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Property profile & analytics
OFF-MARKET
Estimated value
$95,625,000
Office buildings
5250 Lankershim Blvd North Hollywood, CA 91601-3186
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-0095347
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2009
Construction
STEEL FRAME
Total area
201,944 SF
Lot
1.14 ac (49,787 SF)
Zoning code
LAC4
APN
2350-018-090
UPID
US10-0095347
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
-
EricSellsLA Real Estate Agency
-
MARLIND FINANCE Bank Credit Union
-
First Community Mortgage Loan Service Bank
-
Ginecologo Hospital
-
Day1 Technologies (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$72.44M
Comparable Approach
Comparable
$98.40M
Blend (final)
Blend
$95.63M
Owner & transaction history
Dfw Vi Gpi Lankershim Owner LLC · 4 yrs held
Dfw Vi Gpi Lankershim Owner LLC
since 2021
Last sale
$92.0M
5 recorded transactions
Zoning & alternative use
LAC4 · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$125.2M
+39.2%
Neighborhood: shopping center
$122.9M
+36.7%
Commercial (general)
$94.7M
+5.3%
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
$100,090,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$78,475,000
6.5%
$72,440,000
7%
$67,265,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$89,915,000
Current use
RESTAURANT
$125,195,000
Change: +39% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$122,905,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$94,710,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$92,455,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$91,800,000
Change: +2% · Conversion: Easy
RETAIL STORES
$86,840,000
Change: -3% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$85,895,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$95.63M
Range $86.06M – $105.19M · ±10% · vs last sale $92.00M (Aug 26 2021)
Last sale anchor
$92.00M
Aug 26 2021
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
$474 / 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
$930,711
Tax year 2024
Assessed value
$75,075,264
Assessed 2024
Previous assessed
$75,075,264
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$9,842,184
Assessed improvement
$65,233,080
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 (MULTI-STORY)
Status
Off-Market
Year built
2009
Construction
STEEL FRAME
Heating
NONE
Total area
201,944 SF
Lot
1.14 ac (49,787 SF)
Zoning code
LAC4
APN
2350-018-090
UPID
US10-0095347
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
$89.9M
RESTAURANT
Est. value
$125.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$122.9M
COMMERCIAL (GENERAL)
Est. value
$94.7M
AUTO REPAIR, GARAGE
Est. value
$92.5M
MEDICAL BUILDING
Est. value
$91.8M
RETAIL STORES
Est. value
$86.8M
INDUSTRIAL (GENERAL)
Est. value
$85.9M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2009
Construction
STEEL FRAME
Heating
NONE
Lot
1.14 ac
Current owner
From public records · entity-resolved
Dfw Vi Gpi Lankershim Owner LLC
Entity
Mailing address
301 PO BOX 130667TH ST STE #2100, CARLSBAD, CA 92013-0667
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2022
—
Dwf Vi Gpi Lankershim Owner LLC
—
Deed
related
$75,500,000 · Pgim Real Estate Finance LLC
Aug 26, 2021
$920,000
Dfw Vi Gpi Lankershim Owner LLC
5250 Lankershim Plaza LLC
Grant Deed
—
Dec 1, 2017
—
5250 Lankershim Plaza LLC
—
Grant Deed
related
$68,335,000 · Th Com'l Inv Corp
Dec 24, 2013
—
5250 Lankershim Plaza LLC
Snyder Noho III Owner LLC
Grant Deed
$48,600,000 · General Electric Capital Corp
Jun 24, 2009
—
Snyder Noho III LLC
—
Deed Of Trust
related
$13,965,000 · Los Angeles City (ca)
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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