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Property profile & analytics
OFF-MARKET
Parking lots & garages
822 3rd St Los Angeles, CA 90013
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6784870
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.15 ac (6,600 SF)
Zoning code
LAM3
APN
5163-015-017
UPID
US09-6784870
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
805 Traction LLC · 14 yrs held
805 Traction LLC
since 2011
7 recorded transactions
Zoning & alternative use
LAM3 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,899
Tax year 2024
Assessed value
$923,558
Assessed 2024
Previous assessed
$923,558
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$861,993
Assessed improvement
$61,565
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
Lot
0.15 ac (6,600 SF)
Zoning code
LAM3
APN
5163-015-017
UPID
US09-6784870
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM3 · Los Angeles, CA
Zoning LAM3 · permitted uses
LAM3 · 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
Heating
NONE
Lot
0.15 ac
Current owner
From public records · entity-resolved
805 Traction LLC
Entity
Mailing address
470 E POPPYFIELDS DR, ALTADENA, CA 91001-1918
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2011
$1,900,000
805 Traction LLC
Legendary Invtrs Group No 1 Ll
Grant Deed
—
Jun 2, 2011
$1,530,000
Legendary Invtrs Group 1 LLC
Western Fidelity Trustees
Trustees Deed
related
—
Mar 18, 2011
—
E 3rd 805 Traction Lig-822
—
Deed Of Trust
related
$29,919,039 · East West Bank
Jun 11, 2009
—
Muruelo Richard Living Trust
Merco Group-411 S Hewitt Stree
Quit Claim Deed
related
—
Apr 13, 2005
$660,000
Merco Group-411 S Hewitt Stree
Wicksman Martin & D Trust
Grant Deed
—
Dec 20, 1994
—
Wicksman,martin R & Davida Trust
Wicksman,m R & D
Quit Claim Deed
related
—
Aug 20, 1990
$138,000
Wicksman Martin
William Martin
Grant Deed
—
Sep 8, 1988
$276,000
William Martin
Mort
Grant Deed
—
—
—
Merco Group-411 S Hewitt Stree
—
Deed Of Trust
related
$1,493,500 · Namco Capital Group INC
—
—
Martin R Wicksman
—
Deed Of Trust
related
$107,250 · Individual
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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