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Property profile & analytics
OFF-MARKET
Estimated value
$7,750,000
Office buildings
129 Washington Blvd Los Angeles, CA 90015-3606
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9623179
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
WOOD
Total area
1,171 SF
Lot
0.68 ac (29,488 SF)
Zoning code
LAM2
APN
5127-024-018
UPID
US09-9623179
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
-
Carsan Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.75M
Owner & transaction history
Aio Evg La Operating LLC · 2 yrs held
Aio Evg La Operating LLC
since 2024
Last sale
$7.8M
7 recorded transactions
Zoning & alternative use
LAM2 · 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
$7,750,000
ML approach
$7,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.75M
Range $6.98M – $8.53M · ±10% · vs last sale $7.75M (Feb 23 2024)
Last sale anchor
$7.75M
Feb 23 2024
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
$6,618 / 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
$28,073
Tax year 2024
Assessed value
$2,156,455
Assessed 2024
Previous assessed
$2,156,455
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$2,019,809
Assessed improvement
$136,646
Applied tax rate
6.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,171 SF
Lot
0.68 ac (29,488 SF)
Zoning code
LAM2
APN
5127-024-018
UPID
US09-9623179
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM2 · Los Angeles, CA
Zoning LAM2 · permitted uses
LAM2 · 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
1982
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Aio Evg La Operating LLC
Entity
Mailing address
7950 LEGACY DR STE #500, PLANO, TX 75024-4163
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2024
$7,750,000
Aio Evg La Operating LLC
Shama Enterprises LLC
Grant Deed
—
Apr 16, 2018
—
Shama Ents LLC
—
Grant Deed
related
$1,350,000 · Akasa Group LP
Aug 30, 2004
—
Unencumbered Assets Trust
Memorial Drive Office Complex
Quit Claim Deed
related
—
Aug 30, 2004
$4,525,000
Shama Ents LLC
Unencumbered Assets Trust
Grant Deed
$2,000,000 · California Bank & Trust
Aug 11, 1999
$1,446,694
Memorial Dr Office Complex LLC
Medimanager INC
Trustees Deed
—
Feb 2, 1996
$2,025,000
Medimanager INC
Ring Financial INC
Grant Deed
$1,275,000 · Ring Financial INC
Mar 22, 1995
$860,000
Ring Financial INC
Rubin,edward & Laurie S
Trustees 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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