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Property profile & analytics
OFF-MARKET
Estimated value
$34,015,000
Super regional malls
6433 Laurel Cyn Blvd North Hollywood, CA 91606
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8555577
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Total area
88,844 SF
Lot
2.07 ac (90,314 SF)
Zoning code
LAP
APN
2322-006-037
UPID
US09-8555577
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
$32.40M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$34.02M
Owner & transaction history
Gc Noho LLC · 5 yrs held
Gc Noho LLC
since 2021
Last sale
$33.9M
5 recorded transactions
Zoning & alternative use
LAP · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$55.1M
+1.9%
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
$35,865,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$35,100,000
6.5%
$32,400,000
7%
$30,085,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$54,070,000
Current use
RESTAURANT
$55,080,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$46,235,000
Change: -14% · Conversion: Easy
OFFICE BUILDING
$43,825,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$34.02M
Range $30.61M – $37.42M · ±10% · vs last sale $33.90M (Jun 1 2021)
Last sale anchor
$33.90M
Jun 1 2021
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
$383 / 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
$5,910
Tax year 2024
Assessed value
$22
Assessed 2024
Previous assessed
$22
+0.0% YoY
Effective rate
26,863.64%
On assessed value
Assessed land
$22
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Heating
NONE
Stories
1
Total area
88,844 SF
Lot
2.07 ac (90,314 SF)
Zoning code
LAP
APN
2322-006-037
UPID
US09-8555577
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$54.1M
RESTAURANT
Est. value
$55.1M
RETAIL STORES
Est. value
$46.2M
OFFICE BUILDING
Est. value
$43.8M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
RETAIL STORES
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
Heating
NONE
Stories
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
Gc Noho LLC
Entity
Mailing address
133 LOMITA STA, EL SEGUNDO, CA 90245-4114
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2021
—
Gc Noho LLC
—
Deed
related
$38,900,000 · Goldman Sachs Bank USA
Jun 1, 2021
$33,900,000
Gc Noho LLC
Seritage Src Finance LLC
Grant Deed
$5,000,000 · Texas Exchange Bank Ssb
Dec 3, 2019
—
Seritage Src Finance LLC
—
Grant Deed
related
$2,000,000,000 · Berkshire Hathaway Life Ins Co
Jul 5, 2016
—
Seritage Src Finance LLC
Sears Roebuck & Co
Grant Deed
related
—
Dec 14, 2001
—
—
Astra Inv Capital
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.
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