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Property profile

968 Formosa Ave Los Angeles, CA 90046

OFF-MARKET
Parking lots & garages
Property ID
US09-6917585
143,580 SF 0.17 ac lot Built 2018
Last sale Jun 2025 · $4,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$162k
Tax billed · 2024
Assessed value$13.35M
Assessed land$773k
Assessed improvement$12.58M
Effective rate1.21%

Value estimate

· Oct 2026
$4.18M
$3.76M – $4.60M
AI approach$4.92M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$618/SF
Submarket average, outlier-cleaned · 581 recorded sales of this use type
Observed band · Q1–Q3$209 – $1,129

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LAMR1
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency43.6
Dental Office41.4
Building Supply39.2

Location

968 Formosa Ave Los Angeles, CA 90046
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
946 Formosa, Los Angeles, CA 90046-6702 $4,900,000 Jun 2025 7,510 SF
950 Formosa, Los Angeles, CA 90046-6702 $4,900,000 Jun 2025 7,510 SF
712 Alta Vis, Los Angeles, CA 90046-7602 $6,750,000 Apr 2023 6,700 SF
8142 Sunset, Los Angeles, CA 90046-2404 $14,000,000 Apr 2023 13,000 SF
722 Fairfax, Los Angeles, CA 90046 $11,000,110 Nov 2019 7,600 SF
1111 Poinsettia, Los Angeles, CA 90046 $920,000 Oct 2018 5,230 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $985,000
    32,110 SF
    Los Angeles, CA 90046
    PARKING LOT
    Los Angeles, CA 90046
    View Details
  • Value Estimation
    $515,000
    13,000 SF
    Los Angeles, CA 90046
    PARKING LOT
    Los Angeles, CA 90046
    View Details
  • Value Estimation
    $450,000
    12,730 SF
    1130 Detroit St
    PARKING LOT
    1130 Detroit St, Los Angeles, CA 90046
    View Details
  • Value Estimation
    $380,000
    9,300 SF
    Los Angeles, CA 90046
    PARKING LOT
    Los Angeles, CA 90046
    View Details
  • Value Estimation
    $390,000
    8,100 SF
    1520 Ogden Dr
    PARKING LOT
    1520 Ogden Dr, Los Angeles, CA 90046-2616
    View Details
  • Value Estimation
    $285,000
    7,500 SF
    Los Angeles, CA 90046
    PARKING LOT
    Los Angeles, CA 90046
    View Details

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