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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Auto shops
4021 Western Ave Los Angeles, CA 90062-1635
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7255822
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1925
Construction
CONCRETE
Total area
4,900 SF
Lot
0.15 ac (6,505 SF)
Zoning code
LAC2
APN
5021-032-004
UPID
US09-7255822
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
$345k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$671k
Blend (final)
Blend
$510k
Owner & transaction history
4021 S Western Property LLC · 6 yrs held
4021 S Western Property LLC
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
$345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$104 / 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
$12,282
Tax year 2024
Assessed value
$959,618
Assessed 2024
Previous assessed
$959,618
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$750,540
Assessed improvement
$209,078
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
1925
Construction
CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
4,900 SF
Lot
0.15 ac (6,505 SF)
Zoning code
LAC2
APN
5021-032-004
UPID
US09-7255822
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
1925
Construction
CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
4021 S Western Property LLC
Entity
Mailing address
2861 W PICO BLVD, LOS ANGELES, CA 90006-3909
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2019
—
4021 S Western Property LLC
—
Deed
related
$459,000 · Cit Bk NA
Jul 22, 2019
$895,000
4021 S Western Property LLC
Sylvia M Pallan
Grant Deed
$459,000 · Cit Bank NA
Nov 17, 2017
—
Narinder S Pallan
—
Deed
related
$435,000 · Robert S Hsu
Dec 29, 2016
—
Narinder S Pallan
—
Deed
related
$415,000 · Levine Joel S Trust (pt)
Apr 3, 2001
$195,000
Narinder S Pallan
Four Pac
Grant Deed
$146,250 · Nationwide Commercial Corp
Nov 7, 1997
$261,815
Four Pac
Hew,terrance A & Noemi
Trustees Deed
—
May 31, 1990
$410,000
Hew Terrence A
Daniel Inv & Dev
Grant Deed
$266,500 · First Fidelity Thrift & Loan
Mar 8, 1988
$225,000
Daniel Inv
Lee
Grant Deed
—
—
—
Narinder S Pallan
—
Deed Of Trust
related
$150,000 · Habib American Bank
—
—
4021 S Western Property LLC
—
Deed Of Trust
related
$459,000 · Cit Bk NA
—
—
Terrence A Hew
—
Deed Of Trust
related
$22,500 · Us Small Business Admn
—
—
Narinder S Pallan
—
Deed Of Trust
related
$285,000 · Habib American Bank
—
—
Narinder S Pallan
—
Deed Of Trust
related
$415,000 · Levine Joel S Trust (pt)
—
—
Narinder S Pallan
—
Deed Of Trust
related
$60,000 · Habib American Bank
—
—
Narinder S Pallan
—
Deed Of Trust
related
$435,000 · Robert S Hsu
—
—
Narinder S Pallan
—
Deed Of Trust
related
$190,000 · Habib American Bank
—
—
Sylvia M Pallan
—
Deed Of Trust
related
$50,000 · Habib American 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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