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Property profile & analytics
OFF-MARKET
Estimated value
$5,790,000
Apartment buildings
4159 Elenda St Culver City, CA 90232-3763
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6907154
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
12,780 SF
Lot
0.31 ac (13,413 SF)
Zoning code
CCR4YY
APN
4208-027-002
UPID
US09-6907154
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
$5.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.41M
Blend (final)
Blend
$5.79M
Owner & transaction history
Barrio Modelo LLC · 4 yrs held
Barrio Modelo LLC
since 2021
Last sale
$5.9M
7 recorded transactions
Zoning & alternative use
CCR4YY · Culver City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$8.2M
+70.2%
Auto repair, garage
$6.9M
+44.0%
Office building
$6.4M
+33.0%
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
$5,390,000
ML approach
$5,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,825,000
Current use
INDUSTRIAL (GENERAL)
$8,210,000
Change: +70% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,945,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$6,415,000
Change: +33% · Conversion: Moderate
MEDICAL BUILDING
$5,820,000
Change: +21% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$5,410,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$5,245,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$5.79M
Range $5.21M – $6.37M · ±10% · vs last sale $5.92M (Nov 30 2021)
Last sale anchor
$5.92M
Nov 30 2021
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
$453 / 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
$76,624
Tax year 2024
Assessed value
$6,157,566
Assessed 2024
Previous assessed
$6,157,566
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$4,307,256
Assessed improvement
$1,850,310
Applied tax rate
3.0000
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
1963
Construction
WOOD
Heating
NONE
Units
12
Bathrooms
24
Total area
12,780 SF
Lot
0.31 ac (13,413 SF)
Zoning code
CCR4YY
APN
4208-027-002
UPID
US09-6907154
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CCR4YY · Culver City, CA
Zoning CCR4YY · permitted uses
CCR4YY · 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
$4.8M
INDUSTRIAL (GENERAL)
Est. value
$8.2M
AUTO REPAIR, GARAGE
Est. value
$6.9M
OFFICE BUILDING
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$5.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.4M
RETAIL STORES
Est. value
$5.2M
APARTMENT HOUSE (5+ UNITS) Current
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
1963
Construction
WOOD
Heating
NONE
Units
12
Bathrooms
24
Lot
0.31 ac
Current owner
From public records · entity-resolved
Barrio Modelo LLC
Entity
Mailing address
244 S LUCERNE BLVD, LOS ANGELES, CA 90004-3727
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Nov 30, 2021
$5,915,000
Barrio Modelo LLC
4159 Elenda LLC
Grant Deed
$3,300,000 · Jpmorgan Chase Bank NA
Sep 3, 2020
$5,450,000
4159 Elenda LLC
Elenda LLC
Grant Deed
—
Jan 2, 2003
—
Elenda LLC
Marchevsky,tr
Grant Deed
related
—
Feb 22, 2002
$1,485,000
Marchevsky Trust
Mccombie Trust
Grant Deed
$1,113,750 · Washington Mutual Fsb
May 24, 2001
$1,300,000
Mccombie Trust
3901 Tilden Avenue LP
Grant Deed
$975,000 · Quaker City Bank
Jan 19, 2000
$1,050,000
3901 Tilden Avenue LP
Mccombie Trust
Grant Deed
$787,500 · First Federal Bank Ca
Sep 21, 1999
$183,000
Mccombie Trust
Wu,lien-soo & Hsin-chu
Trustees Deed
$690,750 · Venture West Funding INC
Sep 21, 1999
$732,000
Mccombie Trust
Cuo,tsu H & Trong V
Trustees Deed
—
Jun 25, 1996
—
Huang Chia Hsin Et Al
—
Deed Of Trust
related
—
May 22, 1996
—
Tsu Hua Huang
—
Deed Of Trust
related
—
Apr 30, 1993
—
Chia-hsin Huang
Huang,chia-hsin
Quit Claim Deed
related
$500,000 · Home Savings Of America
—
—
Elenda LLC
—
Deed Of Trust
related
$1,055,000 · Washington Mutual Fsb
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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