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Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Retail space
722 Western Ave Los Angeles, CA 90005-3112
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-9535291
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1919
Construction
WOOD
Total area
4,923 SF
Lot
0.21 ac (9,003 SF)
Zoning code
LAC2
APN
5093-007-004
UPID
US09-9535291
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
-
Grace Hosanna Medical Center Medical Clinic
-
iFix Repair Center for iPhone and Samsung Computer & Electronic Repair Tech Support Center
-
SUNSAM & GINSENG SCIENCE Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.43M
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.43M
Owner & transaction history
Kim And Choi Living Trust
Kim And Choi Living Trust
since 2026
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.2M
+11.0%
Neighborhood: shopping center
$2.1M
+3.2%
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
$1,430,000
ML approach
$1,430,000
CAP Approach
CAP Return
Estimation
6%
$1,905,000
6.5%
$1,760,000
7%
$1,630,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,020,000
Current use
MEDICAL BUILDING
$2,245,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,085,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$1.43M
Range $1.29M – $1.57M · ±10% · vs last sale $1.43M (Feb 20 2024)
Last sale anchor
$1.43M
Feb 20 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
$290 / 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
$21,601
Tax year 2024
Assessed value
$1,726,407
Assessed 2024
Previous assessed
$1,726,407
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,243,497
Assessed improvement
$482,910
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1919
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,923 SF
Lot
0.21 ac (9,003 SF)
Zoning code
LAC2
APN
5093-007-004
UPID
US09-9535291
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
RETAIL STORES Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1919
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Kim And Choi Living Trust
Trust
Mailing address
6230 VILLA LINDA CT, BUENA PARK, CA 90620-4720
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2026
—
Kim And Choi Living Trust
Kim And Choi Living Trust
Deed
related
—
Feb 13, 2026
—
The Kim And Choi Living Trust
Kim Young Deuk
Deed
—
Feb 20, 2024
—
Deuk Kim Young
Deuk Kim Young
Intrafamily Transfer
related
—
Jul 25, 2012
$1,430,000
Young D Kim
Los Angeles Christian Mutual A
Grant Deed
$1,194,500 · Bbu Bank
Sep 4, 2009
$1,150,000
Angeles Christian Mutual A Los
Lehman Brothers 2006-2
Grant Deed
—
Jun 24, 2009
$977,500
Lehman Brothers 2006-2
Fidelity National Title Co
Trustees Deed
related
—
Jun 27, 2006
$2,350,000
Ki Suk Jun
Midtown Investments INC
Grant Deed
$1,175,000 · Lehman Brothers Bank Fsb
Jun 7, 2005
$2,100,000
Midtown Investments INC
Cho B K & C C 2002 Trust
Grant Deed
$1,277,250 · Wilshire State Bank
Jan 30, 2004
$1,600,000
Cha,tr
Jong Won Lee Co
Grant Deed
—
—
—
Jong Won Lee Co
—
Deed Of Trust
related
$500,000 · California Korea Bank
—
—
Young D Kim
—
Deed Of Trust
related
$155,000 · Bbu Bank
—
—
Jong Won Lee Co
—
Deed Of Trust
related
$570,000 · California Center Bank
—
—
Jong Won Lee Co
—
Deed Of Trust
related
$200,000 · California Korea 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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