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Property profile & analytics
OFF-MARKET
Estimated value
$6,170,000
Hotels
1921 Highland Ave Los Angeles, CA 90068-3236
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US10-0448630
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1938
Construction
WOOD
Total area
57,202 SF
Lot
0.42 ac (18,147 SF)
Zoning code
LAR4
APN
5549-018-001
UPID
US10-0448630
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
-
Holiday Inn Express & Suites Hollywood Walk of Fame, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.17M
Owner & transaction history
Highland Suites INC · 22 yrs held
Highland Suites INC
since 2003
7 recorded transactions
Zoning & alternative use
LAR4 · 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
$108 / 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
$78,178
Tax year 2024
Assessed value
$5,959,444
Assessed 2024
Previous assessed
$5,959,444
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,874,814
Assessed improvement
$4,084,630
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
1938
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
63
Bathrooms
44
Total area
57,202 SF
Lot
0.42 ac (18,147 SF)
Zoning code
LAR4
APN
5549-018-001
UPID
US10-0448630
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR4 · Los Angeles, CA
Zoning LAR4 · permitted uses
LAR4 · 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
1938
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
63
Bathrooms
44
Lot
0.42 ac
Current owner
From public records · entity-resolved
Highland Suites INC
Entity
Mailing address
1921 N HIGHLAND AVE, LOS ANGELES, CA 90068-3236
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2018
—
Highland Suites INC
—
Grant Deed
related
$4,000,000 · Citizens Busn Bk
Jun 29, 2006
—
Highland Suites INC
—
Trustees Deed
related
$4,000,000 · Far East National Bank
Oct 2, 2003
$200,000
Highland Suites INC
Papakosmas,dimitris
Grant Deed
related
—
Jul 12, 1995
$1,050,000
Dhiru H Vadodaria
Vaghashia,govind & Sonal
Grant Deed
$394,000 · Goleta National Bank
Apr 25, 1994
$1,238,909
Govind Vaghashia
Kalapura,joseph
Trustees Deed
—
Dec 28, 1989
$200,000
Kalapura Joseph
Hollywood Terrac
Grant Deed
related
$200,000 · Hollywood Terrac
—
—
Joseph Kalapura
—
Deed Of Trust
related
$950,000 · Imperial Thrift & Loan
—
—
Govind Vaghashia
—
Deed Of Trust
related
$330,000 · Imperial Thrift & Loan
—
—
Highland Suites INC
—
Deed Of Trust
related
$6,000,000 · Citizens Business Bank
—
—
Mehdi Daemi
—
Deed Of Trust
related
$60,000 · David Norouzi
—
—
Dimitris Papakosmas
—
Deed Of Trust
related
$255,500 · Lincoln Trust
—
—
Shaker Maimandi
—
Deed Of Trust
related
$450,000 · Mohammad & Atia Z Hadi
—
—
Joseph Kalapura
—
Deed Of Trust
related
—
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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