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Property profile & analytics
FOR SALE
Hotels
10639 Riverside Dr North Hollywood, CA 91602
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7695888
For Sale
Contact for pricing
10639 Riverside Dr, North Hollywood, CA 91602
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1963
Construction
TILT-UP CONCRETE
Total area
12,392 SF
Lot
0.27 ac (11,809 SF)
Zoning code
LAC2
APN
2423-002-012
UPID
US09-7695888
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
-
Location Sound Corporation Electronics & Wireless Store Big Box & Wholesale Store
-
Progressive Insurance Car Dealership
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
Bellaire Properties LLC
Bellaire Properties LLC
since 2025
Last sale
$4.1M
6 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
$35,090
Tax year 2024
Assessed value
$2,767,987
Assessed 2024
Previous assessed
$2,767,987
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,125,957
Assessed improvement
$1,642,030
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
For Sale
Year built
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
12,392 SF
Lot
0.27 ac (11,809 SF)
Zoning code
LAC2
APN
2423-002-012
UPID
US09-7695888
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
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Bellaire Properties LLC
Entity
Mailing address
1731 LA MIRADA DR, CARPINTERIA, CA 93013-3402
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
$4,100,000
Bellaire Properties LLC
The Topham Family Trust
Grant Deed
$3,000,000 · First Citizens Bank & Trust Co
Aug 5, 2025
—
The Topham Family Trust
Rosemary Williamson Topham
Deed
related
$2,400,000 · Lincoln Capital Management LLC
Jul 27, 2007
—
Topham Family Trust
Topham,richard H & Rosemary M
Quit Claim Deed
related
—
Aug 14, 1992
—
Richard H Topham
—
Deed Of Trust
related
—
—
—
Richard H Topham
—
Deed Of Trust
related
$1,000,000 · Mechanics National Bank
—
—
Richard H Topham
—
Deed Of Trust
related
$918,750 · Wells Fargo 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.
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?”
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