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Property profile & analytics
OFF-MARKET
Apartment buildings
4035 Palmyra Rd Los Angeles, CA 90008-2443
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0468696
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1958
Construction
WOOD
Total area
10,156 SF
Lot
0.3 ac (13,000 SF)
Zoning code
LAR3
APN
5032-007-012
UPID
US10-0468696
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
Madison Real Estate Investments INC · 13 yrs held
Madison Real Estate Investments INC
since 2013
7 recorded transactions
Zoning & alternative use
LAR3 · 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
$23,782
Tax year 2024
Assessed value
$1,826,377
Assessed 2024
Previous assessed
$1,826,377
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,270,828
Assessed improvement
$555,549
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
1958
Construction
WOOD
Heating
NONE
Cooling
YES
Units
22
Bathrooms
22
Total area
10,156 SF
Lot
0.3 ac (13,000 SF)
Zoning code
LAR3
APN
5032-007-012
UPID
US10-0468696
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.
Building & site characteristics
From public records
Year built
1958
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
22
Bathrooms
22
Lot
0.3 ac
Current owner
From public records · entity-resolved
Madison Real Estate Investments INC
Entity
Mailing address
9361 W OLYMPIC BLVD, BEVERLY HILLS, CA 90212-4538
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2025
—
Farhad Farahmand
—
Deed
related
$9,310,000 · Robhana INC
Dec 14, 2022
—
Robert Neman
—
Deed
related
$1,500,000 · Aeme Investments LLC
Sep 14, 2021
—
Madison Real Estate Investments INC
—
Deed
related
$4,062,500 · First Republic Bank
Dec 29, 2020
—
Madison R & E Invs INC
—
Deed
related
$500,000 · Aeme Investments LLC Aeme Investments LLC
Jun 18, 2013
—
Madison Real Estate Investments INC
Madison Real Estate Investments INC
Grant Deed
related
$1,530,000 · Jpmorgan Chase Bank NA
Dec 9, 2011
—
Madison Real Estate Inv INC
Umbrian Properties LLC
Quit Claim Deed
related
—
Jan 3, 2011
$5,100
Umbrian Properties LLC
County Record Research INC
Trustees Deed
—
Mar 3, 2009
—
Jordan Of Beverly Hills LLC
4025-4035 Palmyra Trust
Grant Deed
related
$450,000 · Private Individual
Oct 25, 1999
$188,500
Mena,raul & Silvia
Ticas Trust
Trustees Deed
$84,685 · Seller
Mar 19, 1999
$160,000
Frank Ticas
Palmyra Property Partnership
Grant Deed
$67,500 · Seller
Aug 21, 1997
$480,000
Palmyra Property Partners LP
American Savings Bank
Grant Deed
$384,000 · American Savings Bank
—
—
Rual Mena
—
Deed Of Trust
related
$25,000 · Ticas Trust
—
—
Frank Ticas
—
Deed Of Trust
related
$12,500 · Palmyra Property Partners LP
—
—
Madison R & E Invs INC
—
Deed Of Trust
related
$500,000 · Aeme Investments LLC Aeme Investments LLC
—
—
Raul Mena
—
Deed Of Trust
related
$95,000 · Danco INC
—
—
Raul Mena
—
Deed Of Trust
related
$95,097 · Boston Hospitality
—
—
Raul Mena
—
Deed Of Trust
related
$417,900 · Southern Pacific Bank
—
—
H Eric Crumpton
—
Deed Of Trust
related
$70,000 · Prestige Property
—
—
Madison Real Estate Investment
—
Deed Of Trust
related
$250,000 · Aeme Investments LLC
—
—
Palmyra Property Partners
—
Deed Of Trust
related
$30,000 · Individual
—
—
Madison Group
—
Deed Of Trust
related
$350,000 · Aeme Investments LLC
—
—
Palmyra Property Partners LP
—
Deed Of Trust
related
$25,000 · Affirm Properties INC
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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