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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Parking lots & garages
5023 Lankershim Blvd North Hollywood, CA 91601
Trust Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8287652
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1971
Total area
26,000 SF
Lot
0.6 ac (26,093 SF)
Zoning code
LAR4
APN
2353-011-027
UPID
US09-8287652
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
$455k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$632k
Blend (final)
Blend
$545k
Owner & transaction history
Jwr Living Trust · 5 yrs held
Jwr Living Trust
since 2020
7 recorded transactions
Zoning & alternative use
LAR4 · 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
by Request
ML approach
$455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$21 / 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
$15,652
Tax year 2024
Assessed value
$1,192,072
Assessed 2024
Previous assessed
$1,192,072
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,093,645
Assessed improvement
$98,427
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
1971
Heating
NONE
Total area
26,000 SF
Lot
0.6 ac (26,093 SF)
Zoning code
LAR4
APN
2353-011-027
UPID
US09-8287652
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR4 · North Hollywood, CA
Zoning LAR4 · permitted uses
LAR4 · 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
1971
Heating
NONE
Lot
0.6 ac
Current owner
From public records · entity-resolved
Jwr Living Trust
Trust
Free & Clear · 5 yrs held
Mailing address
6379 W 83RD ST, LOS ANGELES, CA 90045-2843
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2020
$6,000,000
Jwr Living Trust
Gpt Gig Boa Portfolio Owner
Correction Deed
related
—
Dec 26, 2018
$6,000,000
Owner Name Unavailable
Gpt Gig Boa Portfolio Owner
Grant Deed
—
Dec 26, 2018
—
Jwr Living Trust
—
Grant Deed
related
$3,000,000 · First Svgs Bk
Jul 10, 2018
—
Gpt Gig Boa Portfolio Owner Ll
Bank Of America NA
Grant Deed
—
Dec 11, 2012
—
Gpt Gig Boa Portfolio Owner Ll
First States Investors 5000a
Grant Deed
—
Jul 23, 2003
—
First States Investors 5000a
Bank Of America
Grant Deed
related
$400,000,000 · German American Capital Corp
Sep 30, 1998
—
Bank Of America Nt & Sa
—
Deed Of Trust
related
—
Oct 30, 1992
—
Bank Of America Nt And Sa
—
Deed Of Trust
related
—
Apr 22, 1992
—
Pacific Southwest Realty Co
—
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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