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Property profile & analytics
OFF-MARKET
Apartment buildings
406 Ave 57 Los Angeles, CA 90042-3406
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7846992
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1925
Construction
WOOD
Total area
4,312 SF
Lot
0.23 ac (9,980 SF)
Zoning code
LARD2
APN
5469-036-021
UPID
US09-7846992
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
Orellana,reyna M Living Trust · 6 yrs held
Orellana,reyna M Living Trust
since 2019
7 recorded transactions
Zoning & alternative use
LARD2 · 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
$7,367
Tax year 2024
Assessed value
$522,046
Assessed 2024
Previous assessed
$522,046
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$209,080
Assessed improvement
$312,966
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
1925
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Units
5
Bathrooms
9
Total area
4,312 SF
Lot
0.23 ac (9,980 SF)
Zoning code
LARD2
APN
5469-036-021
UPID
US09-7846992
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARD2 · Los Angeles, CA
Zoning LARD2 · permitted uses
LARD2 · 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
1925
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
5
Bathrooms
9
Lot
0.23 ac
Current owner
From public records · entity-resolved
Orellana,reyna M Living Trust
Trust
Mailing address
1812 N AVE 55, LOS ANGELES, CA 90042-1111
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2025
—
Reyna M Orelliana Living Trust
—
Deed
related
$525,000 · Jpmorgan Chase Bank NA
Sep 6, 2019
—
Orellana,reyna M Living Trust
Orellana,reyna M
Quit Claim Deed
related
—
Apr 30, 2014
—
Alejandra M Garcia
Orellana J R & R M Trust
Quit Claim Deed
related
—
Mar 8, 2004
—
Orellana,tr
Orellana,jose R & Reyna M
Quit Claim Deed
related
—
Aug 29, 2003
$345,000
Jose R Orellana
Gonzalez,ramiro & Aida A
Grant Deed
related
$70,000 · Ramiro & Aida A Gonzalez
Oct 31, 2000
$196,000
Ramiro Gonzalez
Liai,eugene & Grace C
Grant Deed
$136,800 · Southern Pacific Bank
Oct 22, 1990
$245,000
Liau Eugene & Gr
Ryan Peter B
Trustees Deed
$180,000 · Fidelity Federal Bank
Oct 22, 1990
$117,500
Ryan Peter B & P
Butterbaugh Jane
Trustees Deed
related
—
—
—
Eugene Liau
—
Deed Of Trust
related
—
—
—
Orellana J R Living
—
Deed Of Trust
related
$350,000 · World Savings
—
—
Orellana Jose R & R M Trust
—
Deed Of Trust
related
$226,000 · World Savings
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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