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Property profile & analytics
OFF-MARKET
Estimated value
$2,155,000
Office buildings
13249 Sherman Way North Hollywood, CA 91605
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8435114
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1949
Construction
WOOD
Total area
11,050 SF
Lot
0.3 ac (12,858 SF)
Zoning code
LACM
APN
2327-002-021
UPID
US09-8435114
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
$2.16M
Owner & transaction history
13245 Sherman Way LLC · 11 yrs held
13245 Sherman Way LLC
since 2014
7 recorded transactions
Zoning & alternative use
LACM · 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
$195 / 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
$27,005
Tax year 2024
Assessed value
$2,120,902
Assessed 2024
Previous assessed
$2,120,902
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$530,223
Assessed improvement
$1,590,679
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1949
Construction
WOOD
Heating
NONE
Stories
1
Total area
11,050 SF
Lot
0.3 ac (12,858 SF)
Zoning code
LACM
APN
2327-002-021
UPID
US09-8435114
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LACM · North Hollywood, CA
Zoning LACM · permitted uses
LACM · 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
1949
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
13245 Sherman Way LLC
Entity
Mailing address
13148 RAYMER ST, NORTH HOLLYWOOD, CA 91605-4123
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2024
—
13245 Sherman Way
—
Deed
related
$5,000,000 · Mission Valley Bank
Apr 17, 2019
—
13245 Sherman Way LLC
—
Deed
related
$1,996,965 · Mission Valley Bank
Sep 3, 2014
$2,300,000
13245 Sherman Way LLC
Rooke,virginia B
Grant Deed
$1,150,000 · Bank Of America
Dec 31, 1996
$400,000
William I Rooke
Aviation Equipment INC
Grant Deed
—
Jul 20, 1995
$400,000
Aviation Equipment INC
Kamer,michael G
Grant Deed
—
Jan 21, 1994
—
Michael G Kamer
Kamer,c J
Quit Claim Deed
related
—
—
—
Michael G Kamer
—
Deed Of Trust
related
$112,000 · Morris Polich & Purd
—
—
William I Rooke
—
Deed Of Trust
related
$800,000 · Transcoast Financial
—
—
William I Rooke
—
Deed Of Trust
related
—
—
—
Michael G Kamer
—
Deed Of Trust
related
$210,000 · Lantern Financial Corp
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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