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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Retail space
840 Wall St Los Angeles, CA 90014-2308
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0468550
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
TILT-UP CONCRETE
Total area
4,838 SF
Lot
0.11 ac (4,834 SF)
Zoning code
LAM2
APN
5145-010-005
UPID
US10-0468550
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
-
Liability Managers Business To Business Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.73M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.31M
Owner & transaction history
Shadnaris LLC · 18 yrs held
Shadnaris LLC
since 2007
7 recorded transactions
Zoning & alternative use
LAM2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.1M
+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%
$1,870,000
6.5%
$1,725,000
7%
$1,605,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,985,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,050,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±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
$270 / 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
$17,089
Tax year 2024
Assessed value
$1,231,071
Assessed 2024
Previous assessed
$1,231,071
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$941,413
Assessed improvement
$289,658
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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
3
Total area
4,838 SF
Lot
0.11 ac (4,834 SF)
Zoning code
LAM2
APN
5145-010-005
UPID
US10-0468550
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
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Shadnaris LLC
Entity
Mailing address
844 WALL ST, LOS ANGELES, CA 90014-2308
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2018
—
Shadnaris LLC
—
Deed
related
$700,000 · First Citizens Bank
Feb 16, 2018
—
Shadnaris LLC
—
Loan Modification
related
$1,100,000 · Jp Morgan Chase Bk
Dec 4, 2007
—
Shadnaris LLC
Torbati Morteza & S Trust
Quit Claim Deed
related
—
Feb 22, 2005
—
Torbati Morteza & Shahla Trust
Torbati,morteza
Quit Claim Deed
related
—
Jul 19, 2001
—
Morteza Torbati
Shakouri,firouz & Latifeh
Grant Deed
$550,000 · Firouz & Latifeh
Dec 6, 1996
$753,371
Firouz Shakouri
Haki-mijoo,fereidon
Trustees Deed
—
Oct 10, 1990
$495,000
Hakimijoo Fereid
Commonwealth Ser
Trustees Deed
related
$760,001 · Seller
Mar 9, 1990
—
Arnol Meyerstein
Meyerstein,arnol
Quit Claim Deed
related
$800,000 · Metrobank
—
—
Fereid Hakimijoo
—
Deed Of Trust
related
$700,000 · Individual
—
—
Morteza Torbati
—
Deed Of Trust
related
$550,000 · Nara Bank
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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