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Property profile & analytics
OFF-MARKET
Estimated value
$5,915,000
High-rise multifamily apartments
711 Western Ave Los Angeles, CA 90005
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7669077
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2019
Construction
WOOD
Total area
188,130 SF
Lot
1.11 ac (48,267 SF)
Zoning code
LAC2
APN
5093-004-068
UPID
US09-7669077
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
-
Rele, Los Angeles Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.92M
Owner & transaction history
1105 Adams LLC · 12 yrs held
1105 Adams LLC
since 2014
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
$31 / 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
$971,088
Tax year 2024
Assessed value
$79,509,799
Assessed 2024
Previous assessed
$79,509,799
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$10,215,522
Assessed improvement
$69,294,277
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
2019
Construction
WOOD
Heating
NONE
Units
160
Bathrooms
8
Total area
188,130 SF
Lot
1.11 ac (48,267 SF)
Zoning code
LAC2
APN
5093-004-068
UPID
US09-7669077
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
2019
Construction
WOOD
Heating
NONE
Units
160
Bathrooms
8
Lot
1.11 ac
Current owner
From public records · entity-resolved
1105 Adams LLC
Entity
Mailing address
3470 WILSHIRE BLVD7THFL, LOS ANGELES, CA 90010-2207
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2019
—
1105 Adams LLC
—
Loan Modification
related
$47,950,000 · Comerica Bk
Mar 15, 2017
—
1150 Adams LLC
—
Grant Deed
related
$40,000,000 · Comerica Bk
May 16, 2014
$7,000,000
1105 Adams LLC
Park,yeon H & Si Y
Trustees Deed
$4,800,000 · Commonwealth Busn Bk
Nov 1, 2012
—
Park,yeon H & Si Y
—
Grant Deed
related
$4,000,000 · Hana Small Busn Lndg
Dec 28, 2011
—
Park,yeon H & Si Y
—
Grant Deed
related
$3,350,000 · Wilshire St Bk
Oct 17, 2003
—
Yeon H Park
—
Deed Of Trust
related
$1,100,000 · Wilshire State Bank
Jun 18, 1999
—
Yeon H Park
Si,yeon Park
Quit Claim Deed
related
—
—
—
Park,yeon H & Si Y
—
Deed Of Trust
related
$4,000,000 · Hana Small Busn Lndg
—
—
Yeon H Park
—
Deed Of Trust
related
$600,000 · Wilshire State Bank
—
—
Yeon H Park
—
Deed Of Trust
related
$150,000 · Wilshire State Bank
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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