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Property profile & analytics
OFF-MARKET
Estimated value
$4,625,000
High-rise multifamily apartments
691 Irolo St Los Angeles, CA 90005-2362
Trust Owned
24-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6870339
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1966
Construction
STEEL FRAME
Total area
375,344 SF
Lot
1.08 ac (47,252 SF)
Zoning code
LAR5
APN
5094-001-012
UPID
US09-6870339
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
-
Xperimental Entertainment Theater & Performing Art Venue Music Venue
-
Dbosi LLC Photography Service Party Supply Store
-
The Ambassador Towers Apartments Apartment Complex
-
Parking Garage Parking Lot & Garage
-
Duro Roofing Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.63M
Owner & transaction history
Sterling Trust · 24 yrs held
Sterling Trust
since 2002
6 recorded transactions
Zoning & alternative use
LAR5 · 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
$12 / 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
$413,471
Tax year 2024
Assessed value
$31,908,028
Assessed 2024
Previous assessed
$31,908,028
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$2,607,006
Assessed improvement
$29,301,022
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
1966
Construction
STEEL FRAME
Heating
NONE
Units
236
Total area
375,344 SF
Lot
1.08 ac (47,252 SF)
Zoning code
LAR5
APN
5094-001-012
UPID
US09-6870339
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR5 · Los Angeles, CA
Zoning LAR5 · permitted uses
LAR5 · 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
1966
Construction
STEEL FRAME
Heating
NONE
Units
236
Lot
1.08 ac
Current owner
From public records · entity-resolved
Sterling Trust
Trust
Free & Clear · 24 yrs held
Mailing address
9441 WILSHIRE BLVD, BEVERLY HILLS, CA 90212-2808
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2020
—
Sterling Family Trust
—
Deed
related
$25,100,000 · Bank Of America
Apr 19, 2012
—
Sterling Family Trust
—
Deed Of Trust
related
$100,000,000 · Bank Of America
Apr 30, 2002
—
Sterling Trust
Mark Wilshire Associates
Grant Deed
related
—
Mar 1, 1972
$5,181,000
Mark Wilshire Associates
—
Grant Deed
related
—
—
—
Sterling Family Trust
—
Deed Of Trust
related
$25,100,000 · Bank Of America
Aug 23, 1968
$5,330,500
—
—
Grant 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.
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