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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
High-rise multifamily apartments
737 Ardmore Ave Los Angeles, CA 90005
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7348428
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2003
Construction
WOOD
Total area
48,425 SF
Lot
0.47 ac (20,274 SF)
Zoning code
LAR4
APN
5093-025-101
UPID
US09-7348428
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$990k
Owner & transaction history
Post Group X Ardmore LP · 7 yrs held
Post Group X Ardmore LP
since 2019
7 recorded transactions
Zoning & alternative use
LAR4 · 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
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±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
$20 / 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
$3,767
Tax year 2024
Assessed value
$7,983,615
Assessed 2024
Previous assessed
$7,983,615
+0.0% YoY
Effective rate
0.05%
On assessed value
Assessed land
$5,987,712
Assessed improvement
$1,995,903
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
2003
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
48
Bathrooms
80
Total area
48,425 SF
Lot
0.47 ac (20,274 SF)
Zoning code
LAR4
APN
5093-025-101
UPID
US09-7348428
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR4 · Los Angeles, CA
Zoning LAR4 · permitted uses
LAR4 · 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
2003
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
48
Bathrooms
80
Lot
0.47 ac
Current owner
From public records · entity-resolved
Post Group X Ardmore LP
Entity
Mailing address
69 NW NEWPORT AVE STE #200, BEND, OR 97703-2286
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Apr 10, 2019
$7,300,000
Post Group X Ardmore LP
Ardmore City Lights
Grant Deed
$5,101,000 · Wells Fargo Bank NA
Feb 7, 2002
—
Ardmore City Lights
—
Trustees Deed
related
$5,623,324 · Hanmi Bank
May 3, 2001
—
Cy L Ardmore
Advanced,dev & Inv
Grant Deed
related
—
Apr 20, 2001
$760,000
Development Advanced
747 Ardmore Partners
Grant Deed
—
Dec 7, 1990
$1,200,000
Ardmore Part 747
Hong Weifield Ar
Grant Deed
—
Jan 6, 1989
$700,000
Weifield Ar Hong
Hershey Francine
Grant Deed
—
—
—
Ardmore City Lights LP
—
Deed Of Trust
related
$580,342 · First Union National Bank
—
—
Ardmore City Lights
—
Deed Of Trust
related
$1,521,086 · California Community Reinv Co
—
—
Ardmore City Lights
—
Deed Of Trust
related
$203,592 · California Housing Finance Agy
Aug 30, 1967
$4,000
—
—
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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