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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Data centers and call centers
11401 Chandler Blvd North Hollywood, CA 91601-2617
Individually Owned
Absentee Owner
Free & Clear
Property ID
US10-0513381
Property profile
Verified
Property type
Data centers and call centers
Use group
RADIO OR TV STATION
Year built
1946
Construction
WOOD
Total area
10,201 SF
Lot
0.42 ac (18,486 SF)
Zoning code
LAC2
APN
2350-010-047
UPID
US10-0513381
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
-
MKM Cultural Arts Center Training Center
-
The H.E.ART Training Center
-
Martin Dance Co Theater & Performing Art Venue Training Center
-
Legacy Studios Training Center
-
Quandoman Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$795k
Blend (final)
Blend
$615k
Owner & transaction history
Shoushan Movsesian
Shoushan Movsesian
since 2025
4 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
by Request
ML approach
$435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$60 / 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
$20,728
Tax year 2024
Assessed value
$1,580,138
Assessed 2024
Previous assessed
$1,580,138
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$979,446
Assessed improvement
$600,692
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
Data centers and call centers
Use group
RADIO OR TV STATION
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
NONE
Buildings
4
Stories
1
Total area
10,201 SF
Lot
0.42 ac (18,486 SF)
Zoning code
LAC2
APN
2350-010-047
UPID
US10-0513381
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · North Hollywood, CA
Zoning 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
North Hollywood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1946
Construction
WOOD
Heating
NONE
Stories
1
Buildings
4
Lot
0.42 ac
Current owner
From public records · entity-resolved
Shoushan Movsesian
Individual
Free & Clear · 0 yrs held
Mailing address
855 WESTCHESTER PL, LOS ANGELES, CA 90005-3502
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2025
—
Shoushan Movsesian
Shoushan Movsesian
Deed
related
—
Feb 11, 2000
$1,032,000
Shirley Martin
Tremaine,joe
Grant Deed
$825,200 · Bank Of Yorba Linda
Aug 30, 1990
$945,000
Tremaine Joe
Cltc Exchange Co
Trustees Deed
$600,000 · Foothill Thrift & Loan
Aug 30, 1990
$792,500
Cltc Exchange Co
Scott Phillips
Trustees Deed
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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