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Property profile & analytics
OFF-MARKET
Estimated value
$1,610,000
Apartment buildings
5221 Oliva Ave Lakewood, CA 90712-2337
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6946874
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
10,110 SF
Lot
0.23 ac (9,992 SF)
Zoning code
LKMFR*
APN
7155-003-006
UPID
US09-6946874
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
by Request
Blend (final)
Blend
$1.61M
Owner & transaction history
Lakewood Mnr Apartments II LLC · 9 yrs held
Lakewood Mnr Apartments II LLC
since 2017
7 recorded transactions
Zoning & alternative use
LKMFR* · Lakewood, 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 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
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
$1.61M
Range $1.45M – $1.77M · ±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
$159 / 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
$33,125
Tax year 2024
Assessed value
$2,360,567
Assessed 2024
Previous assessed
$2,360,567
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,125,418
Assessed improvement
$1,235,149
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
1963
Construction
WOOD
Heating
NONE
Cooling
YES
Units
13
Bathrooms
18
Total area
10,110 SF
Lot
0.23 ac (9,992 SF)
Zoning code
LKMFR*
APN
7155-003-006
UPID
US09-6946874
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LKMFR* · Lakewood, CAZoning LKMFR* · permitted uses
LKMFR* · Lakewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
13
Bathrooms
18
Lot
0.23 ac
Current owner
From public records · entity-resolved
Lakewood Mnr Apartments II LLC
Entity
Mailing address
15320 BARRANCA PKWY STE #100, IRVINE, CA 92618-2255
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2017
—
Lakewood Mnr Apartments II LLC
Lakewood Manor Apartments
Quit Claim Deed
$100,700,000 · Northmarq Cap
Sep 19, 2011
—
Lakewood Manor Apartments LLC
Advanced Group 05-86
Deed Of Trust
related
$64,443,000 · Northmarq Capital INC
Sep 17, 2010
—
Advanced Group 05-86
—
Deed Of Trust
related
$68,583,000 · Us Bank NA
Jan 19, 2006
$76,575,500
Advanced Group 05-86
Kw Of Wdc Lakewood LLC
Grant Deed
$68,583,000 · Downey S & L (wholesale)
Aug 30, 2004
—
Kw Of Wdc Lakewood LLC
Mkeg LLC
Trustees Deed
$55,000,000 · Wachovia Bank NA
Apr 12, 1999
—
Max Manor West L P Win
—
Deed Of Trust
related
—
Feb 19, 1993
—
Max Oliva L P Win
—
Deed Of Trust
related
—
—
—
Oliva L P Win-max
—
Deed Of Trust
related
$309,000 · Guefen Trust
—
—
Win-max Manor West LP
—
Deed Of Trust
related
$23,000 · Bankers Mutual
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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