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Property profile & analytics
OFF-MARKET
Estimated value
$4,925,000
Turn key restaurants
12919 Victory Blvd North Hollywood, CA 91606-2923
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8221985
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1953
Construction
TILT-UP CONCRETE
Total area
4,792 SF
Lot
0.71 ac (31,032 SF)
Zoning code
LAC1
APN
2326-016-018
UPID
US09-8221985
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
-
McDonald's Restaurant Take-out & Catering
-
Valley Management Association Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.01M
Blend (final)
Blend
$4.93M
Owner & transaction history
Candace A Storm · 5 yrs held
Candace A Storm
since 2020
Last sale
$4.8M
6 recorded transactions
Zoning & alternative use
LAC1 · 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
$5,010,000
ML approach
$5,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,970,000
Current use
Blend value · Realmo final
$4.93M
Range $4.43M – $5.42M · ±10% · vs last sale $4.75M (Oct 21 2020)
Last sale anchor
$4.75M
Oct 21 2020
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
$1,028 / 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
$62,170
Tax year 2024
Assessed value
$5,040,738
Assessed 2024
Previous assessed
$5,040,738
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,714,228
Assessed improvement
$1,326,510
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1953
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
4,792 SF
Lot
0.71 ac (31,032 SF)
Zoning code
LAC1
APN
2326-016-018
UPID
US09-8221985
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC1 · North Hollywood, CA
Zoning LAC1 · permitted uses
LAC1 · 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
RESTAURANT Current
Est. value
$3.0M
RESTAURANT 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
1953
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Candace A Storm
Individual
Free & Clear · 5 yrs held
Mailing address
110 N CARPENTER ST, CHICAGO, IL 60607-4106
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2020
—
Candace A Storm
Douglas K Storm
Quit Claim Deed
—
Oct 21, 2020
$4,750,000
Mcdonalds USA LLC
Thomas P Cox
Grant Deed
—
May 2, 2016
—
Tcd Propinquity LLC
Cox,thomas P
Quit Claim Deed
related
—
Mar 2, 2016
—
Cox,george A Trust B
Cox George A Trust A
Quit Claim Deed
related
—
Aug 10, 1971
—
Bank Of America Cox George A Decd Trust
—
Grant Deed
related
—
Jun 6, 1963
—
—
—
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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