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Property profile & analytics
OFF-MARKET
Estimated value
$3,870,000
Office buildings
4111 Lankershim Blvd North Hollywood, CA 91602-2828
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-8434105
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Construction
TILT-UP CONCRETE
Total area
9,433 SF
Lot
0.11 ac (4,810 SF)
Zoning code
LAC2
APN
2423-030-042
UPID
US09-8434105
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
-
Qualitech Engineering Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.39M
Comparable Approach
Comparable
$3.67M
Blend (final)
Blend
$3.87M
Owner & transaction history
Unison Med LLC · 1 yrs held
Unison Med LLC
since 2025
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
LAC2 · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.9M
+25.7%
Neighborhood: shopping center
$5.7M
+23.4%
Retail stores
$4.9M
+5.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,665,000
6.5%
$3,385,000
7%
$3,140,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,655,000
Current use
RESTAURANT
$5,850,000
Change: +26% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$5,740,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$4,910,000
Change: +6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,425,000
Change: -5% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,320,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$4,290,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$3.87M
Range $3.48M – $4.26M · ±10% · vs last sale $4.21M (Mar 3 2025)
Last sale anchor
$4.21M
Mar 3 2025
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
$410 / 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
$29,966
Tax year 2024
Assessed value
$2,412,057
Assessed 2024
Previous assessed
$2,412,057
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$893,446
Assessed improvement
$1,518,611
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
OFFICE BUILDING
Status
Off-Market
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
9,433 SF
Lot
0.11 ac (4,810 SF)
Zoning code
LAC2
APN
2423-030-042
UPID
US09-8434105
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
OFFICE BUILDING Current
Est. value
$4.7M
RESTAURANT
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.7M
RETAIL STORES
Est. value
$4.9M
COMMERCIAL (GENERAL)
Est. value
$4.4M
AUTO REPAIR, GARAGE
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$4.3M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Unison Med LLC
Entity
Mailing address
4111 LANKERSHIM BLVD, NORTH HOLLYWOOD, CA 91602-2828
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2025
$4,210,000
Unison Med LLC
Cpa Building III Partnership
Grant Deed
$3,500,000 · Bank Of America NA
Nov 28, 2016
—
Cpa Building III
—
Deed
related
$2,500,000 · Bank Of America
Aug 20, 2009
$2,485,000
Cpa Building III
Anthony Lane Roberts
Grant Deed
$1,575,000 · Wells Fargo Bank NA
Sep 13, 2004
—
Lane-roberts 2001 Trust
Lane-roberts,anthony
Quit Claim Deed
related
—
Dec 11, 1998
—
Roberts Anthony P Lane
—
Deed Of Trust
related
—
Jun 23, 1995
$450,000
Anthony P Lane-roberts
Sumitomo Bank
Grant Deed
$540,000 · City National Bank
—
—
Anthony P Lane-roberts
—
Deed Of Trust
related
$300,000 · City National Bank
—
—
Anthony P Lane-roberts
—
Deed Of Trust
related
$291,000 · Wells Fargo Bank
—
—
Cpa Building III
—
Deed Of Trust
related
$5,000,000 · Bank Of America
—
—
Anthony P Lane-roberts
—
Deed Of Trust
related
$260,000 · Individual
—
—
Cpa Building III
—
Deed Of Trust
related
$2,500,000 · Bank Of America
—
—
Anthony P Lane-roberts
—
Deed Of Trust
related
$1,300,000 · United National Bank
—
—
Anthony P Lane-roberts
—
Deed Of Trust
related
$238,000 · 3business Finance Center
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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