New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,110,000
Apartment buildings
5949 Ss St, Lakewood, CA 90713-1348
Individually Owned
3-yr Hold
Free & Clear
Property ID
US09-6351222
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
WOOD
Total area
17,178 SF
Lot
0.6 ac (26,105 SF)
Zoning code
LKC4*
APN
7166-008-042
UPID
US09-6351222
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
$4.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.11M
Owner & transaction history
Justin Lee · 3 yrs held
Justin Lee
since 2022
7 recorded transactions
Zoning & alternative use
LKC4* · 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%
$4,605,000
6.5%
$4,250,000
7%
$3,950,000
Blend value · Realmo final
$3.11M
Range $2.80M – $3.42M · ±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
$181 / 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
$69,206
Tax year 2024
Assessed value
$5,463,693
Assessed 2024
Previous assessed
$5,463,693
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$3,001,136
Assessed improvement
$2,462,557
Applied tax rate
2.0000
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
1959
Construction
WOOD
Heating
NONE
Cooling
YES
Units
31
Bathrooms
31
Total area
17,178 SF
Lot
0.6 ac (26,105 SF)
Zoning code
LKC4*
APN
7166-008-042
UPID
US09-6351222
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LKC4* · Lakewood, CA
Zoning LKC4* · permitted uses
LKC4* · 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.
Building & site characteristics
From public records
Year built
1959
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
31
Bathrooms
31
Lot
0.6 ac
Current owner
From public records · entity-resolved
Justin Lee
Individual
Free & Clear · 3 yrs held
Mailing address
PO BOX 891, LOS ALAMITOS, CA 90720-0891
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2022
$1,618,500
Justin Lee
Robert Lee
Grant Deed
related
—
Sep 1, 2022
—
Fang Fan Ching
Mei Hua Wang
Intrafamily Transfer
related
—
Nov 10, 2021
—
Robert Lee
—
Deed
related
$3,000,000 · Farmers & Merchants Bank
Jan 9, 2017
—
413 Family Trust
Lee Robert H Living Trust
Quit Claim Deed
—
Mar 26, 2007
—
Lee Robert H Living Trust
Royal South LLC
Grant Deed
—
Dec 13, 2006
—
Royal South LLC
Lee Robert H Living Trust
Grant Deed
—
Nov 7, 2006
—
Gary R Lachman
Lachman,selma R
Quit Claim Deed
related
—
Nov 7, 2006
$3,350,000
Lee Robert H Living Trust
Lachman Esther J Trust
Grant Deed
$1,675,000 · Omni Bank
Jul 26, 2002
—
Lachman,wesley R & Sharon O Tr
Lachman,w R
Quit Claim Deed
related
—
Nov 6, 2000
—
Lachman,gary R Trustee
Lachman G R Trustee,
Quit Claim Deed
related
—
May 8, 2000
—
Lachman,gary R Trustee
Lachman G R Trustee,
Quit Claim Deed
related
—
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 5949 Ss St?
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.
