Property profile

953 Cole Ave Los Angeles, CA 90038

OFF-MARKET
Office buildings
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Property ID
US09-7812151
2,640 SF 0.14 ac Built 1961
Last sale Jan 2021·$2,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A turnkey creative office building of approximately 2,800 square feet located in the Hollywood Media District, within the State Enterprise Zone and an Opportunity Zone. The interior has undergone renovations including new flooring, a roof replacement, and multiple skylights. The space features a flexible floor plan with private offices and meeting rooms, a kitchenette, and concrete flooring. Restrooms have been upgraded, and the property includes gated private parking.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$35k
Tax billed · 2024
Assessed value$2.76M
Assessed land$2.44M
Assessed improvement$318k
Effective rate1.25%

Value estimate

· Nov 2026
$2.52M
$2.26M – $2.77M
AI approach$2.54M
Submarket $/SF estimate$2.09M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$502/SF
Submarket average, outlier-cleaned · 585 recorded sales of this use type
Observed band · Q1–Q3$237 – $792
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LAMR1
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Nursing Home
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nursing Home9.8
Assisted Living Facility9.4
Butcher8.7

Location

953 Cole Ave Los Angeles, CA 90038-2610
County assessor Recorded deeds · 11 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
747 Seward, Los Angeles, CA 90038-3503 $3,250,000 Aug 2024 2,386 SF
6700 Melrose, Los Angeles, CA 90038-3412 $4,000,000 Jul 2024 3,373 SF
1027 Cole, Los Angeles, CA 90038-2601 $1,450,000 Jul 2023 1,904 SF
738 Highland, Los Angeles, CA 90038-3415 $2,250,000 Sep 2022 1,900 SF
6721 Melrose, Los Angeles, CA 90038-3411 $3,250,032 Jun 2019 3,046 SF
758 Cahuenga, Los Angeles, CA 90038 $2,000,000 Feb 2019 1,874 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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