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Property profile & analytics
OFF-MARKET
Estimated value
$1,745,000
Investment properties
8017 Melrose Ave Los Angeles, CA 90046-7009
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9401378
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1931
Construction
WOOD
Total area
6,760 SF
Lot
0.11 ac (4,951 SF)
Zoning code
LAC4
APN
5527-014-004
UPID
US09-9401378
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
-
Chats de Thé Kennel & Boarding Facility
-
The Chats de Thé Green Wall Resort
-
SETHAARON (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.75M
Owner & transaction history
Melrose Ave Property LLC · 3 yrs held
Melrose Ave Property LLC
since 2022
7 recorded transactions
Zoning & alternative use
LAC4 · 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%
$2,280,000
6.5%
$2,105,000
7%
$1,955,000
Blend value · Realmo final
$1.75M
Range $1.57M – $1.92M · ±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
$258 / 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
$28,040
Tax year 2024
Assessed value
$2,269,078
Assessed 2024
Previous assessed
$2,269,078
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,502,594
Assessed improvement
$766,484
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1931
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
6,760 SF
Lot
0.11 ac (4,951 SF)
Zoning code
LAC4
APN
5527-014-004
UPID
US09-9401378
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Los Angeles, CA
Zoning LAC4 · permitted uses
LAC4 · 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
1931
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Melrose Ave Property LLC
Entity
Mailing address
9903 SANTA MONICA BLVDPMB1038, BEVERLY HILLS, CA 90212-1606
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
—
8017 Melrose Ave Property LLC
—
Deed
related
$293,372 · Pacific Premier Bank
Dec 27, 2022
—
Melrose Ave Property LLC
Sefton Warren
Grant Deed
—
Dec 19, 2007
—
8017 Melrose Ave Property LLC
Sefton Gary Y Trust
Quit Claim Deed
related
—
Dec 26, 2002
—
Sefton,tr
Sefton,warren & Lois M
Quit Claim Deed
related
—
Oct 17, 2002
—
Sefton,warren D & Lois M Tr
Sefton,w
Quit Claim Deed
related
—
Aug 2, 2002
—
Sefton,warren & Lori Tr
Sefton,w
Quit Claim Deed
related
—
Sep 6, 2001
—
Warren D Sefton
Sefton,l M
Quit Claim Deed
related
—
Oct 16, 1998
—
Sefton,gary Y Trustee
Sefton,g Y
Quit Claim Deed
related
—
Oct 6, 1998
—
Warren D Sefton
Sefton,b
Quit Claim Deed
related
—
Jan 27, 1997
—
Gary Y Sefton
Sefton,b
Quit Claim Deed
related
—
Dec 31, 1996
—
Gary Y Sefton
Sefton,b
Quit Claim Deed
related
—
Dec 30, 1996
—
Bette Sefton
Sefton B Trustee,
Quit Claim Deed
related
—
Dec 27, 1996
—
Warren D Sefton
Sefton,m & B Co-trustees
Quit Claim 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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