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    Property profile & analytics

    Los Angeles, CA 90064

    • Apartment buildings
    • 4,400 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9567470
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details

    Year built
    1957
    Lot size
    0.10 lot acres
    Property size
    4,400 SF
    Zone code
    LAC2
    Property type
    Apartment buildings
    APN
    4259-028-008
    APU
    4259028008

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.453
    Latitude
    34.0284
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $102,782
    $3,208,677
    $5,325,040
    $8,533,717
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $485,000
      32,493 SF

      2201 Beverly Gln Blvd

      APARTMENT HOUSE (5+ UNITS) • 32,493 SF
      2201 Beverly Gln Blvd, Los Angeles, CA 90064-2415
      View Details
    • Value Estimation
      $350,000
      5,853 SF

      2361 Kerwood Ave

      APARTMENT HOUSE (5+ UNITS) • 5,853 SF
      2361 Kerwood Ave, Los Angeles, CA 90064-2689
      View Details
    • Value Estimation
      $325,000
      8,986 SF

      3431 Clb Dr

      APARTMENT HOUSE (5+ UNITS) • 8,986 SF
      3431 Clb Dr, Los Angeles, CA 90064-4846
      View Details
    • Value Estimation
      $380,000
      6,624 SF

      11605 National Blvd

      APARTMENT HOUSE (5+ UNITS) • 6,624 SF
      11605 National Blvd, Los Angeles, CA 90064-3801
      View Details
    • Value Estimation
      $55,000
      4,070 SF

      12331 Pico Blvd

      APARTMENT HOUSE (5+ UNITS) • 4,070 SF
      12331 Pico Blvd, Los Angeles, CA 90064
      View Details
    • Value Estimation
      $795,000
      59,369 SF

      2600 Overland Ave

      APARTMENT HOUSE (5+ UNITS) • 59,369 SF
      2600 Overland Ave, Los Angeles, CA 90064-3254
      View Details

    Similar Nearby for Sale

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      0.13 Acres

      Ready-to-Build Multifamily Project in Los Angeles

      Shovel-ready 15-unit multifamily project in prime West LA location.
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      Luxury Loft Style Condo

      Remodeled two-story condo with open floor plan and upgrades.
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    • $1,095,000
      1,650 SF

      Renovated Condo Near Rancho Park

      Spacious, renovated 2-bedroom condo near Rancho Park and Cheviot Hills.
      2307 Fox Hills Dr, Los Angeles, CA 90064
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    • $3,750,000
      8,745 SF

      2524 Sepulveda Blvd

      Multifamily properties • 8,745 SF
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    • $1,465,000
      1,711 SF

      Rancho Park Vacant Duplex

      Charming, fully vacant duplex in Rancho Park, West Los Angeles.
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      View Details
    • $1,650,000
      2,881 SF

      West Los Angeles Triplex Opportunity

      Triplex in West Los Angeles with expansion potential.
      2450 Corinth Ave, Los Angeles, CA 90064
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      6,000 SF

      West LA Office & Retail Space

      Executive suites, flexible layouts, prime location.
      10931 Pico Blvd, Los Angeles, CA 90064
      View Details
    • $4 SF/Yr
      5,920 SF

      Los Angeles Executive Office Suites

      Prime LA Office Space Available Now
      11701 Gateway Blvd, Los Angeles, CA 90064
      View Details
    • Contact for pricing
      3,780 SF

      West Los Angeles Retail Space

      Prime retail space available for lease in West Los Angeles.
      10773 West Pico Blvd, Los Angeles, CA 90064
      View Details
    • $1.95 SF/Yr
      72,000 SF

      Creative Office Space Available

      Creative office spaces with high ceilings, natural light, and modern amenities.
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      View Details
    • Contact for pricing

      Industrial Property Leased in Los Angeles

      Industrial property in Los Angeles, currently 100% leased.
      2221 Barry Ave, Los Angeles, CA 90064
      View Details
    • $2 SF/Yr
      1,739 SF

      West LA Office Sublease

      1,739 SF office space in West LA.
      11900 W Olympic Blvd, Los Angeles, CA 90064
      View Details
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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