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Property profile & analytics
OFF-MARKET
Data centers and call centers
5616 Vineland Ave North Hollywood, CA 91601-2028
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7008377
Property profile
Verified
Property type
Data centers and call centers
Use group
RADIO OR TV STATION
Year built
1947
Construction
WOOD
Total area
1,255 SF
Lot
0.06 ac (2,753 SF)
Zoning code
LAC2
APN
2415-005-004
UPID
US09-7008377
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
-
Вкусняшка в LA Restaurant
-
Toys of The Masses Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vardan Kostanyan · 7 yrs held
Vardan Kostanyan
since 2018
7 recorded transactions
Zoning & alternative use
LAC2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,454
Tax year 2024
Assessed value
$519,476
Assessed 2024
Previous assessed
$519,476
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$273,408
Assessed improvement
$246,068
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
Data centers and call centers
Use group
RADIO OR TV STATION
Status
Off-Market
Year built
1947
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
1,255 SF
Lot
0.06 ac (2,753 SF)
Zoning code
LAC2
APN
2415-005-004
UPID
US09-7008377
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC2 · North Hollywood, CA
Zoning LAC2 · permitted uses
LAC2 · 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
1947
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Vardan Kostanyan
Individual
Mailing address
3011 JOAQUIN DR, BURBANK, CA 91504-1618
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2026
—
Vardan Kostanyan
—
Deed
related
$600,000 · David Praisman Etux
Jan 7, 2026
—
Vardan Kostanyan
—
Deed
related
$500,000 · Private Loan LLC
Mar 13, 2020
—
Vardan Kostanyan
—
Deed
related
$500,000 · Y & Z Services
Dec 31, 2018
—
Vardan Kostanyan
Hovsepyan,ani
Quit Claim Deed
related
—
Dec 31, 2018
$901,000
Vardan Kostanyan
Cruz,joel JR
Grant Deed
$810,000 · Uziel Management INC
Sep 11, 2015
—
Newman,paul J Trust
Newman,paul
Quit Claim Deed
related
—
Sep 11, 2015
$660,000
Joel Cruz JR
Philip S Scheff
Grant Deed
$528,000 · South Metro Federal Credit Union
Jul 12, 2006
—
Paul Newman
Newman,nellie
Quit Claim Deed
related
—
Jul 12, 2006
$287,000
Philip S Scheff
Palmeri,joseph M & Susana M
Grant Deed
—
Jun 3, 2005
$170,500
Philip S Scheff
Beigel,evan J
Grant Deed
—
Jun 3, 2005
—
Philip S Scheff
Weissman,jan
Quit Claim Deed
related
—
Mar 12, 2004
—
Evan J Beigel
Beigel,joelle M
Quit Claim Deed
related
$225,000 · Interbank Funding Group
Mar 11, 2004
—
Joseph M Palmeri
Palmeri,susana M
Quit Claim Deed
related
$225,000 · Interbay Funding LLC
Mar 14, 2002
—
Joseph M Palmeri
Palmeri,j M
Quit Claim Deed
related
—
Dec 31, 1996
$143,000
Palmeri,joseph M
American Pacific State Bank
Trustees Deed
$121,550 · American Pacific State Bank
Dec 31, 1996
—
Joseph M Palmeri
Palmeri,s
Quit Claim Deed
related
—
Jul 3, 1996
$73,953
American Pacific State Bank
Di Modica,philip F
Trustees Deed
related
—
Apr 25, 1994
—
Philip F Dimodica
Dimodica,j R
Quit Claim Deed
related
—
—
—
Joseph M Palmeri
—
Deed Of Trust
related
$125,000 · Katz Trust
—
—
Vardan Kostanyan
—
Deed Of Trust
related
$500,000 · Y & Z Services
—
—
Vardan Kostanyan
—
Deed Of Trust
related
$540,000 · Meqc INC
—
—
Philip Dimodica
—
Deed Of Trust
related
$75,000 · American Pacific State Bank
—
—
Philip F Modica
—
Deed Of Trust
related
$35,000 · Patrick E Hart Aph#010
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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