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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Assisted living facilities
1405 Wellesley Ave Los Angeles, CA 90025
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7058956
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1970
Construction
WOOD
Total area
32,594 SF
Lot
0.54 ac (23,532 SF)
Zoning code
LAC2
APN
4267-032-015
UPID
US09-7058956
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.54M
Owner & transaction history
1449 Wellesley Ave LLC · 9 yrs held
1449 Wellesley Ave LLC
since 2017
7 recorded transactions
Zoning & alternative use
LAC2 · 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
$47 / 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
$249,918
Tax year 2024
Assessed value
$20,537,817
Assessed 2024
Previous assessed
$20,537,817
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$17,067,439
Assessed improvement
$3,470,378
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
NONE
Stories
1
Total area
32,594 SF
Lot
0.54 ac (23,532 SF)
Zoning code
LAC2
APN
4267-032-015
UPID
US09-7058956
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning LAC2 · permitted uses
LAC2 · 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
1970
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
1449 Wellesley Ave LLC
Entity
Mailing address
11828 LA GRANGE AVE, LOS ANGELES, CA 90025-5212
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2021
—
1449 Wellesley Ave LLC
—
Deed
related
$22,000,000 · First Republic Bank
Sep 11, 2017
—
1449 Wellesley Ave LLC
—
Trustees Deed
related
$18,000,000 · Midfirst Bk
Jun 9, 2017
—
1449 Wellesley Ave LLC
—
Loan Modification
related
$9,570,788 · Plus Partners LLC
Mar 23, 2017
$18,050,000
1449 Wellesley Ave LLC
Roth A R & L K 1994 Trust
Grant Deed
$8,000,000 · Private Individual
Feb 15, 2017
—
Malachi Prince
Prince Leslie & M 1981 Trust
Quit Claim Deed
related
—
Sep 3, 2013
—
Sojourn-prince,victoria Trust
Prince,victoria
Quit Claim Deed
related
—
Apr 21, 2010
—
Malachi Prince
Prince L & M 1981 Trust A
Quit Claim Deed
related
—
Aug 28, 2008
—
Andrew Roth
Roth,e & E P 1981 Trust
Quit Claim Deed
related
—
Aug 21, 2008
—
Roth Ernest & Eva P 1981 Trust
Roth,ernest
Affidavit Of Death
related
—
Nov 22, 1994
—
Roth,andrew Tr Et Al
—
Deed Of Trust
related
—
—
—
Roth,a R & L K 1994 Trust
—
Deed Of Trust
related
$3,300,000 · American West Bank
—
—
Andrew R Roth
—
Deed Of Trust
related
$3,000,000 · Inland Community Bank
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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