New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,415,000
Investment properties
4209 Western Ave Los Angeles, CA 90062-1643
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0491446
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2022
Construction
WOOD
Total area
21,557 SF
Lot
0.15 ac (6,505 SF)
Zoning code
LAC2
APN
5021-028-002
UPID
US10-0491446
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
$6.72M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.42M
Owner & transaction history
Bif Non Oz 4209 Western Ave LP · 2 yrs held
Bif Non Oz 4209 Western Ave LP
since 2024
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.9M
+37.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,275,000
6.5%
$6,715,000
7%
$6,235,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,455,000
Current use
RETAIL STORES
$8,850,000
Change: +37% · Conversion: Easy
INDUSTRIAL (GENERAL)
$6,100,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$5.42M
Range $4.87M – $5.96M · ±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
$251 / 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
$130,464
Tax year 2024
Assessed value
$10,710,000
Assessed 2024
Previous assessed
$10,710,000
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$6,120,000
Assessed improvement
$4,590,000
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
Off-Market
Year built
2022
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
25
Bathrooms
1
Total area
21,557 SF
Lot
0.15 ac (6,505 SF)
Zoning code
LAC2
APN
5021-028-002
UPID
US10-0491446
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning LAC2 · permitted uses
LAC2 · 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
COMMERCIAL (GENERAL) Current
Est. value
$6.5M
RETAIL STORES
Est. value
$8.9M
INDUSTRIAL (GENERAL)
Est. value
$6.1M
COMMERCIAL (GENERAL) Current
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2022
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
25
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Bif Non Oz 4209 Western Ave LP
Entity
Mailing address
1000 E 60TH ST, LOS ANGELES, CA 90001-1019
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Jun 12, 2024
—
Bif Non Oz 4209 Western Ave LP
Bif Non Oz 4209 Western Ave LLC
Intrafamily Transfer
related
$4,185,000 · Greystone Servicing Company LLC
May 31, 2024
—
Bif Non Oz 4209 Western Ave LP
Bif Non 4209 Western Ave LP
Intrafamily Transfer
related
—
May 22, 2024
—
Bif Non 4209 Western Ave LP
7 Siof 4209 S Western Ave LLC
Grant Deed
—
Mar 31, 2023
$10,500,000
Bif Non Oz 4209 Western Ave LLC
7 Siof 4209 S Western Ave LLC
Grant Deed
—
Feb 18, 2022
—
7 Siof 4209 S Western Ave LLC
—
Deed
related
$500 · Sunday Capitalmp Loan Sales LLC
Oct 5, 2020
—
7 Siof 4209 S Western Ave LLC
Siof 7 Properties LLC
Quit Claim Deed
—
Sep 26, 2019
—
Siof 7 Properties LLC
1130 West Mlk LLC
Quit Claim Deed
—
Apr 23, 2019
$600,000
1130 West Mlk
Parliament Capital Group LLC
Grant Deed
—
Jun 16, 2017
—
Parliament Capital Group LLC
Allen,dedra F
Quit Claim Deed
related
$302,500 · Athas Cap
May 5, 2016
—
Dedra F Allen
Allen B L Living Trust
Quit Claim Deed
related
—
Dec 8, 2000
—
Allen,bernice L Trustee
Allen,b L
Quit Claim Deed
related
—
Feb 6, 1996
—
Frank G Allen
Allen,f G
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 4209 Western 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.
