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Property profile & analytics
OFF-MARKET
Retail space
10542 Burbank Blvd North Hollywood, CA 91601-2221
Entity Owned
Free & Clear
Property ID
US09-8633644
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1966
Construction
TILT-UP CONCRETE
Total area
1,250 SF
Lot
0.06 ac (2,625 SF)
Zoning code
LAC2
APN
2417-001-006
UPID
US09-8633644
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
-
CR8space Art Studio & Creativity Workshop Art Studio
-
Vonderland Studios, inc. Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Studio NOHO Art Studio Art Gallery
-
The Avant-Garde Program at CR8space Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
In Explanation LLC
In Explanation LLC
since 2026
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
LAC2 · North 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 North Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,071
Tax year 2024
Assessed value
$654,247
Assessed 2024
Previous assessed
$654,247
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$426,684
Assessed improvement
$227,563
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
1,250 SF
Lot
0.06 ac (2,625 SF)
Zoning code
LAC2
APN
2417-001-006
UPID
US09-8633644
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · North Hollywood, CA
Zoning LAC2 · permitted uses
LAC2 · North Hollywood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Hollywood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
In Explanation LLC
Entity
Free & Clear · 0 yrs held
Mailing address
10542 BURBANK BLVD, NORTH HOLLYWOOD, CA 91601-2221
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2026
$1,025,000
In Explanation LLC
Vonderlinn LLC
Grant Deed
—
Oct 5, 2016
$575,000
Vonderlinn LLC
Comfort Essah
Grant Deed
$488,700 · Wells Fargo Bank NA
Aug 7, 2013
—
Essah Comfort Tr
Beckett Joanna 2011 Trust
Quit Claim Deed
—
Jul 26, 2012
—
Beckett Joanna 2011 Trust
Beckett,joanna
Quit Claim Deed
related
—
Jul 3, 2007
—
Joanna Beckett
Beckett,joanna
Quit Claim Deed
related
$60,000 · Steven Nemeth
Sep 16, 2005
—
Joanna Beckett
Beckett Isata Trust
Quit Claim Deed
related
—
Oct 26, 2004
—
Beckett Isata Trust
Beckett,isata
Quit Claim Deed
related
—
Aug 27, 2004
—
Beckett Isata Trust
Beckett,isata
Quit Claim Deed
related
—
Sep 25, 2003
—
Isata Beckett
Essah,godwin E
Grant Deed
related
—
Feb 7, 2003
$150,000
Godwin Essah
Romprey,ross E & Lola L
Grant Deed
$100,000 · Ross E & Lola L Romprey
Jan 31, 1997
$476,000
Ross E Rompey
American Pacific State Bank
Grant Deed
$79,475 · American Pacific State Bank
Apr 23, 1996
$135,160
American Pacific State Bank
Schmidt,marilyn
Trustees Deed
related
—
—
—
Marilyn Schmidt
—
Deed Of Trust
related
$150,000 · American Pacific State Bank
—
—
Marilyn Schmidt
—
Deed Of Trust
related
$11,807 · Radstone Mack W&
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
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