Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Parking lots & garages
6766 Santa Monica Blvd Los Angeles, CA 90038
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7284533
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1979
Total area
10,000 SF
Lot
0.31 ac (13,308 SF)
Zoning code
LAM1
APN
5532-027-019
UPID
US09-7284533
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
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$895k
Blend (final)
Blend
$795k
Owner & transaction history
1050 N Highland Avenue LLC · 13 yrs held
1050 N Highland Avenue LLC
since 2013
7 recorded transactions
Zoning & alternative use
LAM1 · 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
by Request
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$795k
Range $716k – $875k · ±10%
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
$80 / 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
$38,822
Tax year 2024
Assessed value
$2,922,990
Assessed 2024
Previous assessed
$2,922,990
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$2,910,681
Assessed improvement
$12,309
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
Year built
1979
Heating
NONE
Total area
10,000 SF
Lot
0.31 ac (13,308 SF)
Zoning code
LAM1
APN
5532-027-019
UPID
US09-7284533
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM1 · Los Angeles, CA
Zoning LAM1 · permitted uses
LAM1 · 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.
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Lot
0.31 ac
Current owner
From public records · entity-resolved
1050 N Highland Avenue LLC
Entity
Mailing address
612 N ALPINE DR, BEVERLY HILLS, CA 90210-3304
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2021
—
1050 N Highland Avenue LLC
—
Deed
related
$6,600,000 · Tiaa Fsb Holdings INC
May 13, 2013
$13,600,000
1050 N Highland Avenue LLC
Livermore Plaza LLC
Grant Deed
$6,800,000 · Cantor Com'l R/e Lndg
Feb 2, 2012
—
Livermore Plaza LLC
—
Deed Of Trust
related
$6,500,000 · Union Bank
Dec 3, 2010
$4,210,000
Livermore Plaza LLC
Santa Monica Highland Ptrs LP
Grant Deed
$6,500,000 · West Coast Pizza Investors LLP
Nov 24, 2010
—
Santa Monica Highland Ptrs LP
—
Deed Of Trust
related
$6,500,000 · West Coast Pizza Investors LP
Jun 30, 2010
—
Santa Monica Highland Ptrs LP
—
Deed Of Trust
related
$7,000,000 · West Coast Pizza Investors LLP
Aug 25, 2009
$4,600,000
Santa Monica Highland Ptrs
Gratico
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6766 Santa Monica Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
