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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Apartment buildings
6405 Olympic Blvd Los Angeles, CA 90022-5455
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8493289
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1952
Construction
WOOD
Total area
4,226 SF
Lot
0.15 ac (6,633 SF)
Zoning code
LCR3YY
APN
6351-026-029
UPID
US09-8493289
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
$1.07M
Blend (final)
Blend
$770k
Owner & transaction history
Cheuk Cheng Yu · 1 yrs held
Cheuk Cheng Yu
since 2025
7 recorded transactions
Zoning & alternative use
LCR3YY · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.2M
+41.9%
Office building
$1.0M
+23.1%
Retail stores
$950,000
+14.2%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$835,000
Current use
WAREHOUSE, STORAGE
$1,180,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$1,025,000
Change: +23% · Conversion: Moderate
RETAIL STORES
$950,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$750,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$182 / 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
$15,779
Tax year 2024
Assessed value
$994,964
Assessed 2024
Previous assessed
$994,964
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$579,128
Assessed improvement
$415,836
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
1952
Construction
WOOD
Heating
NONE
Cooling
YES
Units
8
Bathrooms
8
Total area
4,226 SF
Lot
0.15 ac (6,633 SF)
Zoning code
LCR3YY
APN
6351-026-029
UPID
US09-8493289
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR3YY · Los Angeles, CA
Zoning LCR3YY · permitted uses
LCR3YY · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$835,000
WAREHOUSE, STORAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$750,000
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1952
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
8
Bathrooms
8
Lot
0.15 ac
Current owner
From public records · entity-resolved
Cheuk Cheng Yu
Individual
Mailing address
99 S CHESTER AVE, PASADENA, CA 91106-5804
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jul 9, 2025
$1,675,000
Cheuk Cheng Yu
Unified Gardena Properties LLC
Grant Deed
$905,000 · East West Bank
Sep 25, 2019
—
Unified Gardena Properties LLC
—
Deed
related
$275,000 · Langholz Sam & Mala F/tr (pt)
Nov 23, 2015
—
Unified Gardena Properties LLC
1017 South Hill LLC
Grant Deed
$630,000 · First Citizens Bank & Trust Co
Mar 9, 2005
—
1017 South Hill LLC
Sabet,majid
Grant Deed
—
Feb 24, 2005
—
Majid Sabet
1017 South Hill LLC
Grant Deed
$468,000 · East West Bank
Aug 30, 2001
$390,000
1017 South Hill LLC
Yonezawa Trust
Grant Deed
$320,000 · Yonezawa Trust
Jul 23, 1970
$72,000
—
—
Grant Deed
related
—
—
—
1017 South Hill LLC
—
Deed Of Trust
related
$105,500 · Langholz Ike & F Fam Trust
—
—
Unified Gardena Properties LLC
—
Deed Of Trust
related
$275,000 · Langholz Sam & Mala F/tr (pt)
—
—
1017 South Hill LLC
—
Deed Of Trust
related
$150,000 · Langhoiz Trust
—
—
1017 South Hill LLC
—
Deed Of Trust
related
$150,000 · Langholz Ike & Faye Trust
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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