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Property profile & analytics
OFF-MARKET
Estimated value
$1,830,000
Specialty properties
938 Figueroa St Los Angeles, CA 90015
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6497192
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1923
Construction
TILT-UP CONCRETE
Total area
72,426 SF
Lot
0.38 ac (16,698 SF)
Zoning code
LAC2
APN
5138-002-019
UPID
US09-6497192
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
-
Comete Un Taco Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.83M
Owner & transaction history
940 Figueroa LLC · 13 yrs held
940 Figueroa LLC
since 2012
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$25 / 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
$97,146
Tax year 2024
Assessed value
$6,706,447
Assessed 2024
Previous assessed
$6,706,447
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$4,992,111
Assessed improvement
$1,714,336
Applied tax rate
13.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
72,426 SF
Lot
0.38 ac (16,698 SF)
Zoning code
LAC2
APN
5138-002-019
UPID
US09-6497192
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.
Building & site characteristics
From public records
Year built
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.38 ac
Current owner
From public records · entity-resolved
940 Figueroa LLC
Entity
Mailing address
606 S OLIVE ST STE #600, LOS ANGELES, CA 90014-1669
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Aug 30, 2019
—
940 Figueroa LLC
—
Deed
related
$4,000,000 · Israel Discount Bk/ny
Jan 7, 2016
—
940 Figueroa LLC
—
Deed Of Trust
related
$15,500,000 · Preferred Bk
Oct 2, 2012
—
940 Figueroa LLC
Robhana INC
Grant Deed
related
$4,500,000 · Bank Leumi USA
May 17, 2012
$7,600,000
Robhana INC
East West Investment INC
Trustees Deed
related
—
Jan 15, 2008
—
Theatre Club Of Los Angeles LLC
Cardiff Equities INC
Grant Deed
$7,500,000 · United Commercial Bank
Mar 20, 2007
—
Theatre Club Los Angeles LLC
Cardiff Equities INC
Grant Deed
—
Dec 8, 2006
—
Cardiff Equities INC
Anschutz Entertainment Group I
Grant Deed
$6,250,000 · All California Funding
Mar 9, 2004
—
Anschutz Entertainment Group I
Variety Arts Center Of Los Ang
Grant Deed
related
—
Aug 12, 1988
$2,620,000
Arts Cen Variety
Society For Pres
Grant Deed
$1,500,000 · Sehdeva Jagjit S
—
—
940 Figueroa LLC
—
Deed Of Trust
related
$4,000,000 · Israel Discount Bk/ny
—
—
Robhana INC
—
Deed Of Trust
related
$7,600,000 · M&y Management INC
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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