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Property profile & analytics
OFF-MARKET
Estimated value
$5,850,000
Banks
7151 Manchester Ave Los Angeles, CA 90045-3508
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8752565
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1966
Construction
WOOD
Total area
11,901 SF
Lot
0.24 ac (10,475 SF)
Zoning code
LAC4
APN
4113-013-028
UPID
US09-8752565
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
-
Matt Stayner Real Estate Real Estate Agency
-
Steve Cressman Real Estate Agency
-
christine valentino Real Estate Agency
-
Chase Bank Bank Loan Service
-
Chase Mortgage Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.97M
Blend (final)
Blend
$5.85M
Owner & transaction history
Loyola Marymount University · 3 yrs held
Loyola Marymount University
since 2023
Last sale
$5.8M
7 recorded transactions
Zoning & alternative use
LAC4 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.5M
+0.7%
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
$5,080,000
ML approach
$5,710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$6,425,000
Current use
AUTO REPAIR, GARAGE
$6,470,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$5,975,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$5,420,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$5.85M
Range $5.27M – $6.44M · ±10% · vs last sale $5.75M (Mar 21 2023)
Last sale anchor
$5.75M
Mar 21 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
$492 / 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
$50,569
Tax year 2024
Assessed value
$4,105,500
Assessed 2024
Previous assessed
$4,105,500
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,060,000
Assessed improvement
$1,045,500
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
11,901 SF
Lot
0.24 ac (10,475 SF)
Zoning code
LAC4
APN
4113-013-028
UPID
US09-8752565
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Los Angeles, CA
Zoning LAC4 · permitted uses
LAC4 · 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
FINANCIAL BUILDING Current
Est. value
$6.4M
AUTO REPAIR, GARAGE
Est. value
$6.5M
OFFICE BUILDING
Est. value
$6.0M
MEDICAL BUILDING
Est. value
$5.4M
FINANCIAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
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
1966
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Loyola Marymount University
Individual
Mailing address
20641 COMMERCE WAY, BURNEY, CA 96013-4380
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2023
$5,750,000
Loyola Marymount University
Thomas Salerno
Grant Deed
—
Feb 24, 2022
—
Sharon A Holm Gilboy
Sharon A Holm Gilboy
Intrafamily Transfer
related
—
Aug 26, 2021
$550,000
Philip J Gilboy
Heather K Lemmon
Grant Deed
—
Aug 26, 2021
—
Philip J Gilboy
Philip J Gilboy
Intrafamily Transfer
related
$4,250,000 · Commonwealth Business Bank
Jul 18, 2019
—
Tla Investments INC
—
Grant Deed
related
$2,018,029 · Citizens Busn Bk
Dec 12, 2018
$884,500
Tla Investments INC
Velasquez Trust
Grant Deed
$485,000 · Tadeusz Bugaj 2017 F Tr (ct)
Dec 17, 2015
—
Heather K Lemmon
Lemmon H K Living Trust
Quit Claim Deed
—
Nov 13, 2015
—
Philip J Gilboy
Gilboy,philip J
Quit Claim Deed
related
—
Nov 2, 2015
$300,000
The Velasquez Trust
Braces Auto Body & Paint Services I
Intrafamily Transfer
related
$2,300,000 · Community Bank
Oct 9, 2015
—
Philip J Gilboy
Holm-gilboy,sharon A
Quit Claim Deed
related
—
Apr 4, 2007
$200,000
Thomas Salerno
Gilboy,philip J
Grant Deed
—
Apr 4, 2007
$150,000
Lemmon Heather K Living Trust
Gilboy,philip J
Grant Deed
—
Dec 6, 2006
$250,000
Velasquez Trust
Gilboy,phillip J
Grant Deed
—
Dec 29, 2005
—
Philip J Gilboy
Commercial Capital Bank Fsb
Grant Deed
$2,200,000 · Bay Area Financial
—
—
Philip Gilboy
—
Deed Of Trust
related
$300,000 · Roger Degiacomi
—
—
Phillip J Gilboy
—
Deed Of Trust
related
$200,000 · Roger Deglacomi
—
—
Philip Gilboy
—
Deed Of Trust
related
$500,000 · Edward W Renselaer
—
—
Philip J Gilboy
—
Deed Of Trust
related
$125,000 · Patrick & Loretta Gilboy
—
—
Philip Gilboy
—
Deed Of Trust
related
$75,000 · Gregory & Yong N Johnson
Mar 10, 1964
—
Hawthorne Sav
—
Grant Deed
related
—
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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