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Property profile & analytics
OFF-MARKET
Theaters & concert halls
800 El Centro Ave Los Angeles, CA 90038-3806
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7287208
Property summary
AI-generated overview
Located in the heart of Hollywood, this 8,199 square foot corner lot at 800 N. El Centro Ave., Los Angeles, CA 90038, offers exceptional redevelopment potential. Currently zoned R-3, the property boasts a freestanding building, formerly a theater, situated within a densely populated residential area experiencing significant growth. Nearby, high-end multi-family complexes such as The LC and Metropolitan at Larchmont Village, along with new developments like Gilli's House and Empire at Larchmont, highlight the area's upward trajectory. The property's strategic location provides convenient access to Paramount Pictures, Larchmont Village, the Hollywood Media District, and Hancock Park. Existing entitlements allow for a 10-unit multi-family project featuring artistic studio lofts, gated parking, and shared amenities
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1914
Construction
TILT-UP CONCRETE
Total area
3,690 SF
Lot
0.19 ac (8,200 SF)
Zoning code
LAR3
APN
5534-031-017
UPID
US09-7287208
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
800 El Centro LLC · 8 yrs held
800 El Centro LLC
since 2018
7 recorded transactions
Zoning & alternative use
LAR3 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$20,758
Tax year 2024
Assessed value
$1,673,275
Assessed 2024
Previous assessed
$1,673,275
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,115,517
Assessed improvement
$557,758
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1914
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
3,690 SF
Lot
0.19 ac (8,200 SF)
Zoning code
LAR3
APN
5534-031-017
UPID
US09-7287208
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Los Angeles, CA
Zoning LAR3 · permitted uses
LAR3 · 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.
Building & site characteristics
From public records
Year built
1914
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
800 El Centro LLC
Entity
Mailing address
19730 VENTURA BLVD STE #18, WOODLAND HILLS, CA 91364-6304
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2019
—
800 El Centro LLC
—
Deed
related
$208,000 · Lonesome Miner LLC
May 10, 2018
—
800 El Centro LLC
Ben-moshe,rami & Sarit
Quit Claim Deed
—
Dec 19, 2017
$1,500,000
Rami Ben-moshe
Circle Theatre Group LLC
Grant Deed
—
May 17, 2012
$800,000
Circle Theatre Group LLC
Circle Apartments & Theater Mg
Grant Deed
—
—
—
800 El Centro LLC
—
Deed Of Trust
related
$208,000 · Lonesome Miner LLC
—
—
Apartments Circle
—
Deed Of Trust
related
$150,000 · Great Basin Bank Of Neveda
May 7, 1969
—
—
—
Grant Deed
related
—
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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