Property profile

941 Towne Ave Los Angeles, CA 90021

OFF-MARKET
Retail space
Property ID
US09-6494042
15,000 SF 0.34 ac lot Built 1978
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Construction TILT-UP CONCRETE
Total area 15,000 SF
Lot 0.34 ac (14,984 SF)
Zoning code LAM2
APN 5132-002-029
UPID US09-6494042

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Factory Textile Manufacturer
  • Parking Lot & Garage

Location

941 Towne Ave Los Angeles, CA 90021-2054
Los Angeles metro Census 226002 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.44M
CAP Approach CAP
$5.36M
Comparable Approach Comparable
$3.81M
Blend (final) Blend
$5.57M

Owner & transaction history

since 2022
Last sale
$7.0M
6 recorded transactions
2022
Price N/A
2012
Price N/A
2008
$7.0M
2008
Price N/A
2004
Price N/A
1969
Price N/A

Zoning & alternative use

LAM2 · Los Angeles, CA

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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