Financial
Distress signals
Property profile

8218 3rd St Los Angeles, CA 90048

OFF-MARKET
Investment properties
Property ID
US09-7304772
2,341 SF 0.1 ac lot Built 1939
Last sale Feb 2022 · $3,000,000
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.
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Property summary

AI-generated overview

This exceptional 2,300-square-foot executive office space is situated on the vibrant West Third Street in West Hollywood, Los Angeles County, California (zip code 90048). Currently undergoing a complete renovation, this single-tenant property is ready for immediate occupancy. The space boasts abundant natural light, creating a bright and inviting atmosphere perfect for any business. Its prime location directly across from Toast ensures high foot traffic and excellent visibility, maximizing

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$38k
Tax billed · 2024
Assessed value$3.12M
Assessed land$2.81M
Assessed improvement$312k
Effective rate1.21%

Value estimate

· Sep 2026
$2.57M
$2.31M – $2.83M
AI approach$2.57M

Realmo valuation models over county records and 28 qualifying comparable sales.

Recently sold

What actually traded nearby?
$300/SF
Submarket average, outlier-cleaned · 1102 recorded sales of this use type
Observed band · Q1–Q3$128 – $503
Qualifying comparables28

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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
Laundromat11.7
Supermarket6.4
Bike Shop6.3

Location

8218 3rd St Los Angeles, CA 90048-4303
County assessor Recorded deeds · 6 transfers 28 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8731 3rd, Los Angeles, CA 90048-3803 $4,000,000 Oct 2024 3,626 SF
7955 3rd, Los Angeles, CA 90048-4323 $1,000,000 Jun 2024 4,744 SF
8616 3rd, Los Angeles, CA 90048-3324 $6,250,062 Mar 2023 5,101 SF
8325 Beverly, Los Angeles, CA 90048-2607 $3,000,030 Oct 2022 2,868 SF
401 Robertson, West Hollywood, CA 90048-1735 $8,700,087 Mar 2022 5,350 SF
8350 Beverly, Los Angeles, CA 90048-2632 $900,000 Jan 2019 3,536 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
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