Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,575,000
Apartment buildings
11416 Albers St North Hollywood, CA 91601-2668
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6329667
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1988
Construction
WOOD
Total area
17,788 SF
Lot
0.32 ac (14,038 SF)
Zoning code
LAR4
APN
2350-009-061
UPID
US09-6329667
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
-
Balerina Films - Award winning wedding videographers & photographers Wedding Service Photography Service
-
Atrium CO Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.58M
Owner & transaction history
Back 1 LLC · 5 yrs held
Back 1 LLC
since 2021
7 recorded transactions
Zoning & alternative use
LAR4 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$145 / 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
$42,858
Tax year 2024
Assessed value
$3,373,265
Assessed 2024
Previous assessed
$3,373,265
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$2,090,870
Assessed improvement
$1,282,395
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
22
Bathrooms
32
Total area
17,788 SF
Lot
0.32 ac (14,038 SF)
Zoning code
LAR4
APN
2350-009-061
UPID
US09-6329667
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR4 · North Hollywood, CA
Zoning LAR4 · permitted uses
LAR4 · 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
1988
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
22
Bathrooms
32
Lot
0.32 ac
Current owner
From public records · entity-resolved
Back 1 LLC
Entity
Mailing address
12716 RIVERSIDE DR, VALLEY VILLAGE, CA 91607-3319
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2021
—
Back 1 LLC
Peter Coeler
Grant Deed
$5,054,000 · Readycap Commercial LLC
Nov 8, 2013
—
Back,david Trust
Back David Trust
Quit Claim Deed
related
$3,150,000 · Sterling Savings Bank
Jul 23, 2009
—
Peter Coeler
Pbm Group 11 LLC
Grant Deed
—
Jan 10, 2008
—
Pbm Group 11 LLC
Coeler,peter A & Barbara C
Grant Deed
—
Nov 24, 2003
—
Draggoo,tr
Back,david
Quit Claim Deed
related
—
Jul 18, 2003
$2,420,000
Peter A Coeler
Phillips,roberta
Grant Deed
$1,936,000 · First Regional Bank
Dec 4, 2001
$1,018,500
Roberta Phillips
Clark Trust
Grant Deed
$1,450,000 · Clark Trust
Dec 7, 1988
$650,000
Donald K Clark
Evenup
Grant Deed
$200,000 · Angeleno Venture
—
—
Back,tr
—
Deed Of Trust
related
$2,085,000 · Washington Mutual Fsb
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 11416 Albers St?
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.
