Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2150 West View St Los Angeles, CA 90016
    Back to Search
    Property profile & analytics

    2150 West View St Los Angeles, CA 90016

    View on Map
    • Apartment buildings
    • 5,985 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Modern Homestay / Hostel

    Property Details for 2150 West View St

    Year built
    2020
    Property size
    5,985 SF
    Property type
    Apartment buildings

    Description

    This exceptional 2020-built multifamily property in Los Angeles, CA (90016), offers a compelling investment opportunity. Comprising three units – a 5-bedroom, 5-bathroom single-family residence (approximately 2,439 square feet) and two 5-bedroom, 5-bathroom townhome-style units (approximately 1,819 and 1,727 square feet respectively) – this property boasts a total of 5,985 square feet of net rentable space on a 5,998 square foot lot. The building features high-end finishes including stainless steel appliances, European kitchen cabinets, 10-11 foot ceilings, walk-in showers, and top-notch windows. Additional amenities include balconies with stunning views, built-in storage, 100% waterproof flooring, spacious open floor plans, and pre-wired cable and internet in every room. Security features are also noteworthy, encompassing a 2-camera HD security system with a TV monitor and a motorized security driveway gate. Seven parking spaces are available (four garage spaces and three exterior spaces). Individual meters for gas, water, and electricity are provided. The property is located just five minutes from Culver City, offering convenient access to numerous local amenities. The asking price is $3,185,000, representing a price per square foot of $532.16 and a price per unit of $1,061,666.67. The property boasts a 5.8% cap rate and a pro-forma cap rate of 5.85%, with a pro-forma NOI of $186,232. The property is currently vacant, offering flexibility for the buyer. This is a fee-simple ownership opportunity, suitable for a 1031 exchange. The property is zoned for multifamily use.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.346
    Latitude
    34.0362

    Comparable in this City

    • Value Estimation by Request
      9,581 SF

      5468 Blackwelder St

      APARTMENT HOUSE (5+ UNITS) • 9,581 SF
      5468 Blackwelder St, Los Angeles, CA 90016-3755
      View Details
    • Value Estimation by Request
      7,236 SF

      4824 Coliseum St

      APARTMENT HOUSE (5+ UNITS) • 7,236 SF
      4824 Coliseum St, Los Angeles, CA 90016-5375
      View Details
    • Value Estimation by Request
      8,670 SF

      3614 Carmona Ave

      APARTMENT HOUSE (5+ UNITS) • 8,670 SF
      3614 Carmona Ave, Los Angeles, CA 90016-5137
      View Details
    • Value Estimation by Request
      6,236 SF

      2219 Crenshaw Blvd

      APARTMENT HOUSE (5+ UNITS) • 6,236 SF
      2219 Crenshaw Blvd, Los Angeles, CA 90016-1833
      View Details
    • Value Estimation by Request
      5,852 SF

      2917 Mansfield Ave

      APARTMENT HOUSE (5+ UNITS) • 5,852 SF
      2917 Mansfield Ave, Los Angeles, CA 90016-3934
      View Details
    • Value Estimation
      $6,980,000
      369,598 SF

      4502 Rodeo Ln

      APARTMENT HOUSE (5+ UNITS) • 369,598 SF
      4502 Rodeo Ln, Los Angeles, CA 90016-5647
      View Details

    Similar Nearby for Sale

    • $1,895,000

      West Adams Multifamily Investment Opportunity

      Seven-unit multifamily property with rental upside and development potential.
      5614 W Adams Blvd, West Adams, CA 90016
      View Details
    • $2,395,000
      9,000 SF

      Mid-City LA Townhome Apartments

      Eight-unit townhome apartment building in Mid-City Los Angeles.
      2251 Crenshaw Blvd, Los Angeles, CA 90016
      View Details
    • $4,299,000
      9,236 SF

      New Construction Multifamily Investment Property

      Six-unit apartment building in Mid City, Los Angeles. Fully stabilized.
      5209 W 20Th St, Los Angeles, CA 90016
      View Details
    • $1,325,777
      5,075 SF

      Los Angeles Home with Upgrades

      Charming Los Angeles home with modern upgrades and private backyard.
      2116 S Palm Grove Ave, Los Angeles, CA 90016
      View Details
    • Contact for pricing
      7,903 SF

      Multifamily Property with 12 Units

      Multifamily property featuring 12 units in Los Angeles.
      2718 Cochran Ave, Los Angeles, CA 90016
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available

      Retail space available for rent in Los Angeles.
      1900 S La Brea Ave, Los Angeles, CA 90016
      View Details
    • Contact for pricing

      Flex Space/Showroom Studio For Rent

      2,500 SF flex space/showroom studio or retail opportunity.
      2821 Crenshaw Blvd, Los Angeles, CA 90016
      View Details
    • Contact for pricing

      Mixed-Use Retail Space Available

      Retail space in mixed-use project with street visibility.
      3045 Crenshaw Blvd, Los Angeles, CA 90016
      View Details
    • $3 SF/Yr
      5,498 SF

      Creative Compound with Renovated Building

      Freestanding creative compound with renovated building and maintained outdoor space.
      4207-4215 W Jefferson Blvd, Los Angeles, CA 90016
      View Details
    • Contact for pricing
      6,000 SF

      Sprinklered Warehouse Near Culver City

      6,000 SF warehouse with bow-truss roof and skylights.
      4841-4845 Exposition Blvd, Los Angeles, CA 90016
      View Details
    • $2 SF/Yr
      16,280 SF

      Freestanding Building with Secure Yard

      Sublease available through 08/31/2026 with showroom and secure yard.
      3334 S La Cienega Pl, Los Angeles, CA 90016
      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.
    2150 West View St
    Los Angeles, CA 90016
    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

    Thank You for Inquiry
    2150 West View St, Los Angeles, CA, 90016
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!