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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Investment properties
8223 Western Ave Los Angeles, CA 90047-3036
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7205387
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1955
Construction
WOOD
Total area
5,730 SF
Lot
0.17 ac (7,210 SF)
Zoning code
LAC2
APN
6035-016-006
UPID
US09-7205387
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
$1.15M
Blend (final)
Blend
$980k
Owner & transaction history
8217 S Western LLC · 13 yrs held
8217 S Western LLC
since 2013
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.6M
+27.1%
Warehouse, storage
$1.6M
+25.6%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,275,000
Current use
INDUSTRIAL (GENERAL)
$1,620,000
Change: +27% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,600,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±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
$171 / 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
$9,928
Tax year 2024
Assessed value
$725,951
Assessed 2024
Previous assessed
$725,951
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$362,180
Assessed improvement
$363,771
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1955
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
5,730 SF
Lot
0.17 ac (7,210 SF)
Zoning code
LAC2
APN
6035-016-006
UPID
US09-7205387
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
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
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
1955
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
8217 S Western LLC
Entity
Mailing address
1107 FAIR OAKS AVE #158, SOUTH PASADENA, CA 91030-3311
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2013
$1,099,000
8217 S Western LLC
Julio C Maldonado
Grant Deed
$550,000 · Gilmore Bank
Jul 19, 2007
$1,400,000
Julio C Maldonado
Lara,jacob A
Grant Deed
$926,000 · Union Bank Of California
Dec 2, 2005
—
Jacob A Lara
Lara,jacob A
Quit Claim Deed
related
—
Oct 24, 2005
$1,180,000
Jacob A Lara
Villanueva,pedro & Lucila
Grant Deed
$767,000 · East West Bank
Aug 31, 2004
$950,000
Pedro Villanueva
Corinthian Properties LLC
Grant Deed
$712,500 · Velocity Commercial Capital
Jun 28, 2002
—
Corinthian Properties LLC
—
Deed Of Trust
related
$5,000,000 · Elvis T Tan
Sep 6, 2001
$210,000
Corinthian Properties LLC
Carrnaza,fermin
Grant Deed
$157,500 · Omni Bank
Sep 6, 2001
—
Fermin Carranza
Bienz,p E
Quit Claim Deed
related
—
Nov 3, 1999
$260,000
Fermin A Carranza
Southern Pacific Bank
Grant Deed
—
Dec 18, 1998
$195,500
Southern Pacific Bank
Taylor,donald B & Carol C
Trustees Deed
related
—
—
—
Fermin Carranza
—
Deed Of Trust
related
$330,000 · Valley Td Co
—
—
8217 South Western LLC
—
Loan Modification
related
—
—
—
Donald B Taylor
—
Deed Of Trust
related
$312,000 · Southern Pacific Thrift & Loan
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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