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    For Sale (21)

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    Mount Washington Development Opportunity
    $125,000
    0.15 Acres

    Mount Washington Development Opportunity

    Rare 26,435 SF development opportunity in Mount Washington.

    452 Beech St, Los Angeles, CA 90065
    View details
    Angelino Heights Triplex with Views
    $1,499,000
    2,636 SF

    Angelino Heights Triplex with Views

    Historic triplex in prime location with income potential.

    1120 W Edgeware Rd, Los Angeles, CA 90026
    View details
    Altadena Land with Valley Views
    $615,000
    0.27 Acres

    Altadena Land with Valley Views

    Expansive lot in Altadena to build your dream home.

    1308 Sunny Oaks Cir, Altadena, CA 91001
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    North Hollywood Live/Work Compound
    $1,095,000
    1,822 SF

    North Hollywood Live/Work Compound

    Live/work property with income potential in North Hollywood.

    6041 Cleon Ave, North Hollywood, CA 91606
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    Expansive Lot in Glassell Park
    $435,000
    0.29 Acres

    Expansive Lot in Glassell Park

    RTI development opportunity in a sought-after hillside neighborhood.

    4001 N College Crest Dr, Los Angeles, CA 90065
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    Lancaster Land in Solar Area
    $49,999
    10.09 Acres

    Lancaster Land in Solar Area

    10 acres in booming solar farm area of Lancaster, CA.

    A-12 Avenue, Lancaster, CA 93536
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    Silver Lake Hillside Triplex
    $1,285,000
    1,274 SF

    Silver Lake Hillside Triplex

    Charming triplex in the heart of Silver Lake.

    2237 Effie St, Los Angeles, CA 90026
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    Land in Virgil Village, Los Angeles
    $900,000
    0.17 Acres

    Land in Virgil Village, Los Angeles

    Land for sale in rapidly growing Virgil Village neighborhood.

    439 N Commonwealth Ave, Los Angeles, CA 90004
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    Virgil Village Fixer Duplex
    $900,000
    1,798 SF

    Virgil Village Fixer Duplex

    Duplex in growing Virgil Village neighborhood near Silver Lake.

    447 N Commonwealth Ave, Los Angeles, CA 90004
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    Los Angeles Skyline View Lot
    $349,000
    0.25 Acres

    Los Angeles Skyline View Lot

    Large, graded lot with views of Downtown LA.

    1476 Avenue 57 N, Los Angeles, CA 90042
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    Highland Park Land Parcel
    $179,000
    0.25 Acres

    Highland Park Land Parcel

    Partially graded lot in Highland Park ready for development.

    1425 N Highgate Ave, Los Angeles, CA 90042
    View details
    Los Angeles Skyline View Lot
    $349,000
    0.29 Acres

    Los Angeles Skyline View Lot

    Large graded lot with views to Downtown LA.

    1480 Avenue 57 N, Los Angeles, CA 90042
    View details
    Shovel-Ready Lot in Mount Washington
    $299,000
    0.16 Acres

    Shovel-Ready Lot in Mount Washington

    Vacant lot with permits in hand for immediate construction.

    448 W Beech St, Los Angeles, CA 90065
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    Mount Washington Development Opportunity
    $125,000
    0.15 Acres

    Mount Washington Development Opportunity

    Rare 26,435 SF development opportunity in Mount Washington.

    500 W Beech St, Los Angeles, CA 90065
    View details
    Mount Washington Development Opportunity
    $125,000
    0.15 Acres

    Mount Washington Development Opportunity

    Rare 26,435 SF development opportunity in Mount Washington.

    512 W Beech St, Los Angeles, CA 90065
    View details
    Mount Washington Development Opportunity
    $125,000
    0.16 Acres

    Mount Washington Development Opportunity

    Rare 26,435 SF development opportunity in Mount Washington.

    506 W Beech St, Los Angeles, CA 90065
    View details
    Joshua Tree Land with Views
    $95,000
    2.62 Acres

    Joshua Tree Land with Views

    2.62 acres in Joshua Tree with panoramic views.

    7564 Vista Rd, Joshua Tree, CA 92252
    View details
    Mid-Century Multifamily Near Sunset Strip
    $3,500,000
    6,089 SF

    Mid-Century Multifamily Near Sunset Strip

    Charming 8-unit multifamily property near Chateau Marmont and Sunset Strip.

    1477 Havenhurst Dr, Los Angeles, CA 90046
    View details
    Lancaster Land Ideal for Solar
    $49,999
    439,727 SF

    Lancaster Land Ideal for Solar

    10 acres in Lancaster, perfect for solar or agriculture.

    A-12 Avenue, Lancaster, CA 93536
    View details
    Land for Sale
    $615,000

    Land for Sale

    Land available in Los Angeles County.

    1308 Sunny Oaks Cir, Altadena, CA 91001
    View details
    Land For Sale Los Angeles
    $900,000

    Land For Sale Los Angeles

    Land available for sale in Los Angeles, California.

    439 N Commonwealth Ave, Los Angeles, CA 90004
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    sotheby's international realty
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