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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Motels
9116 Vermont Ave Los Angeles, CA 90044-4838
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7997500
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1920
Construction
WOOD
Total area
1,576 SF
Lot
0.12 ac (5,209 SF)
Zoning code
LAC2
APN
6039-001-021
UPID
US09-7997500
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
$1.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.06M
Owner & transaction history
Durand Sherman LLC · 2 yrs held
Durand Sherman LLC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$855,000
+27.8%
Office building
$790,000
+18.0%
Medical building
$720,000
+7.1%
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
$1,035,000
ML approach
$1,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$670,000
Current use
AUTO REPAIR, GARAGE
$855,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$790,000
Change: +18% · Conversion: Difficult
MEDICAL BUILDING
$720,000
Change: +7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$665,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $1.10M (Oct 5 2023)
Last sale anchor
$1.10M
Oct 5 2023
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
$673 / 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
$13,615
Tax year 2024
Assessed value
$1,100,000
Assessed 2024
Previous assessed
$1,100,000
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,100,000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Buildings
2
Stories
1
Units
2
Bathrooms
1
Total area
1,576 SF
Lot
0.12 ac (5,209 SF)
Zoning code
LAC2
APN
6039-001-021
UPID
US09-7997500
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · Los Angeles, CA
Zoning LAC2 · permitted uses
LAC2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$670,000
AUTO REPAIR, GARAGE
Est. value
$855,000
OFFICE BUILDING
Est. value
$790,000
MEDICAL BUILDING
Est. value
$720,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$665,000
HOTEL/MOTEL Current
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
1920
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
2
Units
2
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Durand Sherman LLC
Entity
Mailing address
3809 HOLLYLINE AVE, SHERMAN OAKS, CA 91423-4601
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2026
—
Durand Sherman LLC
—
Deed
related
$3,140,000 · Spreo Capital Manager LLC
Oct 5, 2023
$1,100,000
Durand Sherman LLC
2837 San Marino Street LLC
Grant Deed
$3,490,000 · Spreo Capital Manager LLC
May 4, 2023
—
2837 San Marino Street LLC
—
Deed
related
$400,000 · Schmuel Jewish Foundation
May 11, 2022
$585,000
2837 San Marino Street LLC
Tomas Garcia
Grant Deed
$438,750 · Red Dragon Investments
Jun 29, 2006
—
Tomas Garcia
Ibarra,dolores
Grant Deed
$330,000 · Equifirst Corp
Jun 1, 2001
—
Dolores Ibarra
Ibarra,f
Quit Claim Deed
related
—
Jun 1, 2001
$180,000
Dolores Ibarra
Residential Revitalization
Grant Deed
$177,219 · Marina Mortgage
May 26, 2000
$88,000
Residential Revitalization
Hud
Grant Deed
$92,000 · Irwin Trust
Nov 6, 1998
—
H Dev
Chase Manhattan Mtg,
Grant Deed
related
—
Mar 30, 1998
$171,602
Chase Manhattan Mortgage Corp
Plascencia,pedro
Trustees Deed
related
—
May 2, 1997
$165,000
Pedro Plascencia
Billones,edwin
Grant Deed
$160,812 · Professional Inv & Fin'l Group
Oct 21, 1996
—
Edwin Billones
Billones,c
Quit Claim Deed
related
—
Oct 21, 1996
$90,000
Billones,edwin
Federal National Mortgage Assn
Trustees Deed
$95,400 · Falcon Mortgage
Aug 12, 1996
$99,000
Federal National Mortgage Assn
Ramirez,gabriel R
Trustees Deed
related
—
Aug 30, 1993
—
Gelacio Velazquez
Ramirez,gabriel
Quit Claim Deed
related
—
Aug 26, 1991
$138,000
Gabriel Ramirez
Aguilar,jose Z
Grant Deed
$124,200 · Colonial National Bank
—
—
Edwin Billones
—
Deed Of Trust
related
$14,000 · Falcon Mortgage
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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