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    6319 Colfax Ave Los Angeles, CA 91606
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    Property profile & analytics

    6319 Colfax Ave, Los Angeles, CA 91606

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    • Specialty properties
    • 8,068 SF
    • 0.13 lot acres
    For Lease
    $30 SF/Yr
    View Listing →
    NoHo Built-Out Office Space For Lease
    $30 SF/Yr

    NoHo Built-Out Office Space

    Fully built-out office space with parking in NoHo.

    6319 Colfax Ave, Los Angeles, CA 91606
    View Listing
    Property ID
    US09-7764191
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $530,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Olymp Fight Center / Training Center / Sports School
    • Prime Plus Roof & Gutter / Roofing Company / General Contractor
    • Move Happy / Moving Company
    • City Moving / Moving Company

    Property Details for 6319 Colfax Ave

    Year built
    1962
    Construction
    WOOD
    Lot size
    0.13 lot acres
    Zone code
    LAC2
    Property type
    Specialty properties
    APN
    2334-006-040
    APU
    2334006040

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 20, 2025 — 6319 Colfax LLC — Deed · related $690k · Home Bank Of California
    Jan 21, 2022 — 6319 Colfax LLC — Deed · related $1.3M · Banc Of California NA
    Mar 13, 2017 — 6319 Colfax LLC Anat Lehrman Grant Deed $1.4M · Jpmorgan Chase Bank NA
    Apr 21, 2016 — Anat Lehrman Oren,lior Quit Claim Deed · related $969k · Lone Oak Fund
    Apr 21, 2016 $1,615,000 Anat Lehrmann Boyd Family Trust Grant Deed —
    Apr 16, 2001 — Boyd Trust Harrington,whitford R & Hilda Grant Deed $117k · City National Bank
    Apr 13, 2001 — Boyd,raymond G & Barbara K Tr Boyd,r G & B K Tr Quit Claim Deed · related —
    Feb 2, 1989 — Raymond G A Boyd — Deed Of Trust · related —
    — — Raymond G A Boyd — Deed Of Trust · related $50k · First Business Bank
    — — Raymond G Boyd — Deed Of Trust · related $27k · Us Small Business Admn
    — — Boyd,trust — Deed Of Trust · related $200k · American Pacific State Bank
    — — Boyd Trust — Deed Of Trust · related $177k · City National Bank
    — — Raymond G Boyd — Deed Of Trust · related $600k · Mission Valley Bank
    — — Boyd,tr — Deed Of Trust · related $165k · Mission Valley Bank
    — — Boyd,tr — Deed Of Trust · related $123k · Mission Valley Bank
    — — Boyd,tr — Deed Of Trust · related $700k · Mission Valley Bank
    — — Boyd Family Trust — Deed Of Trust · related $1.1M · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $370,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $689,000
      Market price range: $215k - $690k

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    North Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.388
    Latitude
    34.1855
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,866
    $608,736
    $725,932
    $1,334,668
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      6440 Lankershim Blvd

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    • Value Estimation
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      116,673 SF

      12215 Victory Blvd

      COLLEGE, UNIVERSITY, VOC SCHOOL
      12215 Victory Blvd, North Hollywood, CA 91606-3206
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    • Value Estimation by Request
      17,430 SF

      N

      PARKING LOT
      N, Hollywood, CA 91606
      View Details
    • Value Estimation
      $5,035,000
      31,800 SF

      N

      MINI-MALL
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    • Value Estimation
      $1,035,000
      6,148 SF

      6706 Coldwater Cyn Ave

      APARTMENT HOUSE (5+ UNITS)
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      Medical Office Space Available

      First floor medical office space for rent.
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      55,397 SF

      Central Valley Raw Land

      Raw land ideal for parking, storage, nursery, or landscaping.
      11156 Victory Blvd, Los Angeles, CA 91606
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      NoHo Built-Out Office Space

      Fully built-out office space with parking in NoHo.
      6319 Colfax Ave, Los Angeles, CA 91606
      View Details
    • Contact for pricing

      Office Space Available for Rent

      Office space available, 910 SqFt, Laurel Canyon Blvd, Los Angeles.
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    View Listing
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    Los Angeles, CA 91606
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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