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Property profile & analytics
OFF-MARKET
Estimated value
$1,690,000
Apartment buildings
5050 Hayter Ave, Lakewood, CA 90712-3125
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7012118
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Construction
WOOD
Total area
5,163 SF
Lot
0.22 ac (9,465 SF)
Zoning code
LKMFR*
APN
7155-021-001
UPID
US09-7012118
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
$1.69M
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$1.69M
Owner & transaction history
Advanced Group 20-121 · 6 yrs held
Advanced Group 20-121
since 2020
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
LKMFR* · Lakewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.4M
+47.5%
Medical building
$2.3M
+44.9%
Office building
$2.3M
+43.0%
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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$1,705,000
ML approach
$1,690,000
CAP Approach
CAP Return
Estimation
6%
$1,385,000
6.5%
$1,280,000
7%
$1,185,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,620,000
Current use
AUTO REPAIR, GARAGE
$2,390,000
Change: +47% · Conversion: Difficult
MEDICAL BUILDING
$2,345,000
Change: +45% · Conversion: Moderate
OFFICE BUILDING
$2,315,000
Change: +43% · Conversion: Moderate
RETAIL STORES
$1,980,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,595,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$1.69M
Range $1.52M – $1.86M · ±10% · vs last sale $1.68M (May 13 2020)
Last sale anchor
$1.68M
May 13 2020
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
$327 / 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
$29,096
Tax year 2024
Assessed value
$2,182,728
Assessed 2024
Previous assessed
$2,182,728
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$1,286,641
Assessed improvement
$896,087
Applied tax rate
5.0000
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
1977
Construction
WOOD
Heating
NONE
Units
5
Bathrooms
10
Total area
5,163 SF
Lot
0.22 ac (9,465 SF)
Zoning code
LKMFR*
APN
7155-021-001
UPID
US09-7012118
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LKMFR* · Lakewood, CA
Zoning LKMFR* · permitted uses
LKMFR* · Lakewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (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
1977
Construction
WOOD
Heating
NONE
Units
5
Bathrooms
10
Lot
0.22 ac
Current owner
From public records · entity-resolved
Advanced Group 20-121
Entity
Free & Clear · 6 yrs held
Mailing address
15320 BARRANCA PKWY STE #100, IRVINE, CA 92618-2255
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2022
—
Richard M Mellen
—
Deed
related
$1,239,000 · Commercial Bank Of Ca
May 13, 2020
—
Advanced Group 20-121
Vwc Lakewood 5 LLC
Quit Claim Deed
—
Jun 11, 2019
$1,680,000
Vwc Lakewood 5 LLC
Vinh Ho & My Living Trust
Grant Deed
$840,000 · Vukovich Milo Trust (pt)
Mar 23, 2000
—
Vinh,ho & My T Trustees
Vinh,h & M T
Quit Claim Deed
related
—
Sep 3, 1996
$375,000
Ho Vinh
Hsu,ve-tsin & Tsai-len
Grant Deed
$245,000 · World Savings Bank
—
—
Vetsin Hsu
—
Deed Of Trust
related
$68,730 · Individual
—
—
Ve-tsin Hsu
—
Deed Of Trust
related
$150,000 · Fidelity Federal Bank
—
—
Ve-tsin Hsu
—
Deed Of Trust
related
$58,095 · 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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