Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    721 Edinburgh Ave Los Angeles, CA 90046-7018
    Back to Search
    Property profile & analytics

    721 Edinburgh Ave, Los Angeles, CA 90046-7018

    View on Map
    • Apartment buildings
    • 4,018 SF
    • 0.15 lot acres
    Off-Market
    Property ID
    US09-6350887
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 721 Edinburgh Ave

    Year built
    1959
    Construction
    WOOD
    Lot size
    0.15 lot acres
    Zone code
    LARD1.5
    Property type
    Apartment buildings
    APN
    5527-014-015
    APU
    5527014015

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 7, 2006 — Shaya Berkowitz Bastomski,isidor & Frieda Grant Deed —
    Apr 30, 2004 — Shaye Berkowitz Bastomski,isidor & Frieda Grant Deed · related —
    Apr 23, 2004 — Bastomski,tr Bastomski,tr Quit Claim Deed · related —
    Jan 31, 2002 — Isidor Bastomski Bastomski,i & F Tr Quit Claim Deed · related —
    Dec 20, 2001 — Shaya Berkowitz Bastomski,i & F Grant Deed · related —
    Mar 1, 2001 $619,000 Isidor Bastomski Stavchansky,bella Grant Deed $464k · Standard Savings Bank
    Jul 29, 1999 $520,000 Bella Stavchansky R Y S Properties LP Grant Deed $350k · World Savings Bank
    Nov 17, 1994 — Props Rys Berger,a B Quit Claim Deed · related —
    Sep 23, 1994 $320,000 Berger,anna B Klein Trust Trustees Deed $220k · Home Savings Of America
    Sep 23, 1994 — Klein,kenneth Trustee Klein,k Quit Claim Deed · related —
    Jan 7, 1993 — Kenneth Klein — Deed Of Trust · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.364
    Latitude
    34.0844
    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
    $11,974
    $590,913
    $323,519
    $914,432
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      8,870 SF

      7627 Norton Ave

      APARTMENT HOUSE (5+ UNITS)
      7627 Norton Ave, West Hollywood, CA 90046-5425
      View Details
    • Value Estimation by Request
      9,205 SF

      7554 Norton Ave

      APARTMENT HOUSE (5+ UNITS)
      7554 Norton Ave, West Hollywood, CA 90046-5509
      View Details
    • Value Estimation
      $625,000
      14,103 SF

      7969 Norton Ave

      APARTMENT HOUSE (5+ UNITS)
      7969 Norton Ave, West Hollywood, CA 90046-5268
      View Details
    • Value Estimation by Request
      7,610 SF

      854 Edinburgh Ave

      APARTMENT HOUSE (5+ UNITS)
      854 Edinburgh Ave, Los Angeles, CA 90046-6904
      View Details
    • Value Estimation
      $2,605,000
      80,780 SF

      847 Edinburgh Ave

      APARTMENT HOUSE (5+ UNITS)
      847 Edinburgh Ave, Los Angeles, CA 90046
      View Details
    • Value Estimation by Request
      9,100 SF

      1525 Detroit St

      APARTMENT HOUSE (5+ UNITS)
      1525 Detroit St, Los Angeles, CA 90046-3213
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,580 SF

      West Hollywood Multifamily Investment Opportunity

      18-unit apartment building near Sunset Strip with assumable debt.
      1429 N Havenhurst Dr, West Hollywood, CA 90046
      View Details
    • Contact for pricing

      West Hollywood Adjacent Income Property

      Seven-unit building with owner's unit and value-add potential.
      1406 N Vista St North, Los Angeles, CA 90046
      View Details
    • $24,345,000

      Los Angeles Multifamily Portfolio

      64 units in prime Los Angeles markets with assumable financing.
      1429 Havenhurst Dr, West Hollywood, CA 90046
      View Details
    • $6,950,000
      16,780 SF

      West Hollywood 19-Unit Apartment Building

      Turnkey multifamily property in a desirable West Hollywood location.
      Norton Ave, West Hollywood, CA 90046
      View Details
    • $4,600,000
      9,296 SF

      West Hollywood 10-Unit Apartment Building

      Upgraded 10-unit apartment building in prime West Hollywood location.
      Ogden Dr, West Hollywood, CA 90046
      View Details
    • New
      $3,195,000
      Pending

      French Normandy Multifamily in Los Angeles

      French Normandy style multifamily property in prime Los Angeles location.
      8016 Selma Ave, Los Angeles, CA 90046
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,927 SF

      Fully Leased Retail Property

      Retail property at a prime location, currently 100% leased.
      7441-7445 W Sunset Blvd, Los Angeles, CA 90046
      View Details
    • Contact for pricing

      Leased Retail Property on Melrose

      100% leased retail property located on Melrose Avenue.
      7207 Melrose Ave, Los Angeles, CA 90046
      View Details
    • Contact for pricing

      Retail Space on Santa Monica Blvd

      Retail space with high visibility and secured parking.
      7617 Santa Monica Blvd, West Hollywood, CA 90046
      View Details
    • Contact for pricing

      Retail Space on Santa Monica

      Single tenant retail space available for rent, 980 SqFt.
      8264 Santa Monica Blvd, West Hollywood, CA 90046
      View Details
    • Contact for pricing

      Leased Industrial Property in West Hollywood

      100% leased industrial property in West Hollywood, CA.
      7321-7327 Santa Monica Blvd, West Hollywood, CA 90046
      View Details
    • Contact for pricing
      3,349 SF

      Melrose Avenue Retail/Office Space

      Retail/office building available on Melrose Avenue in Los Angeles.
      7519-7521 Melrose Ave, Los Angeles, CA 90046
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    721 Edinburgh Ave
    Los Angeles, CA 90046-7018
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    721 Edinburgh Ave, Los Angeles, CA, 90046
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!