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Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Manufacturing properties
4624 Washington Blvd, Los Angeles, CA 90016-1743
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7862236
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1925
Construction
TILT-UP CONCRETE
Total area
3,900 SF
Lot
0.11 ac (4,741 SF)
Zoning code
LACM
APN
5061-015-004
UPID
US09-7862236
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
-
New York Digital Marketing Agency Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$1.80M
Owner & transaction history
Delaware Duke & Ella LLC · 1 yrs held
Delaware Duke & Ella LLC
since 2024
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
LACM · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+62.9%
Office building
$2.0M
+50.4%
Retail stores
$1.9M
+47.1%
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
$1,800,000
ML approach
$1,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,300,000
Current use
AUTO REPAIR, GARAGE
$2,120,000
Change: +63% · Conversion: Easy
OFFICE BUILDING
$1,955,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$1,915,000
Change: +47% · Conversion: Moderate
MEDICAL BUILDING
$1,775,000
Change: +37% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,650,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,170,000
Change: -10% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,090,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±10% · vs last sale $1.80M (Aug 29 2024)
Last sale anchor
$1.80M
Aug 29 2024
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
$462 / 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
$14,042
Tax year 2024
Assessed value
$1,102,551
Assessed 2024
Previous assessed
$1,102,551
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$870,437
Assessed improvement
$232,114
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
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Bathrooms
3
Total area
3,900 SF
Lot
0.11 ac (4,741 SF)
Zoning code
LACM
APN
5061-015-004
UPID
US09-7862236
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LACM · Los Angeles, CA
Zoning LACM · permitted uses
LACM · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.0M
RETAIL STORES
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Bathrooms
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Delaware Duke & Ella LLC
Entity
Mailing address
11808 NAVY ST, LOS ANGELES, CA 90066-1118
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2024
$1,800,000
Delaware Duke & Ella LLC
Agnes Verdun
Grant Deed
$900,000 · Agnes Verdun Etux
Feb 15, 2024
—
Agnes Verdun
—
Deed
related
$500,000 · Wilshire Escrow Company
Feb 27, 2018
—
Agnes Verdun
—
Deed
related
$500,000 · California Bk&tr
Feb 23, 2016
—
Agnes Verdun
Verdun,timothy
Quit Claim Deed
related
—
Nov 5, 2015
—
Timothy Verdun
Verdun,agnes
Quit Claim Deed
related
—
Mar 16, 2015
$177,000
Agnes Verdun
Cornerstone Institutional Baptist C
Grant Deed
$35,000 · Cornerstone Institutional Baptist C
Feb 27, 2006
—
Cornerstone Institutional Bapt
Juarez,aurora G
Grant Deed
—
Jun 13, 2005
$495,000
Aurora G Juarez
Cornerstone Institutional Bapt
Grant Deed
$325,000 · Gordon Bloomfield
Oct 1, 1997
$139,000
Cornerstone Institutional Bapt
Golden Security Thrift & Loan
Grant Deed
$111,000 · Golden Security Thrift & Loan
Feb 23, 1996
$200,000
Security Thrift Golden
Kim,tai Y
Trustees Deed
related
—
Dec 29, 1989
$440,000
Kim Tai Y
Mijoo
Grant Deed
$286,000 · Golden Security Thrift & Loan
—
—
Agnes Verdun
—
Deed Of Trust
related
$100,000 · The Michelle Rogers Family Trust The Michelle Rogers Family Trust
—
—
Cornerstone Institutional Bapt
—
Deed Of Trust
related
$188,000 · Sawyer Family Trust
—
—
Agnes Verdun
—
Deed Of Trust
related
$500,000 · California Bk&tr
—
—
Cornerstone Institutional Bapt
—
Deed Of Trust
related
$176,000 · Norman L Bennett
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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