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Property profile & analytics
OFF-MARKET
Parking lots & garages
1978 Lomita Blvd Lomita, CA 90717-1849
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9760763
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1989
Construction
WOOD
Total area
8,954 SF
Lot
0.15 ac (6,713 SF)
Zoning code
LOMC*
APN
7375-015-039
UPID
US09-9760763
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
-
Lomitas Auto Sales Car Dealership
-
Ace Autos Car Dealership
-
Elevation Motorsports Car Dealership
-
Access Auto Leasing & Sales Loan Service Car Dealership
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
Lomita Artesia Ents 99 LLC · 7 yrs held
Lomita Artesia Ents 99 LLC
since 2019
5 recorded transactions
Zoning & alternative use
LOMC* · Lomita, CA
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 Lomita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lomita 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
$3,024
Tax year 2024
Assessed value
$218,467
Assessed 2024
Previous assessed
$218,467
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$203,413
Assessed improvement
$15,054
Applied tax rate
1.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Units
1
Total area
8,954 SF
Lot
0.15 ac (6,713 SF)
Zoning code
LOMC*
APN
7375-015-039
UPID
US09-9760763
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LOMC* · Lomita, CAZoning LOMC* · permitted uses
LOMC* · Lomita, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
NONE
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Lomita Artesia Ents 99 LLC
Entity
Mailing address
4617 ARTESIA BLVD STE A, LAWNDALE, CA 90260-3728
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2019
—
Lomita Artesia Ents 99 LLC
Lomita Artesia Ents 99 LLC
Quit Claim Deed
related
$750,000 · Miscellaneous Ins Co
Mar 22, 2011
—
Lomita Artesia Ents 99 LLC
Ohanessian Family Trust
Grant Deed
—
Sep 10, 2004
—
Ohannesian Family Trust
Ohanessian,ralph & Sirush W
Quit Claim Deed
related
—
Jul 15, 2004
—
Ralph Ohanessian
Ohanessian,ralph & Sirush W
Quit Claim Deed
related
—
Aug 26, 1999
$645,000
Ralph Ohanessian
Reed,andrew
Grant Deed
$520,000 · City National 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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