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Property profile & analytics
OFF-MARKET
Estimated value
$6,730,000
Car washes
7220 Maie Ave Los Angeles, CA 90001
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7416734
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1964
Total area
9,834 SF
Lot
0.77 ac (33,336 SF)
Zoning code
LCC2*
APN
6021-019-013
UPID
US09-7416734
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
$5.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.73M
Owner & transaction history
Metflo LP · 2 yrs held
Metflo LP
since 2023
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
LCC2* · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.1M
+51.3%
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
$5,140,000
ML approach
$5,765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$5,345,000
Current use
RESTAURANT
$8,090,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$4,935,000
Change: -8% · Conversion: Difficult
MEDICAL BUILDING
$4,480,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$6.73M
Range $6.06M – $7.40M · ±10% · vs last sale $8.00M (Nov 14 2023)
Last sale anchor
$8.00M
Nov 14 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
$684 / 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
$117,514
Tax year 2024
Assessed value
$8,000,000
Assessed 2024
Previous assessed
$8,000,000
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$7,000,000
Assessed improvement
$1,000,000
Applied tax rate
1.0000
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
1964
Heating
NONE
Buildings
4
Stories
1
Total area
9,834 SF
Lot
0.77 ac (33,336 SF)
Zoning code
LCC2*
APN
6021-019-013
UPID
US09-7416734
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC2* · Los Angeles, CA
Zoning LCC2* · permitted uses
LCC2* · 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
$5.3M
RESTAURANT
Est. value
$8.1M
OFFICE BUILDING
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$4.5M
AUTO REPAIR, GARAGE Current
RESTAURANT
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
1964
Heating
NONE
Stories
1
Buildings
4
Lot
0.77 ac
Current owner
From public records · entity-resolved
Metflo LP
Entity
Mailing address
11150 W OLYMPIC BLVD STE #620, LOS ANGELES, CA 90064-1858
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
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2023
$8,000,000
Metflo LP
Metro Florence LLC
Grant Deed
$17,305,000 · Wch Affordable Lxvii LLC
Nov 14, 2023
—
Metflo LP
—
Deed
related
—
Sep 17, 2018
$6,000,000
Pacific Palisades Land LLC
5722 Soto Street LLC
Grant Deed
—
Apr 5, 2013
$1,400,000
5722 Soto Street LLC
Stewart Default Services
Trustees Deed
related
$1,220,000 · Wr Investment America LLC
Dec 31, 2008
$1,000,000
Landmark Fund I LLC
Woori America Bk
Grant Deed
$3,200,000 · Woori America Bank
Dec 11, 2008
$3,500,000
Woori America Bk
Integrated Lender Services
Trustees Deed
related
—
Dec 28, 2007
—
4411 Market Street INC
Makhmali,behroz N
Grant Deed
—
May 14, 2007
—
Behroz N Makhmali
Soleymanzadeh,mahvash
Quit Claim Deed
related
—
May 14, 2007
$2,000,000
Behroz Nasimi Makhmali
Djn INC
Grant Deed
$4,300,000 · Woori American Bank
Nov 16, 2004
—
Djn INC
Golden Miae Auto Car Care Ctr
Grant Deed
$3,525,000 · Wilshire State Bank
Apr 1, 2003
—
Miae Auto Car Care Cent Golden
Florence A S C INC
Grant Deed
$1,450,000 · Wilshire State Bank
Feb 5, 1998
$875,000
Florence A S C INC
Popik Trust
Grant Deed
$625,000 · Seller
Aug 30, 1994
—
Popik,michael & Esther Trustees
Popik,m & E
Quit Claim Deed
related
—
—
—
4411 Market Street INC
—
Deed Of Trust
related
$4,265,000 · Woori America Bank
—
—
Popik Trust
—
Deed Of Trust
related
$100,000 · Charter Pacific Bank
—
—
Djn INC
—
Deed Of Trust
related
$851,000 · Wilshire State Bank
—
—
Djn INC
—
Deed Of Trust
related
$872,000 · Wilshire State Bank
—
—
Landmark Fund I LLC
—
Deed Of Trust
related
$1,400,000 · Woori America Bank
—
—
Florence A S C INC
—
Deed Of Trust
related
$120,000 · Simco Financial Services INC
—
—
4411 Market Street INC
—
Deed Of Trust
related
$1,350,000 · M&r Car Wash Properties INC
—
—
Landmark Fund I LLC
—
Deed Of Trust
related
$1,800,000 · Woori America Bank
—
—
5722 Soto Street LLC
—
Deed Of Trust
related
$980,000 · Bbcn Bk
—
—
Behroz N Makhmali
—
Deed Of Trust
related
$500,000 · All Century INC
—
—
4411 Market Street INC
—
Deed Of Trust
related
$175,000 · Woori America Bank
—
—
Hamid Nourmand
—
Deed Of Trust
related
—
—
—
Djn INC
—
Deed Of Trust
related
$1,894,244 · Wilshire State Bank
—
—
4411 Market Street INC
—
Deed Of Trust
related
$1,350,000 · M&r Car Wash Props INC
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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