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Property profile & analytics
OFF-MARKET
Apartment buildings
209 Reeves Dr Beverly Hills, CA 90212-4052
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-8562623
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1940
Construction
WOOD
Total area
5,504 SF
Lot
0.14 ac (6,071 SF)
Zoning code
BHR4YY
APN
4331-003-003
UPID
US09-8562623
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
-
Jajan Omah Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Haomin Development LLC
Haomin Development LLC
since 2025
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
BHR4YY · Beverly Hills, 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 Beverly Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beverly Hills 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
—
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
$4,191
Tax year 2024
Assessed value
$273,363
Assessed 2024
Previous assessed
$273,363
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$164,143
Assessed improvement
$109,220
Applied tax rate
2.0000
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
1940
Construction
WOOD
Heating
NONE
Cooling
YES
Units
11
Bathrooms
11
Total area
5,504 SF
Lot
0.14 ac (6,071 SF)
Zoning code
BHR4YY
APN
4331-003-003
UPID
US09-8562623
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BHR4YY · Beverly Hills, CA
Zoning BHR4YY · permitted uses
BHR4YY · Beverly Hills, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beverly Hills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
11
Bathrooms
11
Lot
0.14 ac
Current owner
From public records · entity-resolved
Haomin Development LLC
Entity
Mailing address
541 N LARCHMONT BLVD, LOS ANGELES, CA 90004-1305
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Dec 29, 2025
$3,700,000
Haomin Development LLC
209 S Reeves LLC
Grant Deed
—
Aug 12, 2021
—
209 S Reeves LLC
—
Deed
related
$1,500,000 · Jpmorgan Chase Bank NA
Nov 7, 2017
—
209 S Reeves LLC
Scace,john S
Quit Claim Deed
—
Jul 15, 2015
—
John S Scace
Scace Family Trust
Quit Claim Deed
related
—
Oct 2, 2007
—
Scace Family Survivors Trust
Scace Family Trust
Quit Claim Deed
related
—
Sep 12, 2007
—
Scace Family Trust
Scace,jack E
Affidavit Of Death
related
—
Mar 1, 1990
—
Scace Fmly Tr
Scace Jack E&mae
Quit Claim Deed
related
—
—
—
Scace Family Trust
—
Deed Of Trust
related
$100,000 · Bob & Barbara Inglis
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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