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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Apartment buildings
6011 Fair Ave North Hollywood, CA 91606-4230
Individually Owned
8-yr Hold
Absentee Owner
Property ID
US09-6821216
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1948
Construction
WOOD
Total area
10,476 SF
Lot
0.22 ac (9,771 SF)
Zoning code
LARD1.5
APN
2337-006-018
UPID
US09-6821216
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
Gholwan Mechammil · 8 yrs held
Gholwan Mechammil
since 2017
7 recorded transactions
Zoning & alternative use
LARD1.5 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,300,000
Current use
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±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
$158 / 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
$28,682
Tax year 2024
Assessed value
$2,275,396
Assessed 2024
Previous assessed
$2,275,396
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,037,320
Assessed improvement
$1,238,076
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1948
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
1
Units
6
Rooms
6
Bathrooms
18
Total area
10,476 SF
Lot
0.22 ac (9,771 SF)
Zoning code
LARD1.5
APN
2337-006-018
UPID
US09-6821216
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LARD1.5 · North Hollywood, CA
Zoning LARD1.5 · permitted uses
LARD1.5 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS) Current
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
1948
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Units
6
Rooms
6
Bathrooms
18
Lot
0.22 ac
Current owner
From public records · entity-resolved
Gholwan Mechammil
Individual
Mailing address
17671 BRYAN PL, GRANADA HILLS, CA 91344-1941
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
24 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2017
$930,000
Gholwan Mechammil
Thomas E Burgess
Grant Deed
$572,000 · American Pacific Mortgage
Nov 20, 2017
—
Gholwan Mechammil
Mechammil,insaf
Quit Claim Deed
related
—
May 20, 2015
—
Thomas E Burgess
Thomas Burgess
Intrafamily Transfer
related
$400,000 · Stratis Financial Corp
Apr 6, 2010
$406,000
Thomas Burgess
Kechejian,andranik
Grant Deed
$324,800 · Surepoint Lending
Feb 5, 2010
$305,000
Andranik Kechejian
Harborview 2006-12 Trust Fund
Grant Deed
—
Jun 26, 2009
$303,750
Harborview 2006-12 Trust Fund
Recontrust Co NA
Trustees Deed
related
—
Jun 12, 2007
—
Ho Michael T Living Trust
Ho,michael T
Quit Claim Deed
related
—
Oct 2, 2006
$625,000
Michael Tinh Ho
Richard A Tinsley
Grant Deed
$500,000 · Security Mortgage Funding Corp
Mar 26, 1999
—
Richard A Tinsley
Tinsley,r A
Quit Claim Deed
related
—
Jan 19, 1996
—
Richard A Tinsley
Tinsley,k
Quit Claim Deed
related
—
Jan 19, 1996
$149,000
Tinsley,richard A
Allis,michael
Trustees Deed
$141,550 · California Federal Bank
Aug 7, 1995
$96,000
Michael Allis
Federal Home Loan Mtg Corp
Grant Deed
$72,000 · T J Financial INC
Jul 6, 1994
$169,242
Federal Home Loan Mtg Corp
Stitt,daniel J
Trustees Deed
related
—
Feb 7, 1989
$187,000
Stitt Daniel J
Herr
Trustees Deed
$149,600 · Security Pacific National Bank
Feb 7, 1989
—
Daniel J Stitt
Stitt
Quit Claim Deed
related
—
—
—
Richard A Tinsley
—
Deed Of Trust
related
$65,000 · Burbank City Employees FCU
—
—
Richard A Tinsley
—
Deed Of Trust
related
$292,000 · Burbank City Employees FCU
—
—
Richard A Tinsley
—
Deed Of Trust
related
$50,000 · Burbank City Employees FCU
—
—
Richard A Gtinsley
—
Deed Of Trust
related
$221,000 · Burbank City Employees FCU
—
—
Richard A Tinsley
—
Deed Of Trust
related
$182,000 · Burbank City Employees FCU
—
—
Richard A Tinsley
—
Deed Of Trust
related
$100,000 · Burbank City Employees FCU
—
—
Richard A Tinsley
—
Deed Of Trust
related
$138,500 · Pnc Mortgage Corp America
—
—
Richard A Tinsley
—
Deed Of Trust
related
$25,000 · Us FCU
—
—
Richard A Tinsley
—
Deed Of Trust
related
$15,000 · Sterling Funding Corp
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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