Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8919 Miner St Los Angeles, CA 90002-1837

    • Auto shops
    • 5,200 SF
    • 1.59 lot acres
    OFF-MARKET
    Value Estimations
    $2,555,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9109801
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • C & C Pallets / Freight Service / Logistics Company
    • Strong Woodworks LLC / (Bike/Boat/Book/etc) Store
    • Luis G Mobile Auto Repair / Auto Repair Shop

    Property Details for 8919 Miner St

    Year built
    1952
    Construction
    WOOD
    Lot size
    1.59 lot acres
    Property size
    5,200 SF
    Zone code
    LCM1*
    Property type
    Auto shops
    APN
    6045-016-046
    APU
    6045016046

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,238,000
      Market price range: $568k - $2.24M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,825,000
      Current use
      OFFICE BUILDING
      $2,610,000
      Change: -8% Conversion: Difficult
      MEDICAL BUILDING
      $2,370,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.236
    Latitude
    33.9549
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $31,036
    $2,343,926
    $5,687
    $2,349,613
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $515,000
      1,296 SF

      9702 Wilmington Ave

      AUTO REPAIR, GARAGE • 1,296 SF
      9702 Wilmington Ave, Los Angeles, CA 90002-3036
      View Details
    • Value Estimation by Request
      3,200 SF

      8835 Juniper St

      AUTO REPAIR, GARAGE • 3,200 SF
      8835 Juniper St, Los Angeles, CA 90002
      View Details
    • Value Estimation by Request
      308 SF

      9201 Alameda St

      AUTO REPAIR, GARAGE • 308 SF
      9201 Alameda St, Los Angeles, CA 90002-2621
      View Details
    • Value Estimation by Request
      1,000 SF

      8735 Juniper St

      AUTO REPAIR, GARAGE • 1,000 SF
      8735 Juniper St, Los Angeles, CA 90002-1541
      View Details
    • Value Estimation by Request
      672 SF

      2100 Firestone Blvd

      AUTO REPAIR, GARAGE • 672 SF
      2100 Firestone Blvd, Los Angeles, CA 90002-1544
      View Details
    • Value Estimation
      $765,000
      2,250 SF

      9301 Alameda St

      AUTO REPAIR, GARAGE • 2,250 SF
      9301 Alameda St, Los Angeles, CA 90002
      View Details

    Similar Nearby for Sale

    • $360,000
      Pending

      Los Angeles Commercial Auto Repair Warehouse

      1,323 sq ft Los Angeles warehouse suitable for various businesses.
      10605 Compton Ave, Los Angeles, CA 90002
      View Details
    • $480,000
      Pending

      Residential Land in Los Angeles

      Residential parcel available for development in Los Angeles, California.
      10411 Hickory St, Los Angeles, CA 90002
      View Details
    • $2,100,000
      24,793 SF

      Corner Lot with Freeway Frontage

      Commercial land with freeway frontage and existing structures.
      11507 S Alameda St, Los Angeles, CA 90002
      View Details
    • Contact for pricing
      16,630 SF

      Los Angeles Industrial Warehouse Space

      16,630 SF Warehouse, Manufacturing Space, CA
      9109 Juniper St, Los Angeles, CA 90002
      View Details
    • Contact for pricing

      Land in Green Meadows Neighborhood

      Land available in Green Meadows neighborhood with immense potential.
      854 87Th St, Los Angeles, CA 90002
      View Details
    • Contact for pricing
      8,605 SF

      Renovated Warehouse with Fenced Yard

      Freestanding renovated warehouse with secure yard and parking.
      9111 Juniper St, Los Angeles, CA 90002
      View Details

    Similar Nearby for Lease

    • $0.75 SF/Yr
      8,800 SF

      Unincorporated LA County Warehouse Space

      8,800 SF building with drive-thru access and fenced yard.
      Unincorporated Ln County, Los Angeles, CA 90002
      View Details
    • Contact for pricing
      29,244 SF

      Commercial Building with Drive-Through

      Commercial building with drive-through capability on a large lot.
      9109 Miner St, Los Angeles, CA 90002
      View Details
    • Contact for pricing
      114,000 SF

      Freedom Plaza Retail Center

      Los Angeles Shopping Center: Spaces Available
      9901 Alameda St, Los Angeles, CA 90002
      View Details
    • Contact for pricing
      103,566 SF

      MLK Jr. Center Retail Space

      Los Angeles retail space, ample parking.
      1601-1673 103Rd St, Los Angeles, CA 90002
      View Details
    • Contact for pricing
      1,200 SF

      Central Ave Retail Space For Lease

      High-traffic retail space, ample parking.
      8600 Central Ave, Los Angeles, CA 90002
      View Details
    • Contact for pricing
      13,000 SF

      LAX Adjacent Warehouse Space

      Warehouse space near LAX with freeway access and secure yard.
      5218 W 104Th St, Los Angeles, CA 90002
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8919 Miner St
    Los Angeles, CA 90002-1837
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.