Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,765,000
Investment properties
6005 Vineland Ave North Hollywood, CA 91606-4981
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-6823685
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2007
Construction
WOOD
Total area
15,315 SF
Lot
0.61 ac (26,425 SF)
Zoning code
LAC2
APN
2337-001-046
UPID
US09-6823685
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
-
Sarkis Grigoryan: Allstate Insurance Insurance Agency
-
Piroshki Bakery Bros Cafe Restaurant
-
AR Notary Law Firm
-
Ruth's Wellness & Beauty Center Hair Salon Nail Salon
-
The Humble Barber Barbershop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.77M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.77M
Owner & transaction history
Ginger Investors LLC · 8 yrs held
Ginger Investors LLC
since 2018
7 recorded transactions
Zoning & alternative use
LAC2 · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.6M
+5.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,170,000
6.5%
$4,770,000
7%
$4,430,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,185,000
Current use
OFFICE BUILDING
$7,555,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,010,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$6,960,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$4.77M
Range $4.29M – $5.24M · ±10%
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
$311 / 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
$82,720
Tax year 2024
Assessed value
$6,693,112
Assessed 2024
Previous assessed
$6,693,112
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$4,462,075
Assessed improvement
$2,231,037
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Stories
1
Units
28
Total area
15,315 SF
Lot
0.61 ac (26,425 SF)
Zoning code
LAC2
APN
2337-001-046
UPID
US09-6823685
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$7.2M
OFFICE BUILDING
Est. value
$7.6M
AUTO REPAIR, GARAGE
Est. value
$7.0M
MEDICAL BUILDING
Est. value
$7.0M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL 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
2007
Construction
WOOD
Heating
NONE
Stories
1
Units
28
Lot
0.61 ac
Current owner
From public records · entity-resolved
Ginger Investors LLC
Entity
Mailing address
PO BOX 571191, TARZANA, CA 91357-1191
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2018
$6,000,000
Ginger Investors LLC
Irfan Motiwala
Grant Deed
$3,300,000 · Logix FCU
Mar 15, 2007
—
Motiwala I & N Z Living Trust
—
Trustees Deed
related
$3,870,000 · United Commercial Bank
Feb 13, 2007
—
Motiwala I & N Z Living Trust
Dawood,ilyas
Quit Claim Deed
related
—
Apr 25, 2006
—
Ilyas Dawood
Motiwala I & N Z Living Trust
Grant Deed
—
Mar 10, 2006
—
Motiwala Irfan & Naila Z Trust
Vineland & Oxnard LLC
Grant Deed
$1,172,500 · Southwest Community Bank
May 4, 2004
$1,420,000
Vineland & Oxnard LLC
Kunelis,frank J
Grant Deed
related
$1,000,000 · Bank Of East Asia
Jun 16, 1967
—
Frank J|lolonis Anastasios Kunelis
—
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.
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 6005 Vineland Ave?
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.
