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Property profile & analytics
OFF-MARKET
Estimated value
$9,465,000
Hotels
1060 Broadway Los Angeles, CA 90015-4005
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0456387
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1925
Construction
TILT-UP CONCRETE
Total area
95,053 SF
Lot
0.2 ac (8,798 SF)
Zoning code
LAC2
APN
5139-014-011
UPID
US10-0456387
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
Current use
Occupant on record · Public records
-
Sibling Rival Cafe & Coffee Shop
-
Moonlark's Dinette Restaurant
-
Cabra Los Angeles Restaurant
-
The Hoxton, Downtown LA Restaurant
-
Vremove Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.06M
Blend (final)
Blend
$9.47M
Owner & transaction history
New 1060 South Broadway LLC · 10 yrs held
New 1060 South Broadway LLC
since 2015
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
Blend value · Realmo final
$9.47M
Range $8.52M – $10.41M · ±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
$100 / 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
$1,099,636
Tax year 2024
Assessed value
$90,053,008
Assessed 2024
Previous assessed
$90,053,008
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$8,820,451
Assessed improvement
$81,232,557
Applied tax rate
13.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
95,053 SF
Lot
0.2 ac (8,798 SF)
Zoning code
LAC2
APN
5139-014-011
UPID
US10-0456387
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.
Building & site characteristics
From public records
Year built
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.2 ac
Current owner
From public records · entity-resolved
New 1060 South Broadway LLC
Entity
Mailing address
159 ST JOHN ST LONDON ECIV XX
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2015
$29,950,000
New 1060 South Broadway LLC
1060 Broadway Hotel LLC
Grant Deed
—
Jul 22, 2015
$11,500,000
1060 Broadway Hotel LLC
1001 S Oliveii LLC
Grant Deed
$6,237,000 · Lone Oak Fund
Jul 22, 2015
—
1060 Broadway LLC
1060 S Broadway LLC
Quit Claim Deed
related
—
Mar 29, 2010
—
1001 S Olive LLC
—
Grant Deed
related
$6,000,000 · Israel Discount Bank New York
Dec 31, 2007
—
1001 S Olive LLC
11th & Broadway LLC
Quit Claim Deed
related
—
Mar 8, 2006
—
11th & Broadway LLC
Broadway Towers
Quit Claim Deed
—
—
—
11th & Broadway LLC
—
Deed Of Trust
related
$4,500,000 · United Commercial Bank
—
—
L & R Inv Co
—
Deed Of Trust
related
$400,000 · Bank Leumi Le-israel
—
—
L Investment
—
Deed Of Trust
related
$9,954,200 · Bank Leumi Le-israel
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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