Back to Search
Property profile & analytics
OFF-MARKET
Apartment buildings
539 Manhattan Pl Los Angeles, CA 90020-4424
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US09-6344084
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1923
Construction
TILT-UP CONCRETE
Total area
17,136 SF
Lot
0.21 ac (9,008 SF)
Zoning code
LAR4
APN
5503-017-004
UPID
US09-6344084
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
-
Align and Restore Fitness Gym & Fitness Center
-
Sutton Place Apartments Apartment Building
-
Suzanne Smith Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sutton Place Partners LLC · 23 yrs held
Sutton Place Partners LLC
since 2003
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$26,639
Tax year 2024
Assessed value
$2,028,598
Assessed 2024
Previous assessed
$2,028,598
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$851,955
Assessed improvement
$1,176,643
Applied tax rate
6.0000
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
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Units
29
Bathrooms
29
Total area
17,136 SF
Lot
0.21 ac (9,008 SF)
Zoning code
LAR4
APN
5503-017-004
UPID
US09-6344084
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
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Units
29
Bathrooms
29
Lot
0.21 ac
Current owner
From public records · entity-resolved
Sutton Place Partners LLC
Entity
Mailing address
PO BOX 5345, BEVERLY HILLS, CA 90209-5345
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
—
Sutton Place Partners LLC
—
Deed
related
$5,152,500 · Webster Bank NA
Apr 15, 2003
—
Sutton Place Partners LLC
Jmf Enterprises IV LLC
Grant Deed
related
—
Mar 8, 2002
—
Jmf Enterprises IV LLC
Afshani Trust
Grant Deed
$686,000 · Washington Mutual Fsb
Nov 14, 1996
—
Afshani,daniel M Trustee
Afshani,m
Quit Claim Deed
related
—
Jun 22, 1995
—
Hm Savs Amer
Web,serv
Quit Claim Deed
related
—
May 23, 1995
—
Mehran Afshani
Home Savings Of America
Grant Deed
$432,000 · Home Savings Of America
Mar 17, 1995
$355,650
Home Savings Of America
Birmingham,dennis R & E J
Trustees Deed
related
—
Nov 2, 1994
$50,000
Prism Group
Manhattan Avenue Ltd
Trustees Deed
—
Nov 2, 1994
$254,545
539 Manhattan Holdings INC
Prism Group
Trustees Deed
related
$50,000 · Seller
—
—
Sutton Place Partners LLC
—
Deed Of Trust
related
$3,322,000 · Beech Street Capital LLC
—
—
Ave Lt Manhattan
—
Deed Of Trust
related
$115,000 · Individual
—
—
Sutton Place Partners LLC
—
Deed Of Trust
related
$1,975,000 · Gmac Commercial Mortgage 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 539 Manhattan Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
