Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces
8542 Washington Blvd Culver City, CA 90232-7464
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0333958
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1959
Construction
TILT-UP CONCRETE
Total area
1,750 SF
Lot
0.05 ac (2,253 SF)
Zoning code
CCC3YY
APN
4205-017-017
UPID
US10-0333958
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
Shellmar LLC · 6 yrs held
Shellmar LLC
since 2019
7 recorded transactions
Zoning & alternative use
CCC3YY · Culver City, 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 Culver City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Culver City 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
$23,535
Tax year 2024
Assessed value
$1,956,766
Assessed 2024
Previous assessed
$1,956,766
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,527,887
Assessed improvement
$428,879
Applied tax rate
3.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
1,750 SF
Lot
0.05 ac (2,253 SF)
Zoning code
CCC3YY
APN
4205-017-017
UPID
US10-0333958
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CCC3YY · Culver City, CA
Zoning CCC3YY · permitted uses
CCC3YY · Culver City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Culver City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Shellmar LLC
Entity
Mailing address
3301 OCEAN PARK BLVD STE #111, SANTA MONICA, CA 90405-3223
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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 20, 2019
$3,285,000
Shellmar LLC
Pdx 8540 Washington Blvd LLC
Grant Deed
—
May 3, 2019
—
Pdx 8540 Washington Blvd LLC
—
Deed
related
$1,420,250 · Ps Funding INC
Jan 31, 2019
—
Pdx 8540 Washington Blvd LLC
—
Deed
related
$1,860,000 · Pacific Premier Bank
Sep 14, 2018
$3,100,000
Pdx 8540 Washington Blvd LLC
Khansefid,madjid
Grant Deed
—
Aug 20, 2015
—
Madjid Khansefid
Khansefid,madjid
Quit Claim Deed
related
$2,995,000 · Plaza Bk
Sep 26, 2014
—
Madjid Khansefid
Madjid Khansefid
Intrafamily Transfer
related
$150,000 · Forbix Capital Corp
May 28, 2014
—
Madjid Khansefid
Bazazi,cyrus K
Quit Claim Deed
$600,000 · 8540-8542 Washington Blvd LLC
May 8, 2014
—
Cyrus K Bazazi
Khansefid,madjid
Quit Claim Deed
—
Dec 3, 1999
—
Madjid Khansefid
Bailey,w P
Grant Deed
$224,000 · Imperial Bank
—
—
Madjid Khansefid
—
Deed Of Trust
related
$300,000 · Gralla D & M Family Trust
—
—
Madjid Khansefid
—
Deed Of Trust
related
$110,000 · Forbix Cap
Oct 25, 1968
$23,500
W Paul Bailey
—
Grant Deed
related
—
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 8542 Washington Blvd?
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.
