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Property profile & analytics
OFF-MARKET
Estimated value
$2,750,000
Apartment buildings
11848 Oxnard St North Hollywood, CA 91606-4725
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8613330
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1954
Construction
WOOD
Total area
4,854 SF
Lot
0.19 ac (8,300 SF)
Zoning code
LAR1
APN
2339-014-001
UPID
US09-8613330
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
$2.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.75M
Owner & transaction history
1535 S La Cienega LLC · 2 yrs held
1535 S La Cienega LLC
since 2024
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
LAR1 · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.0M
+177.4%
Retail stores
$2.5M
+137.2%
Office building
$2.4M
+124.8%
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
$2,750,000
ML approach
$2,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,955,000
Change: +177% · Conversion: Difficult
RETAIL STORES
$2,525,000
Change: +137% · Conversion: Difficult
OFFICE BUILDING
$2,395,000
Change: +125% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,275,000
Change: +114% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,220,000
Change: +109% · Conversion: Difficult
MEDICAL BUILDING
$2,205,000
Change: +107% · Conversion: Moderate
Blend value · Realmo final
$2.75M
Range $2.48M – $3.03M · ±10% · vs last sale $2.75M (Apr 5 2024)
Last sale anchor
$2.75M
Apr 5 2024
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
$567 / 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
$13,610
Tax year 2024
Assessed value
$1,031,696
Assessed 2024
Previous assessed
$1,031,696
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$579,488
Assessed improvement
$452,208
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
1954
Construction
WOOD
Heating
NONE
Cooling
YES
Units
6
Bathrooms
6
Total area
4,854 SF
Lot
0.19 ac (8,300 SF)
Zoning code
LAR1
APN
2339-014-001
UPID
US09-8613330
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR1 · North Hollywood, CAZoning LAR1 · permitted uses
LAR1 · North Hollywood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
RETAIL STORES
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1954
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
6
Bathrooms
6
Lot
0.19 ac
Current owner
From public records · entity-resolved
1535 S La Cienega LLC
Entity
Mailing address
106 N POINSETTIA PL, LOS ANGELES, CA 90036-2806
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2024
$2,750,000
1535 S La Cienega LLC
Broadway Sunrise LLC
Grant Deed
$1,780,000 · Mechanics Bank
May 1, 2008
—
Ilya Shlafman
Shlafman,ilya & Rena
Quit Claim Deed
related
—
May 1, 2008
$1,875,000
Broadway Sunrise LLC
Ilya Shlafman
Grant Deed
$1,125,000 · Washington Mutual Bank
Mar 25, 1999
$242,000
Ilya Shlafman
Peters Trust
Grant Deed
$181,500 · Standard Savings Bank
Apr 12, 1993
—
Peters Irvin
—
Deed Of Trust
related
—
Mar 31, 1993
—
Peters Irvin J
—
Deed Of Trust
related
—
—
—
Ilya Shlafman
—
Deed Of Trust
related
$275,000 · Standard 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.
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