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Property profile & analytics
OFF-MARKET
Estimated value
$3,280,000
Hotels
2205 Venice Blvd Los Angeles, CA 90006-5107
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-7223468
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1959
Construction
WOOD
Total area
7,500 SF
Lot
0.17 ac (7,466 SF)
Zoning code
LAC2
APN
5074-012-023
UPID
US09-7223468
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
-
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Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.28M
Owner & transaction history
Gynh LLC · 5 yrs held
Gynh LLC
since 2021
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.1M
+27.8%
Office building
$3.8M
+18.0%
Medical building
$3.4M
+7.1%
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
Method
Estimation
Statistic approach
$3,030,000
ML approach
$3,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,190,000
Current use
AUTO REPAIR, GARAGE
$4,075,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$3,765,000
Change: +18% · Conversion: Difficult
MEDICAL BUILDING
$3,415,000
Change: +7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,175,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$3,080,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$3.28M
Range $2.95M – $3.61M · ±10% · vs last sale $3.50M (Jan 4 2021)
Last sale anchor
$3.50M
Jan 4 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$437 / 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
$35,504
Tax year 2024
Assessed value
$2,874,811
Assessed 2024
Previous assessed
$2,874,811
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$2,334,657
Assessed improvement
$540,154
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
1959
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
3
Total area
7,500 SF
Lot
0.17 ac (7,466 SF)
Zoning code
LAC2
APN
5074-012-023
UPID
US09-7223468
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning LAC2 · permitted uses
LAC2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
RETAIL STORES
Est. value
$3.1M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
Gynh LLC
Entity
Mailing address
2205 VENICE BLVD, LOS ANGELES, CA 90006-5107
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2021
$3,500,000
Gynh LLC
Jc 2020 Corporation
Grant Deed
$2,975,000 · Hanmi Bank
Sep 12, 2017
—
Jeannie Yoon
An,ben
Quit Claim Deed
—
Sep 12, 2017
$2,150,000
Jc 2020 Corp
Yoon,jeannie
Grant Deed
$1,290,000 · Jeannie Yoon
Sep 27, 2013
$1,350,000
Ben An
Bokjuoh LLC
Grant Deed
$984,150 · Cay LLC
Apr 1, 2009
—
Bokjuoh LLC
Song,kae S S
Grant Deed
—
Nov 9, 2007
$1,500,000
Kae S S Song
Am & H Properties LLC
Grant Deed
$945,000 · Hanmi Bank
Feb 22, 2006
$1,400,000
Am & H Properties LLC
Kang,lloyd M & Sylvia
Grant Deed
$980,000 · Innovative Bank
Feb 22, 2006
—
Lloyd M Kang
S & S Ptshp
Grant Deed
related
—
Sep 19, 2003
$1,300,000
S & S Partnership
Sheri Development Co
Grant Deed
$845,000 · Hanmi Bank
Mar 11, 2003
—
Sheri Development Co
Yoo,souk H & Heri L
Grant Deed
related
—
Apr 5, 2002
$770,000
Souk H Yoo
Ed-venice Investment Co LLC
Grant Deed
$500,000 · Wilshire State Bank
May 25, 2000
$820,000
Ed-venice Investment Co LLC
Blue Savannah Investment Co
Grant Deed
$507,000 · Wilshire State Bank
Mar 31, 1999
$764,000
Blue Savannah Investment Co
Tustin Thrift & Loan
Grant Deed
—
Jun 26, 1997
—
Tustin Thrift
—
Deed Of Trust
related
—
Jun 6, 1996
—
Tustin Thrift
—
Deed Of Trust
related
—
—
—
Ed-venice Investment Co LLC
—
Deed Of Trust
related
$48,000 · Western Realty & Investment
—
—
Ed-venice Investment Co LLC
—
Deed Of Trust
related
$100,000 · Blue Savannah Investment Co Ll
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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