Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,555,000
Hotels
729 Main St Los Angeles, CA 90014-2012
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0481758
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1994
Construction
TILT-UP CONCRETE
Total area
30,942 SF
Lot
0.21 ac (8,996 SF)
Zoning code
LAC2
APN
5144-015-054
UPID
US10-0481758
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
-
Senator Hotel Hotel & Motel
-
Desines by Jerry (Bike/Boat/Book/etc) Store
-
Student Body Scholarship Association College
-
BRODEE-ENTERPRISES Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Los Angeles CA Property Management Company Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.56M
Owner & transaction history
Hart District Properties LLC · 1 yrs held
Hart District Properties LLC
since 2024
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,615,000
6.5%
$6,105,000
7%
$5,670,000
Blend value · Realmo final
$5.56M
Range $5.00M – $6.11M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$180 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,645
Tax year 2023
Assessed value
$7,600,837
Assessed 2024
Previous assessed
$7,487,802
+1.5% YoY
Effective rate
0.10%
On assessed value
Assessed land
$4,374,583
Assessed improvement
$3,226,254
Applied tax rate
13.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1994
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Bathrooms
95
Total area
30,942 SF
Lot
0.21 ac (8,996 SF)
Zoning code
LAC2
APN
5144-015-054
UPID
US10-0481758
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
1994
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Bathrooms
95
Lot
0.21 ac
Current owner
From public records · entity-resolved
Hart District Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
9744 E WILSHIRE BLVD STE #300, BEVERLY HILLS, CA 90212-1813
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2024
$300,000
Hart District Properties LLC
Hereby Remises
Quit Claim Deed
related
—
Jan 25, 2024
—
Empire Brokerage & Real Estate Svcs
—
Deed
related
$10,428,730 · City Of Los Angeles
Jan 2, 2024
—
Empire Brokerage & Real Estate Svcs
—
Deed
related
$10,000 · City Of Los Angeles
Jul 3, 2023
—
Kevin Singer
—
Deed
related
$10,000,000 · City Of Los Angeles
Dec 21, 2018
—
Senator 2015 LP
Senator Apartments LP
Grant Deed
$1,657,767 · The Skid Row Housing Trust
Dec 6, 1991
$1,500,000
Apartmen
Kim,young K
Grant Deed
$2,213,992 · Community Redev Agency
—
—
Carey L Senato
—
Deed Of Trust
related
$99,750 · Trans Capital Mortgage INC
—
—
Senator 2015 LP
—
Loan Modification
related
$10,707,594 · Miscellaneous Govt Agcy
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 729 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
