Property profile

8616 3rd St Los Angeles, CA 90048

OFF-MARKET
Investment properties
Property ID
US09-7701176
5,101 SF 0.15 ac lot Built 1937
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1937
Construction WOOD
Total area 5,101 SF
Lot 0.15 ac (6,425 SF)
Zoning code LAC2
APN 4334-009-017
UPID US09-7701176

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8616 3rd St Los Angeles, CA 90048-3324
Los Angeles metro Census 214902 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.55M

Owner & transaction history

since 2023
Last sale
$6.3M
4 recorded transactions
2023
$6.3M
2021
$4.7M
1999
Price N/A
1964
$11,500

Zoning & alternative use

LAC2 · Los Angeles, CA
Top alternative use upside
Retail stores $5.8M +281.4%
Restaurant $4.2M +174.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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