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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Warehouses
718 9th St Los Angeles, CA 90021-1817
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0483493
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Construction
TILT-UP CONCRETE
Total area
3,910 SF
Lot
0.1 ac (4,331 SF)
Zoning code
LAM2
APN
5132-001-005
UPID
US10-0483493
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
-
Pretty Garbage Factory Textile Manufacturer
-
Guy Fieri's Flavortown Kitchen Restaurant
-
Town Shelving Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$905k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
Raha Lakes Ents LLC · 14 yrs held
Raha Lakes Ents LLC
since 2012
7 recorded transactions
Zoning & alternative use
LAM2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$985,000
6.5%
$905,000
7%
$845,000
Blend value · Realmo final
$665k
Range $599k – $732k · ±10%
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
$170 / 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
$11,964
Tax year 2024
Assessed value
$835,159
Assessed 2024
Previous assessed
$835,159
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$777,519
Assessed improvement
$57,640
Applied tax rate
13.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,910 SF
Lot
0.1 ac (4,331 SF)
Zoning code
LAM2
APN
5132-001-005
UPID
US10-0483493
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM2 · Los Angeles, CA
Zoning LAM2 · permitted uses
LAM2 · 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
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Raha Lakes Ents LLC
Entity
Free & Clear · 14 yrs held
Mailing address
926 S SAN PEDRO ST STE #2612, LOS ANGELES, CA 90015-1864
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2025
—
Raha Lakes Enterprises LLC
—
Deed
related
$3,380,106 · Zb NA
Mar 3, 2022
—
Mehr In Los Angeles Enterprises LLC
—
Deed
related
$3,602,611 · Zb NA
Oct 19, 2016
—
Raha Lakes Ents LLC
—
Deed
related
$3,900,000 · California Bk&tr
Mar 7, 2012
$250,000
Raha Lakes Ents LLC
Shakib,kamran S
Grant Deed
—
Mar 7, 2012
—
Kamran S Shakib
Ghasemi,mojgan
Quit Claim Deed
related
—
Nov 28, 2006
$7,000,000
Kamran S Shakib
Tom,wallace D
Grant Deed
$6,000,000 · Wilshire State Bank
Jun 12, 1989
—
Grant Y Tom
Tom
Quit Claim Deed
related
—
Jun 12, 1989
$105,000
Tom Wallace D&
Tom
Trustees Deed
related
—
—
—
Raha Lakes Ents LLC
—
Deed Of Trust
related
$3,900,000 · California Bk&tr
—
—
Durmon D Carter
—
Deed Of Trust
related
$15,700 · Us Small Business Admn
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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