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Property profile & analytics
OFF-MARKET
Estimated value
$4,005,000
Auto shops
8535 Venice Blvd Los Angeles, CA 90034-2548
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8104710
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1975
Construction
TILT-UP CONCRETE
Total area
6,500 SF
Lot
0.17 ac (7,489 SF)
Zoning code
LAC2
APN
5065-011-036
UPID
US09-8104710
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
Current use
Occupant on record · Public records
-
Tacos Los Gueros Restaurant
-
Bonfit Big Box & Wholesale Store Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.01M
Owner & transaction history
Mammil LLC · 5 yrs held
Mammil LLC
since 2021
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.3M
+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
$4,285,000
ML approach
$4,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,535,000
Current use
RESTAURANT
$5,345,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$3,260,000
Change: -8% · Conversion: Difficult
MEDICAL BUILDING
$2,960,000
Change: -16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,905,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$4.01M
Range $3.60M – $4.41M · ±10% · vs last sale $3.84M (May 27 2021)
Last sale anchor
$3.84M
May 27 2021
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
$616 / 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
$49,879
Tax year 2024
Assessed value
$4,075,038
Assessed 2024
Previous assessed
$4,075,038
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,971,382
Assessed improvement
$1,103,656
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
6,500 SF
Lot
0.17 ac (7,489 SF)
Zoning code
LAC2
APN
5065-011-036
UPID
US09-8104710
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning LAC2 · permitted uses
LAC2 · 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
$3.5M
RESTAURANT
Est. value
$5.3M
OFFICE BUILDING
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.9M
AUTO REPAIR, GARAGE Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Mammil LLC
Entity
Mailing address
261 S RODEO DR, BEVERLY HILLS, CA 90212-3803
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2021
$3,840,000
Mammil LLC
Mobius One LLC
Grant Deed
$2,500,000 · First Republic Bank
Jun 13, 2018
—
Hrak Markanian
Markanian,joanne
Quit Claim Deed
related
—
Jun 13, 2018
$2,750,000
Mobius One LLC
Samer Kashou
Grant Deed
$1,179,574 · Jpmorgan Chase Bank NA
Oct 31, 2007
—
Samer Kashou
Kashou,najla
Quit Claim Deed
related
$607,500 · Bayview Financial Small Bus Fndg Ll
Jun 1, 2007
—
Samer Kashou
Kashou,samer
Quit Claim Deed
related
—
Jul 27, 2001
$738,000
Samer Kashou
Lal,mahendra & Nancy
Grant Deed
$590,400 · Cnl Commercial Finance INC
Jul 27, 2001
—
Samer Kashou
Kashou,n
Quit Claim Deed
related
—
Nov 17, 2000
—
Lal,mahendra & Nancy Trustees
Lal,m & N
Quit Claim Deed
related
—
Feb 23, 1988
$204,000
Mahendra Lal
Prasa
Grant Deed
$198,400 · Olympic National Bank
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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