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Property profile & analytics
OFF-MARKET
Estimated value
$3,065,000
Community centers
6218 Laurel Cyn Blvd North Hollywood, CA 91606
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6335907
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1972
Construction
TILT-UP CONCRETE
Total area
10,324 SF
Lot
0.63 ac (27,496 SF)
Zoning code
LAP
APN
2334-010-023
UPID
US09-6335907
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
$3.77M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.07M
Owner & transaction history
Five Points LLC · 10 yrs held
Five Points LLC
since 2015
7 recorded transactions
Zoning & alternative use
LAP · 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%
$4,080,000
6.5%
$3,765,000
7%
$3,495,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,095,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$3.07M
Range $2.76M – $3.37M · ±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
$297 / 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
$20,895
Tax year 2024
Assessed value
$1,531,967
Assessed 2024
Previous assessed
$1,531,967
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$1,473,941
Assessed improvement
$58,026
Applied tax rate
8.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
10,324 SF
Lot
0.63 ac (27,496 SF)
Zoning code
LAP
APN
2334-010-023
UPID
US09-6335907
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAP · North Hollywood, CAZoning LAP · permitted uses
LAP · North Hollywood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$5.1M
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
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.63 ac
Current owner
From public records · entity-resolved
Five Points LLC
Entity
Mailing address
777 S FIGUEROA ST4THFL, LOS ANGELES, CA 90017-5800
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Dec 10, 2015
$27,000,000
Five Points LLC
Sf1 Valley Plaza-north Hollywo
Grant Deed
$17,775,000 · Private Individual
Mar 14, 2011
—
Sfi Valley Plaza-north Hollywo
Snyder Recp Valley Plaza LLC
Grant Deed
—
Mar 21, 2007
$3,500,000
Snyder Recp Valley Plaza LLC
6218 Laurel Canyon Boulevard L
Grant Deed
—
Oct 29, 2003
$1,300,000
6218 Laurel Canyon Blvd
Standard Shoe Co
Grant Deed
$910,000 · Far East National Bank
Apr 23, 1998
—
Shoe Std
Schwartz,fmly Tr
Quit Claim Deed
related
—
Aug 2, 1972
—
—
—
Grant Deed
related
—
—
—
Standard Shoe Mfg Co
—
Deed Of Trust
related
$70,600 · Us Small Business Admn
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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