Property profile

506 Evergreen Ave Los Angeles, CA 90033

OFF-MARKET
Residential income homes
Property ID
US09-7511041
16,472 SF 0.68 ac lot Built 1914
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Residential income homes
Use group BOARDING/ROOMING HOUSE
Year built 1914
Construction TILT-UP CONCRETE
Total area 16,472 SF
Lot 0.68 ac (29,465 SF)
Zoning code LAR2
APN 5178-017-001
UPID US09-7511041

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
  • Real Estate Agency
  • High School

Location

506 Evergreen Ave Los Angeles, CA 90033-3122
Los Angeles metro Census 203800 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.86M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.38M

Owner & transaction history

since 2022
Last sale
$11.6M
7 recorded transactions
2022
$11.6M
2019
Price N/A
2018
$4.3M
2017
Price N/A
2014
$2.5M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LAR2 · Los Angeles, CA
Top alternative use upside
Restaurant $13.6M +307.7%
Auto repair, garage $9.0M +169.5%
Office building $8.3M +148.8%

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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