Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,140,000
Theaters & concert halls
11136 Magnolia Blvd North Hollywood, CA 91601-3812
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7005381
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1908
Construction
WOOD
Total area
9,660 SF
Lot
0.13 ac (5,648 SF)
Zoning code
LAC4
APN
2353-005-013
UPID
US09-7005381
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
-
GRANVILLE Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.49M
Blend (final)
Blend
$5.14M
Owner & transaction history
11136 Noho Properties LLC · 3 yrs held
11136 Noho Properties LLC
since 2022
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
LAC4 · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.0M
+95.3%
Neighborhood: shopping center
$5.9M
+91.7%
Commercial (general)
$4.5M
+47.8%
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
$4,495,000
ML approach
$4,720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,990,000
Change: +95% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,880,000
Change: +92% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,530,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,425,000
Change: +44% · Conversion: Difficult
MEDICAL BUILDING
$4,390,000
Change: +43% · Conversion: Difficult
OFFICE BUILDING
$4,300,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$4,155,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$5.14M
Range $4.63M – $5.65M · ±10% · vs last sale $6.00M (Aug 26 2022)
Last sale anchor
$6.00M
Aug 26 2022
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
$532 / 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
$75,869
Tax year 2024
Assessed value
$6,120,000
Assessed 2024
Previous assessed
$6,120,000
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$3,978,000
Assessed improvement
$2,142,000
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1908
Construction
WOOD
Heating
NONE
Stories
1
Total area
9,660 SF
Lot
0.13 ac (5,648 SF)
Zoning code
LAC4
APN
2353-005-013
UPID
US09-7005381
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
RESTAURANT
Est. value
$6.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.9M
COMMERCIAL (GENERAL)
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$4.4M
OFFICE BUILDING
Est. value
$4.3M
RETAIL STORES
Est. value
$4.2M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1908
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
11136 Noho Properties LLC
Entity
Mailing address
16133 VENTURA BLVD STE #1245, ENCINO, CA 91436-2425
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jul 1, 2025
—
11136 Noho Properties LLC
—
Deed
related
$4,060,000 · Rize FCU
Aug 26, 2022
$6,000,000
11136 Noho Properties LLC
Alen Petrosyan
Grant Deed
$3,960,000 · Marquee Capital Fund I Reit LLC
Apr 4, 2022
—
Alen Petrosyan
—
Deed
related
$500,000 · Albert Barseghian
Jan 21, 2022
—
Alen Petrosyan
—
Deed
related
$3,600,000 · Joseph Aslanyan
Dec 6, 2021
—
Alen Petrosyan
—
Deed
related
$500,000 · Albert Barseghian Etux
Aug 17, 2016
$2,400,000
Alen Petrosyan
Mb Artists INC
Grant Deed
—
Apr 16, 2004
$388,000
Mb Artists INC
Renegade Repertory Co
Grant Deed
—
Jun 9, 1995
$380,000
Renegade Repertory Co
Highland Federal Bank
Grant Deed
$380,000 · Highland Federal Bank
May 31, 1995
$379,000
Highland Federal Bank
Turk Trust
Trustees Deed
related
—
—
—
Turk Trust
—
Deed Of Trust
related
$170,000 · Ranger Insurance Co
—
—
American Renegade Theatre Co
—
Deed Of Trust
related
$5,000 · Redevelopment Agency Los Angel
—
—
Turk Trust
—
Deed Of Trust
related
$390,000 · Highland Federal Bank
—
—
Nicholas Turk
—
Deed Of Trust
related
$100,000 · First Bk Palm De
—
—
Mb Artists INC
—
Deed Of Trust
related
$500,000 · Doug Hutchinson
—
—
Turk Trust
—
Deed Of Trust
related
$200,000 · Ranger Insurance Co
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 11136 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.
