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Property profile & analytics
OFF-MARKET
Estimated value
$3,915,000
Grocery and convenience stores
8137 Vermont Ave Los Angeles, CA 90044-3535
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0483749
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1993
Construction
TILT-UP CONCRETE
Total area
12,000 SF
Lot
1.02 ac (44,626 SF)
Zoning code
LAC2
APN
6033-022-017
UPID
US10-0483749
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
-
Smart & Final Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.51M
Comparable Approach
Comparable
$4.74M
Blend (final)
Blend
$3.92M
Owner & transaction history
Realty Income Props 16 LLC · 14 yrs held
Realty Income Props 16 LLC
since 2011
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.5M
+95.2%
Office building
$6.0M
+80.2%
Medical building
$5.5M
+63.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,885,000
6.5%
$4,510,000
7%
$4,185,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,340,000
Current use
AUTO REPAIR, GARAGE
$6,525,000
Change: +95% · Conversion: Difficult
OFFICE BUILDING
$6,025,000
Change: +80% · Conversion: Easy
MEDICAL BUILDING
$5,465,000
Change: +64% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,080,000
Change: +52% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,395,000
Change: +2% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,355,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$3.92M
Range $3.52M – $4.31M · ±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
$326 / 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
$81,353
Tax year 2024
Assessed value
$6,477,307
Assessed 2024
Previous assessed
$6,477,307
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$3,694,282
Assessed improvement
$2,783,025
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
12,000 SF
Lot
1.02 ac (44,626 SF)
Zoning code
LAC2
APN
6033-022-017
UPID
US10-0483749
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
$3.3M
AUTO REPAIR, GARAGE
Est. value
$6.5M
OFFICE BUILDING
Est. value
$6.0M
MEDICAL BUILDING
Est. value
$5.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
INDUSTRIAL (GENERAL)
Est. value
$3.4M
WAREHOUSE, STORAGE
Est. value
$3.4M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Realty Income Props 16 LLC
Entity
Free & Clear · 14 yrs held
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2011
$5,698,500
Realty Income Props 16 LLC
Smart & Final Properties I LLC
Grant Deed
—
Jun 14, 2007
—
Smart & Final Properties I LLC
Smart & Final INC
Quit Claim Deed
$175,000,000 · Bank Of America
Jun 17, 1997
$1,200,000
Smart & Final INC
Casino Realty INC
Grant Deed
—
Aug 17, 1989
$20,500
Banks Marilyn
Ander
Trustees Deed
related
—
Dec 23, 1988
—
Casino Realty
Smart
Grant Deed
related
—
—
—
Smart & Final INC
—
Deed Of Trust
related
—
—
—
Smart & Final INC
—
Deed Of Trust
related
—
—
—
Marilyn Banks
—
Deed Of Trust
related
$37,714 · Witherspoon Fred
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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