Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,005,000
Apartment buildings
11671 Erwin St North Hollywood, CA 91606-5335
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US09-7637477
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2019
Construction
WOOD
Total area
13,164 SF
Lot
0.18 ac (7,934 SF)
Zoning code
LAR3
APN
2335-032-017
UPID
US09-7637477
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.01M
Owner & transaction history
Erwin Group LLC · 5 yrs held
Erwin Group LLC
since 2020
7 recorded transactions
Zoning & alternative use
LAR3 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,890,000
Current use
Blend value · Realmo final
$2.01M
Range $1.80M – $2.21M · ±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
$152 / 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
$33,744
Tax year 2024
Assessed value
$2,680,215
Assessed 2024
Previous assessed
$2,680,215
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$597,358
Assessed improvement
$2,082,857
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
2019
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
10
Bathrooms
18
Total area
13,164 SF
Lot
0.18 ac (7,934 SF)
Zoning code
LAR3
APN
2335-032-017
UPID
US09-7637477
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · North Hollywood, CA
Zoning LAR3 · permitted uses
LAR3 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS) Current
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
2019
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
10
Bathrooms
18
Lot
0.18 ac
Current owner
From public records · entity-resolved
Erwin Group LLC
Entity
Mailing address
15760 VENTURA BLVD STE #700, ENCINO, CA 91436-3016
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Dec 22, 2020
—
Erwin Group LLC
Erwin Group LLC
Correction Deed
related
$3,080,000 · Homestreet Bank
Jun 1, 2018
—
Erwin Group LLC
—
Trustees Deed
related
$2,650,000 · Cathay Bk
Mar 31, 2017
$525,000
Erwin Group LLC
Kenneth H Church
Grant Deed
$262,500 · Rmg Funding Group INC
Aug 13, 2015
—
Church,kenneth H Trust
Church,kenneth H
Quit Claim Deed
related
—
Jun 18, 2015
—
Kenneth H Church
Church Family Trust
Quit Claim Deed
related
—
Oct 27, 2014
—
Kenneth H Church
Church,mary S
Affidavit Of Death
related
—
May 21, 2003
—
Church Trust
Church Mary S
Quit Claim Deed
related
—
Sep 18, 2000
—
Church Mary S Trustee
Church,m S
Quit Claim Deed
related
—
Aug 26, 1994
—
Mary S Church
Church K H,
Quit Claim Deed
related
—
Feb 7, 1990
—
Kenneth H Church
Chur
Quit Claim Deed
related
$105,000 · Weyerhaeuser Mortgage Co
—
—
Kenneth H Church
—
Deed Of Trust
related
$56,800 · Western Security Bank
—
—
Mary S Church
—
Deed Of Trust
related
$157,500 · Abn Amro Mortgage Group INC
—
—
Church,kenneth H Trust
—
Deed Of Trust
related
$50,000 · Wilshire Escrow Co Psp
—
—
Mary S Church
—
Deed Of Trust
related
$193,000 · First Capital Corp
—
—
Mary S Church
—
Deed Of Trust
related
$118,500 · California Federal Bank
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 11671 Erwin 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.
