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Property profile & analytics
OFF-MARKET
Estimated value
$3,640,000
Apartment buildings
11712 216th St Lakewood, CA 90715-2620
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7016615
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1991
Construction
WOOD
Total area
11,272 SF
Lot
0.41 ac (17,674 SF)
Zoning code
LKMFR*
APN
7065-024-003
UPID
US09-7016615
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
$3.68M
CAP Approach
CAP
$2.79M
Comparable Approach
Comparable
$4.36M
Blend (final)
Blend
$3.64M
Owner & transaction history
Tuyet LLC · 4 yrs held
Tuyet LLC
since 2022
Last sale
$4.4M
6 recorded transactions
Zoning & alternative use
LKMFR* · Lakewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.2M
+47.5%
Medical building
$5.1M
+44.9%
Office building
$5.1M
+43.0%
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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$3,640,000
ML approach
$3,675,000
CAP Approach
CAP Return
Estimation
6%
$3,025,000
6.5%
$2,790,000
7%
$2,590,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,535,000
Current use
AUTO REPAIR, GARAGE
$5,215,000
Change: +47% · Conversion: Difficult
MEDICAL BUILDING
$5,125,000
Change: +45% · Conversion: Moderate
OFFICE BUILDING
$5,055,000
Change: +43% · Conversion: Moderate
RETAIL STORES
$4,320,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,485,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$3.64M
Range $3.28M – $4.00M · ±10% · vs last sale $4.40M (May 27 2022)
Last sale anchor
$4.40M
May 27 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
$323 / 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
$55,627
Tax year 2024
Assessed value
$4,577,760
Assessed 2024
Previous assessed
$4,577,760
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,601,000
Assessed improvement
$1,976,760
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1991
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Buildings
2
Units
10
Bathrooms
24
Total area
11,272 SF
Lot
0.41 ac (17,674 SF)
Zoning code
LKMFR*
APN
7065-024-003
UPID
US09-7016615
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LKMFR* · Lakewood, CAZoning LKMFR* · permitted uses
LKMFR* · Lakewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$5.1M
OFFICE BUILDING
Est. value
$5.1M
RETAIL STORES
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$3.5M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1991
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
10
Bathrooms
24
Lot
0.41 ac
Current owner
From public records · entity-resolved
Tuyet LLC
Entity
Mailing address
8111 FIRESTONE BLVD UNIT #486, DOWNEY, CA 90241-5736
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2022
$4,400,000
Tuyet LLC
Uniscien Development Limited Partne
Grant Deed
$2,600,000 · Homestreet Bank
Mar 8, 2019
—
Uniscien Development Limited Partne
—
Deed
related
$2,100,000 · Jpmorgan Chase Bank NA
Sep 3, 1991
—
Uniscien Dev Ltd
—
Grant Deed
related
$500,000 · International Bank
Sep 5, 1990
$375,000
Uniscien Dev
Runnebaum Lillie
Grant Deed
—
—
—
Uniscien Dev LP
—
Deed Of Trust
related
$1,000,000 · Jp Morgan Chase Bk
Feb 26, 1958
—
—
—
Grant 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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