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Property profile & analytics
OFF-MARKET
Apartment buildings
2551 8th Ave Los Angeles, CA 90018-1771
Trust Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7223651
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1955
Construction
WOOD
Total area
11,218 SF
Lot
0.3 ac (12,994 SF)
Zoning code
LAR3
APN
5059-015-004
UPID
US09-7223651
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
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
The John Humphries Trust · 1 yrs held
The John Humphries Trust
since 2025
7 recorded transactions
Zoning & alternative use
LAR3 · 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
—
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
$24,461
Tax year 2024
Assessed value
$1,875,690
Assessed 2024
Previous assessed
$1,875,690
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,071,824
Assessed improvement
$803,866
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
1955
Construction
WOOD
Heating
NONE
Cooling
YES
Units
14
Bathrooms
14
Total area
11,218 SF
Lot
0.3 ac (12,994 SF)
Zoning code
LAR3
APN
5059-015-004
UPID
US09-7223651
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Los Angeles, CA
Zoning LAR3 · permitted uses
LAR3 · 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
1955
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
14
Bathrooms
14
Lot
0.3 ac
Current owner
From public records · entity-resolved
The John Humphries Trust
Trust
Mailing address
1171 S ROBERTSON BLVD #271, LOS ANGELES, CA 90035-1403
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2025
—
The John Humphries Trust
The John Humphries Trust
Deed
related
$1,200,000 · Pcb Bank
Sep 13, 2024
—
John Humphries
—
Deed
related
$575,000 · Abraham I And Madelyn Share Family Trust
Apr 14, 2023
—
John Humphries
—
Deed
related
$500,000 · The Family Trust
Dec 16, 2009
—
Humphries John Trust
Humphries,john
Quit Claim Deed
related
—
Oct 13, 2006
—
John Humphries
Aapm 8th Ave LLC
Grant Deed
—
Apr 7, 2006
—
John Humphries
Aapm 8th Ave LLC
Grant Deed
—
Jul 1, 2005
$1,400,000
Aapm 8th Ave LLC
Oak Creek Realty Fund LLC
Grant Deed
$675,000 · Washington Mutual Bank Fa
Feb 11, 2004
$750,000
Oak Creek Realty Fund LLC
Huss,ronald & Karen
Grant Deed
related
$510,000 · Jackson Federal Bank
Mar 6, 1990
$630,000
Servs
Breskin Chester
Trustees Deed
$446,000 · First Federal Savings & Loan
—
—
Ronald E Huss
—
Deed Of Trust
related
$26,500 · Us Small Business Admn
—
—
Ronald E Huss
—
Deed Of Trust
related
$192,000 · Us Small Business Admn
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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