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Property profile & analytics
OFF-MARKET
Parking lots & garages
2838 7th St 2842 Los Angeles, CA 90005-3906
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0035904
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1973
Total area
4,650 SF
Lot
0.11 ac (4,653 SF)
Zoning code
LARAS4
APN
5077-015-004
UPID
US10-0035904
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
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
2806 W7th Dev LLC · 8 yrs held
2806 W7th Dev LLC
since 2018
7 recorded transactions
Zoning & alternative use
LARAS4 · 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
$22,934
Tax year 2024
Assessed value
$1,896,380
Assessed 2024
Previous assessed
$1,896,380
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,896,380
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
1973
Heating
NONE
Total area
4,650 SF
Lot
0.11 ac (4,653 SF)
Zoning code
LARAS4
APN
5077-015-004
UPID
US10-0035904
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARAS4 · Los Angeles, CA
Zoning LARAS4 · permitted uses
LARAS4 · 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
1973
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
2806 W7th Dev LLC
Entity
Mailing address
950 TOWER LN STE #870, FOSTER CITY, CA 94404-2125
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2021
—
2806 W7th Development LLC
—
Deed
related
$9,960,000 · Shanghai Commercial Bank
Feb 22, 2018
—
2806 W7th Dev LLC
2806 W7th LLC
Quit Claim Deed
—
Oct 26, 2016
$19,000,000
2806 W7th LLC
Brooks 7th Apartments LLC
Grant Deed
—
Jul 16, 2015
$3,500,000
Brooks 7th Apartments LLC
Willington Investment LLC
Grant Deed
$2,350,000 · Private Individual
Mar 15, 2013
—
Willington Investment LLC
—
Grant Deed
related
$3,520,000 · Bbu Bank
Dec 28, 2012
—
Willington Investment LLC
Cho,young S & Stella Y
Grant Deed
—
Dec 18, 2012
$2,668,820
Cho,young S
Chicago Title Co
Trustees Deed
related
—
May 1, 2008
—
Artmonde LLC
—
Grant Deed
related
$15,000,000 · Goodmorning Shinhan Secs Co
Mar 28, 2008
—
Artmonde LLC
American Sports University
Grant Deed
$1,985,000 · Chinatrust Bank USA
Jan 23, 2008
—
American Sports University
Pacific Property Investment
Grant Deed
—
Jul 2, 2004
—
Ricker,ronald E
Ricker,ronald E
Quit Claim Deed
related
—
Jan 26, 2000
$2,100,000
Ricker,ronald E
—
Trustees Deed
related
—
Jan 26, 2000
—
Ricker,ronald E
—
Grant Deed
related
$1,500,000 · Bank Of Yorba Linda
Feb 18, 1998
—
2706 Wilshire Blvd INC
—
Grant Deed
related
$1,765,000 · Pacific Crest Bank
Aug 14, 1991
$469,500
Gerson Trust
Rpm Inv
Trustees Deed
related
—
Mar 6, 1991
$305,909
Gerson,rikki
Charles Kober As
Trustees Deed
—
Mar 6, 1991
$2,320,227
Murrays Iron Wor
Charles Kober As
Trustees Deed
—
Mar 6, 1991
$673,863
Rpm Inv INC
Charles Kober As
Trustees Deed
—
Mar 6, 1991
$1,617,136
Gerson,richard L
Murrays Iron Wor
Trustees Deed
—
Mar 6, 1991
$469,500
Gerson Trust
Rpm Inv INC
Trustees Deed
related
—
—
—
Pacifc Property Inv & Mgmt
—
Deed Of Trust
related
$2,570,000 · Banco Popular North America
—
—
Pacific Prop Inv & Mgmt INC
—
Deed Of Trust
related
$1,150,000 · Preferred Bank
—
—
Pacific Prop Inv & Mgmt INC
—
Deed Of Trust
related
$100,000 · Yoon Y Chung
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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