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Property profile & analytics
OFF-MARKET
Estimated value
$4,565,000
Auto shops
12525 Sherman Way North Hollywood, CA 91605-5237
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7567160
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1972
Construction
TILT-UP CONCRETE
Total area
8,440 SF
Lot
0.69 ac (29,874 SF)
Zoning code
LAC2
APN
2324-003-009
UPID
US09-7567160
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
-
S & K Auto Electric Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.57M
Owner & transaction history
Bachar Investments LLC · 4 yrs held
Bachar Investments LLC
since 2022
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
LAC2 · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.2M
+35.4%
Neighborhood: shopping center
$5.1M
+32.9%
Retail stores
$4.4M
+13.7%
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
$4,400,000
ML approach
$4,360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,865,000
Current use
RESTAURANT
$5,230,000
Change: +35% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,135,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$4,390,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$4,165,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,960,000
Change: +2% · Conversion: Moderate
MEDICAL BUILDING
$3,835,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$4.57M
Range $4.11M – $5.02M · ±10% · vs last sale $4.75M (May 4 2022)
Last sale anchor
$4.75M
May 4 2022
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
$541 / 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
$61,469
Tax year 2024
Assessed value
$4,941,900
Assessed 2024
Previous assessed
$4,941,900
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$3,953,520
Assessed improvement
$988,380
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
8,440 SF
Lot
0.69 ac (29,874 SF)
Zoning code
LAC2
APN
2324-003-009
UPID
US09-7567160
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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$3.9M
RESTAURANT
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
RETAIL STORES
Est. value
$4.4M
OFFICE BUILDING
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.8M
AUTO REPAIR, GARAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
Bachar Investments LLC
Entity
Mailing address
7211 WHITSETT AVE, NORTH HOLLYWOOD, CA 91605-4302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
May 4, 2022
$4,750,000
Bachar Investments LLC
12525 Sherman Way LP
Grant Deed
$3,562,500 · Mission Valley Bank
Jul 13, 2020
—
12525 Sherman Way LP
—
Deed
related
$1,800,000 · First Republic Bank
Dec 27, 2012
—
12525 Sherman Way LP
Bouzaglou A Living Trust
Quit Claim Deed
related
—
Mar 22, 2010
—
12525 Sherman Way LP
Bouzaglou Albert C Trust
Quit Claim Deed
related
—
May 30, 2003
$1,021,500
Bouzaglou,tr
Sherwit LLC
Grant Deed
—
May 2, 2000
$847,000
Wagenbach,ronald J & Troytana
Schwartz Trust
Trustees Deed
—
May 2, 2000
$423,500
Sherwit
Wagenbach,r J & T
Trustees Deed
—
—
—
Sherwhit LLC
—
Deed Of Trust
related
$550,000 · Bank Of America
Aug 26, 1965
—
—
—
Grant 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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