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Property profile & analytics
OFF-MARKET
Estimated value
$46,765,000
Investment properties
6245 Wilshire Blvd Los Angeles, CA 90048-5183
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8370661
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2017
Construction
STEEL FRAME
Total area
200,893 SF
Lot
0.99 ac (43,030 SF)
Zoning code
LAC4
APN
5510-027-066
UPID
US09-8370661
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
-
UOVO | Mid-Wilshire Restaurant
-
Vision on Wilshire Apartment Building Apartment Complex
-
AGENT, Inc. Employment Agency
-
ButlerBox @ Vision on Wilshire (Bike/Boat/Book/etc) Store
-
Area rugs clean Specialist Carpet Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$62.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$46.77M
Owner & transaction history
Wilshire Crescent Heights LLC · 18 yrs held
Wilshire Crescent Heights LLC
since 2007
7 recorded transactions
Zoning & alternative use
LAC4 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$62.6M
+4.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$67,800,000
6.5%
$62,585,000
7%
$58,115,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$60,175,000
Current use
APARTMENT HOUSE (5+ UNITS)
$62,580,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$46.77M
Range $42.09M – $51.44M · ±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
$233 / 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
$1,971,363
Tax year 2024
Assessed value
$162,883,939
Assessed 2024
Previous assessed
$162,883,939
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$24,463,690
Assessed improvement
$138,420,249
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2017
Construction
STEEL FRAME
Heating
NONE
Cooling
OTHER
Units
150
Total area
200,893 SF
Lot
0.99 ac (43,030 SF)
Zoning code
LAC4
APN
5510-027-066
UPID
US09-8370661
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Los Angeles, CA
Zoning LAC4 · permitted uses
LAC4 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$60.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$62.6M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Units
150
Lot
0.99 ac
Current owner
From public records · entity-resolved
Wilshire Crescent Heights LLC
Entity
Mailing address
1745 SHEA CTR DR STE #200, HIGHLANDS RANCH, CO 80129-1540
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2016
—
Wilshire Crescent Heights LLC
—
Grant Deed
related
$68,000,000 · Wells Fargo Bk
Nov 9, 2007
$19,000,000
Wilshire Crescent Heights LLC
Blue Sand Holdings LLC
Grant Deed
—
May 22, 2006
—
Blue Sand Holdings LLC
Winifred Stuart Mankowski Foun
Grant Deed
related
$6,918,750 · Central Pacific Bk
Jan 4, 2002
$980,000
Winifred Stuart Mankowski Foun
Bass,keith & Paulette
Grant Deed
—
Jul 7, 1994
—
Mark A Ukra
Broffman,j
Grant Deed
related
—
Jul 1, 1994
$790,000
Keith Bass
Ukra,mark A
Grant Deed
$690,000 · Richard N Baum Trust
Oct 20, 1992
—
Ukra Mark A
—
Deed Of Trust
related
—
Apr 28, 1988
—
Mark A Ukra
Ukra
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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