Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1065 Wooster St Los Angeles, CA 90035-1503

    • Apartment buildings
    • 13,105 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimations
    $650,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7069713
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1065 Wooster St

    Year built
    2018
    Construction
    TILT-UP CONCRETE
    Lot size
    0.15 lot acres
    Property size
    13,105 SF
    Zone code
    LAR3
    Property type
    Apartment buildings
    APN
    4332-016-034
    APU
    4332016034

    Description

    This exceptional Class A, 8-unit apartment building in Los Angeles' desirable Pico-Robertson neighborhood presents a lucrative investment opportunity. Built in 2023, this 13,105-square-foot property boasts a desirable unit mix: one 3-bed/2-bath penthouse, four 3-bed/2-bath units, two 2-bed/2-bath units, and one 1-bed/1-bath unit. Each unit features modern amenities including central heating and cooling, in-unit washer/dryers, and open-concept kitchens. Most units offer dual sinks and dual dishwashers. Large dual-pane windows provide abundant natural light and stunning city views. The building sits on a 6,615-square-foot lot and is conveniently located near popular restaurants and boasts a Walk Score of 96. Currently, seven of the eight units are vacant. The asking price is $8,950,000, representing a 0.78% cap rate and a NOI of $70,136. This nine-story building offers a strong return on investment in a highly sought-after area. The property is offered as a 1031 exchange opportunity. Seventeen parking spaces are included, with one designated for wheelchair accessibility. This is a rare opportunity to acquire a brand-new multifamily property in a prime Los Angeles location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $645,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $707,000
      Market price range: $498k - $829k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.383
    Latitude
    34.0574
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $42,242
    $1,543,141
    $1,841,302
    $3,384,443
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $400,000
      5,562 SF

      1533 Bedford St

      APARTMENT HOUSE (5+ UNITS) • 5,562 SF
      1533 Bedford St, Los Angeles, CA 90035-4470
      View Details
    • Value Estimation
      $550,000
      30,867 SF

      1054 Bedford St

      APARTMENT HOUSE (5+ UNITS) • 30,867 SF
      1054 Bedford St, Los Angeles, CA 90035-2156
      View Details
    • Value Estimation
      $365,000
      6,707 SF

      8517 Horner St

      APARTMENT HOUSE (5+ UNITS) • 6,707 SF
      8517 Horner St, Los Angeles, CA 90035-3643
      View Details
    • Value Estimation
      $370,000
      5,706 SF

      1198 La Cienega Blvd

      APARTMENT HOUSE (5+ UNITS) • 5,706 SF
      1198 La Cienega Blvd, Los Angeles, CA 90035-4556
      View Details
    • Value Estimation
      $265,000
      5,553 SF

      6117 Cashio St

      APARTMENT HOUSE (5+ UNITS) • 5,553 SF
      6117 Cashio St, Los Angeles, CA 90035-3709
      View Details
    • Value Estimation
      $415,000
      12,690 SF

      8532 Cashio St

      APARTMENT HOUSE (5+ UNITS) • 12,690 SF
      8532 Cashio St, Los Angeles, CA 90035-3624
      View Details

    Similar Nearby for Sale

    • $1,895,000

      Beverlywood Apartment Building with Potential

      Charming eight-unit Spanish-style apartment building in a desirable location.
      8553 Alcott St, Los Angeles, CA 90035
      View Details
    • $1,900,000
      6,710 SF

      Pico-Robertson Multifamily Investment Opportunity

      Well-maintained 8-unit apartment building in prime Los Angeles location.
      1448 Stearns Dr, Los Angeles, CA 90035
      View Details
    • $3,950,000
      0.23 Acres

      Development Opportunity in Pico-Robertson

      Entitled development project with 29 apartment units and 6 ADUs.
      8521 Horner St, Los Angeles, CA 90035
      View Details
    • $1,900,000

      Pico Robertson Duplex with Development Potential

      Duplex in prime location with ADU/development possibilities.
      1140 S Shenandoah St, Los Angeles, CA 90035
      View Details
    • $1,849,900
      2,510 SF

      Los Angeles Development Opportunity

      LAR3 corner lot with alley access in Crestview/Beverlywood.
      8767 Airdrome St, Los Angeles, CA 90035
      View Details
    • $1,795,000
      3,898 SF

      Residential Income Property in Los Angeles

      Los Angeles duplex with potential for additional dwelling units.
      1120 S Crescent Heights Blvd, Los Angeles, CA 90035
      View Details

    Similar Nearby for Lease

    • $5,500 /Mo

      Luxurious Apartment Near Roxbury Park

      Boutique apartment with direct elevator access near Century City.
      1310 Roxbury Dr, Los Angeles, CA 90035
      View Details
    • $2,100 /Mo

      Spacious Top Floor Apartment

      Bright, airy 1-BR apartment near Beverly Hills with parking.
      1254 Smithwood Dr, Los Angeles, CA 90035
      View Details
    • $3 SF/Yr
      1,660 SF

      Prime West Pico Location: 2 Retail Stores

      Prime West Pico Location: 2 Retail Stores
      5994 W Pico Blvd, Los Angeles, CA 90035
      View Details
    • $36 SF/Yr
      1,500 SF

      La Cienega Blvd Retail Space For Lease

      1,500 SF Retail Space, High Visibility
      1449 La Cienega Blvd, Los Angeles, CA 90035
      View Details
    • Contact for pricing
      10,000 SF

      Historic Office Building in Los Angeles

      Charming Spanish-style office building near Beverly Hills and Culver City.
      1436 S La Cienega Blvd, Los Angeles, CA 90035
      View Details
    • $4 SF/Yr
      7,726 SF

      Restored Mid-Century Modern Office

      Fully restored 1964 mid-century modern office building for rent.
      1551 S Robertson Blvd, Los Angeles, CA 90035
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1065 Wooster St
    Los Angeles, CA 90035-1503
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.