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Property profile & analytics
FOR SALE
Grocery and convenience stores
8273 S San Pedro St Los Angeles, CA 90003
Individually Owned
~
Est. High Equity
Property ID
US09-7623311
For Sale
1 / 79
$1,579,000
8273 S San Pedro St, Los Angeles, CA 90003
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Property summary
AI-generated overview
This exceptional Los Angeles property presents a unique investment opportunity, combining a thriving beer and wine market business with a substantial warehouse space. Located on a prominent corner lot at 8273 S San Pedro Street in Los Angeles County, CA 90003, this mixed-use property offers significant potential. The warehouse boasts over 18 feet of clearance, providing ample storage or conversion possibilities. The existing business is highly profitable, adding immediate income potential to this already attractive investment. The property's strategic location near Downtown LA ensures high visibility and accessibility. Convenient access is available from both San Pedro Street and E 82nd Street. The property's zoning allows for flexibility, with the potential for conversion of the warehouse into multiple residential units, subject to necessary permits and approvals. The asking price for this remarkable property is $2,100,000. Separate MLS listings are available for the property and business components. This is a rare chance to acquire a prime location with established income and significant upside potential. The property is classified as Special Purpose, Industrial, and Land.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1993
Construction
TILT-UP CONCRETE
Total area
3,065 SF
Lot
0.14 ac (6,130 SF)
Zoning code
LAR3
APN
6030-010-017
UPID
US09-7623311
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
$1.03M
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$945k
Owner & transaction history
Inderjit Singh Hundal & Amritpal Ka
Inderjit Singh Hundal & Amritpal Ka
since 2025
Last sale
$690,006
7 recorded transactions
Zoning & alternative use
LAR3 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.5M
+101.9%
Medical building
$1.4M
+83.2%
Auto repair, garage
$1.3M
+71.5%
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
$1,325,000
ML approach
$1,030,000
CAP Approach
CAP Return
Estimation
6%
$1,290,000
6.5%
$1,190,000
7%
$1,105,000
Alternative Use
Use
Estimation
RETAIL STORES
$760,000
Current use
OFFICE BUILDING
$1,540,000
Change: +102% · Conversion: Easy
MEDICAL BUILDING
$1,395,000
Change: +83% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,305,000
Change: +71% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,300,000
Change: +70% · Conversion: Moderate
WAREHOUSE, STORAGE
$855,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $690k (Sep 14 2020)
Last sale anchor
$690k
Sep 14 2020
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
$308 / 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
$9,468
Tax year 2024
Assessed value
$732,232
Assessed 2024
Previous assessed
$732,232
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$382,034
Assessed improvement
$350,198
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
For Sale
Year built
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Stories
1
Units
1
Total area
3,065 SF
Lot
0.14 ac (6,130 SF)
Zoning code
LAR3
APN
6030-010-017
UPID
US09-7623311
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$760,000
OFFICE BUILDING
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$855,000
RETAIL STORES Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
Cooling
Yes
Stories
1
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Inderjit Singh Hundal & Amritpal Ka
Individual
Mailing address
8277 S SAN PEDRO ST, LOS ANGELES, CA 90003-3042
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2025
—
Inderjit Singh Hundal & Amritpal Ka
Inderjit Singh Hundal
Deed
related
—
Dec 20, 2022
—
Inderjit Singh Hundal
—
Deed
related
$965,000 · Enterprise Bank & Trust
Sep 14, 2020
—
Inderjit S Hundal
Amritpal K Hundal
Quit Claim Deed
related
—
Sep 14, 2020
$690,000
Inderjit Singh Hundal
Eun Jang Gi
Grant Deed
$1,000,000 · First Choice Bank
Jan 17, 2018
—
Brian Gieun Jang
—
Deed
related
$165,000 · Uniti Bank
Dec 26, 2013
$390,000
Gi E Jang
Jun,chu J & Young C
Grant Deed
$350,000 · Uniti Bank
Mar 22, 1989
$67,500
Young C Jun
Cha
Grant Deed
$47,250 · Wilshire State Bank
—
—
Young C Jun
—
Deed Of Trust
related
$38,000 · Us Small Business Admn
—
—
Gi E Jang
—
Deed Of Trust
related
$40,000 · Young C & Chu J Jun
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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