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Property profile & analytics
OFF-MARKET
Assisted living facilities
6502 4th Ave Los Angeles, CA 90043-4506
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7965709
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1940
Construction
WOOD
Total area
2,463 SF
Lot
0.18 ac (8,033 SF)
Zoning code
LAC2
APN
4007-027-001
UPID
US09-7965709
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
-
Western Heights Bible Church Church
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
Fredrick Douglas Steen · 1 yrs held
Fredrick Douglas Steen
since 2025
Last sale
$233,000
7 recorded transactions
Zoning & alternative use
LAC2 · 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
$4,444
Tax year 2024
Assessed value
$330,824
Assessed 2024
Previous assessed
$330,824
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$269,777
Assessed improvement
$61,047
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1940
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,463 SF
Lot
0.18 ac (8,033 SF)
Zoning code
LAC2
APN
4007-027-001
UPID
US09-7965709
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning LAC2 · permitted uses
LAC2 · 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
1940
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Fredrick Douglas Steen
Individual
Mailing address
2256 W 20TH ST, LOS ANGELES, CA 90018-1410
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2025
—
Fredrick Douglas Steen
Everett Douglas Welch
Grant Deed
—
May 12, 2025
—
Everett Douglas Welch
Fredrick Douglas Steen
Deed
related
—
Jul 6, 2018
—
Fredrick D Steen
Steen,fredrick D
Quit Claim Deed
related
$50,000 · Perlstein Trust (pt)
Sep 4, 2002
$233,000
Frederick D Steen
Wilson,lafayette & Margie K
Grant Deed
$209,700 · Genisys Financial Corp
Sep 3, 2002
$233,000
Frederick Steen
Wilson,lafayette
Grant Deed
$209,700 · Genisys Financial Corp
Jul 13, 1990
$146,500
Lafayette Wilson
Victor Fed Sav
Grant Deed
$117,200 · Home Savings Of America
Mar 22, 1989
—
Victo 1334111 11
Lewis Henry F
Trustees Deed
related
—
May 3, 1988
$8,000
Henry F Lewis
Johns
Grant Deed
—
Apr 5, 1988
$18,000
Alpha Serv
Lewis
Quit Claim Deed
related
—
Apr 5, 1988
$8,000
Harriett Johnson
Lewis
Trustees Deed
related
—
—
—
Harriett Johnson
—
Deed Of Trust
related
$2,000 · Johnson Harriett
—
—
Fredrick D Steen
—
Deed Of Trust
related
$321,000 · Countrywide Bank
—
—
Fredrick D Steen
—
Deed Of Trust
related
$295,000 · Horizon Mortgage Bankers
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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