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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
High-rise multifamily apartments
689 Berendo St Los Angeles, CA 90005-1761
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6870149
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2008
Construction
WOOD
Total area
48,456 SF
Lot
0.41 ac (17,996 SF)
Zoning code
LAR5P
APN
5094-007-009
UPID
US09-6870149
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
-
Berendo Terrace Apartment Complex
-
Tyiese 3 (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Mckinley Berendo LLC · 16 yrs held
Mckinley Berendo LLC
since 2009
7 recorded transactions
Zoning & alternative use
LAR5P · 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
$27 / 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
$134,951
Tax year 2024
Assessed value
$10,836,488
Assessed 2024
Previous assessed
$10,836,488
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$3,796,539
Assessed improvement
$7,039,949
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
NONE
Units
37
Bathrooms
99
Total area
48,456 SF
Lot
0.41 ac (17,996 SF)
Zoning code
LAR5P
APN
5094-007-009
UPID
US09-6870149
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR5P · Los Angeles, CA
Zoning LAR5P · permitted uses
LAR5P · 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
2008
Construction
WOOD
Heating
NONE
Units
37
Bathrooms
99
Lot
0.41 ac
Current owner
From public records · entity-resolved
Mckinley Berendo LLC
Entity
Mailing address
400 CONTINENTAL BLVD6SMC, EL SEGUNDO, CA 90245-5076
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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, 2020
—
Mckinley Berendo LLC
—
Deed
related
$8,106,000 · Newmark Knight Frank
Sep 10, 2009
$3,657,335
Mckinley Berendo LLC
Td Service Co
Trustees Deed
related
$8,157,832 · East West Bank
Mar 31, 2006
—
Gts Property Santa Ana INC
—
Trustees Deed
related
$14,660,000 · East West Bank
Jul 16, 2004
$600,000
Gts Property Santa Ana INC
Ahc Finance LLC
Grant Deed
$1,000,000 · Ahc Finance LLC
Jul 16, 2004
—
Ahc Finance LLC
The Chancellor II Partners
Grant Deed
related
—
May 24, 2002
$700,000
II Partners II
Wilshire Trade Center LLC
Grant Deed
—
Apr 3, 2002
—
Chancellor Partners
—
Trustees Deed
related
$5,208,247 · Bank Of New York
Aug 26, 1992
—
C E Penny Co
—
Deed Of Trust
related
—
—
—
Mckinley Berendo LLC
—
Deed Of Trust
related
$2,095,000 · Berkeley Point Cap
—
—
II Partners LP II
—
Deed Of Trust
related
$1,188,975 · Midland Capital Corp
—
—
Mckinley Berendo LLC
—
Deed Of Trust
related
$8,106,000 · Newmark Knight Frank
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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