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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Apartment buildings
929 Stanley Ave West Hollywood, CA 90046-6319
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-8574241
Property summary
AI-generated overview
This exceptional 8-unit apartment building, located at 929 N. Stanley Ave in West Hollywood, CA 90046, presents a compelling investment opportunity. The property boasts 6,334 square feet on a 5,769 square foot lot, featuring a mix of four one-bedroom and four two-bedroom units, each averaging approximately 790 square feet. Built in 1963, this two-story building sits on a fee simple lot and offers gated parking for eight vehicles and on-site laundry facilities for tenant convenience. The current occupancy is 100%, with six of the eight tenants having moved in since 2019. The property features a private front yard and select units include private balconies. Utilities are separately metered for gas and electricity
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
6,334 SF
Lot
0.13 ac (5,769 SF)
Zoning code
WDR3C*
APN
5530-023-017
UPID
US09-8574241
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
$1.57M
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.23M
Owner & transaction history
929 N Stanley Ave LLC
929 N Stanley Ave LLC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
WDR3C* · 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%
$1,700,000
6.5%
$1,570,000
7%
$1,455,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,745,000
Current use
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10% · vs last sale $1.13M (Jul 1 2025)
Last sale anchor
$1.13M
Jul 1 2025
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
$194 / 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
$12,425
Tax year 2024
Assessed value
$850,848
Assessed 2024
Previous assessed
$850,848
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$430,907
Assessed improvement
$419,941
Applied tax rate
9.0000
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
1963
Construction
WOOD
Heating
NONE
Cooling
YES
Units
8
Bathrooms
8
Total area
6,334 SF
Lot
0.13 ac (5,769 SF)
Zoning code
WDR3C*
APN
5530-023-017
UPID
US09-8574241
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WDR3C* · West Hollywood, CA
Zoning WDR3C* · permitted uses
WDR3C* · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS) Current
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
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
8
Bathrooms
8
Lot
0.13 ac
Current owner
From public records · entity-resolved
929 N Stanley Ave LLC
Entity
Mailing address
28432 CONSTELLATION RD, VALENCIA, CA 91355-5081
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
$1,134,500
929 N Stanley Ave LLC
M&e 929 N Stanley Ave LLC
Grant Deed
$1,250,000 · Jpmorgan Chase Bank NA
Oct 17, 2023
—
M&e 929 N Stanley Ave LLC
—
Deed
related
$200,000 · John Gladwin Eutx
Feb 3, 2020
—
M&e 929 N Stanley Ave LLC
Charles Ezerzer
Quit Claim Deed
related
$250,000 · Jpmorgan Chase Bank NA
Sep 24, 2019
—
Charles Ezerzer
Ezerzer Mark Trust
Quit Claim Deed
related
—
Dec 13, 2002
—
Mark Ezerzer
Ezerzer,sima
Quit Claim Deed
related
—
Sep 4, 2001
—
Ezerzer,mark & Sima Tr
Ezerzer,m & S
Quit Claim Deed
related
—
—
—
Ezerzer,tr
—
Deed Of Trust
related
$65,000 · Wells Fargo 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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