Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Retail space
5725 Cahuenga Blvd North Hollywood, CA 91601-2107
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6403739
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Total area
2,000 SF
Lot
0.06 ac (2,622 SF)
Zoning code
LACR
APN
2415-024-017
UPID
US09-6403739
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
-
Awesome Audio Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$840k
CAP Approach
CAP
$680k
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$840k
Owner & transaction history
Vahan Sarukhanyan · 1 yrs held
Vahan Sarukhanyan
since 2024
Last sale
$840,000
7 recorded transactions
Zoning & alternative use
LACR · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.2M
+41.5%
Commercial (general)
$940,000
+9.1%
Auto repair, garage
$915,000
+6.5%
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
$840,000
ML approach
$840,000
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$680,000
7%
$630,000
Alternative Use
Use
Estimation
RETAIL STORES
$860,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,215,000
Change: +42% · Conversion: Moderate
COMMERCIAL (GENERAL)
$940,000
Change: +9% · Conversion: Easy
AUTO REPAIR, GARAGE
$915,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$910,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$890,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $840k (Sep 13 2024)
Last sale anchor
$840k
Sep 13 2024
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
$420 / 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
$12,304
Tax year 2024
Assessed value
$1,002,840
Assessed 2024
Previous assessed
$1,002,840
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$742,845
Assessed improvement
$259,995
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1964
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
2,000 SF
Lot
0.06 ac (2,622 SF)
Zoning code
LACR
APN
2415-024-017
UPID
US09-6403739
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
RETAIL STORES Current
Est. value
$860,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$940,000
AUTO REPAIR, GARAGE
Est. value
$915,000
MEDICAL BUILDING
Est. value
$910,000
OFFICE BUILDING
Est. value
$890,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1964
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Vahan Sarukhanyan
Individual
Free & Clear · 1 yrs held
Mailing address
13623 GAULT ST, VAN NUYS, CA 91405-3409
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2024
—
Vahan Sarukhanyan
Anna Sarukhanyan
Intrafamily Transfer
related
—
Apr 2, 2024
$840,000
Ann Sarukhanyan
Aem Brothers & One Ark Family Tree
Grant Deed
—
May 25, 2021
$945,000
Afm Brothers & One Ark Family Tree
Carmen Santa Maria
Grant Deed
$803,200 · Enterprise Bank & Trust
Oct 21, 2019
—
Maria-masters,s Living Trust
Carmen S Maria
Quit Claim Deed
related
—
Aug 19, 2016
$500,000
Carmen Santa Maria
Berman,daryl A
Grant Deed
$440,000 · Daryl A Berman
Aug 19, 2016
—
Carmen Santa Maria
Santa Maria,marie-julie
Quit Claim Deed
related
—
Oct 25, 1999
$178,084
Terrance Berman
Day,jerry
Trustees Deed
—
Apr 1, 1999
—
Jerry Day
Berman,t & D A
Grant Deed
related
—
Jan 13, 1999
$160,600
Terrance Berman
Day,jerry
Grant Deed
—
Oct 16, 1990
$170,000
Jerry Day
Berman Terrance
Grant Deed
$170,000 · Seller
Apr 27, 1988
$150,000
Mcguire Kevin J
Thomp
Trustees 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5725 Cahuenga Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
