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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Office buildings
5215 Bakman Ave North Hollywood, CA 91601-3102
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6399762
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1937
Construction
TILT-UP CONCRETE
Total area
2,695 SF
Lot
0.14 ac (6,263 SF)
Zoning code
LAC4
APN
2350-017-027
UPID
US09-6399762
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
-
Karate 4 Kids USA Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$965k
Comparable Approach
Comparable
$661k
Blend (final)
Blend
$860k
Owner & transaction history
Yasam Legacy LLC · 8 yrs held
Yasam Legacy LLC
since 2017
7 recorded transactions
Zoning & alternative use
LAC4 · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+5.3%
Auto repair, garage
$1.2M
+2.8%
Medical building
$1.2M
+2.1%
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%
$1,045,000
6.5%
$965,000
7%
$900,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,200,000
Current use
COMMERCIAL (GENERAL)
$1,265,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,235,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$1,225,000
Change: +2% · Conversion: Easy
RETAIL STORES
$1,160,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$860k
Range $774k – $946k · ±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
$319 / 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
$16,592
Tax year 2024
Assessed value
$1,260,532
Assessed 2024
Previous assessed
$1,260,532
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$780,861
Assessed improvement
$479,671
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
1937
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,695 SF
Lot
0.14 ac (6,263 SF)
Zoning code
LAC4
APN
2350-017-027
UPID
US09-6399762
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · North Hollywood, CA
Zoning LAC4 · permitted uses
LAC4 · 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
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1937
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Yasam Legacy LLC
Entity
Mailing address
2001 S BARRINGTON AVE STE #104, LOS ANGELES, CA 90025-5337
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2017
$9,826,000
Yasam Legacy LLC
Elijah 27 LLC
Grant Deed
$5,400,000 · First Republic Bank
Sep 27, 2016
—
Elijah 27 LLC
—
Deed
related
$4,100,000 · Jpmorgan Chase Bank NA
Aug 26, 2016
—
Elijah 27 LLC
—
Deed
related
$4,154,000 · Lone Oak Fund
Aug 16, 2016
$7,000,000
Elijah 27 LLC
Papanicolaou Living Trust
Grant Deed
$3,954,000 · Lone Oak Fund
Sep 19, 2014
—
William D Pangburn
Papanicolaou,nicholas
Affidavit Of Death
—
May 4, 2011
$725,000
Papanicolaou N C Living Trust
Hurley Properties LLC
Grant Deed
$3,000,000 · First Private Bank & Trust
Jan 31, 2011
—
Hurley Properties LLC
Hurley Trust
Quit Claim Deed
related
—
Jul 9, 2010
—
Northern Trust NA
Hurley,joseph G
Affidavit Of Death
—
Feb 27, 2003
—
Clifford Gray
Gray,tami
Quit Claim Deed
related
—
Feb 27, 2003
$669,500
Hurley,tr
Gray,c
Grant Deed
—
Jan 8, 1988
$160,000
Linne Jon
Henr
Trustees Deed
$128,000 · Zeier Jule&
Jan 8, 1988
—
Marian Henrikson
Henri
Quit Claim Deed
related
—
—
—
Elijah 27 LLC
—
Deed Of Trust
related
$4,154,000 · Lone Oak Fund
—
—
Papanicolaou,n Living Trust
—
Deed Of Trust
related
$3,250,000 · County Cmrc Bk
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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