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Property profile & analytics
OFF-MARKET
Parking lots & garages
4280 Lankershim Blvd North Hollywood, CA 91602
Entity Owned
30-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7696394
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1948
Total area
4,000 SF
Lot
0.1 ac (4,365 SF)
Zoning code
LAC2
APN
2423-023-021
UPID
US09-7696394
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
by Request
Owner & transaction history
Properties LP Hollywood · 30 yrs held
Properties LP Hollywood
since 1995
7 recorded transactions
Zoning & alternative use
LAC2 · 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
—
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
$6,177
Tax year 2024
Assessed value
$488,587
Assessed 2024
Previous assessed
$488,587
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$472,316
Assessed improvement
$16,271
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1948
Heating
NONE
Total area
4,000 SF
Lot
0.1 ac (4,365 SF)
Zoning code
LAC2
APN
2423-023-021
UPID
US09-7696394
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.
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Lot
0.1 ac
Current owner
From public records · entity-resolved
Properties LP Hollywood
Entity
Mailing address
1212 E LAS TUNAS DR, SAN GABRIEL, CA 91776-1704
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1995
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
—
Hollywood Properties LP
—
Deed
related
$6,716,943 · Bmw Financial Services NA LLC
Jun 29, 2017
—
Hollywood Properties LP
—
Grant Deed
related
$5,576,175 · Comerica Bk
May 2, 2011
—
Properties LP Hollywood
—
Deed Of Trust
related
$10,880,000 · Bmw Financial Services NA LLC
Aug 1, 2003
—
Properties LP Hollywood
—
Deed Of Trust
related
$9,520,000 · Bmw Financial Services NA LLC
Dec 4, 1995
$5,000,000
Properties LP Hollywood
Ruehman,robert J
Grant Deed
$3,500,000 · Bmw Financial Svcs NA INC
Mar 2, 1993
$325,000
Robert J Ruehman
—
Grant Deed
related
—
Apr 30, 1992
—
Ralph D Crall
—
Deed Of Trust
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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