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Property profile & analytics
OFF-MARKET
Estimated value
$4,600,000
Turn key restaurants
7208 Broadway Los Angeles, CA 90003-2030
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7626057
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1918
Construction
WOOD
Total area
2,446 SF
Lot
0.09 ac (3,900 SF)
Zoning code
LAC2
APN
6031-002-003
UPID
US09-7626057
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.60M
Owner & transaction history
Faraz Youssefian · 2 yrs held
Faraz Youssefian
since 2024
Last sale
$4.6M
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
Method
Estimation
Statistic approach
$4,600,000
ML approach
$4,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.60M
Range $4.14M – $5.06M · ±10% · vs last sale $4.60M (May 29 2024)
Last sale anchor
$4.60M
May 29 2024
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
$1,881 / 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
$7,266
Tax year 2024
Assessed value
$569,390
Assessed 2024
Previous assessed
$569,390
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$396,568
Assessed improvement
$172,822
Applied tax rate
6.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1918
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,446 SF
Lot
0.09 ac (3,900 SF)
Zoning code
LAC2
APN
6031-002-003
UPID
US09-7626057
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CAZoning 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
Building & site characteristics
From public records
Year built
1918
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Faraz Youssefian
Individual
Mailing address
329 S CRES DR, BEVERLY HILLS, CA 90212-4502
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
May 29, 2024
$4,600,000
Faraz Youssefian
Carsten Co LLC
Grant Deed
—
Nov 3, 2021
—
Carsten Co LLC
—
Deed
related
$1,600,000 · Hanmi Bank
Sep 14, 2017
—
Carsten Co LLC
—
Grant Deed
related
$1,700,000 · Logix FCU
Sep 16, 2005
—
Carsten Co LLC
Brosix Corp
Grant Deed
$1,995,000 · Cathay Bank
Mar 6, 2003
—
Brosix Corp
Svidler,tr
Grant Deed
related
$770,000 · South Coast Commercial Bank
Jul 30, 2001
—
Svidler Trust
—
Trustees Deed
related
$125,000 · Los Community Reinvestment Com
Apr 3, 1992
$171,854
Herberto Svidler
Tyberg Trust
Trustees Deed
related
—
—
—
Carsten Co LLC
—
Deed Of Trust
related
$1,801,779 · Cathay Bank
—
—
Carsten Co LLC
—
Deed Of Trust
related
$1,650,000 · Commonwealth Business Bank
—
—
Svidler Trust
—
Deed Of Trust
related
$580,000 · Imperial Capital Bank
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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