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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Apartment buildings
862 126th St Los Angeles, CA 90044-3859
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7554041
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Total area
5,320 SF
Lot
0.18 ac (7,761 SF)
Zoning code
LAR3
APN
6117-018-043
UPID
US09-7554041
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
$2.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.60M
Owner & transaction history
Allena Apartments LP · 2 yrs held
Allena Apartments LP
since 2024
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
LAR3 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.9M
+174.4%
Office building
$2.7M
+153.3%
Medical building
$2.4M
+129.9%
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
$2,600,000
ML approach
$2,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,890,000
Change: +174% · Conversion: Difficult
OFFICE BUILDING
$2,670,000
Change: +153% · Conversion: Moderate
MEDICAL BUILDING
$2,425,000
Change: +130% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,255,000
Change: +114% · Conversion: Difficult
Blend value · Realmo final
$2.60M
Range $2.34M – $2.86M · ±10% · vs last sale $2.60M (Jan 18 2024)
Last sale anchor
$2.60M
Jan 18 2024
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
$489 / 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
$5,121
Tax year 2024
Assessed value
$268,948
Assessed 2024
Previous assessed
$268,948
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$107,577
Assessed improvement
$161,371
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1963
Heating
NONE
Units
7
Bathrooms
8
Total area
5,320 SF
Lot
0.18 ac (7,761 SF)
Zoning code
LAR3
APN
6117-018-043
UPID
US09-7554041
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Los Angeles, CAZoning LAR3 · permitted uses
LAR3 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Units
7
Bathrooms
8
Lot
0.18 ac
Current owner
From public records · entity-resolved
Allena Apartments LP
Entity
Mailing address
26527 AGOURA RD STE #200, CALABASAS, CA 91302-2994
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2024
$2,600,000
Allena Apartments LP
126th Street LLC
Grant Deed
$2,000,000 · Jpmorgan Chase Bank NA
Jul 9, 2021
—
126th Street LLC
—
Deed
related
$615,000 · Silvergate Bank
May 1, 2003
—
126th Street LLC
—
Deed Of Trust
related
$525,000 · Gilmore Bank
Dec 18, 1998
$350,000
126th Street LLC
Quaker City Federal S & L
Grant Deed
$280,000 · Quaker City Federal S & L
May 19, 1998
$200,000
Quaker City Federal S & L
Mccray-roberts,iva C
Trustees Deed
related
—
Oct 28, 1988
—
Kermit L Roberts
Mccra
Quit Claim Deed
related
$43,750 · Citizens Thrift & Loan
—
—
126th Street LLC
—
Deed Of Trust
related
$710,000 · Silvergate Bank
—
—
Kermit L Roberts
—
Deed Of Trust
related
$85,000 · Quaker City Federal S & L
—
—
Mc Cray Trust
—
Deed Of Trust
related
$96,000 · Los Angeles Dept Of Housing
—
—
126th St LLC
—
Deed Of Trust
related
$275,000 · Gilmore Bank
—
—
Iva C Roberts
—
Deed Of Trust
related
$38,500 · Fidelity Federal Bank
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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