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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Parking lots & garages
Los Angeles, CA 90064
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9567471
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1991
Total area
13,370 SF
Lot
0.31 ac (13,365 SF)
Zoning code
LAR3
APN
4259-032-027
UPID
US09-9567471
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
$920k
Owner & transaction history
Mgp Xii Pico Bundy LLC · 7 yrs held
Mgp Xii Pico Bundy LLC
since 2019
6 recorded transactions
Zoning & alternative use
LAR3 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$69 / 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
$86,031
Tax year 2024
Assessed value
$7,119,633
Assessed 2024
Previous assessed
$7,119,633
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$7,108,698
Assessed improvement
$10,935
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
1991
Heating
NONE
Total area
13,370 SF
Lot
0.31 ac (13,365 SF)
Zoning code
LAR3
APN
4259-032-027
UPID
US09-9567471
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Los Angeles, CA
Zoning LAR3 · permitted uses
LAR3 · 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
Year built
1991
Heating
NONE
Lot
0.31 ac
Current owner
From public records · entity-resolved
Mgp Xii Pico Bundy LLC
Entity
Free & Clear · 7 yrs held
Mailing address
425 CALIFORNIA ST10THFL, SAN FRANCISCO, CA 94104-2102
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
—
Mgp Xii Pico Bundy LLC
—
Deed
related
$300,000,000 · Wells Fargo Bank NA
Aug 6, 2024
—
Mgp Xii Pico Bundy LLC
—
Deed
related
—
Feb 26, 2019
$22,600,000
Mgp Xii Pico Bundy LLC
Goldman J & N F/tr
Grant Deed
—
Jun 8, 2009
—
Goldman Irwin & K Family Trust
Irwin & K Family Trust
Quit Claim Deed
related
—
Mar 6, 2006
—
Gary N Goldman
Goldman Gary & D Fam Trust
Quit Claim Deed
related
—
Oct 31, 1996
$5,450,000
Goldman Trust
Pico Prime Center LP
Grant Deed
—
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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