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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Apartment buildings
1034 Leighton Ave, Los Angeles, CA 90037-1612
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6340858
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1909
Construction
WOOD
Total area
4,654 SF
Lot
0.18 ac (7,813 SF)
Zoning code
LAC2
APN
5037-024-022
UPID
US09-6340858
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
$645k
Owner & transaction history
1032-34 Leighton Avenue LLC · 11 yrs held
1032-34 Leighton Avenue LLC
since 2014
7 recorded transactions
Zoning & alternative use
LAC2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$795,000
Current use
COMMERCIAL (GENERAL)
$700,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$645k
Range $581k – $710k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$139 / 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
$10,572
Tax year 2024
Assessed value
$795,333
Assessed 2024
Previous assessed
$795,333
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$571,463
Assessed improvement
$223,870
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1909
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Units
4
Bathrooms
6
Total area
4,654 SF
Lot
0.18 ac (7,813 SF)
Zoning code
LAC2
APN
5037-024-022
UPID
US09-6340858
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning LAC2 · permitted uses
LAC2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$795,000
COMMERCIAL (GENERAL)
Est. value
$700,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1909
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
4
Bathrooms
6
Lot
0.18 ac
Current owner
From public records · entity-resolved
1032-34 Leighton Avenue LLC
Entity
Mailing address
9533 VIA RICARDO, BURBANK, CA 91504-1217
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2015
—
1032-1034 Leighton Avenue LLC
—
Trustees Deed
related
$300,000 · Ajkl Management Group LLC
Aug 21, 2014
—
1032-34 Leighton Avenue LLC
Sargsyan,ashkhen
Quit Claim Deed
related
—
Jun 6, 2014
—
Ashkhen Sargsyan
Doganyan,oganes
Quit Claim Deed
$500,000 · C&e Financial
Jun 4, 2012
$280,000
Oganes Doganyan
Argent Securities 2006-w5
Grant Deed
—
Oct 26, 2011
$731,908
Deutsche Bank Series 2006-w5
Power Default Services INC
Trustees Deed
related
—
Sep 14, 2010
—
Henry B Zachary
Zachary,henry B
Quit Claim Deed
related
—
Dec 7, 2009
—
Henry Zachery
Lundy,roy
Grant Deed
related
—
Nov 16, 2009
—
Alejandra G Acosta
Acosta,alejandra G
Quit Claim Deed
related
—
Sep 14, 2009
—
Alejandra G Acosta
Lundy,roy
Grant Deed
—
Apr 5, 2006
$725,000
Roy Lundy
Gabriel Rufus
Grant Deed
$650,000 · Argent Mortgage Company LLC
Dec 23, 2005
—
Gabriel Rufus
Shirley Rufus
Intrafamily Transfer
related
$527,000 · New Century Mortgage Corp
Oct 31, 2003
—
Gabriel Rufus
Rufus,shirley
Quit Claim Deed
related
—
Oct 31, 2003
$380,000
Gabriel Rufus
Sumi,ronald N
Grant Deed
$304,000 · Loan Center Of California INC
Oct 30, 2003
$380,000
Gabriel Rufus
Sumi,ronald N
Grant Deed
$304,000 · Loan Center Of California INC
Nov 15, 1995
—
Ronald N Sumi
Sumi,r N
Quit Claim Deed
related
—
Jan 9, 1992
—
Ronald N Sumi
Sakamaki,ben
Quit Claim Deed
related
$150,000 · Quaker City Federal S & L
—
—
Ronald N Sumi
—
Deed Of Trust
related
$171,000 · Robert C & Nancy M Larner
—
—
Ronald N Sumi
—
Deed Of Trust
related
$272,000 · Encore Credit Corp
—
—
Oganes Doganyan
—
Deed Of Trust
related
$550,000 · Rouzanna Karagezian
—
—
Ronald N Sumi
—
Deed Of Trust
related
$44,000 · Us Small Business Admn
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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