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Property profile & analytics
OFF-MARKET
Hotels
551 Ceres Ave Los Angeles, CA 90013-1716
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6484191
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1916
Total area
9,729 SF
Lot
0.09 ac (4,133 SF)
Zoning code
LAM2
APN
5147-016-020
UPID
US09-6484191
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
by Request
Owner & transaction history
H2h Housing LLC · 1 yrs held
H2h Housing LLC
since 2024
Last sale
$410,000
7 recorded transactions
Zoning & alternative use
LAM2 · 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
$37,810
Tax year 2024
Assessed value
$3,031,652
Assessed 2024
Previous assessed
$3,031,652
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$243,745
Assessed improvement
$2,787,907
Applied tax rate
13.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1916
Heating
NONE
Stories
1
Units
21
Bathrooms
22
Total area
9,729 SF
Lot
0.09 ac (4,133 SF)
Zoning code
LAM2
APN
5147-016-020
UPID
US09-6484191
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM2 · Los Angeles, CA
Zoning LAM2 · permitted uses
LAM2 · 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
1916
Heating
NONE
Stories
1
Units
21
Bathrooms
22
Lot
0.09 ac
Current owner
From public records · entity-resolved
H2h Housing LLC
Entity
Mailing address
9744 E WILSHIRE BLVD107PMB, BEVERLY HILLS, CA 90212-1828
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
$410,000
H2h Housing LLC
Hart District Properties LLC
Grant Deed
$350,000 · Hart District Properties LLC
Sep 16, 2024
$4,000,000
Hart District Properties LLC
Kevin Singer
Quit Claim Deed
related
—
Jan 25, 2024
—
Empire Brokerage & Real Estate Svcs
—
Deed
related
$10,428,730 · City Of Los Angeles
Jan 2, 2024
—
Empire Brokerage & Real Estate Svcs
—
Deed
related
$10,000 · City Of Los Angeles
Jul 3, 2023
—
Kevin Singer
—
Deed
related
$10,000,000 · City Of Los Angeles
Dec 28, 2000
—
Lincoln Hotel Sro
Skid,row Hsng Trust
Grant Deed
related
—
Dec 13, 1999
$520,000
Skid Row Housing Trust
Shah,parimal C & Mina P
Grant Deed
$750,000 · Los Angeles City (ca)
Oct 7, 1993
$29,000
Parimal C Shah
Shah,rajni C & H
Grant Deed
related
—
Sep 9, 1992
—
Shah Parimal C
—
Deed Of Trust
related
—
Aug 10, 1992
—
Parimal C Et Al Shah
—
Deed Of Trust
related
—
—
—
Ashok Shah
—
Deed Of Trust
related
$168,100 · Small Business Associates
—
—
Skid Row Housing Trust
—
Deed Of Trust
related
$266,500 · Downey S & L (wholesale)
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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