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Property profile & analytics
OFF-MARKET
Apartment buildings
333 Gramercy Pl Los Angeles, CA 90020-4556
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6343259
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1954
Construction
WOOD
Total area
7,576 SF
Lot
0.18 ac (8,042 SF)
Zoning code
LAR4
APN
5504-024-019
UPID
US09-6343259
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
Grand Merci LLC · 12 yrs held
Grand Merci LLC
since 2014
7 recorded transactions
Zoning & alternative use
LAR4 · 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
$33,551
Tax year 2024
Assessed value
$2,684,230
Assessed 2024
Previous assessed
$2,684,230
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,880,855
Assessed improvement
$803,375
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
1954
Construction
WOOD
Heating
NONE
Cooling
YES
Units
10
Bathrooms
10
Total area
7,576 SF
Lot
0.18 ac (8,042 SF)
Zoning code
LAR4
APN
5504-024-019
UPID
US09-6343259
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR4 · Los Angeles, CA
Zoning LAR4 · permitted uses
LAR4 · 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
1954
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
10
Bathrooms
10
Lot
0.18 ac
Current owner
From public records · entity-resolved
Grand Merci LLC
Entity
Mailing address
7610 BEVERLY BLVD UNIT #480496, LOS ANGELES, CA 90048-6497
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2022
—
Grand Merci LLC
—
Deed
related
$1,602,000 · Jpmorgan Chase Bank NA
Apr 18, 2018
—
Grand Merci LLC
—
Deed
related
$250,000 · Jpmorgan Chase Bank NA
Apr 30, 2014
$1,078,000
Grand Merci LLC
Oakland Group LLC
Grant Deed
—
Jan 8, 2009
—
Oakland Group LLC
Oakland Group LLC
Quit Claim Deed
—
Dec 23, 2008
—
Oakland Group LLC
Bae,john
Quit Claim Deed
related
—
Dec 2, 2008
—
John Bae
Oakland Group LLC
Grant Deed
—
Apr 4, 2007
—
Oakland Group LLC
Bae,john
Grant Deed
—
Apr 29, 2005
—
John Bae
Ho Lim Chong
Grant Deed
$990,000 · Washington Mutual Bank
May 3, 1988
$500,000
Chong H Lim
Jl
Grant Deed
$54,500 · Jl Invs 1004
—
—
John Bae
—
Deed Of Trust
related
$1,102,500 · Pff Bank & Trust
—
—
Oakland Group LLC
—
Deed Of Trust
related
$1,248,750 · Burbank Financial
—
—
John Bae
—
Deed Of Trust
related
$1,040,000 · Us Metro Bank
—
—
Chong H Lim
—
Deed Of Trust
related
$325,000 · Home Savings Of America
—
—
Chong H Lim
—
Deed Of Trust
related
$495,000 · Pacific Union Bank
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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