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Property profile & analytics
OFF-MARKET
Apartment buildings
1043 Hobart Blvd Los Angeles, CA 90006-2405
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8272015
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1905
Total area
1,084 SF
Lot
0.29 ac (12,418 SF)
Zoning code
LAR4
APN
5080-017-107
UPID
US09-8272015
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
by Request
Owner & transaction history
Hobart Blvd Associates LP · 10 yrs held
Hobart Blvd Associates LP
since 2015
7 recorded transactions
Zoning & alternative use
LAR4 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$66,846
Tax year 2024
Assessed value
$5,500,513
Assessed 2024
Previous assessed
$5,500,513
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,321,169
Assessed improvement
$3,179,344
Applied tax rate
6.0000
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
1905
Heating
NONE
Cooling
YES
Bathrooms
5
Total area
1,084 SF
Lot
0.29 ac (12,418 SF)
Zoning code
LAR4
APN
5080-017-107
UPID
US09-8272015
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR4 · Los Angeles, CA
Zoning LAR4 · permitted uses
LAR4 · 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.
Building & site characteristics
From public records
Year built
1905
Heating
NONE
Cooling
Yes
Bathrooms
5
Lot
0.29 ac
Current owner
From public records · entity-resolved
Hobart Blvd Associates LP
Entity
Mailing address
218 N CANON DR STE C, BEVERLY HILLS, CA 90210-5308
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2023
—
Hobart Blvd Associates LP
—
Deed
related
$6,590,000 · Homestreet Bank
Nov 13, 2020
—
Hobart Blvd Associates LP
—
Deed
related
$6,800,000 · Homestreet Bank
Oct 18, 2016
—
Hobart Blvd Associates LP
—
Trustees Deed
related
$5,250,000 · California United Bk
Oct 5, 2015
$1,000,000
Hobart Blvd Associates LP
Park,tae S
Grant Deed
—
May 30, 2013
$650,000
Tae S Park
Kim M D & J W 2006 Trust
Grant Deed
—
Jun 17, 2011
$320,500
Kim,michael D & J W 2006 Trust
Meridian Foreclosure Svc
Trustees Deed
related
—
Nov 10, 2009
—
Ea Km Investment INC
Neumann,eva Y
Grant Deed
—
Feb 27, 2007
$616,000
Neumann,eva Y
Ea Km Investment INC
Grant Deed
$985,000 · Ea Km Investment INC
Oct 5, 2005
—
Eakm Investments INC
Yi,samuel
Grant Deed
—
Feb 7, 2005
$585,000
Yi,samuel
Pineda,estrella
Grant Deed
$468,000 · Professional Mtg
Feb 7, 2005
—
Yi,samuel
Yi,mira
Quit Claim Deed
related
—
Mar 9, 2004
—
Estrella Pineda
Pineda,tr
Quit Claim Deed
related
$245,000 · National City Mortgage Co
Apr 7, 2003
—
Pineda,tr
Pineda,estrella
Quit Claim Deed
related
—
Dec 5, 2000
—
Estrella Pineda
Pineda,m A
Quit Claim Deed
related
—
Jul 30, 1999
—
Clorinda M Deruiz
Moreno,m D
Grant Deed
related
—
Feb 17, 1999
—
Melania D Moreno
Moreno,m D
Quit Claim Deed
related
—
Feb 14, 1997
$165,000
Melania D Moreno
Montes,eddy & Gloria
Grant Deed
$161,452 · Ocean West Enterprises INC
Oct 31, 1996
$113,000
Eddy Montes
Federal Home Loan Mtg Corp
Grant Deed
$90,400 · NA Mortgage Services INC
Aug 13, 1996
$140,000
Federal Home Loan Mtg Corp
Namgoong,chun
Trustees Deed
related
—
Feb 6, 1991
$210,000
Chun Namegoong
Flores Maria P
Grant Deed
$168,000 · Home Savings Of America
—
—
Estrella Pineda
—
Deed Of Trust
related
$210,000 · Venture One Mortgage Corp
—
—
Moreno Melania Del Carmen
—
Deed Of Trust
related
$159,976 · First Suburban Corp
—
—
Eddy Montes
—
Deed Of Trust
related
$25,000 · South Coast Financial
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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