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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Car washes
5951 Figueroa St Los Angeles, CA 90003-1043
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8288441
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1981
Total area
1,764 SF
Lot
0.3 ac (12,983 SF)
Zoning code
LAC2
APN
6004-029-028
UPID
US09-8288441
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
-
Carwash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$945k
Owner & transaction history
Jsek Corporation · 5 yrs held
Jsek Corporation
since 2021
Last sale
$873,508
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$885,000
+17.7%
Medical building
$805,000
+6.9%
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
$1,120,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$750,000
Current use
OFFICE BUILDING
$885,000
Change: +18% · Conversion: Difficult
MEDICAL BUILDING
$805,000
Change: +7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$745,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $874k (Apr 13 2021)
Last sale anchor
$874k
Apr 13 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
$536 / 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
$12,143
Tax year 2024
Assessed value
$926,964
Assessed 2024
Previous assessed
$926,964
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$833,048
Assessed improvement
$93,916
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1981
Heating
NONE
Stories
1
Total area
1,764 SF
Lot
0.3 ac (12,983 SF)
Zoning code
LAC2
APN
6004-029-028
UPID
US09-8288441
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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$750,000
OFFICE BUILDING
Est. value
$885,000
MEDICAL BUILDING
Est. value
$805,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$745,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1981
Heating
NONE
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Jsek Corporation
Entity
Mailing address
1608 CHELSEA RD, PALOS VERDES ESTATES, CA 90274-1823
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2025
—
Jseic Corporation
—
Deed
related
$250,000 · Rudy Investments INC
Apr 13, 2021
$873,500
Jsek Corporation
5951 S Figueroa Street LLC
Grant Deed
$750,000 · Pacific City Bank
Aug 22, 2013
$637,500
5951 S Figueroa Street LLC
Lee,young A
Grant Deed
—
Dec 10, 2009
—
Young A Lee
Lee,sonya
Quit Claim Deed
related
$545,000 · Via Dolce Investments LLC
Apr 15, 2008
—
Lynn Kim
Kim,lynn
Quit Claim Deed
related
—
Apr 10, 2008
—
Fred W Lee
Kim,lynn
Quit Claim Deed
related
—
Mar 22, 2007
$400,000
Lynn Kim
Hong,sung G
Grant Deed
—
Dec 22, 1992
—
Sung D Hong
—
Deed Of Trust
related
—
—
—
Young A Lee
—
Deed Of Trust
related
$35,000 · Teranic Capital LLC
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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