New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Apartment buildings
3806 Pacific Ave, Marina Del Rey, CA 90292-5966
Entity Owned
23-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0498371
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
9,368 SF
Lot
0.21 ac (9,232 SF)
Zoning code
LAR3
APN
4225-008-017
UPID
US10-0498371
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
$1.40M
Owner & transaction history
8675 Chalmers LLC · 23 yrs held
8675 Chalmers LLC
since 2003
6 recorded transactions
Zoning & alternative use
LAR3 · Marina Del Rey, 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 Marina Del Rey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marina Del Rey 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
$149 / 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
$25,682
Tax year 2024
Assessed value
$2,011,917
Assessed 2024
Previous assessed
$2,011,917
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,213,539
Assessed improvement
$798,378
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
1962
Construction
WOOD
Heating
NONE
Cooling
YES
Units
13
Bathrooms
13
Total area
9,368 SF
Lot
0.21 ac (9,232 SF)
Zoning code
LAR3
APN
4225-008-017
UPID
US10-0498371
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Marina Del Rey, CA
Zoning LAR3 · permitted uses
LAR3 · Marina Del Rey, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marina Del Rey. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
13
Bathrooms
13
Lot
0.21 ac
Current owner
From public records · entity-resolved
8675 Chalmers LLC
Entity
Free & Clear · 23 yrs held
Mailing address
707 ALMA REAL DR, PACIFIC PALISADES, CA 90272-3702
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2003
—
8675 Chalmers LLC
Victor,mark & Janice
Grant Deed
related
—
Nov 14, 2002
—
Chalmers
Victo
Grant Deed
related
—
Jan 22, 1997
$1,260,000
Mark Victor
Graner,wallace H & Kay M
Grant Deed
$862,000 · Home Savings Of America
Oct 23, 1996
—
Wallace H Graner
Graner,k M
Quit Claim Deed
related
—
Jul 12, 1989
—
King Living Tr
King
Quit Claim Deed
related
—
Jan 7, 1988
$555,000
Stanley F King
Corpa
Trustees Deed
$420,000 · First Public Savings 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.
Try Rey
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