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Property profile & analytics
OFF-MARKET
Parking lots & garages
1008 Nowita Pl Venice, CA 90291
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0498183
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1925
Total area
4,760 SF
Lot
0.11 ac (4,777 SF)
Zoning code
LAR1
APN
4242-010-029
UPID
US10-0498183
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Holland Investments Ak LLC · 11 yrs held
Holland Investments Ak LLC
since 2015
7 recorded transactions
Zoning & alternative use
LAR1 · Venice, 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 Venice submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Venice 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
—
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
$18,808
Tax year 2024
Assessed value
$1,545,901
Assessed 2024
Previous assessed
$1,545,901
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,531,766
Assessed improvement
$14,135
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1925
Heating
NONE
Stories
1
Rooms
4
Total area
4,760 SF
Lot
0.11 ac (4,777 SF)
Zoning code
LAR1
APN
4242-010-029
UPID
US10-0498183
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR1 · Venice, CA
Zoning LAR1 · permitted uses
LAR1 · Venice, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Venice. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
NONE
Stories
1
Rooms
4
Lot
0.11 ac
Current owner
From public records · entity-resolved
Holland Investments Ak LLC
Entity
Mailing address
900 WILSHIRE BLVD STE #2400, LOS ANGELES, CA 90017-4790
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Feb 5, 2015
$4,632,000
Holland Investments Ak LLC
Lincoln & Venice Investments L
Grant Deed
—
Apr 25, 2008
$3,487,500
Lincoln & Venice Invs LLC
Atlantis Trust
Grant Deed
$2,100,000 · Citizens Business Bank
Dec 3, 2007
—
Atlantis Trust
Sarlo,michael J
Quit Claim Deed
related
—
Apr 19, 2005
—
Michael J Sarlo
Sarlo,lory K
Quit Claim Deed
related
—
Apr 19, 2005
$2,000,000
Michael J Sarlo
Abouaf,jay S
Grant Deed
—
Oct 22, 1996
—
Abouaf Sondra E
Abouaf,h R & S E
Quit Claim Deed
related
—
Oct 11, 1996
—
Abouaf Sondra E
Abouaf,h R & S E
Quit Claim Deed
related
—
Sep 6, 1989
$801,500
Cbf&z Finl Advis
Kaplan Leon S
Trustees Deed
related
$400,000 · Santa Monica Bank
—
—
Jay S Abouaf
—
Deed Of Trust
related
$570,000 · Us Bank NA
—
—
Michael J Sarlo
—
Deed Of Trust
related
$2,100,000 · Citizens Business Bank
—
—
Leon S Kaplan
—
Deed Of Trust
related
$750,000 · Encino Savings Bank
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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