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Property profile & analytics
OFF-MARKET
Estimated value
$3,775,000
Parking lots & garages
1155 Vermont Ave Los Angeles, CA 90029-1753
Entity Owned
Absentee Owner
Free & Clear
Property ID
US10-0106989
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1970
Total area
9,000 SF
Lot
0.21 ac (9,000 SF)
Zoning code
LAC2
APN
5540-019-013
UPID
US10-0106989
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
-
Local Moving Services Moving Company
-
Hasratyan Anush MD Physician
-
Movers Near Me Los Angeles Moving Company
-
Ross Albert Berliner Physician
-
VSV Medical Inc Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.78M
Owner & transaction history
City Of Los Angeles
City Of Los Angeles
since 2025
Last sale
$5.0M
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$5,565,000
Current use
AUTO REPAIR, GARAGE
$4,890,000
Change: -12% · Conversion: Difficult
OFFICE BUILDING
$4,515,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.78M
Range $3.40M – $4.15M · ±10% · vs last sale $4.95M (May 22 2025)
Last sale anchor
$4.95M
May 22 2025
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
$419 / 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
$15,998
Tax year 2024
Assessed value
$1,190,060
Assessed 2024
Previous assessed
$1,190,060
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,178,281
Assessed improvement
$11,779
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
1970
Heating
NONE
Total area
9,000 SF
Lot
0.21 ac (9,000 SF)
Zoning code
LAC2
APN
5540-019-013
UPID
US10-0106989
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.
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.5M
PARKING LOT Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Lot
0.21 ac
Current owner
From public records · entity-resolved
City Of Los Angeles
Entity
Free & Clear · 0 yrs held
Mailing address
3700 W OLYMPIC BLVD STE #202, LOS ANGELES, CA 90019-2040
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2025
—
City Of Los Angeles
1141 N Vermont Nh LP
Deed
related
—
Aug 22, 2025
$4,950,000
1141 N Vermont Nh LP
Nvb Partners LLC
Grant Deed
$67,000,000 · Jpmorgan Chase Bank NA
Dec 10, 2014
$2,600,000
Nvb Partners LLC
Kim K N & O S Living Trust
Grant Deed
$1,300,000 · Kim K N & O S Trust (rt)
Oct 7, 2005
—
Kyung N Kim
Mahler Funding
Grant Deed
$1,286,000 · Affinity Bank
May 12, 2000
$640,000
Mahler Funding LP
Blasdel Trust
Trustees Deed
related
—
—
—
Funding LP Mahler
—
Deed Of Trust
related
$450,000 · Affinity Bank
—
—
Funding LP Mahler
—
Deed Of Trust
related
$550,000 · Affinity Bank
Jan 31, 1963
—
H George Blasdel
—
Grant Deed
related
—
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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