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Property profile & analytics
OFF-MARKET
Estimated value
$3,785,000
Super regional malls
6450 Bellingham Ave, North Hollywood, CA 91606-1429
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6335899
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1956
Construction
TILT-UP CONCRETE
Total area
10,500 SF
Lot
0.12 ac (5,250 SF)
Zoning code
LAC2
APN
2322-006-029
UPID
US09-6335899
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
-
Trinity House Nigeria Church
-
Blue Sky Home Health , INC Physical Therapy Clinic Home Health Care Service
-
MJ Home Health Services Inc. Home Health Care Service
-
Pathex Labs Inc. Pathologist Medical Laboratory
-
Templo de David Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.79M
Owner & transaction history
6450-2 Bellingham Ave LLC · 9 yrs held
6450-2 Bellingham Ave LLC
since 2016
7 recorded transactions
Zoning & alternative use
LAC2 · 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%
$4,150,000
6.5%
$3,830,000
7%
$3,555,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,465,000
Change: -14% · Conversion: Easy
OFFICE BUILDING
$5,180,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$3.79M
Range $3.41M – $4.16M · ±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
$360 / 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
$25,771
Tax year 2024
Assessed value
$2,059,466
Assessed 2024
Previous assessed
$2,059,466
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$898,883
Assessed improvement
$1,160,583
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
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
10,500 SF
Lot
0.12 ac (5,250 SF)
Zoning code
LAC2
APN
2322-006-029
UPID
US09-6335899
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
RETAIL STORES
Est. value
$5.5M
OFFICE BUILDING
Est. value
$5.2M
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
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
6450-2 Bellingham Ave LLC
Entity
Mailing address
4181 HAYVENHURST DR, ENCINO, CA 91436-3727
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2021
—
6450 2 Bellingham Ave LLC
—
Deed
related
$1,000,000 · Logix FCU
Jul 21, 2016
$1,810,000
6450-2 Bellingham Ave LLC
Vivo Group LLC
Grant Deed
$990,000 · Wells Fargo Bank NA
Sep 25, 2007
$1,625,000
Vivo Group LLC
Jaime Jhonny Rojas
Grant Deed
$812,500 · Bank Of America NA
Nov 19, 2004
—
Jhonny J Rojas
Lwl Equities LLC
Grant Deed
$785,000 · East West Bank
Jul 19, 2002
—
Lwl Equities
Lwl Partnership
Quit Claim Deed
related
—
Jun 25, 1992
—
Lwl Partnership
—
Deed Of Trust
related
—
—
—
Vivo Group LLC
—
Deed Of Trust
related
$180,000 · Ritchie Tuazon
—
—
Vivo Group LLC
—
Deed Of Trust
related
—
—
—
Vivo Group LLC
—
Deed Of Trust
related
$669,000 · Cdc Small Business Finance Co
—
—
Jhonny J Rojas
—
Deed Of Trust
related
$135,000 · No Lender On Document
—
—
Jhonny J Rojas
—
Deed Of Trust
related
$50,000 · No Lender On Document
—
—
Jaime J R Villanueva
—
Deed Of Trust
related
$350,000 · Federal Trade Commission
—
—
Vivo Group LLC
—
Deed Of Trust
related
$780,351 · Amerisourcebergen Drug 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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