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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Apartment buildings
4410 Wesley Ave, Los Angeles, CA 90037-4558
Individually Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7226750
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1923
Construction
WOOD
Total area
6,679 SF
Lot
0.16 ac (6,950 SF)
Zoning code
LAC2
APN
5018-001-012
UPID
US09-7226750
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
$884k
Blend (final)
Blend
$735k
Owner & transaction history
Morton A Hanlon JR · 10 yrs held
Morton A Hanlon JR
since 2016
7 recorded transactions
Zoning & alternative use
LAC2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,140,000
Current use
Blend value · Realmo final
$735k
Range $662k – $809k · ±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
$110 / 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
$10,355
Tax year 2024
Assessed value
$755,271
Assessed 2024
Previous assessed
$755,271
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$392,361
Assessed improvement
$362,910
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
1923
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Units
9
Bathrooms
4
Total area
6,679 SF
Lot
0.16 ac (6,950 SF)
Zoning code
LAC2
APN
5018-001-012
UPID
US09-7226750
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
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
NONE
Cooling
Yes
Buildings
2
Units
9
Bathrooms
4
Lot
0.16 ac
Current owner
From public records · entity-resolved
Morton A Hanlon JR
Individual
Free & Clear · 10 yrs held
Mailing address
6706 CAMINO CRESTA, SAN CLEMENTE, CA 92673-7103
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
—
Allan Hanlon Morton JR
—
Deed
related
$1,125,000 · Financial Partners Cu
Jun 9, 2016
—
Morton A Hanlon JR
Hanlon,morton A JR
Quit Claim Deed
related
—
Jun 6, 2016
—
Morton A Hanlon JR
Hanlon Holdings LLC
Quit Claim Deed
$600,000 · Financial Ptrs Cu
Jun 3, 2013
$10,000
Hanlon Holdings LLC
Alvarez,gerson I & Zayra I
Grant Deed
—
Jul 17, 2007
—
Geason I Alvarez
Umana,william N & Ana I
Quit Claim Deed
related
—
Sep 19, 2003
$490,000
William N Umana
Pham,huu P
Grant Deed
$367,500 · United Commercial Bank
Mar 14, 2000
$318,500
Huu P Pham
Lim,lorraine J
Grant Deed
$236,250 · Golden Security Bank
Mar 17, 1999
$220,000
Lim,lorraine J
Countrywide Thrift & Loan
Trustees Deed
$210,000 · Golden Security Bank
Mar 17, 1999
—
Lorraine J Lim
Morizano,s
Quit Claim Deed
related
—
Sep 25, 1998
$155,000
Countrywide Lending Corp
Gelff,stephen J
Trustees Deed
related
—
May 6, 1998
—
4400 Wesley Compania
Compania 4400 Wesley,
Quit Claim Deed
related
—
Nov 30, 1994
—
4400 Wesley Compania
Diversified Trust
Grant Deed
related
—
Jan 26, 1994
$50,000
James,d Friedman Trustee
Valladares,maria
Trustees Deed
—
Dec 8, 1992
—
Maria A Valladares
—
Deed Of Trust
related
—
Oct 8, 1992
—
Friedman Trust
Gelff,stephen J
Trustees Deed
related
—
Sep 30, 1991
$235,000
Stephen J Gelff
Countrywide Thri
Grant Deed
$188,000 · Seller
Jun 27, 1991
$331,303
Countrywide Thri
Smith,roy J E JR
Trustees Deed
related
—
Dec 20, 1989
$490,000
Roy J Smith
Mog
Grant Deed
$292,000 · Mission Valley Bank
—
—
Roy J Smith
—
Deed Of Trust
related
$44,000 · Anaya Gus&olivia
—
—
Gerson I Alvarez
—
Deed Of Trust
related
$658,000 · United Commercial Bank
—
—
Stephen J Gelff
—
Deed Of Trust
related
$51,000 · Individual
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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