Individually Owned Property summary
AI-generated overview
The property at 11911 Weddington Street is located in Valley Village and was constructed in 1963. It is a multifamily building containing 31 residential units within 36,121 square feet on a 0.584-acre lot. The unit mix includes one- and two-bedroom layouts ranging from approximately 700 to 1,350 square feet. In-unit features include hardwood flooring, air conditioning, ceiling fans, and private outdoor space in the form of patios or balconies; many units are described as having newer appliances. Building and community amenities include a pool, elevator access, and on-site laundry facilities. The property is configured for residential use and supports potential interior and amenity upgrades as a value-add strategy.
Property profile
Verified
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
36,121 SF
Lot
0.59 ac (25,485 SF)
Zoning code
LAR3
APN
2348-012-027
UPID
US09-8165522
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Apartment Complex
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.96M
Owner & transaction history
since 2026
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
LAR3 · Valley Village, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 15 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.96M
Value range
$5.36M – $6.56M
±10% around blend
Estimated value / SF
$165 / SF
Confidence
High
15 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$5.36M
blend $5.96M
$6.56M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
36,121 SF
Lot area
0.59 ac
Year built
1963
APN
2348-012-027
Zoning
LAR3
Assessed value
$7,907,910
Annual tax
$99,378
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$9.86M
Weighted, 15 comps · high confidence
Evidence
15 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.8 mi away · 26,883 SF
5.4 mi away · 25,959 SF
5.6 mi away · 44,776 SF
5.6 mi away · 30,997 SF
5.6 mi away · 27,165 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.96M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 92 sales
$255
-35%
Submarket 579 sales
$244
-32%
County 11934 sales
$264
-37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $165/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 15 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.97M
Move the market yield to see immediate price impact.
Value / SF
$193
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$439k
$8.79M
$6.28M
$4.88M
$488k
$9.77M
$6.97M
$5.43M
$537k
$10.74M
$7.67M
$5.97M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
15 found
High confidence · county-verified
Closest comparable
$13.15M
1.5 mi · Oct 2025 · $354/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$99,378
Tax year 2024
Assessed value
$7,907,910
Assessed 2024
Previous assessed
$7,907,910
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$3,413,487
Assessed improvement
$4,494,423
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
31
Bathrooms
45
Total area
36,121 SF
Lot
0.59 ac (25,485 SF)
Zoning code
LAR3
APN
2348-012-027
UPID
US09-8165522
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Valley Village, CAZoning LAR3 · permitted uses
LAR3 · Valley Village, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
31
Bathrooms
45
Lot
0.59 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LAR3
Jurisdiction
Valley Village, CA
Recorded code
LAR3
Ownership Intelligence
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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