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Property profile & analytics
OFF-MARKET
Auto shops
1629 8th St, Los Angeles, CA 90017-2107
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-0472516
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1932
Construction
TILT-UP CONCRETE
Total area
1,164 SF
Lot
0.16 ac (7,057 SF)
Zoning code
LAC2
APN
5142-016-022
UPID
US10-0472516
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
-
Five Sixty Auto Glass Auto Repair Shop
-
TACOS WILLIAM Restaurant
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
Omni Collision Center INC · 2 yrs held
Omni Collision Center INC
since 2024
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
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
$21,037
Tax year 2024
Assessed value
$1,697,932
Assessed 2024
Previous assessed
$1,697,932
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,591,812
Assessed improvement
$106,120
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1932
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
1,164 SF
Lot
0.16 ac (7,057 SF)
Zoning code
LAC2
APN
5142-016-022
UPID
US10-0472516
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.
Building & site characteristics
From public records
Year built
1932
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Omni Collision Center INC
Entity
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
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
—
Omni Collision Center INC
Jerry Koo Kang
Lease
$636,750 · Calprivate Bank
Aug 31, 2020
$1,600,000
Jerry Koo Kang
Kyu Kang Yi
Grant Deed
$1,310,000 · Open Bank
Oct 18, 2018
—
Yi K Kang
—
Deed
related
$530,000 · Crossroads Small Busn Solution
Oct 12, 2006
—
Yi K Kang
Kang,yun H
Quit Claim Deed
related
$290,000 · Shinhan Bank
Mar 9, 2006
—
Yun H Kang
—
Trustees Deed
related
$100,000 · Mirae Bank
Mar 23, 2005
—
Yun H Kang
Kang,yi K
Quit Claim Deed
related
—
Mar 23, 2000
—
Yi K Kang
Kang,y H
Quit Claim Deed
related
—
Mar 23, 2000
$330,000
Kang,yi K
Kim,young C & Yong H
Trustees Deed
$231,000 · Nara Bank
Dec 24, 1991
$385,000
Yong C Kim
Korea First Bank
Grant Deed
$300,000 · Seller
Mar 3, 1989
—
Fira Chernyak
Chern
Quit Claim Deed
related
—
Mar 3, 1989
$186,000
Lee Myoung S
Mard
Trustees Deed
related
$170,000 · Korea First Bank
Oct 12, 1988
—
Chern
—
Deed Of Trust
related
—
Oct 11, 1988
—
Alexander Marder
—
Deed Of Trust
related
—
Feb 17, 1988
$20,182
Alexander Marder
Shnit
Grant Deed
related
—
—
—
Yi K Kang
—
Deed Of Trust
related
$280,000 · Mirae Bank
—
—
Yi K Kang
—
Deed Of Trust
related
$530,000 · Crossroads Small Busn Solution
—
—
Yi K Kang
—
Deed Of Trust
related
$215,000 · Pacific Union Bank
—
—
Lee
—
Deed Of Trust
related
$40,000 · Cho Kae S
—
—
Yi K Kang
—
Deed Of Trust
related
$100,000 · Bbcn Bk
—
—
Yi K Kang
—
Deed Of Trust
related
$410,000 · Bbu Bank
—
—
Yong C Kim
—
Deed Of Trust
related
$310,000 · Wilshire State Bank
—
—
Yi K Kang
—
Deed Of Trust
related
$85,000 · Pacific Union 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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