Technical
Financial
Distress signals
Property profile

1020 Fairfax Ave Los Angeles, CA 90019

OFF-MARKET
Assisted living facilities
Property ID
US10-0452920
23,848 SF 0.45 ac lot Built 1970
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1970
Construction TILT-UP CONCRETE
Total area 23,848 SF
Lot 0.45 ac (19,438 SF)
Zoning code LAC2
APN 5086-001-051
UPID US10-0452920

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home
  • Nursing Home
  • Waste Management Facility
  • General Contractor Construction Company

Location

1020 Fairfax Ave Los Angeles, CA 90019-4401
Los Angeles metro Census 216902 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.36M
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.10M
Blend (final) Blend
$12.85M

Owner & transaction history

since 2020
Last sale
$11.0M
5 recorded transactions
2020
$11.0M
2013
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LAC2 · Los Angeles, CA
Top alternative use upside
Auto repair, garage $13.0M +97.9%
Office building $12.0M +82.8%
Medical building $10.9M +65.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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