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Property profile & analytics
OFF-MARKET
Estimated value
$3,675,000
Manufacturing properties
4047 Lincoln Blvd, Marina Del Rey, CA 90292-5613
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0512856
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1951
Construction
WOOD
Total area
9,467 SF
Lot
0.26 ac (11,280 SF)
Zoning code
LAC4(OX)
APN
4229-005-036
UPID
US10-0512856
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
$4.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.98M
Blend (final)
Blend
$3.68M
Owner & transaction history
Michael Sarlo · 4 yrs held
Michael Sarlo
since 2021
Last sale
$3.8M
6 recorded transactions
Zoning & alternative use
LAC4(OX) · Marina Del Rey, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.8M
+123.9%
Auto repair, garage
$4.4M
+70.2%
Medical building
$4.3M
+67.3%
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 Marina Del Rey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marina Del Rey 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
$3,690,000
ML approach
$4,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,575,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,760,000
Change: +124% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,380,000
Change: +70% · Conversion: Easy
MEDICAL BUILDING
$4,305,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$4,245,000
Change: +65% · Conversion: Difficult
Blend value · Realmo final
$3.68M
Range $3.31M – $4.04M · ±10% · vs last sale $3.80M (Nov 17 2021)
Last sale anchor
$3.80M
Nov 17 2021
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
$388 / 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
$48,591
Tax year 2024
Assessed value
$3,953,519
Assessed 2024
Previous assessed
$3,953,519
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,520,713
Assessed improvement
$432,806
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1951
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
9,467 SF
Lot
0.26 ac (11,280 SF)
Zoning code
LAC4(OX)
APN
4229-005-036
UPID
US10-0512856
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4(OX) · Marina Del Rey, CA
Zoning LAC4(OX) · permitted uses
LAC4(OX) · Marina Del Rey, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marina Del Rey. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.8M
AUTO REPAIR, GARAGE
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$4.3M
OFFICE BUILDING
Est. value
$4.2M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1951
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.26 ac
Current owner
From public records · entity-resolved
Michael Sarlo
Individual
Free & Clear · 4 yrs held
Mailing address
1842 WASHINGTON WAY, VENICE, CA 90291-4704
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2021
$3,800,000
Michael Sarlo
Cynthia Rotberger
Grant Deed
—
Nov 17, 2021
—
Cynthia Rotberger
Paul Taubman
Affidavit Death Of Trustee/successor Trustee
—
Jul 16, 2010
—
Marks Darlene F Trust
Feinberg Family Trust
Grant Deed
related
—
Feb 28, 2008
—
Kessler Janice Trust
Kessler,janice
Quit Claim Deed
related
—
Mar 3, 2000
—
Taubman,paul & Joan Trustees
Taubman,j
Quit Claim Deed
related
—
Aug 30, 1989
—
Kessler Janice
Feinb
Quit Claim Deed
related
—
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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