Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Motels
1147 Florence Ave Los Angeles, CA 90001-2466
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8698195
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1929
Construction
WOOD
Total area
6,112 SF
Lot
0.27 ac (11,550 SF)
Zoning code
LCM1*
APN
6010-015-024
UPID
US09-8698195
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
-
EMHE Chimney & Cleaning Services Inc. General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$554k
Blend (final)
Blend
$790k
Owner & transaction history
Sola Impact Fund II LP · 6 yrs held
Sola Impact Fund II LP
since 2019
7 recorded transactions
Zoning & alternative use
LCM1* · 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
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$129 / 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
$35,294
Tax year 2024
Assessed value
$2,546,477
Assessed 2024
Previous assessed
$2,546,477
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$1,608,302
Assessed improvement
$938,175
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1929
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
18
Bathrooms
6
Total area
6,112 SF
Lot
0.27 ac (11,550 SF)
Zoning code
LCM1*
APN
6010-015-024
UPID
US09-8698195
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCM1* · Los Angeles, CA
Zoning LCM1* · permitted uses
LCM1* · 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
1929
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
18
Bathrooms
6
Lot
0.27 ac
Current owner
From public records · entity-resolved
Sola Impact Fund II LP
Entity
Mailing address
8629 S VERMONT AVE, LOS ANGELES, CA 90044-4868
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2019
$4,525,000
Sola Impact Fund II LP
Central Florence LLC
Grant Deed
$3,393,750 · First Republic Bank
Sep 14, 2018
—
Central Florence LLC
Central Florence LLC
Grant Deed
related
$2,681,000 · Opus Bank
May 12, 2017
—
Zec Family Living Trust 2006
Zec Properties LLC
Quit Claim Deed
related
—
May 12, 2017
$2,939,500
Central Florence LLC
Martha Zec
Grant Deed
$1,992,000 · Opus Bank
Oct 23, 2008
—
Zec Properties LLC
Stonawski,alexander
Quit Claim Deed
related
—
Aug 7, 2001
—
Zec Props
Zec,m
Quit Claim Deed
related
—
Apr 13, 1999
—
Martha Zec
—
Deed Of Trust
related
—
—
—
Zec Properties LLC
—
Deed Of Trust
related
$155,000 · Louis M Hahne
—
—
Martha Zec
—
Deed Of Trust
related
$120,000 · Adez
—
—
Zec Properties LLC
—
Deed Of Trust
related
$23,000 · Louis M Hanne
—
—
Martha Zec
—
Deed Of Trust
related
$40,000 · Individual
—
—
Zec Properties LLC
—
Deed Of Trust
related
$6,000 · Louis M Manne
—
—
Zec Properties LLC
—
Deed Of Trust
related
$550,000 · Louis M Hahne
—
—
Zec Properties LLC
—
Deed Of Trust
related
$194,600 · Wells Fargo Bank
—
—
James R Briscoe
—
Deed Of Trust
related
$120,000 · First Interstate Bank Californ
—
—
Martha Zec
—
Deed Of Trust
related
$160,000 · Individual
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1147 Florence Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
