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Property profile & analytics
OFF-MARKET
Estimated value
$3,025,000
Retail space
821 San Pedro St Los Angeles, CA 90014-2405
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0468549
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1916
Construction
TILT-UP CONCRETE
Total area
11,360 SF
Lot
0.26 ac (11,422 SF)
Zoning code
LAM2
APN
5145-009-003
UPID
US10-0468549
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
-
Aisha shop Big Box & Wholesale Store
-
Manzi Care Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.03M
Owner & transaction history
First Republic Bank · 3 yrs held
First Republic Bank
since 2022
7 recorded transactions
Zoning & alternative use
LAM2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.8M
+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%
$4,395,000
6.5%
$4,055,000
7%
$3,765,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,665,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,810,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$3.03M
Range $2.72M – $3.33M · ±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
$266 / 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
$40,545
Tax year 2024
Assessed value
$2,958,000
Assessed 2024
Previous assessed
$2,958,000
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$2,550,000
Assessed improvement
$408,000
Applied tax rate
13.0000
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
1916
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
11,360 SF
Lot
0.26 ac (11,422 SF)
Zoning code
LAM2
APN
5145-009-003
UPID
US10-0468549
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM2 · Los Angeles, CA
Zoning LAM2 · permitted uses
LAM2 · 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
$4.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.8M
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
1916
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
First Republic Bank
Entity
Mailing address
825 S SAN PEDRO ST STE #200, LOS ANGELES, CA 90014-2489
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Sep 29, 2022
—
First Republic Bank
822 San Julian LLC
Assignment Of Lease (leasehold Sale)
$2,000,000 · First Republic Bank
Nov 2, 2018
—
Chatoff,mark A Trust
—
Grant Deed
related
$2,000,000 · City Nat'l Bk
Mar 5, 2013
—
Chatoff Mark A Trust
—
Deed Of Trust
related
$1,710,000 · City National Bank
Jan 30, 2013
—
Chatoff Mark A Trust
Chatoff,mark
Quit Claim Deed
related
—
—
—
Mark Chatoff
—
Deed Of Trust
related
$478,578 · First Continental Bank
—
—
Mark Chatoff
—
Deed Of Trust
related
$600,000 · First Continental Bank
—
—
Mark Chatof
—
Deed Of Trust
related
$445,000 · First Continental Bank
—
—
Mark Chatoff
—
Deed Of Trust
related
$1,500,000 · Bank Of The West
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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