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Property profile & analytics
OFF-MARKET
Estimated value
$3,500,000
Retail space
728 Vernon Ave Los Angeles, CA 90037-2614
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7788459
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Construction
TILT-UP CONCRETE
Total area
6,082 SF
Lot
0.49 ac (21,365 SF)
Zoning code
LAC2
APN
5018-032-032
UPID
US09-7788459
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
-
7-Eleven Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.50M
CAP Approach
CAP
$2.29M
Comparable Approach
Comparable
$2.16M
Blend (final)
Blend
$3.50M
Owner & transaction history
Ahmad Cahla Plaza LLC · 2 yrs held
Ahmad Cahla Plaza LLC
since 2024
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.0M
+218.9%
Auto repair, garage
$3.3M
+110.8%
Office building
$3.1M
+94.6%
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
$3,500,000
ML approach
$3,500,000
CAP Approach
CAP Return
Estimation
6%
$2,475,000
6.5%
$2,285,000
7%
$2,120,000
Alternative Use
Use
Estimation
RESTAURANT
$5,005,000
Change: +219% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,305,000
Change: +111% · Conversion: Difficult
OFFICE BUILDING
$3,050,000
Change: +95% · Conversion: Easy
MEDICAL BUILDING
$2,770,000
Change: +77% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,575,000
Change: +64% · Conversion: Moderate
Blend value · Realmo final
$3.50M
Range $3.15M – $3.85M · ±10% · vs last sale $3.50M (Apr 26 2024)
Last sale anchor
$3.50M
Apr 26 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
$575 / 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
$41,258
Tax year 2024
Assessed value
$3,295,872
Assessed 2024
Previous assessed
$3,295,872
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$2,209,323
Assessed improvement
$1,086,549
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
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
4
Total area
6,082 SF
Lot
0.49 ac (21,365 SF)
Zoning code
LAC2
APN
5018-032-032
UPID
US09-7788459
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning 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
Los Angeles. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
4
Lot
0.49 ac
Current owner
From public records · entity-resolved
Ahmad Cahla Plaza LLC
Entity
Mailing address
15920 DOWNEY AVE STE A5, PARAMOUNT, CA 90723-5143
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2025
—
Ahmad Cahla Plaza LLC
—
Deed
related
$2,500,000 · Republic Bank Of Chicago
Apr 26, 2024
$3,500,000
Ahmad Cahla Plaza LLC
4m Red Maple LLC
Grant Deed
—
Aug 23, 2012
—
4m Red Maple LLC
602 West Chapman LLC
Grant Deed
—
Dec 8, 2009
$475,000
Adam Vernon LLC
Finance Unlimited LLC
Grant Deed
$500,000 · Wiener Family Trust
Nov 12, 2009
$900,000
Finance Unlimited LLC
Imperial Mortgage Corp
Trustees Deed
related
—
—
—
Jpmf USA Corp
—
Deed Of Trust
related
$1,000,000 · Franklin & Phyllis Tell
—
—
4m Red Maple LLC
—
Deed Of Trust
related
$1,650,000 · Standard Insurance Co
—
—
Jpmf USA Corp
—
Deed Of Trust
related
$1,145,000 · Hanmi Bank
—
—
Finance Unlimited LLC
—
Deed Of Trust
related
$1,000,000 · Dayco Funding Corp
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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