Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$82,605,000
Hotels
9620 Airport Blvd Los Angeles, CA 90045-5402
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7305492
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1991
Construction
CONCRETE
Total area
286,309 SF
Lot
2.62 ac (114,053 SF)
Zoning code
LAC2
APN
4125-023-034
UPID
US09-7305492
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
-
Renaissance Los Angeles Airport Hotel Hotel & Motel
-
Andres Auto Care & ToeTrucks Auto Parts Store
-
NU Auto Rental Car Rental Facility
-
Studio 12 Bar & Lounge Restaurant
-
Greencar Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$56.49M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$82.61M
Owner & transaction history
9620 Airport Blvd Owner LLC · 5 yrs held
9620 Airport Blvd Owner LLC
since 2020
Last sale
$91.5M
6 recorded transactions
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$130.4M
+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
$90,920,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$61,200,000
6.5%
$56,490,000
7%
$52,455,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$121,740,000
Current use
MEDICAL BUILDING
$130,430,000
Change: +7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$121,255,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$117,550,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$82.61M
Range $74.34M – $90.87M · ±10% · vs last sale $91.50M (Dec 9 2020)
Last sale anchor
$91.50M
Dec 9 2020
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
$289 / 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
$1,202,465
Tax year 2024
Assessed value
$95,994,075
Assessed 2024
Previous assessed
$95,994,075
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$13,052,858
Assessed improvement
$82,941,217
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1991
Construction
CONCRETE
Heating
NONE
Stories
1
Units
508
Total area
286,309 SF
Lot
2.62 ac (114,053 SF)
Zoning code
LAC2
APN
4125-023-034
UPID
US09-7305492
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
$121.7M
MEDICAL BUILDING
Est. value
$130.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$121.3M
RETAIL STORES
Est. value
$117.6M
HOTEL/MOTEL Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1991
Construction
CONCRETE
Heating
NONE
Stories
1
Units
508
Lot
2.62 ac
Current owner
From public records · entity-resolved
9620 Airport Blvd Owner LLC
Entity
Mailing address
2029 CENTURY PARK E STE #2100, LOS ANGELES, CA 90067-3007
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2020
$91,500,000
9620 Airport Blvd Owner LLC
Sunstone La Airport LLC
Grant Deed
$64,350,000 · Clmg Corp
Jul 2, 2009
—
Sunstone La Airport LLC
—
Deed Of Trust
related
$38,080,000 · Citicorp North America
Jun 26, 2009
—
Sunstone La Airport LLC
Wsrh Lax Airport LLC
Grant Deed
$38,080,000 · Citicorp N America
Jun 29, 2005
—
Wsrh Lax Airport LLC
Hotel Property Investments INC
Grant Deed
$22,000,000 · Column Financial INC
Jul 7, 1995
—
Hotel Property Investements INC
—
Deed Of Trust
related
—
—
—
Wsrh Lax Airport LLC
—
Deed Of Trust
related
$65,639,470 · Sunstone Holdco 6 LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9620 Airport Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
