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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Automotive properties
11218 Burbank Blvd North Hollywood, CA 91601-2439
Entity Owned
3-yr Hold
Free & Clear
Property ID
US10-0516139
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1996
Construction
TILT-UP CONCRETE
Total area
592 SF
Lot
0.09 ac (4,006 SF)
Zoning code
LAC2
APN
2350-006-044
UPID
US10-0516139
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
-
Cash For Cars Los Angeles - We Buy Cars Car Dealership
-
Valley Cash For Cars - Car Buyers - We Buy Cars Car Dealership
-
Vibes Rite Media Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$755k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$488k
Blend (final)
Blend
$800k
Owner & transaction history
11218 Burbank LLC · 3 yrs held
11218 Burbank LLC
since 2022
Last sale
$889,008
7 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
Method
Estimation
Statistic approach
$665,000
ML approach
$755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $889k (Oct 28 2022)
Last sale anchor
$889k
Oct 28 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
$1,351 / 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
$11,117
Tax year 2024
Assessed value
$906,780
Assessed 2024
Previous assessed
$906,780
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$876,180
Assessed improvement
$30,600
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1996
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
592 SF
Lot
0.09 ac (4,006 SF)
Zoning code
LAC2
APN
2350-006-044
UPID
US10-0516139
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · North Hollywood, CAZoning 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
Building & site characteristics
From public records
Year built
1996
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Rooms
6
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
11218 Burbank LLC
Entity
Free & Clear · 3 yrs held
Mailing address
11218 BURBANK BLVD, NORTH HOLLYWOOD, CA 91601-2439
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2023
—
11218 Burbank LLC
—
Deed
related
$526,000 · Mega Bank
Oct 28, 2022
$889,000
11218 Burbank LLC
A Rebeca Montes
Grant Deed
—
Apr 22, 2008
—
Montes,a Rebeca
Mahmoudi,armound
Grant Deed
—
Dec 6, 1999
—
Armand Mahmoudi
—
Deed Of Trust
related
—
Jul 24, 1997
$67,500
Armond Mahmoudi
Avedian,ashot & Cathirene
Grant Deed
related
$15,000 · Seller
Sep 28, 1990
$190,000
Mahmoudi Grikor
Duquette Paul
Trustees Deed
$90,000 · Seller
—
—
Vaghanak Derhartunian
—
Deed Of Trust
related
$202,300 · General American Financial Co
—
—
Mahmoudi Grikor
—
Deed Of Trust
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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