Back to Search
Property profile & analytics
OFF-MARKET
Parking lots & garages
1217 Washington Blvd Los Angeles, CA 90007-1328
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9279912
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1958
Construction
WOOD
Total area
6,000 SF
Lot
0.14 ac (6,251 SF)
Zoning code
LARD1.5
APN
5135-012-009
UPID
US09-9279912
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
-
Lavanderia (Bike/Boat/Book/etc) Store
-
Chupitos Nails Nail Salon
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
1217 Washington LLC · 8 yrs held
1217 Washington LLC
since 2018
7 recorded transactions
Zoning & alternative use
LARD1.5 · 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
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
$9,694
Tax year 2024
Assessed value
$780,859
Assessed 2024
Previous assessed
$780,859
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$758,551
Assessed improvement
$22,308
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
1958
Construction
WOOD
Heating
NONE
Total area
6,000 SF
Lot
0.14 ac (6,251 SF)
Zoning code
LARD1.5
APN
5135-012-009
UPID
US09-9279912
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARD1.5 · Los Angeles, CA
Zoning LARD1.5 · permitted uses
LARD1.5 · 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
1958
Construction
WOOD
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
1217 Washington LLC
Entity
Mailing address
269 S BEVERLY DRPMB468, BEVERLY HILLS, CA 90212-3851
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Feb 23, 2018
$1,700,000
1217 Washington LLC
Robindra N Basdeo
Grant Deed
$1,232,000 · Compass Bank
Dec 21, 2010
—
Basdeo Robindra N Living Trust
Basdeo,robindra N
Quit Claim Deed
related
—
Dec 12, 2002
—
Robindra N Basdeo
Basdeo,robindra N
Quit Claim Deed
related
$300,000 · Goodwin & Frieda Goldfaden
Apr 30, 1999
—
Robindra N Basdeo
Basdeo,l
Quit Claim Deed
related
—
Apr 28, 1995
$150,000
Dove Development Co
Gutiereez,margarita
Grant Deed
related
$50,000 · Eastern Mortgage Co Emp Retire
Mar 15, 1991
$311,818
Margarita Gutierrez
Unknown
Grant Deed
—
Mar 27, 1989
—
Liv Spuhler
Spuhler Julius W
Quit Claim Deed
related
—
—
—
Dove Development Co
—
Deed Of Trust
related
$297,500 · Verdugo Banking
—
—
Dove Development Co
—
Deed Of Trust
related
$53,500 · Bagno Trust
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?”
You own 1217 Washington Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
