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Property profile & analytics
FOR LEASE
Warehouses
9110 Grape St Los Angeles, CA 90002
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8089429
For Lease
1 / 4
$5,365,000
9110 Grape St, Los Angeles, CA 90002
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1962
Total area
8,991 SF
Lot
0.46 ac (20,209 SF)
Zoning code
LCM1*
APN
6045-015-022
UPID
US09-8089429
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.37M
Owner & transaction history
Robert Bradley Ratliff · 3 yrs held
Robert Bradley Ratliff
since 2023
Last sale
$5.4M
6 recorded transactions
Zoning & alternative use
LCM1* · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.4M
+194.2%
Auto repair, garage
$4.9M
+94.4%
Office building
$4.5M
+79.5%
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
$5,365,000
ML approach
$5,395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$7,395,000
Change: +194% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,885,000
Change: +94% · Conversion: Easy
OFFICE BUILDING
$4,510,000
Change: +80% · Conversion: Difficult
MEDICAL BUILDING
$4,095,000
Change: +63% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,810,000
Change: +51% · Conversion: Moderate
RETAIL STORES
$3,690,000
Change: +47% · Conversion: Moderate
Blend value · Realmo final
$5.37M
Range $4.83M – $5.90M · ±10% · vs last sale $5.35M (Feb 2 2023)
Last sale anchor
$5.35M
Feb 2 2023
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
$597 / 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
$20,750
Tax year 2024
Assessed value
$1,504,500
Assessed 2024
Previous assessed
$1,504,500
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$1,224,000
Assessed improvement
$280,500
Applied tax rate
1.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1962
Heating
NONE
Stories
1
Total area
8,991 SF
Lot
0.46 ac (20,209 SF)
Zoning code
LCM1*
APN
6045-015-022
UPID
US09-8089429
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCM1* · Los Angeles, CA
Zoning LCM1* · permitted uses
LCM1* · 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
RESTAURANT
Est. value
$7.4M
AUTO REPAIR, GARAGE
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
RETAIL STORES
Est. value
$3.7M
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1962
Heating
NONE
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Robert Bradley Ratliff
Individual
Free & Clear · 3 yrs held
Mailing address
2857 BENTLEY WAY, DIAMOND BAR, CA 91765-3662
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2023
—
88th Street 2022 LLC
—
Deed
related
$1,979,000 · Cdc Small Business Finance Corp
Feb 2, 2023
—
Robert Bradley Ratliff
Richard E Ratliff
Affidavit Death Of Trustee/successor Trustee
related
—
Feb 1, 2023
$5,350,000
88th Street 2022 LLC
Robert Bradley Ratliff
Grant Deed
$2,675,000 · American Continental Bank
May 27, 2004
$87,000
Richard,e & Ratliff Tr
Christian Co INC
Grant Deed
—
Jun 23, 1992
—
Ratliff Richard E
—
Deed Of Trust
related
—
Jan 20, 1989
$85,000
Christian
Ratl
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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