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Property profile & analytics
FOR SALE
Investment properties
4129 Chevy Chase Dr Los Angeles, CA 90039
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7126637
For Sale
1 / 16
$1,885,000
4129 Chevy Chase Dr, Los Angeles, CA 90039
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1923
Construction
WOOD
Total area
1,296 SF
Lot
0.16 ac (7,000 SF)
Zoning code
LAR1
APN
5593-025-011
UPID
US09-7126637
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
-
Applied Earth Sciences Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$840k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$652k
Blend (final)
Blend
$675k
Owner & transaction history
Mg Tropico LLC
Mg Tropico LLC
since 2025
7 recorded transactions
Zoning & alternative use
LAR1 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$705,000
+81.5%
Office building
$650,000
+67.5%
Medical building
$590,000
+52.1%
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
$810,000
ML approach
$840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$705,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$650,000
Change: +68% · Conversion: Easy
MEDICAL BUILDING
$590,000
Change: +52% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$550,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$530,000
Change: +37% · Conversion: Easy
Blend value · Realmo final
$675k
Range $608k – $743k · ±10%
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
$521 / 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
$12,259
Tax year 2024
Assessed value
$981,617
Assessed 2024
Previous assessed
$981,617
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$822,436
Assessed improvement
$159,181
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1923
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
1,296 SF
Lot
0.16 ac (7,000 SF)
Zoning code
LAR1
APN
5593-025-011
UPID
US09-7126637
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR1 · Los Angeles, CA
Zoning LAR1 · permitted uses
LAR1 · 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
AUTO REPAIR, GARAGE
Est. value
$705,000
OFFICE BUILDING
Est. value
$650,000
MEDICAL BUILDING
Est. value
$590,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$550,000
RETAIL STORES
Est. value
$530,000
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
1923
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Mg Tropico LLC
Entity
Mailing address
566 RIVERDALE DR, GLENDALE, CA 91204-1410
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2025
—
Mg Tropico LLC
Shant Minas
Grant Deed
—
Jun 16, 2021
$925,000
Shant C Minas
Fernando Gallegos
Grant Deed
$786,000 · East West Bank
Jun 16, 2021
—
Shant C Minas
Celine Mirzaian Minas
Intrafamily Transfer
related
—
Jun 4, 2020
—
Fernando Gallegos
—
Deed
related
$390,000 · Rome Living Trust (lt)
Mar 1, 2018
—
Fernando Gallegos
—
Deed
related
$260,000 · Velocity Com'l Cap
Jun 30, 2006
$550,000
Fernando Gallegos
Gallardo Maria J Trust
Grant Deed
$506,400 · Inland Community Bank
Feb 8, 2005
—
Gallardo,trust
Gallardo,maria J
Affidavit Of Death
—
Dec 10, 1970
—
—
—
Grant Deed
related
—
—
—
Fernando Gallegos
—
Deed Of Trust
related
$225,000 · Thomas B White
—
—
Fernando Gallegos
—
Deed Of Trust
related
$390,000 · Rome Living Trust (lt)
—
—
Fernando|vargas Rosa Gallegos
—
Deed Of Trust
related
$250,000 · Investment Bankers Network INC Investment Bankers Network INC
—
—
Fernando Gallegos
—
Deed Of Trust
related
$260,000 · Velocity Com'l Cap
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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