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Property profile & analytics
OFF-MARKET
Estimated value
$10,805,000
Office buildings
725 Spg St Los Angeles, CA 90014-2956
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0467035
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1917
Construction
STEEL FRAME
Total area
26,780 SF
Lot
0.21 ac (9,168 SF)
Zoning code
LAC5
APN
5144-015-031
UPID
US10-0467035
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
-
Eos Consulting Corporate Office
-
Kanon Flora Photography Service (Bike/Boat/Book/etc) Store
-
Studio Chibi (Bike/Boat/Book/etc) Store Photography Service
-
Deep House Design Store Furniture & Home Goods Home Decor Store
-
tomandandy Studios Nightclub DJ & Entertainment
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.92M
CAP Approach
CAP
$10.43M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.81M
Owner & transaction history
New Generation Investments LLC · 3 yrs held
New Generation Investments LLC
since 2022
Last sale
$12.7M
2 recorded transactions
Zoning & alternative use
LAC5 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$14.6M
+8.3%
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
$10,260,000
ML approach
$7,920,000
CAP Approach
CAP Return
Estimation
6%
$11,300,000
6.5%
$10,430,000
7%
$9,685,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$13,440,000
Current use
AUTO REPAIR, GARAGE
$14,555,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$12,200,000
Change: -9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$11,340,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$10,995,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$10.81M
Range $9.72M – $11.89M · ±10% · vs last sale $12.70M (Sep 2 2022)
Last sale anchor
$12.70M
Sep 2 2022
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
$403 / 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
$85,337
Tax year 2024
Assessed value
$6,477,000
Assessed 2024
Previous assessed
$6,477,000
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$4,590,000
Assessed improvement
$1,887,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1917
Construction
STEEL FRAME
Heating
NONE
Stories
3
Total area
26,780 SF
Lot
0.21 ac (9,168 SF)
Zoning code
LAC5
APN
5144-015-031
UPID
US10-0467035
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC5 · Los Angeles, CA
Zoning LAC5 · permitted uses
LAC5 · 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
OFFICE BUILDING Current
Est. value
$13.4M
AUTO REPAIR, GARAGE
Est. value
$14.6M
MEDICAL BUILDING
Est. value
$12.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.3M
RETAIL STORES
Est. value
$11.0M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1917
Construction
STEEL FRAME
Heating
NONE
Stories
3
Lot
0.21 ac
Current owner
From public records · entity-resolved
New Generation Investments LLC
Entity
Mailing address
334 S MAIN ST STE #9109, LOS ANGELES, CA 90013-1359
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2022
$12,700,000
New Generation Investments LLC
725 Spring LLC
Grant Deed
$6,000,000 · Citizens Business Bank
Jan 10, 2006
—
8th & Spring LLC
725 Spring LLC
Grant Deed
—
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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