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Property profile & analytics
OFF-MARKET
Estimated value
$4,665,000
Hotels
121 5th St Los Angeles, CA 90013-1415
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0466842
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1905
Construction
TILT-UP CONCRETE
Total area
60,979 SF
Lot
0.21 ac (8,996 SF)
Zoning code
LAC4
APN
5148-009-008
UPID
US10-0466842
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
-
Forbidden Fruit Nightclub Bar & Pub
-
GUNSZ&BUTTA Music Venue
-
Roslym Hotel Hotel & Motel
-
SkyHigh Productions Courier Service Postal Service
-
PIDA Interior Design Solutions Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.67M
Owner & transaction history
121 The King Edward LLC · 1 yrs held
121 The King Edward LLC
since 2025
7 recorded transactions
Zoning & alternative use
LAC4 · 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
$77 / 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
$78,194
Tax year 2024
Assessed value
$17,011,661
Assessed 2024
Previous assessed
$17,011,661
+0.0% YoY
Effective rate
0.46%
On assessed value
Assessed land
$6,804,664
Assessed improvement
$10,206,997
Applied tax rate
13.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1905
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
60,979 SF
Lot
0.21 ac (8,996 SF)
Zoning code
LAC4
APN
5148-009-008
UPID
US10-0466842
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Los Angeles, CA
Zoning LAC4 · permitted uses
LAC4 · 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
1905
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
121 The King Edward LLC
Entity
Mailing address
6255 W SUNSET BLVD FL #21, LOS ANGELES, CA 90028-7422
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Mar 21, 2025
—
121 The King Edward LLC
Housing4humanity
Quitclaim Deed
related
—
Dec 30, 2024
$23,100,000
Housing4humanity
Aids Healthcare Foundation
Quitclaim Deed
related
$200,000,000 · Aids Healthcare Foundation
Dec 30, 2024
—
Housing4humanity
—
Deed
related
$200,000,000 · Aids Healthcare Foundation
Apr 25, 2018
$15,250,000
Aids Healthcare Foundation
New Commune Dtla LLC
Grant Deed
—
Oct 18, 2017
—
New Commune Dtla LLC
New Commune LLC
Quit Claim Deed
—
May 9, 2017
—
New Commune LLC
—
Deed
related
$7,000,000 · Lone Oak Fund
Dec 30, 2016
$3,865,000
New Commune LLC
Capital Foresight LP
Trustees Deed
$7,000,000
Dec 31, 2015
—
Capital Foresight LP
Aof Bristol 423 LLC
Deed In Lieu Of Foreclosure
related
—
Mar 1, 2012
$3,450,000
Aof Bristol 423 LLC
Yacoobian Ents LP
Grant Deed
$9,900,000 · Offs Fund I LLC
Aug 5, 2010
—
Yacoobian Ents
Yacoobian Ents
Quit Claim Deed
related
—
Mar 18, 2008
—
Yacoobian Ents
—
Deed Of Trust
related
$9,600,000 · Security Pacific Bank
Jun 27, 2003
—
Ycoobian Enterprises
—
Deed Of Trust
related
$1,000,000 · Imperial Capital Bank
Sep 1, 2000
—
Invs My
Yacoobian Enterprises,
Grant Deed
related
—
Apr 3, 1996
—
Martin C Yacoobian
Yacoobian,m C & B A Trustees
Quit Claim Deed
related
—
Mar 12, 1990
—
T Yacoobian
Yaco
Quit Claim Deed
related
—
—
—
Yacoobian Ents
—
Deed Of Trust
related
$450,000 · Security Pacific Credit Corp
—
—
Yacoobian Ents
—
Deed Of Trust
related
$5,500,000 · Security Pacific Bank
—
—
New Commune LLC
—
Deed Of Trust
related
$7,000,000 · Lone Oak Fund
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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