Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Car washes
2580 Glendale Blvd Los Angeles, CA 90039-3235
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8204538
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2010
Construction
TILT-UP CONCRETE
Total area
2,834 SF
Lot
0.62 ac (27,091 SF)
Zoning code
LAC2
APN
5438-016-002
UPID
US09-8204538
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
-
LA Express Car Wash Car Wash
-
Nail Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Passel Investments LLC · 14 yrs held
Passel Investments LLC
since 2012
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
$224 / 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
$49,809
Tax year 2024
Assessed value
$4,010,823
Assessed 2024
Previous assessed
$4,010,823
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,930,870
Assessed improvement
$2,079,953
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
2010
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,834 SF
Lot
0.62 ac (27,091 SF)
Zoning code
LAC2
APN
5438-016-002
UPID
US09-8204538
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
2010
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Passel Investments LLC
Entity
Mailing address
6404 WILSHIRE BLVD STE #850, LOS ANGELES, CA 90048-5510
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2020
—
Passel Investments LLC
—
Deed
related
$350,000 · Bank Of Hope
May 11, 2018
—
Passel Investments LLC
—
Deed
related
$500,000 · Bank Of Hope
May 31, 2012
—
Passel Investments LLC
Passel Investment LLC
Quit Claim Deed
related
$2,050,000 · Bbu Bank
Nov 6, 2006
$1,600,000
Passel Investment LLC
Silverlake Gas & Car Wash INC
Grant Deed
$2,100,000 · Alliance Bank
Mar 2, 2006
—
Gas Silverlake
Suncor Holdings-cop II LLC
Grant Deed
$1,644,000 · Wilshire State Bank
Dec 28, 2005
—
Suncor Holdings Cop II LLC
Conocophillips Co
Corporation Deed
$104,865,329 · Star Financial INC
Apr 4, 1997
—
Clover Trust
Union Oil Co Of Ca
Grant Deed
related
—
—
—
Silverlake Gas & Car Wash INC
—
Deed Of Trust
related
$700,000 · Paul Sawan
—
—
Passel Investments LLC
—
Deed Of Trust
related
$350,000 · Bank Of Hope
—
—
Passel Investments LLC
—
Deed Of Trust
related
$500,000 · Bbcn Bk
—
—
Passel Investments LLC
—
Loan Modification
related
$500,000 · Bank Of Hope
—
—
Passel Investments LLC
—
Loan Modification
related
$3,015,000 · Bank Of Hope
—
—
Passel Investment LLC
—
Deed Of Trust
related
$600,000 · Open 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
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 2580 Glendale Blvd?
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.
