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Property profile & analytics
OFF-MARKET
Estimated value
$2,155,000
Motels
457 Mariposa Ave Los Angeles, CA 90020-2904
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7481734
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1970
Construction
WOOD
Total area
21,060 SF
Lot
0.25 ac (10,850 SF)
Zoning code
LAR4
APN
5502-015-014
UPID
US09-7481734
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
-
Shelter Hotels Hotel & Motel
-
Fair Air Duct Cleaning HVAC Service
-
Pay Patton Productions Video Editing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$2.16M
Owner & transaction history
Ivory House LLC · 2 yrs held
Ivory House LLC
since 2024
7 recorded transactions
Zoning & alternative use
LAR4 · 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
Blend value · Realmo final
$2.16M
Range $1.94M – $2.37M · ±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
$102 / 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
$88,614
Tax year 2024
Assessed value
$7,211,477
Assessed 2024
Previous assessed
$7,211,477
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$2,794,445
Assessed improvement
$4,417,032
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
NONE
Units
48
Bathrooms
49
Total area
21,060 SF
Lot
0.25 ac (10,850 SF)
Zoning code
LAR4
APN
5502-015-014
UPID
US09-7481734
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR4 · Los Angeles, CA
Zoning LAR4 · permitted uses
LAR4 · 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.
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
NONE
Units
48
Bathrooms
49
Lot
0.25 ac
Current owner
From public records · entity-resolved
Ivory House LLC
Entity
Mailing address
6600 W SUNSET BLVD STE 201ST LOS ANGELES
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
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2025
—
Ivory House LLC
—
Deed
related
$11,000,000 · Pcb Bank
Jun 25, 2024
—
Ivory House LLC
Elm Gardens LLC
Grant Deed
—
Jan 26, 2023
—
Elm Gardens LLC
—
Deed
related
$7,000,000 · Pcb Bank
Feb 8, 2018
—
Elm Gardens LLC
—
Deed
related
$6,500,000 · Bank Of Hope
Apr 26, 2012
—
Elm Gardens LLC
Palmer Gardens LLC
Grant Deed
—
Mar 31, 2011
—
Palmer Gardens LLC
—
Deed Of Trust
related
$5,034,171 · State Bank Of India
Oct 23, 2007
$5,600,000
Palmer Gardens LLC
Lee,bong W & Kyung J
Grant Deed
$3,360,000 · Lone Oak Fund LLC
Feb 26, 2003
$2,850,000
Bong W Lee
Patel,sanjay J & Jayshree
Grant Deed
$902,000 · Wilshire State Bank
Aug 9, 1999
$1,650,000
Sanjay Patel
Ahuja,sonny & Nagina R
Grant Deed
$400,000 · Zions First National Bank
Jul 16, 1997
—
Sonny Ahuja
Aaaa,intl
Grant Deed
related
—
Jun 26, 1997
$1,325,000
Aaaa International INC
L Y Eastern Lltd
Grant Deed
$1,119,000 · Money Store Investment Corp
Mar 31, 1994
$512,500
L A,eastern
Tsai,t S&h S
Trustees Deed
—
Mar 31, 1994
$467,500
Tsai,ta S & Huang S
Mariposa Executi
Trustees Deed
related
$510,000 · Los Angeles City (ca)
Mar 7, 1990
—
Ding S Tsai
Tsai Ding S Et A
Quit Claim Deed
related
—
—
—
Elm Gardens LLC
—
Deed Of Trust
related
$500,000 · Bank Of Hope
—
—
Palmer Gardens LLC
—
Deed Of Trust
related
$75,000 · Wilshire State Bank
—
—
Palmer Gardens LLC
—
Deed Of Trust
related
$3,618,000 · Wilshire State Bank
—
—
Palmer Gardens LLC
—
Deed Of Trust
related
$5,100,000 · State Bank Of India
—
—
Palmer Gardens LLC
—
Deed Of Trust
related
$155,000 · Wilshire State Bank
—
—
Elm Gardens LLC
—
Loan Modification
related
$6,500,000 · Bank Of Hope
—
—
Palmer Gardens LLC
—
Deed Of Trust
related
$1,789,111 · State Bank Of India
—
—
Palmer Gardens LLC
—
Deed Of Trust
related
—
—
—
Elm Gardens LLC
—
Deed Of Trust
related
$4,025,000 · Bbu Bank
—
—
Palmer Gardens LLC
—
Deed Of Trust
related
$1,939,000 · Wilshire State Bank
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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