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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Investment properties
10651 Magnolia Blvd North Hollywood, CA 91601-4066
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0517469
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1949
Construction
WOOD
Total area
2,320 SF
Lot
0.11 ac (4,654 SF)
Zoning code
LAC4
APN
2416-025-017
UPID
US10-0517469
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
$910k
CAP Approach
CAP
$725k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$895k
Owner & transaction history
Sktk Investment Partners LLC · 6 yrs held
Sktk Investment Partners LLC
since 2020
Last sale
$900,009
7 recorded transactions
Zoning & alternative use
LAC4 · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.4M
+29.8%
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
$880,000
ML approach
$910,000
CAP Approach
CAP Return
Estimation
6%
$785,000
6.5%
$725,000
7%
$670,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,090,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,410,000
Change: +30% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,060,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$1,055,000
Change: -3% · Conversion: Easy
OFFICE BUILDING
$1,035,000
Change: -5% · Conversion: Easy
RETAIL STORES
$1,000,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$895k
Range $806k – $985k · ±10% · vs last sale $900k (Apr 30 2020)
Last sale anchor
$900k
Apr 30 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
$386 / 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
$12,028
Tax year 2024
Assessed value
$964,980
Assessed 2024
Previous assessed
$964,980
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$643,320
Assessed improvement
$321,660
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1949
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
2,320 SF
Lot
0.11 ac (4,654 SF)
Zoning code
LAC4
APN
2416-025-017
UPID
US10-0517469
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · North Hollywood, CA
Zoning LAC4 · permitted uses
LAC4 · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1949
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Sktk Investment Partners LLC
Entity
Mailing address
12721 SATICOY ST S, NORTH HOLLYWOOD, CA 91605-3522
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2020
$900,000
Sktk Investment Partners LLC
Mccarney Family Trust
Grant Deed
—
Jul 21, 1999
—
Mccarney,kevin T & Nina Trustees
Mccarney,k T
Quit Claim Deed
related
—
Oct 6, 1988
$270,000
Kevin Mccarney
Manou
Grant Deed
$149,400 · Highland Federal Bank
—
—
Mccarney Trust
—
Deed Of Trust
related
$100,000 · Bank Of Hollywood
—
—
Mccarney Family Trust
—
Deed Of Trust
related
$510,000 · Professional Business Bank
—
—
Mccarney Trust
—
Deed Of Trust
related
$51,000 · Individual
—
—
Mccarney Trust
—
Deed Of Trust
related
$52,000 · Bank Of Hollywood
—
—
Mccarney Family Trust
—
Deed Of Trust
related
$500,000 · Tomatobank NA
—
—
Mccarney,trust
—
Deed Of Trust
related
$30,000 · Individual
—
—
Mccarney Trust
—
Deed Of Trust
related
$380,000 · Far East National Bank
—
—
Mccarney Family Trust
—
Deed Of Trust
related
$150,000 · Alliance 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.
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