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Property profile & analytics
OFF-MARKET
Estimated value
$4,545,000
Community centers
8539 Sunset Blvd West Hollywood, CA 90069-2334
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8571344
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1985
Construction
TILT-UP CONCRETE
Total area
21,662 SF
Lot
0.43 ac (18,910 SF)
Zoning code
LAR1
APN
5559-019-028
UPID
US09-8571344
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.55M
Owner & transaction history
Corvus Investments LLC · 3 yrs held
Corvus Investments LLC
since 2023
7 recorded transactions
Zoning & alternative use
LAR1 · West Hollywood, 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 West Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Hollywood 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
$210 / 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
$74,987
Tax year 2024
Assessed value
$5,453,704
Assessed 2024
Previous assessed
$5,453,704
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$1,309,415
Assessed improvement
$4,144,289
Applied tax rate
1.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
21,662 SF
Lot
0.43 ac (18,910 SF)
Zoning code
LAR1
APN
5559-019-028
UPID
US09-8571344
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR1 · West Hollywood, CAZoning LAR1 · permitted uses
LAR1 · West Hollywood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Corvus Investments LLC
Entity
Mailing address
6310 SAN VICENTE BLVD #401, LOS ANGELES, CA 90048-5426
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2023
—
Corvus Investments LLC
Theodore H Ravan
Grant Deed
—
Aug 26, 2022
—
Under Vanity LLC
Tatiana Hekmatravan
Intrafamily Transfer
related
—
Jun 15, 2022
—
Hamid H Ravan
Christine Ravan
Intrafamily Transfer
related
$7,000,000 · City National Bank
Feb 15, 2022
—
Hr Sunset Property LLC
Hekmat Hekmatravan
Grant Deed
—
Jan 26, 2022
—
Parigol LLC
Hamid H Ravan
Grant Deed
—
Nov 8, 2021
—
Hamid H Ravan
Sunset Collection LLC
Grant Deed
—
Nov 1, 2017
—
Sunset Collection LLC
—
Deed
related
$4,400,000 · City National Bank
Mar 22, 2004
—
Hekmatravan,tr
Hekmatravan,tr
Quit Claim Deed
related
—
Nov 17, 1999
—
Hekmatravan Moussa Co Tr Gt Al H
—
Deed Of Trust
related
—
Sep 24, 1997
—
Ravan Hamid H Co Tr Et Al
—
Deed Of Trust
related
—
Aug 20, 1992
—
Hekmatravan Hekmat Co Tr Et Al
—
Deed Of Trust
related
—
—
—
Sunset Collection LLC
—
Deed Of Trust
related
$4,400,000 · Equitrust Life Insurance Co
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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