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Property profile & analytics
OFF-MARKET
Estimated value
$2,280,000
Parking lots & garages
2045 Washington Blvd Los Angeles, CA 90018-1639
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0489625
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1953
Total area
8,623 SF
Lot
0.23 ac (10,037 SF)
Zoning code
LAC2
APN
5074-020-011
UPID
US10-0489625
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
-
Han Kook Mortuary 한국장의사 LA Social Service Agency
-
BNSF LOT 15 Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.28M
Owner & transaction history
Nvb Partners LLC · 5 yrs held
Nvb Partners LLC
since 2021
Last sale
$2.4M
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
Method
Estimation
Statistic approach
$2,160,000
ML approach
$2,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.28M
Range $2.05M – $2.51M · ±10% · vs last sale $2.40M (Jan 19 2021)
Last sale anchor
$2.40M
Jan 19 2021
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
$264 / 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
$10,323
Tax year 2024
Assessed value
$805,111
Assessed 2024
Previous assessed
$805,111
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$797,737
Assessed improvement
$7,374
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
1953
Heating
NONE
Total area
8,623 SF
Lot
0.23 ac (10,037 SF)
Zoning code
LAC2
APN
5074-020-011
UPID
US10-0489625
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
1953
Heating
NONE
Lot
0.23 ac
Current owner
From public records · entity-resolved
Nvb Partners LLC
Entity
Mailing address
3700 W OLYMPIC BLVD STE #202, LOS ANGELES, CA 90019-2040
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2021
—
Nvb Partners LLC
New Hk Corp
Quit Claim Deed
—
Jun 29, 2001
$2,400,000
H K New
Cali-three INC
Grant Deed
$1,050,000 · Wilshire State Bank
Mar 19, 2001
$1,500,000
Cali-three INC
Sci California Funeral Svcs
Grant Deed
related
$1,188,000 · Pacific Union Bank
Feb 9, 1996
$1,300,000
Sci California Funeral Svcs
Lee & Yang Associates
Grant Deed
—
Jun 16, 1995
—
Lee Yang Assoc
Kims Koam Assoc,
Grant Deed
related
—
—
—
New Hk Corp
—
Deed Of Trust
related
$4,750,000 · Wilshire State Bank
—
—
New Hk Corp
—
Deed Of Trust
related
$300,000 · Wilshire State Bank
—
—
New H K Corp
—
Deed Of Trust
related
$395,000 · Cali-three INC
—
—
New H K Corp
—
Deed Of Trust
related
$395,000 · Cali-three INC
—
—
New Hk Corp
—
Deed Of Trust
related
$1,749,000 · Pacific City Bank
—
—
New Hk Corp
—
Deed Of Trust
related
$3,071,000 · Pacific City 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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