Technical
Financial
Distress signals
Property profile

1246 Hope St Los Angeles, CA 90015

OFF-MARKET
Hotels
Property ID
US09-6487254
49,668 SF 0.32 ac lot Built 1914
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1914
Construction TILT-UP CONCRETE
Total area 49,668 SF
Lot 0.32 ac (14,120 SF)
Zoning code LAR5
APN 5139-022-006
UPID US09-6487254

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
  • Hotel & Motel

Location

1246 Hope St Los Angeles, CA 90015-2121
Los Angeles metro Census 207902 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.64M
CAP Approach CAP
$9.80M
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.33M

Owner & transaction history

since 2023
Last sale
$11.9M
7 recorded transactions
2023
$11.9M
2021
Price N/A
2021
Price N/A
2019
Price N/A
2018
$18.0M
2006
Price N/A
2005
Price N/A

Zoning & alternative use

LAR5 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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