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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6712 86th Pl Los Angeles, CA 90045-3779

    • Apartment buildings
    • 11,658 SF
    • 0.28 lot acres
    OFF-MARKET
    Last Sale
    Dec 22, 2021
    $5,850,058
    Value Estimations
    $5,320,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0487711
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 6712 86th Pl

    Year built
    1984
    Construction
    WOOD
    Lot size
    0.28 lot acres
    Property size
    11,658 SF
    Zone code
    LARD1.5
    Property type
    Apartment buildings
    APN
    4122-016-029
    APU
    4122016029

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,965,000
      ML approach
      $5,065,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,868,000
      Market price range: $2.48M - $4.87M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $3,675,000
      Current use
      AUTO REPAIR, GARAGE
      $6,335,000
      Change: +72% Conversion: Difficult
      OFFICE BUILDING
      $5,850,000
      Change: +59% Conversion: Moderate
      MEDICAL BUILDING
      $5,310,000
      Change: +45% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $4,935,000
      Change: +34% Conversion: Difficult
      RETAIL STORES
      $4,785,000
      Change: +30% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $3,490,000
      Change: -5% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.407
    Latitude
    33.9591
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $74,854
    $4,161,600
    $1,924,740
    $6,086,340
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,413 SF

      7199 La Cienega Blvd

      APARTMENT HOUSE (5+ UNITS) • 7,413 SF
      7199 La Cienega Blvd, Los Angeles, CA 90045-2015
      View Details
    • Value Estimation
      $790,000
      18,810 SF

      6925 Knowlton Pl

      APARTMENT HOUSE (5+ UNITS) • 18,810 SF
      6925 Knowlton Pl, Los Angeles, CA 90045-4025
      View Details
    • Value Estimation by Request
      10,495 SF

      7113 La Tijera Blvd

      APARTMENT HOUSE (5+ UNITS) • 10,495 SF
      7113 La Tijera Blvd, Los Angeles, CA 90045-2157
      View Details
    • Value Estimation by Request
      4,454 SF

      7021 Manchester Ave

      APARTMENT HOUSE (5+ UNITS) • 4,454 SF
      7021 Manchester Ave, Los Angeles, CA 90045-3526
      View Details
    • Value Estimation by Request
      7,136 SF

      7437 Manchester Ave

      APARTMENT HOUSE (5+ UNITS) • 7,136 SF
      7437 Manchester Ave, Los Angeles, CA 90045-2390
      View Details
    • Value Estimation by Request
      13,471 SF

      7547 Manchester Ave

      APARTMENT HOUSE (5+ UNITS) • 13,471 SF
      7547 Manchester Ave, Los Angeles, CA 90045-2352
      View Details

    Similar Nearby for Sale

    • $1,875,000
      5,873 SF

      Westchester Multifamily Investment Opportunity

      Seven-unit multifamily property in a desirable Los Angeles rental market.
      7028 Alvern St, Los Angeles, CA 90045
      View Details
    • New
      $1,135,000
      Pending

      Westchester Duplex: Income or Owner-Occupancy

      Charming duplex in Westchester, ideal for investors or owner-occupiers.
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    • $1,425,000
      1,662 SF

      Westchester Duplex with Development Potential

      Vacant duplex in prime location with ADU potential.
      8324 Barnsley Ave, Los Angeles, CA 90045
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    • $1,295,000

      Westchester Triplex with Redevelopment Potential

      Three units in Westchester, offering income and redevelopment opportunities.
      5503 Thornburn St, Los Angeles, CA 90045
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    • $1,200,000
      1,652 SF

      Westchester Duplex with Remodeled Unit

      Well-maintained duplex in desirable location, ideal for owner-occupiers or investors.
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      2,460 SF

      Los Angeles Quadruplex with Updates

      Charming four-unit property in Los Angeles with updated units.
      7019 Ramsgate Ave, Los Angeles, CA 90045
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    Similar Nearby for Lease

    • $25 SF/Yr
      11,414 SF

      LAX Area Office Space for Lease

      Prime Office, 3,433 SF Available
      8818 Sepulveda Blvd, Los Angeles, CA 90045
      View Details
    • $4 SF/Yr
      8,100 SF

      Remodeled Creative Office Space

      High-image, turnkey creative office space with modern amenities.
      6374 Arizona Cir, Westchester, CA 90045
      View Details
    • $7,670,000
      26,000 SF

      Industrial Property Near LAX

      Warehouse and retail space with car wash and fuel station.
      8924 Bellanca Ave, Westchester, CA 90045
      View Details
    • Contact for pricing
      165 SF

      Century Blvd Office Sublease

      165 sq ft Office Space Available
      5777 Century Blvd, Los Angeles, CA 90045
      View Details
    • $34 SF/Yr
      8,000 SF

      Los Angeles Retail Space Available

      Prime Westchester location, flexible space, free parking.
      6214-6218 Manchester Ave, Los Angeles, CA 90045
      View Details
    • Contact for pricing
      2,650 SF

      Culver City Executive Suites

      Prime Culver City office space, multiple sizes available.
      6080 Center Dr, Los Angeles, CA 90045
      View Details
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    6712 86th Pl
    Los Angeles, CA 90045-3779
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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