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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Industrial land
9617 Laurel St Los Angeles, CA 90002-2655
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7990991
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1923
Lot
0.15 ac (6,652 SF)
Zoning code
LCM1*
APN
6046-010-029
UPID
US09-7990991
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
-
Five Five Auto Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$785k
Owner & transaction history
90th Land LLC · 3 yrs held
90th Land LLC
since 2022
Last sale
$850,008
7 recorded transactions
Zoning & alternative use
LCM1* · 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
Method
Estimation
Statistic approach
$685,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $850k (Nov 9 2022)
Last sale anchor
$850k
Nov 9 2022
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
—
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
$5,482
Tax year 2024
Assessed value
$433,500
Assessed 2024
Previous assessed
$433,500
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$433,500
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1923
Heating
NONE
Bathrooms
2
Lot
0.15 ac (6,652 SF)
Zoning code
LCM1*
APN
6046-010-029
UPID
US09-7990991
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.
Building & site characteristics
From public records
Year built
1923
Heating
NONE
Bathrooms
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
90th Land LLC
Entity
Mailing address
5716 ALBA ST, LOS ANGELES, CA 90058-3808
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2022
$850,000
90th Land LLC
Jaime Montoya Rivera
Grant Deed
$425,000 · First General Bank
Feb 11, 2022
—
Jaime Montoya Rivera
Jaime Montoya Rivera
Intrafamily Transfer
related
—
Sep 25, 2020
$370,000
Jaime M Rivera
Fidel Venegas
Grant Deed
—
Jul 18, 2008
$155,000
Fidel Venegas
Us Bank NA 2006-a2
Grant Deed
—
Mar 24, 2008
$130,000
Us Bank Jpalt 2006-a2
Td Service
Trustees Deed
related
—
Mar 18, 2008
$130,000
Us Bank Jpalt 2006-a2
Td Service
Trustees Deed
related
—
Mar 1, 2006
$325,000
Dario Velasquez
Laurel Street Trust 9617
Grant Deed
$260,000 · Greenpoint Mortgage Funding
Apr 15, 2005
$240,000
Laurel Street Trust 9617
Nic Hamill Dev LLC
Grant Deed
—
Mar 22, 2005
$125,000
Nic Hamill Dev LLC
Duncan,tim
Grant Deed
$167,000 · Charles E Barron
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.
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