You are browsing as a guest. Register to access key data for free.
Property profile

1623 Butler Ave Los Angeles, CA 90025

OFF-MARKET
Apartment buildings
Property ID
US09-6335454
View Sample
12,759 SF 0.16 ac lot Built 2001
Entity Owned Absentee Owner ~ Est. High Equity

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2001
Construction WOOD
Total area 12,759 SF
Lot 0.16 ac (6,992 SF)
Zoning code LAR3
APN 4261-012-006
UPID US09-6335454

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate 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
$5.62M
Blend (final) Blend
$5.01M

Owner & transaction history

since 2026
Last sale
$4.7M
7 recorded transactions
2026
$4.7M
2022
Price N/A
2018
Price N/A
2015
$3.8M
2009
Price N/A
2006
Price N/A
2004
Price N/A

Zoning & alternative use

LAR3 · Los Angeles, CA
Top alternative use upside
Auto repair, garage $6.9M +63.3%
Office building $6.4M +50.8%
Medical building $5.8M +36.9%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1623 Butler Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message