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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Apartment buildings
1417 Butler Ave Los Angeles, CA 90025-2995
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6523701
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2008
Construction
WOOD
Total area
23,536 SF
Lot
0.27 ac (11,883 SF)
Zoning code
LAR3
APN
4263-017-063
UPID
US09-6523701
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
-
Electric Vehicle Charging Station Electric Vehicle Charging Station
-
Butler Cabana Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.05M
Owner & transaction history
Butler Cabana LLC · 20 yrs held
Butler Cabana LLC
since 2006
7 recorded transactions
Zoning & alternative use
LAR3 · 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
$45 / 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
$122,961
Tax year 2024
Assessed value
$9,997,152
Assessed 2024
Previous assessed
$9,997,152
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,224,201
Assessed improvement
$6,772,951
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
NONE
Cooling
YES
Units
16
Bathrooms
5
Total area
23,536 SF
Lot
0.27 ac (11,883 SF)
Zoning code
LAR3
APN
4263-017-063
UPID
US09-6523701
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Los Angeles, CA
Zoning LAR3 · permitted uses
LAR3 · 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
2008
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
16
Bathrooms
5
Lot
0.27 ac
Current owner
From public records · entity-resolved
Butler Cabana LLC
Entity
Mailing address
11601 SANTA MONICA BLVD, LOS ANGELES, CA 90025-2907
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2022
—
Butler Cabana LLC
—
Deed
related
$9,150,000 · Homestreet Bank
May 31, 2019
—
Butler Cabana LLC
—
Deed
related
$7,600,000 · Cit Bank NA
Apr 6, 2006
—
Butler Cabana LLC
—
Trustees Deed
related
$7,545,000 · First Regional Bank
Jan 11, 2006
$1,466,000
Butler Cabana LLC
Khakshouri,dariush
Grant Deed
—
Dec 3, 2004
—
Dariush Khakshouri
Ellis,stephen & Judith F
Grant Deed
$1,684,000 · First Regional Bank
Aug 30, 2004
—
Stephen Ellis
Ellis,judith
Quit Claim Deed
related
—
Aug 27, 2004
—
Judith Ellis
Ellis,stephen
Quit Claim Deed
$709,125 · Lehman Brothers Bank Fsb
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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