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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Apartment buildings
10626 Landale St North Hollywood, CA 91602-2317
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7695964
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1951
Construction
WOOD
Total area
4,846 SF
Lot
0.21 ac (9,120 SF)
Zoning code
LAR3
APN
2423-003-017
UPID
US09-7695964
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
$1.87M
CAP Approach
CAP
$1.20M
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$1.85M
Owner & transaction history
Rivland LLC
Rivland LLC
since 2025
7 recorded transactions
Zoning & alternative use
LAR3 · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.0M
+120.4%
Retail stores
$2.5M
+88.5%
Office building
$2.4M
+78.6%
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
Method
Estimation
Statistic approach
$1,870,000
ML approach
$1,870,000
CAP Approach
CAP Return
Estimation
6%
$1,300,000
6.5%
$1,200,000
7%
$1,115,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,340,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,950,000
Change: +120% · Conversion: Difficult
RETAIL STORES
$2,520,000
Change: +88% · Conversion: Difficult
OFFICE BUILDING
$2,390,000
Change: +79% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,275,000
Change: +70% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,220,000
Change: +66% · Conversion: Difficult
MEDICAL BUILDING
$2,205,000
Change: +65% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,425,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±10%
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
$382 / 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
$24,414
Tax year 2024
Assessed value
$1,945,548
Assessed 2024
Previous assessed
$1,945,548
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,425,348
Assessed improvement
$520,200
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
1951
Construction
WOOD
Heating
NONE
Cooling
YES
Units
5
Total area
4,846 SF
Lot
0.21 ac (9,120 SF)
Zoning code
LAR3
APN
2423-003-017
UPID
US09-7695964
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · North Hollywood, CA
Zoning LAR3 · permitted uses
LAR3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
RETAIL STORES
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1951
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
5
Lot
0.21 ac
Current owner
From public records · entity-resolved
Rivland LLC
Entity
Mailing address
4654 PLACIDIA AVE, TOLUCA LAKE, CA 91602-1542
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2025
—
Rivland LLC
Charles And Annette Fasteau Family
Grant Deed
—
Sep 9, 2025
—
Charles Fastepa Bypass Trust
Charles Fastepa Admin Trust
Deed
related
—
Oct 18, 2024
—
Annette R Fasteau
Charles Fasteau
Affidavit Death Of Trustee/successor Trustee
related
—
Jan 3, 2022
$1,870,000
Charles Fasteau
Christine Anne Fuller
Grant Deed
—
Dec 6, 2021
—
Christine Anne Fuller
Barbara Lyon Kingsley
Affidavit Death Of Trustee/successor Trustee
—
Sep 13, 2013
—
Barbara Lyon Kingsley
Barbara Lyon Kingsley
Intrafamily Transfer
related
$500,000 · Jpmorgan Chase Bank NA
Feb 17, 2009
—
Kingsley B L Living Trust
Kingsley,barbara G L
Quit Claim Deed
related
—
Apr 16, 1992
—
Barbara Kingsley
—
Grant Deed
related
$200,000 · Brentwood Bank California
Oct 24, 1972
—
—
—
Grant Deed
related
—
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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