Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$19,910,000
Hotels
3411 Olympic Blvd Los Angeles, CA 90019-2123
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7669049
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1987
Construction
STEEL FRAME
Total area
40,216 SF
Lot
0.59 ac (25,513 SF)
Zoning code
LAR3
APN
5081-032-021
UPID
US09-7669049
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
-
Hotel Koxie Hotel & Motel
-
Cacao Rental Car Car Rental Facility
-
Parking Company of the West, LLC Parking Lot & Garage
-
Hong yeon Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$25.86M
Blend (final)
Blend
$19.91M
Owner & transaction history
Esther Han
Esther Han
since 2025
Last sale
$22.0M
7 recorded transactions
Zoning & alternative use
LAR3 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$33.1M
+93.4%
Auto repair, garage
$21.9M
+27.8%
Office building
$20.2M
+18.0%
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
$20,250,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$17,100,000
Current use
RESTAURANT
$33,080,000
Change: +93% · Conversion: Difficult
AUTO REPAIR, GARAGE
$21,860,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$20,185,000
Change: +18% · Conversion: Difficult
MEDICAL BUILDING
$18,320,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$17,585,000
Change: +3% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$17,030,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$19.91M
Range $17.92M – $21.90M · ±10% · vs last sale $22.00M (Jan 18 2023)
Last sale anchor
$22.00M
Jan 18 2023
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
$495 / 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
$189,125
Tax year 2024
Assessed value
$15,383,379
Assessed 2024
Previous assessed
$15,383,379
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,845,842
Assessed improvement
$11,537,537
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
1987
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Units
57
Bathrooms
16
Total area
40,216 SF
Lot
0.59 ac (25,513 SF)
Zoning code
LAR3
APN
5081-032-021
UPID
US09-7669049
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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$17.1M
RESTAURANT
Est. value
$33.1M
AUTO REPAIR, GARAGE
Est. value
$21.9M
OFFICE BUILDING
Est. value
$20.2M
MEDICAL BUILDING
Est. value
$18.3M
RETAIL STORES
Est. value
$17.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.0M
HOTEL/MOTEL Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Units
57
Bathrooms
16
Lot
0.59 ac
Current owner
From public records · entity-resolved
Esther Han
Individual
Mailing address
911 S HAVANA ST STE F, AURORA, CO 80012-3034
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
32 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2026
—
Esther Han
—
Deed
related
$10,000,000 · Meadows Bank
Nov 19, 2025
—
Esther Han
Continuum Equity INC
Grant Deed
—
Jan 18, 2023
$22,000,000
Continuum Equity INC
Midtown Investments INC
Grant Deed
$11,000,000 · Midtown Investments INC
Aug 5, 2022
—
Midtown Investments INC
—
Deed
related
$7,000,000 · Lone Oak Fund LLC
Dec 31, 2013
$13,000,000
Midtown Investments INC
Choi Bo Sung INC
Grant Deed
$7,400,000 · Bbu Bank
Jan 13, 2005
—
Choi Bo Sung INC
—
Deed Of Trust
related
$1,300,000 · Pacific City Bank
Nov 13, 1997
—
Choi Bo Sung INC
—
Deed Of Trust
related
$2,500,000 · Hanmi Bank
Aug 20, 1997
—
Bk Seoul
Cola,
Grant Deed
related
—
Feb 25, 1992
—
Yong H Cho
—
Deed Of Trust
related
—
May 4, 1989
—
Cho
—
Deed Of Trust
related
—
Apr 28, 1989
—
Cho
—
Deed Of Trust
related
—
Apr 21, 1989
—
Cho
—
Deed Of Trust
related
—
Oct 12, 1988
—
Cho
—
Trustees Deed
related
—
Sep 30, 1988
—
Cho
—
Trustees Deed
related
—
Sep 27, 1988
—
Cho
—
Trustees Deed
related
—
Apr 29, 1988
—
Yong H Cho
—
Deed Of Trust
related
—
—
—
Choi Bo Sung INC
—
Deed Of Trust
related
$1,500,000 · Saehan Bank
—
—
Choi Bo Sung INC
—
Deed Of Trust
related
$2,250,000 · Seehan Bank
—
—
Choi Bo Sung INC
—
Deed Of Trust
related
$4,000,000 · Wilshire State Bank
—
—
Yong H Cho
—
Deed Of Trust
related
$9,500,000 · Bank Of Seoul
—
—
Young H Cho
—
Deed Of Trust
related
$100,000 · Individual
—
—
Yong H Cho
—
Deed Of Trust
related
$600,000 · Delta Savings Bank
—
—
Cho
—
Deed Of Trust
related
$315,000 · Kwon Yu&hwa S
—
—
Choi Bo Sung INC
—
Deed Of Trust
related
$2,000,000 · Pacific City Bank
—
—
Yong H Cho
—
Deed Of Trust
related
$300,000 · Seoul Bank California
—
—
Yong H Cho
—
Deed Of Trust
related
$2,550,000 · Seoul Bank California
—
—
Cho
—
Deed Of Trust
related
$42,600 · Bank Seoul La Ag
—
—
Cho
—
Deed Of Trust
related
$340,000 · Delta Savings Bank
—
—
Yong C Cho
—
Deed Of Trust
related
$500,000 · Seoul Bank California
—
—
Yong H Cho
—
Deed Of Trust
related
$106,000 · Individual
—
—
Cho
—
Deed Of Trust
related
$100,000 · Cho Ik H&jong K
—
—
Yong H Cho
—
Deed Of Trust
related
$50,000 · Pai Kihyung&yuno
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3411 Olympic Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
