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Property profile & analytics
FOR LEASE
Investment properties
1963 North Cahuenga Blvd Los Angeles, CA 90068
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0472292
For Lease
$13,210,000
1963 North Cahuenga Blvd, Los Angeles, CA 90068
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1925
Construction
CONCRETE
Total area
42,308 SF
Lot
0.28 ac (12,257 SF)
Zoning code
LAR4
APN
5575-002-002
UPID
US10-0472292
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
-
hotel LA Hotel & Motel
-
The Whitley House Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.18M
Comparable Approach
Comparable
$18.38M
Blend (final)
Blend
$13.21M
Owner & transaction history
1963 Whitley House LLC · 12 yrs held
1963 Whitley House LLC
since 2014
7 recorded transactions
Zoning & alternative use
LAR4 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$21.2M
+67.5%
Medical building
$19.3M
+52.1%
Neighborhood: shopping center
$17.9M
+41.4%
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 Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles 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%
$14,280,000
6.5%
$13,180,000
7%
$12,240,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$12,675,000
Current use
OFFICE BUILDING
$21,235,000
Change: +68% · Conversion: Easy
MEDICAL BUILDING
$19,275,000
Change: +52% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$17,920,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$17,370,000
Change: +37% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$12,370,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$13.21M
Range $11.89M – $14.53M · ±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
$312 / 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
$173,485
Tax year 2024
Assessed value
$14,132,230
Assessed 2024
Previous assessed
$14,132,230
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,426,405
Assessed improvement
$10,705,825
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1925
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
111
Bathrooms
99
Total area
42,308 SF
Lot
0.28 ac (12,257 SF)
Zoning code
LAR4
APN
5575-002-002
UPID
US10-0472292
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR4 · Los Angeles, CA
Zoning LAR4 · permitted uses
LAR4 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$12.7M
OFFICE BUILDING
Est. value
$21.2M
MEDICAL BUILDING
Est. value
$19.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.9M
RETAIL STORES
Est. value
$17.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.4M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1925
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
111
Bathrooms
99
Lot
0.28 ac
Current owner
From public records · entity-resolved
1963 Whitley House LLC
Entity
Mailing address
7076 HAWTHORN AVE2NDFL, LOS ANGELES, CA 90028-6044
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2019
—
1963 Whitley House LLC
—
Grant Deed
related
$14,900,000 · Jp Morgan Chase Bk
Mar 10, 2014
$14,750,147
1963 Whitley House LLC
Vista Cahuenga LLC
Grant Deed
$10,300,000 · Jpmorgan Chase Bank NA
Nov 30, 2010
$6,950,000
Vista Investment Group LLC
Chateau Hollywood LLC
Grant Deed
—
Nov 12, 2010
—
Vista Cahuenga LLC
Vista Investment Group LLC
Quit Claim Deed
—
Jun 29, 2009
—
Chateau Hollywood LLC
—
Deed Of Trust
related
$8,536,000 · First Regional Bank
Jan 18, 2007
$120,000
Chateau Hollywood LLC
Chateau Hollywood LLC
Grant Deed
related
$8,149,000 · First Regional Bank
Jul 21, 2004
$6,000,000
Chateau Hollywood LLC
Konce,allan A
Grant Deed
$5,625,000 · Imperial Capital Bank
Dec 17, 1999
$57,536
Allan A Konce
—
Grant Deed
related
—
Aug 8, 1989
—
Daryoush Daian
Jeann
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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