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Property profile & analytics
OFF-MARKET
Estimated value
$2,360,000
Parking lots & garages
5616 Laurel Cyn Blvd Valley Village, CA 91607-1802
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8510275
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1976
Total area
7,500 SF
Lot
0.22 ac (9,377 SF)
Zoning code
LAR3
APN
2340-028-062
UPID
US09-8510275
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
-
Ocean Coin Laundry (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.36M
Owner & transaction history
Yeshiva Ketana Of Los Angeles · 4 yrs held
Yeshiva Ketana Of Los Angeles
since 2021
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
LAR3 · Valley Village, 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 Valley Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valley Village 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
$2,210,000
ML approach
$2,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.36M
Range $2.12M – $2.60M · ±10% · vs last sale $2.55M (Oct 4 2021)
Last sale anchor
$2.55M
Oct 4 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
$315 / 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
$10,531
Tax year 2024
Assessed value
$832,320
Assessed 2024
Previous assessed
$832,320
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$806,310
Assessed improvement
$26,010
Applied tax rate
8.0000
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
1976
Heating
NONE
Total area
7,500 SF
Lot
0.22 ac (9,377 SF)
Zoning code
LAR3
APN
2340-028-062
UPID
US09-8510275
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR3 · Valley Village, CA
Zoning LAR3 · permitted uses
LAR3 · Valley Village, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valley Village. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Lot
0.22 ac
Current owner
From public records · entity-resolved
Yeshiva Ketana Of Los Angeles
Individual
Free & Clear · 4 yrs held
Mailing address
12041 BURBANK BLVD, VALLEY VILLAGE, CA 91607-1853
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2021
$2,550,000
Yeshiva Ketana Of Los Angeles
Alfred F Hancz
Grant Deed
—
Apr 20, 2016
—
Alfred F Hancz
Hancz,alfred F & Koa A
Quit Claim Deed
related
—
Dec 24, 2015
—
Alfred F Hancz
Alfred F Hancz
Intrafamily Transfer
related
$730,000 · Jpmorgan Chase Bank NA
Sep 1, 2009
—
Hancz Ernest & Elza Trust
Hancz,ernest
Quit Claim Deed
related
—
Jan 3, 2007
—
Alfred F Hancz
Hancz,alfred F & Koa A
Quit Claim Deed
related
—
Jan 2, 2007
—
Elza Hancz
Elza Hancz
Intrafamily Transfer
related
$680,000 · Washington Mutual Bank
Oct 14, 2004
—
Alfred F Hancz
Haba Investments LLC
Grant Deed
$690,000 · Commercial Capital Bank Fsb
May 30, 2003
$760,000
Haba Investments LLC
Chiang,tr
Grant Deed
$600,000 · Far East National Bank
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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