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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Parking lots & garages
Los Angeles, CA 90005
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9495048
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Total area
7,440 SF
Lot
0.17 ac (7,442 SF)
Zoning code
LARAS4
APN
5077-015-018
UPID
US09-9495048
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
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$531k
Blend (final)
Blend
$610k
Owner & transaction history
2806 W7th Dev LLC · 8 yrs held
2806 W7th Dev LLC
since 2018
7 recorded transactions
Zoning & alternative use
LARAS4 · 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
by Request
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$610k
Range $549k – $671k · ±10%
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
$82 / 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
$35,497
Tax year 2024
Assessed value
$2,900,348
Assessed 2024
Previous assessed
$2,900,348
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,900,348
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
Heating
NONE
Total area
7,440 SF
Lot
0.17 ac (7,442 SF)
Zoning code
LARAS4
APN
5077-015-018
UPID
US09-9495048
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARAS4 · Los Angeles, CA
Zoning LARAS4 · permitted uses
LARAS4 · 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
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
2806 W7th Dev LLC
Entity
Mailing address
950 TOWER LN STE #870, FOSTER CITY, CA 94404-2125
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2021
—
2806 W7th Development LLC
—
Deed
related
$9,960,000 · Shanghai Commercial Bank
Feb 22, 2018
—
2806 W7th Dev LLC
2806 W7th LLC
Quit Claim Deed
—
Oct 26, 2016
$19,000,000
2806 W7th LLC
Brooks 7th Apartments LLC
Grant Deed
—
Mar 24, 2016
$8,250,000
Brooks 7th Apartments LLC
Willington Investment LLC
Grant Deed
$4,815,000 · Private Individual
Mar 15, 2013
—
Willington Investment LLC
—
Deed Of Trust
related
$3,520,000 · Bbu Bank
Dec 28, 2012
—
Willington Investment LLC
Cho,young S & Stella Y
Grant Deed
—
Dec 18, 2012
$3,068,109
Young S Cho
Chicago Title Co
Trustees Deed
related
—
May 1, 2008
—
Artmonde LLC
—
Deed Of Trust
related
$15,000,000 · Goodmorning Shinhan Secs Co
Mar 28, 2008
—
Artmonde LLC
Sns Investment Management LLC
Grant Deed
$1,121,500 · Chinatrust Bank USA
Jun 24, 2002
$309,000
Wilshire State Bank
Labog,glenn M & Gener M
Trustees Deed
related
—
Mar 31, 2000
$350,000
Glenn M Labog
Moon,jin S
Grant Deed
$330,000 · Wilshire State Bank
Sep 23, 1997
$108,600
Jin S Moon
—
Grant Deed
related
—
—
—
Glenn Labog
—
Deed Of Trust
related
$90,000 · Eli
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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