Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3408 Keystone Ave Los Angeles, CA 90034-3138

    • High-rise multifamily apartments
    • 38,949 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimations
    $1,235,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7073802
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • SRK Properties / Property Management Company

    Property Details for 3408 Keystone Ave

    Year built
    2022
    Construction
    WOOD
    Lot size
    0.32 lot acres
    Property size
    38,949 SF
    Zone code
    LAR3
    Property type
    High-rise multifamily apartments
    APN
    4314-018-022
    APU
    4314018022

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.411
    Latitude
    34.0265
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $106,672
    $2,203,875
    $6,367,245
    $8,571,120
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,095,000
      24,345 SF

      3737 Motor Ave

      HIGH-RISE APARTMENTS • 24,345 SF
      3737 Motor Ave, Los Angeles, CA 90034-3062
      View Details
    • Value Estimation
      $2,715,000
      78,135 SF

      3644 Overland Ave

      HIGH-RISE APARTMENTS • 78,135 SF
      3644 Overland Ave, Los Angeles, CA 90034-3400
      View Details
    • Value Estimation
      $850,000
      18,547 SF

      3308 Mentone Ave

      HIGH-RISE APARTMENTS • 18,547 SF
      3308 Mentone Ave, Los Angeles, CA 90034-7218
      View Details
    • Value Estimation by Request
      13,858 SF

      3249 Overland Ave

      HIGH-RISE APARTMENTS • 13,858 SF
      3249 Overland Ave, Los Angeles, CA 90034-3574
      View Details
    • Value Estimation
      $590,000
      16,512 SF

      3751 Jasmine Ave

      HIGH-RISE APARTMENTS • 16,512 SF
      3751 Jasmine Ave, Los Angeles, CA 90034-5911
      View Details
    • Value Estimation
      $4,415,000
      130,693 SF

      3762 Clarington Ave

      HIGH-RISE APARTMENTS • 130,693 SF
      3762 Clarington Ave, Los Angeles, CA 90034
      View Details

    Similar Nearby for Sale

    • $525,000

      Los Angeles Multifamily Property

      Multifamily property for sale in Los Angeles.
      11120 Queensland H57, Los Angeles, CA 90034
      View Details
    • $6,295,000
      Pending

      Newer Multifamily in Palms Neighborhood

      Ten-unit multifamily property built in 2019 in West Los Angeles.
      3667 Mentone Ave, Los Angeles, CA 90034
      View Details
    • $1,740,000
      4,378 SF

      West LA Multifamily Investment

      Five-unit multifamily property in prime West Los Angeles location.
      3523 S Sepulveda Blvd, Los Angeles, CA 90034
      View Details
    • $2,595,000

      Los Angeles Multifamily Investment Opportunity

      Multifamily property with upgrades and income potential in prime location.
      3337 Durango Ave, Los Angeles, CA 90034
      View Details
    • $2,995,000

      Rose Avenue Multifamily Investment Opportunity

      Palms apartment building with significant rental upside potential.
      10961 Rose Ave, Los Angeles, CA 90034
      View Details
    • $2,800,000

      West LA Investment Opportunity

      Eight-unit apartment building in a prime West LA location.
      3125 S Durango Ave, Los Angeles, CA 90034
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      7,269 SF

      Office Space with Flexible Layout

      Office space featuring communal workspace, storage, and convenient access.
      2730 S La Cienega Blvd, Los Angeles, CA 90034
      View Details
    • Contact for pricing
      4,000 SF

      Venice Blvd Creative Office Space

      4,000 SF Creative Office for Lease
      8520 Venice Blvd, Los Angeles, CA 90034
      View Details
    • $2 SF/Yr
      5,940 SF

      Free Standing Warehouse with Yard

      5,940 SF warehouse with fenced yard and office mezzanine.
      8945 Ellis Ave, Los Angeles, CA 90034
      View Details
    • $2 SF/Yr
      5,427 SF

      La Cienega Boulevard Flex Space

      Creative office, flex, showroom, or gallery space for lease.
      2683- La Cienega Blvd, Los Angeles, CA 90034
      View Details
    • $3 SF/Yr
      14,983 SF

      Creative Office Space Available

      Furnished creative office space for sublease through 2026.
      3415 S Sepulveda Blvd, Los Angeles, CA 90034
      View Details
    • $3 SF/Yr
      535 SF

      Venice Blvd Office Space

      Office unit available for rent on Venice Blvd, Los Angeles.
      8727 Venice Blvd, Los Angeles, CA 90034
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3408 Keystone Ave
    Los Angeles, CA 90034-3138
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.