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Property profile & analytics
OFF-MARKET
Estimated value
$1,605,000
Apartment buildings
1047 Stanley Ave West Hollywood, CA 90046-6316
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-8098399
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
WOOD
Total area
7,854 SF
Lot
0.15 ac (6,477 SF)
Zoning code
WDR3C*
APN
5530-016-025
UPID
US09-8098399
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
$1.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.61M
Owner & transaction history
Stanley A Sirott Trust
Stanley A Sirott Trust
since 2025
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
WDR3C* · West Hollywood, 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 West Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Hollywood 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
$1,605,000
ML approach
$1,605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,165,000
Current use
Blend value · Realmo final
$1.61M
Range $1.44M – $1.77M · ±10% · vs last sale $1.61M (Jul 26 2024)
Last sale anchor
$1.61M
Jul 26 2024
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
$204 / 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
$43,439
Tax year 2024
Assessed value
$3,430,777
Assessed 2024
Previous assessed
$3,430,777
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$2,058,131
Assessed improvement
$1,372,646
Applied tax rate
9.0000
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
1959
Construction
WOOD
Heating
NONE
Cooling
YES
Units
10
Bathrooms
12
Total area
7,854 SF
Lot
0.15 ac (6,477 SF)
Zoning code
WDR3C*
APN
5530-016-025
UPID
US09-8098399
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WDR3C* · West Hollywood, CA
Zoning WDR3C* · permitted uses
WDR3C* · West Hollywood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Hollywood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS) Current
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
1959
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
10
Bathrooms
12
Lot
0.15 ac
Current owner
From public records · entity-resolved
Stanley A Sirott Trust
Trust
Mailing address
238 CATHERINE PARK DR #803, GLENDORA, CA 91741-3017
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2025
—
Stanley A Sirott Trust
Stanley A Sirott
Deed
related
—
Jul 26, 2024
—
Adrienne Sirott
Adrienne Sirott
Intrafamily Transfer
related
—
Oct 10, 2023
—
Adrienne Sirott
Stanley Alexander Sirott
Affidavit Death Of Trustee/successor Trustee
related
—
Jun 29, 2018
$1,606,500
Sirott,stanley A Trust
Soleiset LP
Grant Deed
—
Mar 10, 2017
—
Soleiset LP
—
Deed
related
$1,500,500 · Umpqua Bank
Nov 17, 2016
$2,975,000
Soleiset LP
Ed Flores LLC
Grant Deed
—
Feb 27, 2015
$2,325,000
E D Flores LLC
1047 Stanley Avenue LLC
Grant Deed
$1,627,500 · 1st Century Bank NA
Jan 23, 2014
—
1047 Stanley Avenue LLC
1047 Stanley Investors LLC
Grant Deed
$1,200,000 · Grandpoint Bank
Nov 30, 2012
$1,732,500
1047 Stanley Investors LLC
Farkas Family LLC
Grant Deed
$950,000 · Sterling Savings Bank
Aug 18, 1999
—
Farkas Fmly Ltd
Farkas,s
Quit Claim Deed
related
—
Apr 14, 1999
—
Sam Farkas
Farkas S Trustee,
Quit Claim Deed
related
—
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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