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Property profile & analytics
OFF-MARKET
Estimated value
$4,350,000
Parking lots & garages
Inglewood, CA 90301
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US10-0012910
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1956
Construction
TILT-UP CONCRETE
Total area
7,400 SF
Lot
0.17 ac (7,500 SF)
Zoning code
INC1*
APN
4021-014-050
UPID
US10-0012910
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
$4.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.64M
Blend (final)
Blend
$4.35M
Owner & transaction history
Lc Venture Group 2 LLC · 5 yrs held
Lc Venture Group 2 LLC
since 2021
Last sale
$4.1M
5 recorded transactions
Zoning & alternative use
INC1* · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.9M
+184.3%
Restaurant
$4.8M
+98.1%
Neighborhood: shopping center
$4.5M
+85.1%
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 Inglewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inglewood 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
$4,640,000
ML approach
$4,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$6,915,000
Change: +184% · Conversion: Difficult
RESTAURANT
$4,820,000
Change: +98% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,505,000
Change: +85% · Conversion: Difficult
MEDICAL BUILDING
$3,365,000
Change: +38% · Conversion: Difficult
RETAIL STORES
$2,630,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$4.35M
Range $3.92M – $4.79M · ±10% · vs last sale $4.10M (Jul 22 2021)
Last sale anchor
$4.10M
Jul 22 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
$588 / 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
$13,447
Tax year 2024
Assessed value
$1,040,400
Assessed 2024
Previous assessed
$1,040,400
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,014,390
Assessed improvement
$26,010
Applied tax rate
4.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Bathrooms
3
Total area
7,400 SF
Lot
0.17 ac (7,500 SF)
Zoning code
INC1*
APN
4021-014-050
UPID
US10-0012910
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
INC1* · Inglewood, CA
Zoning INC1* · permitted uses
INC1* · Inglewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inglewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$6.9M
RESTAURANT
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$3.4M
RETAIL STORES
Est. value
$2.6M
AUTO REPAIR, GARAGE
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
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
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Bathrooms
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
Lc Venture Group 2 LLC
Entity
Mailing address
PO BOX 861211, LOS ANGELES, CA 90086-1211
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2021
$4,100,000
Lc Venture Group 2 LLC
Navda LLC
Grant Deed
$2,565,000 · Oakhurst Income Fund I LP
May 18, 2010
$2,005,000
Navda LLC
Inglewood Family Corp
Grant Deed
$1,200,000 · Wedbush Bank
Sep 5, 1997
$365,500
Inglewood Family Corp
—
Grant Deed
related
—
—
—
Inglewood Family Corp
—
Deed Of Trust
related
$50,000 · Individual
—
—
Inglewood Family Corp
—
Deed Of Trust
related
$1,000,000 · Mervyn Landsman
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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