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Property profile & analytics
OFF-MARKET
Estimated value
$20,800,000
Parking lots & garages
606 Oxford Ave Los Angeles, CA 90005
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7058977
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Total area
18,000 SF
Lot
0.41 ac (18,006 SF)
Zoning code
LAC2
APN
5503-029-020
UPID
US09-7058977
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
-
Parking lot Parking Lot & Garage
-
The Fruit Guy Food Market Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$20.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.80M
Owner & transaction history
Faylarr LLC · 1 yrs held
Faylarr LLC
since 2024
Last sale
$20.8M
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.8M
+33.0%
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
$20,800,000
ML approach
$20,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$14,805,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$20.80M
Range $18.72M – $22.88M · ±10% · vs last sale $20.80M (Apr 5 2024)
Last sale anchor
$20.80M
Apr 5 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
$1,156 / 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
$24,563
Tax year 2024
Assessed value
$1,971,434
Assessed 2024
Previous assessed
$1,971,434
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,968,057
Assessed improvement
$3,377
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
Heating
NONE
Total area
18,000 SF
Lot
0.41 ac (18,006 SF)
Zoning code
LAC2
APN
5503-029-020
UPID
US09-7058977
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
RESTAURANT
Est. value
$14.8M
RESTAURANT
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
Heating
NONE
Lot
0.41 ac
Current owner
From public records · entity-resolved
Faylarr LLC
Entity
Free & Clear · 1 yrs held
Mailing address
600 W 9TH ST APT #1402, LOS ANGELES, CA 90015-4339
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2024
—
Faylarr LLC
Marc J Schwartz
Grant Deed
—
Apr 5, 2024
—
Colonnade Wilshire LLC
Colonnade Wilshire Corp
Intrafamily Transfer
related
—
Aug 5, 2021
—
Faye B Schwartz
Faye Schwartz
Deed
related
—
Aug 3, 2018
—
Colonnade Wilshire Corp
—
Loan Modification
related
$60,000,000 · United Overseas Bk
Mar 27, 2018
—
Faye Schwartz
Schwartz,laurence A
Deed
related
—
May 19, 2006
$168,500
Colonnade Wilshire LLC
Colonnade Wilshire Corp
Grant Deed
—
Oct 26, 1998
—
Colonnade Wilshire Corp
—
Deed Of Trust
related
$3,800,000 · Grand Pacific Financing Corp
Jun 6, 1996
$20,800,000
Colonnade Wislhire Corp
Telephone Real Est Equity Trus
Grant Deed
$13,520,000 · Overseas Union Bank Ltd
—
—
Colonnade Wilshire Corp
—
Loan Modification
related
$41,738,522 · United Overseas Bank Ltd
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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