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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Hotels
224 Boyd St Los Angeles, CA 90013-1406
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0481867
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1911
Construction
TILT-UP CONCRETE
Total area
10,780 SF
Lot
0.16 ac (7,061 SF)
Zoning code
LAC2
APN
5148-002-007
UPID
US10-0481867
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
-
Boyd Hotel Apartment Building Hotel
-
Beach Front Property Management @Los Angeles Apartments Apartment Building
-
LA HALAL TACO/Catering Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
Hope For An Affordable La LP · 1 yrs held
Hope For An Affordable La LP
since 2024
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
LAC2 · 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
Method
Estimation
Statistic approach
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Sep 24 2024)
Last sale anchor
$900k
Sep 24 2024
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
$83 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$818
Tax year 2023
Assessed value
$2,612,590
Assessed 2024
Previous assessed
$2,606,363
+0.2% YoY
Effective rate
0.03%
On assessed value
Assessed land
$665,706
Assessed improvement
$1,946,884
Applied tax rate
13.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1911
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
60
Total area
10,780 SF
Lot
0.16 ac (7,061 SF)
Zoning code
LAC2
APN
5148-002-007
UPID
US10-0481867
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.
Building & site characteristics
From public records
Year built
1911
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
60
Lot
0.16 ac
Current owner
From public records · entity-resolved
Hope For An Affordable La LP
Entity
Free & Clear · 1 yrs held
Mailing address
9744 E WILSHIRE BLVD STE #203, BEVERLY HILLS, CA 90212-1812
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Sep 24, 2024
$300,000
Hope For An Affordable La LP
Kevin Singer
Quit Claim Deed
related
—
Jan 25, 2024
—
Empire Brokerage & Real Estate Svcs
—
Deed
related
$10,428,730 · City Of Los Angeles
Jan 2, 2024
—
Empire Brokerage & Real Estate Svcs
—
Deed
related
$10,000 · City Of Los Angeles
Jul 3, 2023
—
Kevin Singer
—
Deed
related
$10,000,000 · City Of Los Angeles
Sep 22, 1995
—
Boyd Hotel LP
—
Grant Deed
related
$1,824,737 · Wells Fargo Bank
Jul 6, 1994
—
Boyd Hotel
Skid Row Housing
Grant Deed
related
—
Jan 21, 1993
$900,000
Skid Row Housing Trust
Mchugh Trust
Grant Deed
$1,150,000 · Community Redev Agency
—
—
Boyd Hotel LP
—
Deed Of Trust
related
$150,000 · Local Initiatives Support Corp
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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