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Property profile & analytics
OFF-MARKET
Apartment buildings
1116 62nd St Los Angeles, CA 90001-1126
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US09-8378428
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1923
Construction
WOOD
Total area
5,073 SF
Lot
0.28 ac (12,233 SF)
Zoning code
LCR3YY
APN
6008-015-904
UPID
US09-8378428
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
Angeles Unified Sch Distri Los · 19 yrs held
Angeles Unified Sch Distri Los
since 2006
7 recorded transactions
Zoning & alternative use
LCR3YY · 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 2023Property tax & assessments
Tax year 2023
Assessed value
$190,290
Assessed 2024
Previous assessed
$190,290
+0.0% YoY
Assessed land
$190,290
Applied tax rate
1.0000
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
1923
Construction
WOOD
Heating
NONE
Cooling
YES
Units
12
Bathrooms
12
Total area
5,073 SF
Lot
0.28 ac (12,233 SF)
Zoning code
LCR3YY
APN
6008-015-904
UPID
US09-8378428
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR3YY · Los Angeles, CA
Zoning LCR3YY · permitted uses
LCR3YY · 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
1923
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
12
Bathrooms
12
Lot
0.28 ac
Current owner
From public records · entity-resolved
Angeles Unified Sch Distri Los
Individual
Mailing address
333 S BEAUDRY AVE, LOS ANGELES, CA 90017-1466
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2006
—
Angeles Unified Sch Distri Los
Gaona,cesar V
Grant Deed
—
May 25, 1994
$5,000
Cesar V Gaona
Mascorro,jesus
Grant Deed
—
Jan 20, 1994
$1,000
Jesus Mascorro
Gaona,cesar V
Grant Deed
related
—
Oct 16, 1991
$111,500
Cesar V Gaona
Solomon,princess
Grant Deed
related
—
Nov 17, 1989
—
Princess Solomon
—
Deed Of Trust
related
—
Nov 14, 1989
—
Princess Solomon
—
Deed Of Trust
related
—
May 5, 1989
—
Princess Solomon
Ervin Arie A
Quit Claim Deed
related
—
—
—
Princess Solomon
—
Deed Of Trust
related
$58,000 · Home Budget Loans
—
—
Cesar V Gaona
—
Deed Of Trust
related
$5,400 · Individual
—
—
Cesar V Gaona
—
Deed Of Trust
related
$150,000 · Highland Federal Bank
—
—
Princess Solomon
—
Deed Of Trust
related
$12,350 · Home Budget Loans
—
—
Princess Solomon
—
Deed Of Trust
related
$25,000 · Home Budget Loans
—
—
Princess Solomon
—
Deed Of Trust
related
$168,000 · Individual
—
—
Princess Solomon
—
Deed Of Trust
related
$46,000 · Home Budget Loans
—
—
Princess Solomon
—
Deed Of Trust
related
$12,350 · Home Budget Loans
—
—
Princess Solomon
—
Deed Of Trust
related
$12,350 · Home Budget Loans
—
—
Princess Solomon
—
Deed Of Trust
related
$12,350 · Home Budget Loans
—
—
Princess Solomon
—
Deed Of Trust
related
$39,900 · 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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