Back to Search
Property profile & analytics
FOR SALE
Auto shops
2800 Wabash Ave Los Angeles, CA 90033
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8313633
For Sale
1 / 3
$1,500,000
2800 Wabash Ave, Los Angeles, CA 90033
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1939
Construction
WOOD
Total area
2,871 SF
Lot
0.27 ac (11,558 SF)
Zoning code
LAC2
APN
5178-003-042
UPID
US09-8313633
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
-
Nieves Barbaras Grocery & Convenience Store Specialty Food Shop
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
Morella LLC · 2 yrs held
Morella LLC
since 2023
Last sale
$365,000
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
—
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
$6,022
Tax year 2024
Assessed value
$430,067
Assessed 2024
Previous assessed
$430,067
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$353,482
Assessed improvement
$76,585
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
For Sale
Year built
1939
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
2,871 SF
Lot
0.27 ac (11,558 SF)
Zoning code
LAC2
APN
5178-003-042
UPID
US09-8313633
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
1939
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Morella LLC
Entity
Mailing address
7009 COLBATH AVE, VAN NUYS, CA 91405-3302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2023
—
Morella LLC
Morella LLC
Intrafamily Transfer
related
$250,000 · American Finance & Associates Corp
Sep 30, 2020
—
Morella LLC
—
Deed
related
$350,000 · Sunflower Equity LLC
Dec 9, 2014
$365,000
Morella LLC
Prime Rentals LLC
Grant Deed
—
Jan 2, 2007
$255,000
Prime Rentals LLC
Pro Value Properties INC
Quit Claim Deed
related
—
Jan 2, 2007
—
Pro Value Properties INC
Strategic Acquisitions INC
Quit Claim Deed
related
—
Aug 2, 2004
$111,044
Gerardo Delarosa
Garcia Roberta
Trustees Deed
—
Feb 1, 1988
—
Gerardo Delarosa
Dela
Quit Claim Deed
related
$97,247 · Apex Loan Co
—
—
Gerardo De La Rosa
—
Deed Of Trust
related
$17,500 · Individual
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?”
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.
