Back to Search
Property profile & analytics
FOR SALE
Commercial land
7100 Melrose Ave Los Angeles, CA 90046
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7262793
For Sale
1 / 15
Contact for pricing
7100 Melrose Ave, Los Angeles, CA 90046
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1984
Lot
0.24 ac (10,635 SF)
Zoning code
LAC2
APN
5525-016-007
UPID
US09-7262793
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
-
Eco Mobile Detaling Car Wash
-
Parking Parking Lot & Garage
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
First Republic Bank · 4 yrs held
First Republic Bank
since 2021
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
$48,527
Tax year 2024
Assessed value
$3,605,478
Assessed 2024
Previous assessed
$3,605,478
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$3,605,478
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1984
Heating
NONE
Lot
0.24 ac (10,635 SF)
Zoning code
LAC2
APN
5525-016-007
UPID
US09-7262793
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
1984
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
First Republic Bank
Entity
Mailing address
1800 AVE OF THE STARS12THFL, LOS ANGELES, CA 90067-4201
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Apr 30, 2024
—
7100 Melrose LLC
—
Deed
related
$3,750,000 · Lone Oak Fund LLC
Sep 30, 2021
—
First Republic Bank
7100 Melrose LLC
Assignment Of Lease (leasehold Sale)
$3,750,000 · First Republic Bank
Jul 17, 2019
—
7100 Melrose LLC
—
Deed
related
$3,500,000 · West Bay Cap
Apr 11, 2018
—
7100 Melrose LLC
—
Deed
related
$2,500,000 · Cathay Bk
Dec 21, 2017
—
7100 Melrose LLC
Greenwich Village Renovation
Quit Claim Deed
related
$2,500,000 · Cathay Bk
May 2, 2017
—
Greenwich Village Renovation C
—
Deed
related
$2,500,000 · Cathay Bk
Feb 25, 2014
$4,450,000
Greenwich Village Renovation
Shahid & Samina Trust
Grant Deed
—
Apr 15, 2013
—
Shahid & Samina Trust
Muhammad,shahid Y & Samina
Quit Claim Deed
related
—
Jan 16, 2009
—
Shahid & Samina Trust
Muhammad,shahid Y
Quit Claim Deed
related
—
Dec 27, 2000
—
Muhammad,shahid Y & Samina
Chevron USA,
Trustees Deed
related
—
—
—
Shahid Y Muhammad
—
Deed Of Trust
related
$985,000 · Citicorp Leasing INC
—
—
7100 Melrose LLC
—
Deed Of Trust
related
$3,500,000 · West Bay Cap
—
—
Shahid Y Muhammad
—
Deed Of Trust
related
$800,000 · Bank Of Hemet
—
—
Greenwich Village Renovation C
—
Loan Modification
related
$2,500,000 · Cathay Bk
—
—
7100 Melrose LLC
—
Loan Modification
related
$2,500,000 · Cathay Bk
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?”
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.
