Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Turn key restaurants
10842 Magnolia Blvd North Hollywood, CA 91601-3920
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6402456
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1951
Construction
WOOD
Total area
3,640 SF
Lot
0.43 ac (18,550 SF)
Zoning code
LAC4
APN
2419-008-056
UPID
US09-6402456
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
-
Project Cannabis (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$887k
Blend (final)
Blend
$1.21M
Owner & transaction history
Alce Properties LLC · 1 yrs held
Alce Properties LLC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
LAC4 · 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
Method
Estimation
Statistic approach
$1,360,000
ML approach
$1,290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±10% · vs last sale $1.10M (Dec 24 2024)
Last sale anchor
$1.10M
Dec 24 2024
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
$332 / 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
$42,630
Tax year 2024
Assessed value
$3,448,925
Assessed 2024
Previous assessed
$3,448,925
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$2,440,778
Assessed improvement
$1,008,147
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1951
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,640 SF
Lot
0.43 ac (18,550 SF)
Zoning code
LAC4
APN
2419-008-056
UPID
US09-6402456
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.
Building & site characteristics
From public records
Year built
1951
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Alce Properties LLC
Entity
Mailing address
321 BILLERICA RD STE #204, CHELMSFORD, MA 01824-4100
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2025
$1,100,000
Alce Properties LLC
Lunar Loussia
Grant Deed
—
Mar 19, 2025
$1,100,000
Lunar Loussia
Cc Ca Realty LLC
Grant Deed
—
Jun 18, 2021
$1,250,000
Cc Ca Realty LLC
10842 West Magnolia LLC
Grant Deed
—
Apr 11, 2018
—
10842 West Magnolia Blvd LLC
—
Deed
related
$2,000,000 · La Dres LLC
Apr 15, 2016
$3,500,000
10842 West Magnolia Blvd LLC
Onward Capital LLC
Grant Deed
—
Sep 23, 2015
$1,900,000
Onward Capital LLC
Coley Living Trust
Grant Deed
$2,430,000 · Anchor Lns
Oct 5, 2006
$1,400,000
Coley Living Trust
Preturo Ents
Deed Of Trust
$1,260,000 · Vineyard Bank
Oct 4, 2006
$1,400,000
Coley Living Trust
Preturo Ents
Grant Deed
$1,260,000 · Vineyard Bank
Oct 29, 2002
$525,000
Preturo Enterprises
Davis,harold R & Caroline
Grant Deed
$490,000 · Temecula Valley Bank NA
Oct 27, 1992
$35,000
Caroline Et Al Davis
—
Grant Deed
related
—
Mar 4, 1991
—
Caroline Davis
Davis Harold R
Quit Claim Deed
related
$275,000 · Imerial Thrift
—
—
Donald Coley
—
Deed Of Trust
related
$195,277 · Rosendo Gonzalez
—
—
Harold R Davis
—
Deed Of Trust
related
$300,000 · Imperial Bank
—
—
Onward Capital LLC
—
Loan Modification
related
$2,430,000 · Anchor Lns
—
—
Rosaria Presta
—
Deed Of Trust
related
$21,395 · Los Angeles Community Dev
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?”
You own 10842 Magnolia Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
