLC
—
Loan Modification
related
$398,000 · 5663 Melrose Avenue Apartments
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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