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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Assisted living facilities
1101 Vernon Ave, Los Angeles, CA 90037-2417
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7632358
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Construction
WOOD
Total area
2,552 SF
Lot
0.14 ac (6,094 SF)
Zoning code
LARD1.5
APN
5020-024-018
UPID
US09-7632358
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
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$974k
Blend (final)
Blend
$840k
Owner & transaction history
Nicolas Colombier Lange · 4 yrs held
Nicolas Colombier Lange
since 2022
Last sale
$865,008
7 recorded transactions
Zoning & alternative use
LARD1.5 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+97.9%
Office building
$1.3M
+82.8%
Medical building
$1.2M
+65.9%
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
$815,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$700,000
Current use
AUTO REPAIR, GARAGE
$1,385,000
Change: +98% · Conversion: Difficult
OFFICE BUILDING
$1,280,000
Change: +83% · Conversion: Difficult
MEDICAL BUILDING
$1,165,000
Change: +66% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,080,000
Change: +54% · Conversion: Difficult
WAREHOUSE, STORAGE
$715,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$660,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $865k (May 24 2022)
Last sale anchor
$865k
May 24 2022
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
$329 / 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
$11,314
Tax year 2024
Assessed value
$899,946
Assessed 2024
Previous assessed
$899,946
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$728,280
Assessed improvement
$171,666
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Total area
2,552 SF
Lot
0.14 ac (6,094 SF)
Zoning code
LARD1.5
APN
5020-024-018
UPID
US09-7632358
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARD1.5 · Los Angeles, CA
Zoning LARD1.5 · permitted uses
LARD1.5 · 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$700,000
AUTO REPAIR, GARAGE
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$715,000
RETAIL STORES
Est. value
$660,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
RETAIL STORES
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
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Nicolas Colombier Lange
Individual
Free & Clear · 4 yrs held
Mailing address
8180 BILLOWVISTA DR, PLAYA DEL REY, CA 90293-7806
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2023
—
Nicolas Colombier Lange
—
Deed
related
$646,000 · Logix FCU
May 24, 2022
$865,000
Nicolas Colombier Lange
Eric A Turner
Grant Deed
—
May 19, 2022
—
Eric A Turner
Denise Turner
Intrafamily Transfer
related
—
Apr 21, 2022
—
Denise Turner
Darnell Hendrick
Grant Deed
—
Aug 24, 2021
—
Darnell Hendrick
Darnell Hendrick
Intrafamily Transfer
related
—
Jan 2, 2020
—
Turner Family Trust
Eric A Truner
Quit Claim Deed
related
—
Sep 23, 2019
—
Owner Name Unavailable
Aposhian,helen E
Affidavit Of Death
—
Dec 28, 2006
—
Darnell Hendrick
Hendrick Clara M Trust
Quit Claim Deed
related
—
May 19, 1995
—
Hendrick,clara M Trustee
Hendrick,c M
Quit Claim Deed
related
—
Jan 10, 1992
—
Tommie Hendrick
C & T Hendrick
Quit Claim Deed
related
$37,500 · Home Budget Loans
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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