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Property profile & analytics
FOR LEASE
Banks
8814 S Sepulveda Blvd Los Angeles, CA 90045
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7558254
For Lease
1 / 6
$5,500/Mo
8814 S Sepulveda Blvd, Los Angeles, CA 90045
View Listing →
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1944
Construction
TILT-UP CONCRETE
Total area
13,094 SF
Lot
0.23 ac (10,201 SF)
Zoning code
LAC2
APN
4123-001-003
UPID
US09-7558254
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
-
Wells Fargo Bank Bank Loan Service
-
Wells Fargo ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.20M
Owner & transaction history
Platinum Lax Properties LLC · 3 yrs held
Platinum Lax Properties LLC
since 2022
Last sale
$6.8M
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.1M
+0.7%
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
$5,495,000
ML approach
$5,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$7,070,000
Current use
AUTO REPAIR, GARAGE
$7,120,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$6,570,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$5,965,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$6.20M
Range $5.58M – $6.82M · ±10% · vs last sale $6.80M (Dec 2 2022)
Last sale anchor
$6.80M
Dec 2 2022
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
$473 / 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
$73,871
Tax year 2024
Assessed value
$5,756,880
Assessed 2024
Previous assessed
$5,756,880
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$3,060,000
Assessed improvement
$2,696,880
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
Banks
Use group
FINANCIAL BUILDING
Status
For Lease
Year built
1944
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
13,094 SF
Lot
0.23 ac (10,201 SF)
Zoning code
LAC2
APN
4123-001-003
UPID
US09-7558254
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
FINANCIAL BUILDING Current
Est. value
$7.1M
AUTO REPAIR, GARAGE
Est. value
$7.1M
OFFICE BUILDING
Est. value
$6.6M
MEDICAL BUILDING
Est. value
$6.0M
FINANCIAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
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
1944
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Platinum Lax Properties LLC
Entity
Mailing address
8500 WILSHIRE BLVD STE #105, BEVERLY HILLS, CA 90211-3110
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2022
$6,800,000
Platinum Lax Properties LLC
H F H Ltd
Grant Deed
$5,440,000 · Bank Of America NA
Mar 22, 2018
—
Hfh Ltd
—
Grant Deed
related
$1,350,000 · First Republic Bk
Nov 7, 2017
—
Hfh Ltd
—
Grant Deed
related
$1,950,000 · First Republic Bk
Aug 11, 2011
—
Hfh Ltd
Hfh Westchester I LLC
Quit Claim Deed
related
—
Jun 4, 2004
—
Hfh Westchester I LLC
H F H Ltd
Grant Deed
related
—
Aug 30, 1988
$50,000
H F H Ltd
Unknown
Grant Deed
—
—
—
Hfh Westchester I LLC
—
Deed Of Trust
related
$1,000,000 · Manufacturers Bank
—
—
Hfh Ltd
—
Deed Of Trust
related
$1,725,000 · Manufacturers Bank
—
—
H F H Ltd
—
Deed Of Trust
related
$3,300,000 · Manufacturers Bank
—
—
Hfh Westchester I LLC
—
Deed Of Trust
related
$1,400,000 · Manufacturers Bank
—
—
Hfh Ltd
—
Deed Of Trust
related
$1,400,000 · Manufacturers 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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