Property profile

738 N Highland Ave Los Angeles, CA 90038

FOR SALE
Office buildings
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Property ID
US09-7052335
1,900 SF 0.07 ac Built 1938
Last sale Sep 2022·$2,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$29k
Tax billed · 2024
Assessed value$2.30M
Assessed land$1.61M
Assessed improvement$689k
Effective rate1.25%

Value estimate

· Nov 2026
$2.62M
$2.36M – $2.88M
AI approach$2.38M
Submarket $/SF estimate$1.50M
NOI build-up
Gross scheduled income$70k
Vacancy & credit loss−$7k
Operating expenses−$19k
NOI · 2.33% cap applied$44k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$502/SF
Submarket average, outlier-cleaned · 585 recorded sales of this use type
Observed band · Q1–Q3$237 – $792
Qualifying comparables6

Cap rate analysis

How does the asset earn?
2.33%
$44k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LAC2
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat8.8
Shoe Repair7.9
Mobile Phone Store7.5

Location

738 N Highland Ave Los Angeles, CA 90038
County assessor Recorded deeds · 11 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
747 Seward, Los Angeles, CA 90038-3503 $3,250,000 Aug 2024 2,386 SF
6769 Lexington, Los Angeles, CA 90038-1216 $1,075,010 Oct 2023 1,480 SF
1027 Cole, Los Angeles, CA 90038-2601 $1,450,000 Jul 2023 1,904 SF
953 Cole, Los Angeles, CA 90038-2610 $2,600,026 Jan 2021 2,640 SF
6721 Melrose, Los Angeles, CA 90038-3411 $3,250,032 Jun 2019 3,046 SF
758 Cahuenga, Los Angeles, CA 90038 $2,000,000 Feb 2019 1,874 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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