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Property profile & analytics
OFF-MARKET
Parking lots & garages
3109 8th St Los Angeles, CA 90005-1902
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7264258
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1947
Construction
WOOD
Total area
5,400 SF
Lot
0.12 ac (5,399 SF)
Zoning code
LAC2
APN
5094-009-034
UPID
US09-7264258
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
3123 W 8th St LLC · 2 yrs held
3123 W 8th St LLC
since 2023
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
$13,254
Tax year 2024
Assessed value
$1,078,610
Assessed 2024
Previous assessed
$1,078,610
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,077,535
Assessed improvement
$1,075
Applied tax rate
6.0000
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
1947
Construction
WOOD
Heating
NONE
Units
1
Total area
5,400 SF
Lot
0.12 ac (5,399 SF)
Zoning code
LAC2
APN
5094-009-034
UPID
US09-7264258
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
1947
Construction
WOOD
Heating
NONE
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
3123 W 8th St LLC
Entity
Mailing address
3123 W 8TH ST STE #208, LOS ANGELES, CA 90005-1948
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2023
—
3123 W 8th St LLC
Ann Cho
Grant Deed
—
Apr 22, 2022
—
Ann Cho
3123w 8th St LLC
Grant Deed
—
Dec 10, 2021
—
3123 W 18th St LLC
Ann Cho
Grant Deed
—
Jan 4, 2021
—
Cho,raymond M Fam Living Trust
Raymond M Cho
Affidavit Of Death
—
May 28, 2003
—
Cho,tr
Cho,min K & Jang O
Quit Claim Deed
related
$700,000 · Hanmi Bank
Sep 8, 1999
—
Raymond M Revoc Livin Cho
Cho,r M
Quit Claim Deed
related
—
Apr 5, 1990
—
Cho
—
Grant Deed
related
$2,100,000 · Hanmi Bank
—
—
Cho
—
Deed Of Trust
related
$25,000 · Mid City Bank
—
—
Cho
—
Deed Of Trust
related
$102,000 · Mid City Bank
—
—
Min K Cho
—
Deed Of Trust
related
$82,000 · Mid 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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