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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Retail space
7311 Beverly Blvd Los Angeles, CA 90036-2534
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7310522
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1938
Total area
3,470 SF
Lot
0.09 ac (4,000 SF)
Zoning code
LAC2
APN
5526-036-015
UPID
US09-7310522
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
-
Itacho Restaurant
-
PZK BBQ Korean Barbecue Restaurant Bbq Area
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$945k
Owner & transaction history
Manochehr Nazarian · 6 yrs held
Manochehr Nazarian
since 2019
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,340,000
6.5%
$1,240,000
7%
$1,150,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,425,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,470,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±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
$272 / 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
$20,580
Tax year 2024
Assessed value
$1,671,238
Assessed 2024
Previous assessed
$1,671,238
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,207,006
Assessed improvement
$464,232
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
1938
Heating
NONE
Stories
1
Total area
3,470 SF
Lot
0.09 ac (4,000 SF)
Zoning code
LAC2
APN
5526-036-015
UPID
US09-7310522
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
RETAIL STORES Current
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
RETAIL STORES Current
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
1938
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Manochehr Nazarian
Individual
Mailing address
7122 BEVERLY BLVD STE A, LOS ANGELES, CA 90036-2572
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Jan 6, 2023
—
La Brea LLC
—
Deed
related
$1,900,000 · First Republic Bank
Oct 28, 2019
—
Manochehr Nazarian
Remon Douvek
Quit Claim Deed
related
—
Sep 14, 2018
—
La Brea LLC
—
Deed
related
$1,000,000 · Lcpre Investments LLC
Feb 11, 2016
—
La Brea LLC
N&m Properties LLC
Grant Deed
$1,380,000 · Jpmorgan Chase Bank NA
Jul 24, 2008
—
Manochehr Nazarian
Nazarian,manochehr
Quit Claim Deed
—
Jul 23, 2008
—
Manochehr Nazarian
Nazarian,manochehr
Quit Claim Deed
related
—
Jun 6, 1990
$565,000
Romar Financial
Overstreet Monte
Trustees Deed
related
—
—
—
Manochehr Nazarian
—
Deed Of Trust
related
$690,000 · People Bank California
—
—
Manochehr Nazarian
—
Deed Of Trust
related
$110,300 · Us Small Business Admn
—
—
N & N Properties LLC
—
Deed Of Trust
related
$300,000 · Shlomo U Levy
—
—
La Brea LLC
—
Deed Of Trust
related
$1,000,000 · Lcpre Investments LLC
—
—
Manochehr Nazarian
—
Deed Of Trust
related
$791,000 · Saehan Bank
—
—
Manochehr Nazarian
—
Deed Of Trust
related
$545,000 · Imperial Thrift & Loan
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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