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Property profile & analytics
OFF-MARKET
Estimated value
$4,965,000
Hotels
3191 7th St Los Angeles, CA 90005-1684
Entity Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6532728
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1925
Construction
TILT-UP CONCRETE
Total area
53,656 SF
Lot
0.27 ac (11,938 SF)
Zoning code
LAR5P
APN
5094-007-010
UPID
US09-6532728
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
-
Chancellor Hotel Apartment Complex Apartment Building
-
Telecell Mobile Phone Store Electronics & Wireless Store
-
레플리카 미국배송가능 (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.97M
Owner & transaction history
Partners LP · 24 yrs held
Partners LP
since 2001
7 recorded transactions
Zoning & alternative use
LAR5P · 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
$93 / 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
$6,546
Tax year 2024
Assessed value
$4,100,337
Assessed 2024
Previous assessed
$4,100,337
+0.0% YoY
Effective rate
0.16%
On assessed value
Assessed land
$955,894
Assessed improvement
$3,144,443
Applied tax rate
6.0000
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
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
5
Units
101
Total area
53,656 SF
Lot
0.27 ac (11,938 SF)
Zoning code
LAR5P
APN
5094-007-010
UPID
US09-6532728
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR5P · Los Angeles, CA
Zoning LAR5P · permitted uses
LAR5P · 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
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
5
Units
101
Lot
0.27 ac
Current owner
From public records · entity-resolved
Partners LP
Entity
Mailing address
3351 M ST STE #100, MERCED, CA 95348-2732
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
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
Nov 20, 2001
$2,800,000
Partners LP
Ratan Hospitality LLC
Grant Deed
$3,596,912 · Midland Capital Corp
Aug 23, 1999
$1,800,000
Ratan Hospitality LLC
Hlt LLC
Grant Deed
$1,200,000 · Hanmi Bank
Feb 10, 1998
—
Hlt,llc
L & B Real Estate,
Trustees Deed
related
—
Oct 29, 1993
—
B Real Estate L
Little,william
Grant Deed
related
—
Nov 9, 1992
$234,410
William Little
Mora,jett S
Trustees Deed
related
—
—
—
Partners LP
—
Deed Of Trust
related
$1,050,000 · Los Angeles City (ca)
—
—
Hotel Chancellor
—
Deed Of Trust
related
$250,000 · Golden Gate Bk
—
—
Hlt LLC
—
Deed Of Trust
related
$1,095,000 · L & B Real Estate
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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