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Property profile & analytics
OFF-MARKET
Estimated value
$3,495,000
Assisted living facilities
2051 Highland Ave Los Angeles, CA 90068-1373
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US09-6779674
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2001
Construction
TILT-UP CONCRETE
Total area
96,800 SF
Lot
1.05 ac (45,832 SF)
Zoning code
LAR4
APN
5549-029-011
UPID
US09-6779674
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
-
Belmont Village Senior Living Hollywood Hills Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.50M
Owner & transaction history
Village Hollywood Belmont · 20 yrs held
Village Hollywood Belmont
since 2005
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
$36 / 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
$371,635
Tax year 2024
Assessed value
$30,182,076
Assessed 2024
Previous assessed
$30,182,076
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$10,865,545
Assessed improvement
$19,316,531
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
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
118
Total area
96,800 SF
Lot
1.05 ac (45,832 SF)
Zoning code
LAR4
APN
5549-029-011
UPID
US09-6779674
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
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
118
Lot
1.05 ac
Current owner
From public records · entity-resolved
Village Hollywood Belmont
Individual
Mailing address
PO BOX 4900, SCOTTSDALE, AZ 85261-4900
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2023
—
Belmont Village Hollywood LLC
—
Deed
related
$274,064,833 · Well Bvl3 Lender LLC
Dec 6, 2012
—
Belmont Village Hollywood LP
—
Deed Of Trust
related
$318,000,000 · Health Care Reit INC
Dec 2, 2005
—
Village Hollywood Belmont
Belmont Village Hollywood Heig
Quit Claim Deed
—
Mar 20, 2000
—
Belmont Village Hollywood Hgts
—
Grant Deed
related
$12,071,000 · Guaranty Federal Bank Fsb
Dec 28, 1999
$1,300,000
Belmont Village Hollywood Hts
Jmb Realty Corp
Grant Deed
—
Dec 29, 1989
$31,200
Jmb Realty
Harlon Westjmb D
Grant Deed
related
—
May 3, 1988
$2,625,000
Westjmb D Harlon
Chen
Grant Deed
—
—
—
Village Hollywood Belmont
—
Deed Of Trust
related
$9,276,000 · Cbre Melody & Co
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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