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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Auto shops
6524 8th Ave Los Angeles, CA 90043-4314
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6346194
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1952
Construction
TILT-UP CONCRETE
Total area
2,078 SF
Lot
0.08 ac (3,584 SF)
Zoning code
LACM
APN
4007-019-004
UPID
US09-6346194
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
-
0xCargo LLC Freight Service Logistics Company
-
Transcontinental Pet Movers (LAX) Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$570k
Blend (final)
Blend
$720k
Owner & transaction history
3008 Hyde Park LLC · 2 yrs held
3008 Hyde Park LLC
since 2023
Last sale
$725,007
7 recorded transactions
Zoning & alternative use
LACM · 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
$720,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,130,000
Current use
OFFICE BUILDING
$1,045,000
Change: -8% · Conversion: Difficult
MEDICAL BUILDING
$945,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $725k (Aug 23 2023)
Last sale anchor
$725k
Aug 23 2023
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
$346 / 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
$9,039
Tax year 2024
Assessed value
$725,000
Assessed 2024
Previous assessed
$725,000
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$600,000
Assessed improvement
$125,000
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
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
2,078 SF
Lot
0.08 ac (3,584 SF)
Zoning code
LACM
APN
4007-019-004
UPID
US09-6346194
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
AUTO REPAIR, GARAGE Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$945,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
MEDICAL 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
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
3008 Hyde Park LLC
Entity
Mailing address
1925 CENTURY PARK E STE #2350, LOS ANGELES, CA 90067-2737
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2023
$725,000
3008 Hyde Park LLC
Daniel Joseph Giagni
Grant Deed
$367,500 · Emil Vesselinov Vassilev
Jan 17, 2019
—
Giagni,daniel & Pamela F Trust
Giagni,daniel J
Quit Claim Deed
related
—
Aug 14, 2018
—
Daniel & Pamela Giagni F Trust
Giagni,daniel J
Quit Claim Deed
related
—
Oct 6, 2016
—
Daniel J Giagni
—
Deed
related
$140,000 · Farmers & Merchants Bk/lng Bch
Aug 25, 2014
$225,000
Danielk J Giagni
Snailum,kyle R
Grant Deed
—
Dec 19, 2012
$160,000
Kyle R Snailum
Bochner,dan Z
Grant Deed
—
Oct 11, 2012
$183,337
Dan Z Bochner
Reliable Trust Deed Svcs
Trustees Deed
related
—
May 31, 2002
$25,000
Sylvester Shigg
Kirkland Trust
Grant Deed
—
Nov 12, 1976
$12,000
—
—
Grant Deed
related
$8,000
—
—
Sylvester Shigg
—
Deed Of Trust
related
$142,000 · Dan Z Bochner
—
—
Daniel J Giagni
—
Deed Of Trust
related
$140,000 · Farmers & Merchants Bk/lng Bch
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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