Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,475,000
Apartment buildings
3824 Keystone Ave Culver City, CA 90232-3301
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7954696
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Construction
WOOD
Total area
6,441 SF
Lot
0.15 ac (6,668 SF)
Zoning code
LAR3
APN
4208-008-010
UPID
US09-7954696
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
$3.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.23M
Blend (final)
Blend
$3.48M
Owner & transaction history
Siavosh Moshfegh Hamadani · 4 yrs held
Siavosh Moshfegh Hamadani
since 2022
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
LAR3 · Culver City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.3M
+118.0%
Industrial (general)
$4.1M
+70.2%
Auto repair, garage
$3.5M
+44.0%
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 Culver City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Culver City 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
$3,230,000
ML approach
$3,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,430,000
Current use
RESTAURANT
$5,300,000
Change: +118% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,140,000
Change: +70% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,500,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$3,235,000
Change: +33% · Conversion: Moderate
MEDICAL BUILDING
$2,935,000
Change: +21% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,730,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$2,645,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$3.48M
Range $3.13M – $3.82M · ±10% · vs last sale $3.90M (Feb 17 2022)
Last sale anchor
$3.90M
Feb 17 2022
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
$540 / 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
$49,811
Tax year 2024
Assessed value
$4,057,560
Assessed 2024
Previous assessed
$4,057,560
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$2,809,080
Assessed improvement
$1,248,480
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
1960
Construction
WOOD
Heating
NONE
Units
7
Bathrooms
12
Total area
6,441 SF
Lot
0.15 ac (6,668 SF)
Zoning code
LAR3
APN
4208-008-010
UPID
US09-7954696
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Culver City, CA
Zoning LAR3 · permitted uses
LAR3 · Culver City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Culver City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.4M
RESTAURANT
Est. value
$5.3M
INDUSTRIAL (GENERAL)
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
RETAIL STORES
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1960
Construction
WOOD
Heating
NONE
Units
7
Bathrooms
12
Lot
0.15 ac
Current owner
From public records · entity-resolved
Siavosh Moshfegh Hamadani
Individual
Mailing address
137 N BOWLING GRN WAY, LOS ANGELES, CA 90049-2813
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Feb 17, 2022
$3,900,000
Siavosh Moshfegh Hamadani
3824 Keystone LLC
Grant Deed
—
Feb 17, 2022
—
3824 Keystone LLC
3824 Keystone LLC
Intrafamily Transfer
related
—
May 22, 2020
—
3824 Keystone LLC
—
Deed
related
$1,640,000 · First Republic Bank
Feb 19, 2020
—
3824 Keystone LLC
3834 Keystone LLC
Quit Claim Deed
related
—
Dec 20, 2019
$2,000,000
3834 Keystone LLC
Alwag Ronald Trust
Grant Deed
—
Aug 15, 2002
—
Alwag,ronald Tr
Alwag,r
Quit Claim Deed
related
—
Jun 13, 2002
—
R Alwag
Alwag,a
Quit Claim Deed
related
—
Oct 26, 1994
—
Alwag,anacleto & Mary Trustees
Alwag,a A & M A
Quit Claim Deed
related
—
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 3824 Keystone Ave?
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.
