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Property profile & analytics
FOR SALE
Parking lots & garages
5447 Satsuma Ave North Hollywood, CA 91601
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-0098426
For Sale
1 / 22
$2,100,000
5447 Satsuma Ave, North Hollywood, CA 91601
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1970
Total area
6,840 SF
Lot
0.16 ac (6,850 SF)
Zoning code
LAMR2
APN
2416-014-011
UPID
US10-0098426
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
$7.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.71M
Blend (final)
Blend
$11.51M
Owner & transaction history
Jack R Walter Trust
Jack R Walter Trust
since 2026
Last sale
$14.3M
7 recorded transactions
Zoning & alternative use
LAMR2 · 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
$10,710,000
ML approach
$7,515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.51M
Range $10.35M – $12.66M · ±10% · vs last sale $14.30M (May 19 2022)
Last sale anchor
$14.30M
May 19 2022
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
$1,682 / 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
$12,821
Tax year 2024
Assessed value
$1,041,440
Assessed 2024
Previous assessed
$1,041,440
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,041,440
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
For Sale
Year built
1970
Heating
NONE
Total area
6,840 SF
Lot
0.16 ac (6,850 SF)
Zoning code
LAMR2
APN
2416-014-011
UPID
US10-0098426
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAMR2 · North Hollywood, CA
Zoning LAMR2 · permitted uses
LAMR2 · 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
1970
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Jack R Walter Trust
Trust
Mailing address
16030 VENTURA BLVD STE #240, ENCINO, CA 91436-4487
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Mar 27, 2026
$1,870,000
Jack R Walter Trust
Prime Management And Investment LLC
Grant Deed
—
May 19, 2022
$14,300,000
Happy Place Stages LLC
5446 5448 Satsuma LLC
Grant Deed
$8,043,000 · City National Bank
May 19, 2022
—
Happy Place Stages LLC
—
Deed
related
$4,959,000 · Business Finance Capital
Sep 8, 2020
—
5446 5448 Satusma LLC
—
Deed
related
$4,400,000 · Signature Bank
Aug 21, 2020
—
5446 5448 Satsuma LLC
—
Deed
related
$5,200,000 · Signature Bank
Mar 27, 2019
—
Prime Mgmt & Invs LLC
—
Deed
related
$3,000,000 · Michael Pryor
Jul 16, 2018
—
5446-5448 Satsuma LLC
—
Grant Deed
related
$2,967,500 · Jpmorgan Chase Bk NA
Jun 28, 2018
$5,335,000
5446 5448 Satsuma LLC
Bur Wit LLC
Grant Deed
$2,967,500 · Jpmorgan Chase Bank NA
Apr 26, 1988
$1,900,000
Bur Wit Ltd
Unknown
Grant Deed
—
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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