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Property profile & analytics
OFF-MARKET
Estimated value
$4,085,000
Apartment buildings
8736 Rangely Ave West Hollywood, CA 90048-1715
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7789228
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1924
Construction
WOOD
Total area
3,148 SF
Lot
0.23 ac (9,935 SF)
Zoning code
WDR1B*
APN
4336-005-011
UPID
US09-7789228
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
$4.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.09M
Owner & transaction history
Sp Apartments LLC · 2 yrs held
Sp Apartments LLC
since 2024
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
WDR1B* · West Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.6M
+266.7%
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
$4,085,000
ML approach
$4,085,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,595,000
Change: +267% · Conversion: Difficult
Blend value · Realmo final
$4.09M
Range $3.68M – $4.49M · ±10% · vs last sale $4.09M (Apr 23 2024)
Last sale anchor
$4.09M
Apr 23 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
$1,298 / 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
$43,980
Tax year 2024
Assessed value
$3,501,986
Assessed 2024
Previous assessed
$3,501,986
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$3,183,624
Assessed improvement
$318,362
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1924
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Units
6
Bathrooms
6
Total area
3,148 SF
Lot
0.23 ac (9,935 SF)
Zoning code
WDR1B*
APN
4336-005-011
UPID
US09-7789228
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WDR1B* · West Hollywood, CA
Zoning WDR1B* · permitted uses
WDR1B* · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$3.6M
RETAIL STORES
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
1924
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
6
Bathrooms
6
Lot
0.23 ac
Current owner
From public records · entity-resolved
Sp Apartments LLC
Entity
Mailing address
10203 SANTA MONICA BLVD, LOS ANGELES, CA 90067-6405
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2025
—
Sp Apartments LLC
—
Deed
related
$28,680,000 · Sunwest Bank
Apr 23, 2024
$4,087,000
Sp Apartments LLC
Esk Rangely LLC
Grant Deed
$2,656,550 · Cmg Mortgage INC
Mar 31, 2021
—
Esk Rangely LLC
—
Deed
related
$1,450,000 · Midfirst Bank
Jan 20, 2021
$3,300,000
Esk Rangely LLC
8736 Rangely LLC
Grant Deed
—
Jan 31, 2017
—
8736 Rangley LLC
—
Deed
related
$1,075,000 · Luther Burbank Savings
Nov 28, 2016
$2,850,000
8736 Rangely LLC
Wl Capital LLC
Grant Deed
—
Jan 28, 2014
—
Wl Capital LLC
Liang,jian W
Quit Claim Deed
related
—
Jan 8, 2014
—
Jian W Liang
Liang,jian W
Quit Claim Deed
related
—
Oct 29, 2012
$2,235,000
Jian W Liang
Distefano,anthony F JR
Grant Deed
—
Aug 26, 1998
—
Anthony F Distefano
Distefano,a
Quit Claim Deed
related
—
Aug 6, 1998
—
Anthony Distefano
Distefano,a F
Quit Claim Deed
related
—
Dec 23, 1993
—
Anderson John W Decd Est Of
—
Deed Of Trust
related
—
—
—
Anthony Distefano
—
Deed Of Trust
related
$237,250 · World Savings 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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