Technical
Financial
Distress signals
Property profile

4340 Lockwood Ave Los Angeles, CA 90029

OFF-MARKET
Hotels
Property ID
US09-8184900
17,596 SF 0.43 ac lot Built 1971
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1971
Construction WOOD
Total area 17,596 SF
Lot 0.43 ac (18,600 SF)
Zoning code LARD1.5
APN 5539-008-032
UPID US09-8184900

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

4340 Lockwood Ave Los Angeles, CA 90029-2810
Los Angeles metro Census 191410 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.02M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.25M

Owner & transaction history

since 2023
Last sale
$8.2M
6 recorded transactions
2023
$8.2M
2022
$4.5M
2021
$5.5M
1997
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LARD1.5 · Los Angeles, CA
Top alternative use upside
Auto repair, garage $9.6M +27.8%
Office building $8.8M +18.0%
Medical building $8.0M +7.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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