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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Office buildings
5641 Cahuenga Blvd North Hollywood, CA 91601-2104
Entity Owned
2-yr Hold
Free & Clear
Property ID
US10-0516307
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1947
Construction
TILT-UP CONCRETE
Total area
1,125 SF
Lot
0.06 ac (2,623 SF)
Zoning code
LACR
APN
2415-023-017
UPID
US10-0516307
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
-
Porta Embroidery Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
$405k
Comparable Approach
Comparable
$607k
Blend (final)
Blend
$590k
Owner & transaction history
Porta 5641 LLC · 2 yrs held
Porta 5641 LLC
since 2023
Last sale
$580,005
7 recorded transactions
Zoning & alternative use
LACR · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$685,000
+36.7%
Commercial (general)
$530,000
+5.3%
Auto repair, garage
$515,000
+2.8%
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
$605,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
$435,000
6.5%
$405,000
7%
$375,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$500,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$685,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$530,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$515,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$510,000
Change: +2% · Conversion: Easy
RETAIL STORES
$485,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $580k (Aug 3 2023)
Last sale anchor
$580k
Aug 3 2023
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
$524 / 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
$7,172
Tax year 2024
Assessed value
$580,000
Assessed 2024
Previous assessed
$580,000
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$400,000
Assessed improvement
$180,000
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
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
1,125 SF
Lot
0.06 ac (2,623 SF)
Zoning code
LACR
APN
2415-023-017
UPID
US10-0516307
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LACR · North Hollywood, CA
Zoning LACR · permitted uses
LACR · 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
$500,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$685,000
COMMERCIAL (GENERAL)
Est. value
$530,000
AUTO REPAIR, GARAGE
Est. value
$515,000
MEDICAL BUILDING
Est. value
$510,000
RETAIL STORES
Est. value
$485,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Porta 5641 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5641 CAHUENGA BLVD, NORTH HOLLYWOOD, CA 91601-2104
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2023
$580,000
Porta 5641 LLC
5641 Cahuenga LLC
Grant Deed
—
Jan 27, 2023
$580,000
5641 Cahuenga LLC
Elme C Devora
Grant Deed
—
Jan 27, 2023
—
Elme C Devora Uy
Richard Norene
Intrafamily Transfer
related
—
Jun 14, 2018
—
Malin,eugene H Trust
Malin Eugene H 2005 Trust
Quit Claim Deed
—
Mar 7, 2006
—
Malin Eugene H 2005 Trust
Malin,eugene H
Quit Claim Deed
related
—
Nov 6, 1969
$5,000
Eugene H Malin
—
Grant Deed
related
—
Nov 3, 1965
—
—
—
Grant Deed
related
—
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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