Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Car washes
1763 48th St Los Angeles, CA 90062-2202
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-0467333
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1932
Total area
1,837 SF
Lot
0.16 ac (6,931 SF)
Zoning code
LAR2
APN
5016-016-016
UPID
US10-0467333
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$477k
Blend (final)
Blend
$580k
Owner & transaction history
3la Oz Fund I LLC · 4 yrs held
3la Oz Fund I LLC
since 2022
Last sale
$656,006
7 recorded transactions
Zoning & alternative use
LAR2 · 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
$530,000
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$920,000
Change: -8% · Conversion: Difficult
MEDICAL BUILDING
$835,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $656k (Jun 7 2022)
Last sale anchor
$656k
Jun 7 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
$316 / 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
$8,656
Tax year 2024
Assessed value
$682,502
Assessed 2024
Previous assessed
$682,502
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$682,502
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1932
Heating
NONE
Buildings
2
Stories
1
Total area
1,837 SF
Lot
0.16 ac (6,931 SF)
Zoning code
LAR2
APN
5016-016-016
UPID
US10-0467333
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR2 · Los Angeles, CA
Zoning LAR2 · permitted uses
LAR2 · 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
OFFICE BUILDING
Est. value
$920,000
MEDICAL BUILDING
Est. value
$835,000
OFFICE BUILDING
MEDICAL 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
1932
Heating
NONE
Stories
1
Buildings
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
3la Oz Fund I LLC
Entity
Mailing address
PO BOX 1619, LOS ALTOS, CA 94023-1619
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2022
—
3la Oz Fund I LLC
—
Deed
related
$756,250 · First Republic Bank
Jun 7, 2022
$656,000
3la Oz Fund I LLC
Ocean Development INC
Grant Deed
$949,568 · Infinity Bank
Sep 29, 2021
—
Ocean Development INC
—
Deed
related
$775,000 · David Heath And Connie Heath Revocable T
Sep 22, 2021
$650,000
Ocean Development INC
Avedis Tajerian
Grant Deed
—
Sep 14, 2018
$440,000
Avedis Tajerian
E S I INC
Grant Deed
$235,000 · Esi INC
Dec 24, 1992
$14,000
E S I INC
Dean,pushpa
Grant Deed
—
Jul 22, 1992
$1,000
Pushpa Dean
Avery,earl W
Grant Deed
related
—
Sep 21, 1989
—
Earl W Avery
Avery Earl W And
Quit Claim Deed
related
$25,000 · First Trust Deed & Investment
—
—
Esi INC
—
Deed Of Trust
related
$476,000 · A Sheip
—
—
Esi,tr
—
Deed Of Trust
related
$425,000 · A Sheip
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 1763 48th St?
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.
