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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Turn key restaurants
11329 Magnolia Blvd North Hollywood, CA 91601-3706
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6650123
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1959
Construction
WOOD
Total area
2,579 SF
Lot
0.34 ac (14,831 SF)
Zoning code
LAC4
APN
2350-017-048
UPID
US09-6650123
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
-
North Hollywood Diner Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$515k
Owner & transaction history
Yasam Legacy LLC · 8 yrs held
Yasam Legacy LLC
since 2017
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
by Request
ML approach
$400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
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
$200 / 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
$30,400
Tax year 2024
Assessed value
$2,264,501
Assessed 2024
Previous assessed
$2,264,501
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,807,140
Assessed improvement
$457,361
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
1959
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,579 SF
Lot
0.34 ac (14,831 SF)
Zoning code
LAC4
APN
2350-017-048
UPID
US09-6650123
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
1959
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Yasam Legacy LLC
Entity
Mailing address
2001 S BARRINGTON AVE STE #104, LOS ANGELES, CA 90025-5337
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2017
$9,826,000
Yasam Legacy LLC
Elijah 27 LLC
Grant Deed
$5,400,000 · First Republic Bank
Sep 27, 2016
—
Elijah 27 LLC
—
Deed
related
$4,100,000 · Jpmorgan Chase Bank NA
Aug 26, 2016
—
Elijah 27 LLC
—
Deed
related
$4,154,000 · Lone Oak Fund
Aug 16, 2016
$7,000,000
Elijah 27 LLC
Papanicolaou Living Trust
Grant Deed
$3,954,000 · Lone Oak Fund
Sep 19, 2014
—
William D Pangburn
Papanicolaou,nicholas
Affidavit Of Death
—
Jul 22, 2011
—
Papanicolaou N C Living Trust
Papanicolaou,constantine
Quit Claim Deed
related
—
Sep 24, 2010
—
Papanicolaou N C Living Trust
—
Deed Of Trust
related
$1,789,848 · First Private Bank & Trust
Aug 19, 2010
—
Constantine N Papanicolaou
Papanicolaou,georgia
Quit Claim Deed
related
—
Oct 28, 2005
—
Nickolas C Papanicolaou
Papanicolaou,nickalaos C
Quit Claim Deed
related
$1,900,000 · First Private Bank & Trust
—
—
Nickolaos C Papanicolaou
—
Deed Of Trust
related
$24,000 · Individual
—
—
Nickolaos Papanicolaou
—
Deed Of Trust
related
$43,100 · Us Small Business Admn
—
—
Papanicolaou N C Living Trust
—
Deed Of Trust
related
$217,796 · First Private Bank & Trust
—
—
Papanicolaou N C Living Trust
—
Deed Of Trust
related
$500,000 · First Private Bank & Trust
—
—
Papanicolaou,n Living Trust
—
Deed Of Trust
related
$3,250,000 · County Cmrc Bk
—
—
Elijah 27 LLC
—
Deed Of Trust
related
$4,154,000 · Lone Oak Fund
—
—
Papanicolaou Trust
—
Deed Of Trust
related
$857,700 · Us Small Business Admn
—
—
Nickolaos Papanicolaou
—
Deed Of Trust
related
$43,100 · Us Small Business Admn
—
—
Papanicolaou N C Living Trust
—
Deed Of Trust
related
$3,000,000 · First Private Bank & Trust
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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