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Property profile & analytics
FOR LEASE
Investment properties
8704 Santa Monica Blvd West Hollywood, CA 90069
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8683126
For Lease
1 / 2
$2,670,000
8704 Santa Monica Blvd, West Hollywood, CA 90069
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1989
Construction
TILT-UP CONCRETE
Total area
16,927 SF
Lot
0.12 ac (5,074 SF)
Zoning code
WDC1A*
APN
4337-013-017
UPID
US09-8683126
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
$3.04M
Blend (final)
Blend
$2.67M
Owner & transaction history
8700 Monica LLC · 7 yrs held
8700 Monica LLC
since 2018
7 recorded transactions
Zoning & alternative use
WDC1A* · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.67M
Range $2.40M – $2.94M · ±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
$158 / 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
$94,393
Tax year 2024
Assessed value
$7,509,671
Assessed 2024
Previous assessed
$7,509,671
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$4,323,750
Assessed improvement
$3,185,921
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
16,927 SF
Lot
0.12 ac (5,074 SF)
Zoning code
WDC1A*
APN
4337-013-017
UPID
US09-8683126
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WDC1A* · West Hollywood, CA
Zoning WDC1A* · permitted uses
WDC1A* · West Hollywood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Hollywood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
8700 Monica LLC
Entity
Free & Clear · 7 yrs held
Mailing address
8424 W SANTA MONICA BLVD #804, WEST HOLLYWOOD, CA 90069-6233
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Aug 22, 2018
—
8700 Monica LLC
W-holly LP
Grant Deed
—
Dec 22, 2016
$26,000,000
8700 Monica LLC
W Holly Limited Partnership
Grant Deed
—
Sep 24, 2014
—
James H Gosnell
Gosnell,kerri
Quit Claim Deed
related
—
Mar 19, 2010
—
W-holly LP
—
Deed Of Trust
related
$13,825,000 · Resource Real Estate INC
Apr 27, 2007
—
W Holly LP
Universal Fellowship Of Metropolita
Grant Deed
—
Mar 2, 1999
—
Universal Fellowship Of Metrop
—
Deed Of Trust
related
$2,350,000 · Preferred Bank
Jun 18, 1996
—
Universal Fellowship Of
—
Trustees Deed
related
$1,250,000 · Carlin Trust
May 30, 1996
—
Pacific Edge Real Estate
Berschneider,r & M
Grant Deed
related
—
May 26, 1988
—
Rol Berschneider
—
Deed Of Trust
related
$1,656,000 · Unity Savings & Loan
—
—
Universal Fellowship Churches
—
Deed Of Trust
related
$261,500 · Grubb & Ellis Co
—
—
Universal Fellowship Churches
—
Deed Of Trust
related
$750,000 · Roy Muranaka Trustee
—
—
Universal Fellowship Churches
—
Deed Of Trust
related
$538,500 · Us Small Business Admn
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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