Financial
Distress signals
Property profile

7028 Alvern St Los Angeles, CA 90045

FOR SALE
Other apartment buildings
Property ID
US10-0507308
5,873 SF 0.18 ac lot Built 1954
Last sale Mar 1996 · $385,000
Individually Owned Owner of record is an individual. 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

7028 Alvern Street is a seven-unit, two-story multifamily building in Westchester, Los Angeles, containing 5,873 square feet of living area on a 7,984 square foot lot. The property is zoned LAR3 and has a unit mix of two two-bedroom/one-bath units and five one-bedroom/one-bath units. Units are separately metered for gas and electricity. The building has copper plumbing, updated electrical systems, a roof that has been replaced, and a completed soft-story retrofit. The property is located south

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$627k
Assessed land$282k
Assessed improvement$345k
Effective rate1.37%

Value estimate

· Sep 2026
$235k
$212k – $259k
AI approach$295k
NOI build-up
Gross scheduled income$13.31M
Vacancy & credit loss−$93k
Operating expenses−$5.95M
NOI · 387.63% cap applied$7.27M

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$315/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$212 – $418
Qualifying comparables16

Cap rate analysis

How does the asset earn?
387.63%
$7.27M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LAR3
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy13.0
Grocery Store11.1
Tailor Shop10.7

Location

7028 Alvern St Los Angeles, CA 90045
County assessor Recorded deeds · 6 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7344 Manchester, Los Angeles, CA 90045-2336 $3,000,000 May 2025 5,472 SF
6656 86th, Los Angeles, CA 90045-3750 $3,037,030 Nov 2023 6,328 SF
6672 86th, Los Angeles, CA 90045-3752 $3,037,030 Oct 2023 6,328 SF
6640 86th, Los Angeles, CA 90045-3748 $3,037,030 Oct 2023 6,328 SF
8747 Reading, Los Angeles, CA 90045-4677 $500,000 Mar 2023 6,880 SF
5465 Alvern, Los Angeles, CA 90045-1921 $1,250,000 Mar 2023 4,886 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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