New search
Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Parking lots & garages
844 115th St Los Angeles, CA 90044
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6344917
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1957
Construction
WOOD
Total area
5,200 SF
Lot
0.12 ac (5,281 SF)
Zoning code
LAR1
APN
6088-009-009
UPID
US09-6344917
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
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$452k
Blend (final)
Blend
$670k
Owner & transaction history
3a Family Limited Partnership LP · 2 yrs held
3a Family Limited Partnership LP
since 2023
Last sale
$716,246
7 recorded transactions
Zoning & alternative use
LAR1 · 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
$585,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $716k (Dec 27 2023)
Last sale anchor
$716k
Dec 27 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
$129 / 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
$3,458
Tax year 2024
Assessed value
$264,391
Assessed 2024
Previous assessed
$264,391
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$263,195
Assessed improvement
$1,196
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
1957
Construction
WOOD
Heating
NONE
Total area
5,200 SF
Lot
0.12 ac (5,281 SF)
Zoning code
LAR1
APN
6088-009-009
UPID
US09-6344917
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR1 · Los Angeles, CA
Zoning LAR1 · permitted uses
LAR1 · 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
1957
Construction
WOOD
Heating
NONE
Lot
0.12 ac
Current owner
From public records · entity-resolved
3a Family Limited Partnership LP
Entity
Mailing address
3435 WILSHIRE BLVD #2755, LOS ANGELES, CA 90010-1901
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2023
—
3a Family Limited Partnership LP
Santa Monica Corner LLC
Intrafamily Transfer
related
—
Nov 28, 2018
—
Santa Monica Comer LLC
—
Deed
related
$500,000 · East West Investment INC
Oct 3, 2013
$716,246
Santa Monica Corner LLC
Td Service Co
Trustees Deed
related
—
May 4, 1995
$130,000
Jorge P Newbery
First Fidelity Thrift & Loan
Grant Deed
$315,000 · Individual
Aug 30, 1989
$400,500
Peter Niciforos
Unknown
Grant Deed
—
—
—
Jorge P Newbery
—
Deed Of Trust
related
$350,000 · Individual
—
—
Jorge P Newbery
—
Deed Of Trust
related
$45,000 · Sunset Capital
—
—
Oxford Financial INC
—
Deed Of Trust
related
$525,000 · East West Bk
—
—
Santa Monica Corner LLC
—
Deed Of Trust
related
$525,000 · East West Bk
—
—
Shelter First INC
—
Deed Of Trust
related
$100,000 · Aztec Financial
—
—
Huckleberry Holdings INC
—
Deed Of Trust
related
$115,000 · Kessler Trust
—
—
Huckleberry Holdings
—
Deed Of Trust
related
$85,000 · Seagem LP
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 844 115th St?
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.
