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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Auto shops
2221 Washington Blvd Los Angeles, CA 90018-1402
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0486899
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1922
Construction
TILT-UP CONCRETE
Total area
6,900 SF
Lot
0.16 ac (7,000 SF)
Zoning code
LAC2
APN
5073-013-002
UPID
US10-0486899
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
-
Express Disposal Waste Management Facility Hazardous Waste Disposal
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$951k
Blend (final)
Blend
$685k
Owner & transaction history
Dada Nmtc 1 INC · 7 yrs held
Dada Nmtc 1 INC
since 2019
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
by Request
ML approach
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$685k
Range $617k – $754k · ±10%
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
$99 / 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
$21,198
Tax year 2024
Assessed value
$1,688,714
Assessed 2024
Previous assessed
$1,688,714
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,125,810
Assessed improvement
$562,904
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
1922
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
6,900 SF
Lot
0.16 ac (7,000 SF)
Zoning code
LAC2
APN
5073-013-002
UPID
US10-0486899
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
1922
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Dada Nmtc 1 INC
Entity
Mailing address
3791 SANTA ROSALIA DR, LOS ANGELES, CA 90008-3603
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2019
—
Dada Nmtc 1 INC
Debbie Allen Dance INC
Quit Claim Deed
—
Jul 24, 2017
$4,500,000
Debbie Allen Dance INC
2221 West Washington LLC
Trustees Deed
$2,500,000 · Avery Margo Trust (pt)
Jun 29, 2016
$3,000,000
2221 West Washington LLC
Jin Yeui Chung
Grant Deed
$1,950,000 · Pacific City Bank
Apr 13, 2006
—
Chung Family Trust
Chung,jin Y
Quit Claim Deed
related
—
Jul 11, 2000
$625,000
Jin Y Etal Chung
—
Grant Deed
related
—
Aug 23, 1999
—
Franquelin A Decd Est Of
—
Deed Of Trust
related
—
—
—
Dada Nmtc 1 INC
—
Deed Of Trust
related
$12,000,000 · Ladf Xxii LLC
—
—
Chung Family Trust
—
Deed Of Trust
related
$510,000 · Bbu Bank
—
—
2221 West Washington LLC
—
Deed Of Trust
related
$500,000 · Nk Studio City LLC
—
—
2221 West Washington LLC
—
Deed Of Trust
related
$250,000 · My Investments LLC My Investments LLC
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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