Back to Search
Property profile & analytics
FOR SALE
Turn key restaurants
12124 Washington Blvd Los Angeles, CA 90066
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0326606
For Sale
1 / 3
$1,400,000
12124 Washington Blvd, Los Angeles, CA 90066
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Construction
WOOD
Total area
1,350 SF
Lot
0.06 ac (2,502 SF)
Zoning code
CCC3YY
APN
4232-015-002
UPID
US10-0326606
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
-
The Plumbing Company Family Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.13M
Owner & transaction history
Anthony N Lardas · 4 yrs held
Anthony N Lardas
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
CCC3YY · 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
$1,140,000
ML approach
$1,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10% · vs last sale $1.14M (Apr 5 2022)
Last sale anchor
$1.14M
Apr 5 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
$833 / 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
$12,471
Tax year 2024
Assessed value
$1,024,794
Assessed 2024
Previous assessed
$1,024,794
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$941,562
Assessed improvement
$83,232
Applied tax rate
12.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
1,350 SF
Lot
0.06 ac (2,502 SF)
Zoning code
CCC3YY
APN
4232-015-002
UPID
US10-0326606
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CCC3YY · Los Angeles, CA
Zoning CCC3YY · permitted uses
CCC3YY · 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
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Anthony N Lardas
Individual
Free & Clear · 4 yrs held
Mailing address
3266 CATTARAUGUS AVE, CULVER CITY, CA 90232-7445
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2022
$1,144,000
Anthony N Lardas
Mary E Cavaness
Grant Deed
—
Apr 5, 2022
—
Anthony N Lardas
Rita J Lardas
Intrafamily Transfer
related
$800,800 · Bbcn Bank
Dec 3, 2021
—
Mark Baumohl
Billy Gene Bartholomew
Intrafamily Transfer
related
—
Feb 20, 2019
—
Barthatomew,billy G Trust
—
Trustees Deed
related
$475,000 · California Bk&tr
Apr 3, 2014
—
Bartholomew,billy G Trust
Bartholomew,william G
Quit Claim Deed
related
—
Mar 20, 2009
—
Cavaness B M & M E Family
Cavaness,bill M
Quit Claim Deed
related
—
Aug 25, 2003
—
Bill M Cavaness
Cavaness,bill M
Quit Claim Deed
related
—
—
—
Bill M Cavaness
—
Deed Of Trust
related
$115,000 · Alliance 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
