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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Turn key restaurants
945 Fairfax Ave West Hollywood, CA 90046-7203
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8680238
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1954
Construction
TILT-UP CONCRETE
Total area
4,360 SF
Lot
0.45 ac (19,653 SF)
Zoning code
WDC2D*
APN
5529-020-048
UPID
US09-8680238
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
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$615k
Owner & transaction history
Loren Lee Dunsworth · 5 yrs held
Loren Lee Dunsworth
since 2021
Last sale
$658,590
7 recorded transactions
Zoning & alternative use
WDC2D* · 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
$500,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $659k (May 27 2021)
Last sale anchor
$659k
May 27 2021
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
$141 / 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
$16,194
Tax year 2024
Assessed value
$1,012,848
Assessed 2024
Previous assessed
$1,012,848
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$876,073
Assessed improvement
$136,775
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1954
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Total area
4,360 SF
Lot
0.45 ac (19,653 SF)
Zoning code
WDC2D*
APN
5529-020-048
UPID
US09-8680238
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WDC2D* · West Hollywood, CA
Zoning WDC2D* · permitted uses
WDC2D* · 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
1954
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
0.45 ac
Current owner
From public records · entity-resolved
Loren Lee Dunsworth
Individual
Mailing address
835 S TREMAINE AVE, LOS ANGELES, CA 90005-3850
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2021
—
Loren Lee Dunsworth
Loren Lee Dunsworth
Intrafamily Transfer
related
$681,000 · Commercial Bank Of Ca
Apr 15, 2019
—
Dunsworth L 2002 Family Trust Of
—
Deed
related
$785,372 · Commercial Bk/ca
Oct 4, 2013
—
Dunsworth,l 2002 Trust
Dunsworth INC
Quit Claim Deed
related
—
Jan 11, 1999
$658,590
Dunsworth INC
Canadian Pacific Properties In
Grant Deed
$517,000 · City National Bank
Feb 10, 1998
$500,000
Canadian Pacific Properties
Terrail,patrick A
Trustees Deed
—
—
—
Dunsworth L 2002 Family Trust Of
—
Loan Modification
related
$785,372 · Commercial Bk/ca
—
—
Dunsworth,l 2002 Family Trust
—
Deed Of Trust
related
$750,000 · National Bk/ca
—
—
Dunsworth INC
—
Deed Of Trust
related
$362,728 · Petrea Investments Ltd
—
—
Dunsworth INC
—
Deed Of Trust
related
$125,000 · City National Bank
—
—
Dunsworth INC
—
Deed Of Trust
related
$635,000 · Gilmore 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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