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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Office buildings
742 Washington Blvd Marina Del Rey, CA 90292-5543
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-6871406
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1961
Construction
WOOD
Total area
2,404 SF
Lot
0.06 ac (2,500 SF)
Zoning code
LAC2
APN
4229-016-012
UPID
US09-6871406
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
$490k
CAP Approach
CAP
$860k
Comparable Approach
Comparable
$561k
Blend (final)
Blend
$640k
Owner & transaction history
Jeffrey Bolander · 4 yrs held
Jeffrey Bolander
since 2021
7 recorded transactions
Zoning & alternative use
LAC2 · Marina Del Rey, 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 Marina Del Rey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marina Del Rey 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
$490,000
CAP Approach
CAP Return
Estimation
6%
$935,000
6.5%
$860,000
7%
$800,000
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$266 / 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
$28,180
Tax year 2024
Assessed value
$2,320,092
Assessed 2024
Previous assessed
$2,320,092
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$2,059,992
Assessed improvement
$260,100
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1961
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,404 SF
Lot
0.06 ac (2,500 SF)
Zoning code
LAC2
APN
4229-016-012
UPID
US09-6871406
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Marina Del Rey, CA
Zoning LAC2 · permitted uses
LAC2 · Marina Del Rey, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marina Del Rey. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Jeffrey Bolander
Individual
Mailing address
PO BOX 2062, WALLA WALLA, WA 99362-0949
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2021
—
Jeffrey Bolander
Leslie Roberts Dutton
Affidavit Death Of Trustee/successor Trustee
—
Aug 29, 2014
$1,550,000
Dutton Family Trust
Sweet Pea Trust
Grant Deed
—
Mar 12, 2004
—
Pea,tr
Bernard,kirk B
Grant Deed
$868,000 · Foothill Independent Bank
Jun 30, 2000
$560,000
Bernard,kirk B
Liner,eric A & Norma S
Trustees Deed
$521,000 · Us Bank NA
Jun 30, 2000
—
Bernard,kirk B
Cruz,n
Trustees Deed
related
—
Jul 29, 1997
$190,000
Eric A Liner
Rtc Commercial Mtg
Grant Deed
$142,500 · Downey S & L (wholesale)
Dec 9, 1996
—
Ba Trustee
Gam,s
Quit Claim Deed
related
—
Dec 5, 1996
—
Ba Trustee
Cola,
Grant Deed
related
—
Aug 8, 1996
—
Bank Of America Nt & Sa
—
Deed Of Trust
related
—
Mar 14, 1990
$10,000
Steven Springer
Sprin
Grant Deed
related
—
Apr 25, 1989
—
Denis Karpeles
—
Grant Deed
related
$150,000 · First Charter Bank
Mar 31, 1989
—
Denis Karpeles
742
Quit Claim Deed
related
—
Mar 14, 1989
$450,000
742 Washington P
Shaw Sandy
Trustees Deed
$337,500 · Executive Savings & Loan
Mar 14, 1989
$243,500
Shaw Sandy
Springer Steven
Trustees Deed
related
—
Mar 8, 1988
$130,000
Steven Springer
Dorin
Trustees Deed
$17,000 · Dorin Harlan&gai
—
—
Denis Karpeles
—
Deed Of Trust
related
$700,000 · World Trade Bank
—
—
Sweet,pea Trust
—
Deed Of Trust
related
$2,000,000 · Live Oak Bkg
—
—
Sweet,pea Trust
—
Deed Of Trust
related
$2,000,000 · Live Oak Bkg
—
—
Kirk B Bernard
—
Deed Of Trust
related
$540,000 · Wells Fargo Bank Northwest NA
—
—
Steven Springer
—
Deed Of Trust
related
$9,000 · Springer Michael
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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