8600 Central Ave Los Angeles, CA 90002-1124
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Estimated value (blended)
$1.51M
Range $1.35M – $1.66M (±10%)
Property ID
US09-6341813
Property summary
AI-generated overview
This 1,200 square foot retail space is located in Los Angeles County at the signalized corner of South Central Avenue and Manchester Avenue. The property is situated within a 7-Eleven anchored center and benefits from excellent street exposure and signage opportunities. The building itself is well-maintained and boasts ample parking, a significant advantage in this high-traffic area. The space was previously occupied by a Subway restaurant, and food use is approved. This prime location offers exceptional visibility and accessibility, with a daily traffic count exceeding 57,000 vehicles. The surrounding area demonstrates strong demographics, with a population of 60,000 within a one-mile radius and an average household income of $58,000. This single-tenant space presents a unique opportunity for businesses seeking high visibility and a strong customer base in a bustling commercial area. The property is currently vacant and ready for immediate occupancy. All utilities are available. The property is a well-maintained structure with excellent curb appeal.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2012
Construction
TILT-UP CONCRETE
Total area
4,688 SF
Lot
0.29 ac (12,522 SF)
Zoning code
LACM
APN
6043-001-027
UPID
US09-6341813
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Grocery & Convenience Store
-
Insurance Agency
-
Bank Credit Union
-
Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.68M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.51M
Owner & transaction history
since 2018
7 recorded transactions
Zoning & alternative use
LACM · Los Angeles, CA
Top alternative use upside
Office building
$2.4M
+22.2%
Medical building
$2.1M
+11.0%
Neighborhood: shopping center
$2.0M
+3.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 30 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.51M
Value range
$1.35M – $1.66M
±10% around blend
Estimated value / SF
$321 / SF
Confidence
High
30 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$1.35M
blend $1.51M
$1.66M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,688 SF
Lot area
0.29 ac
Year built
2012
Stories
1
APN
6043-001-027
Assessed value
$2,867,286
Annual tax
$36,541
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.68M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.82M
@ 6.5% CAP return
$1.68M
@ 7% CAP return
$1.56M
4
Sales comparison
Partial preview
Sales approach indication
$1.42M
Weighted, 20 comps · high confidence
Evidence
30 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.2 mi away · 3,828 SF
2.1 mi away · 3,680 SF
3.5 mi away · 5,067 SF
3.8 mi away · 6,055 SF
4.2 mi away · 3,696 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.51M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 1199 sales
$411
-22%
County 3566 sales
$383
-16%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $321/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+22%
vs current-use indication
Medical Building
Neighborhood: Shopping Center
Retail Stores · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 30 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.87M
Move the market yield to see immediate price impact.
Value / SF
$612
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$181k
$3.61M
$2.58M
$2.01M
$201k
$4.01M
$2.87M
$2.23M
$221k
$4.42M
$3.15M
$2.45M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
30 found
High confidence · county-verified
Closest comparable
$1.15M
1.1 mi · Aug 2025 · $211/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$36,541
Tax year 2024
Assessed value
$2,867,286
Assessed 2024
Previous assessed
$2,867,286
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,433,643
Assessed improvement
$1,433,643
Applied tax rate
8.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
2012
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
4,688 SF
Lot
0.29 ac (12,522 SF)
Zoning code
LACM
APN
6043-001-027
UPID
US09-6341813
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LACM · Los Angeles, CAZoning LACM · permitted uses
LACM · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2012
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.29 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LACM
Jurisdiction
Los Angeles, CA
Recorded code
LACM
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LACM in Los Angeles, CA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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