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Property profile & analytics
OFF-MARKET
Estimated value
$2,075,000
Turn key restaurants
6501 Lankershim Blvd North Hollywood, CA 91606-2408
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7764590
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1935
Construction
WOOD
Total area
7,516 SF
Lot
0.29 ac (12,569 SF)
Zoning code
LAC2
APN
2322-020-065
UPID
US09-7764590
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
$2.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.08M
Owner & transaction history
Bachar And Cohen LLC · 6 yrs held
Bachar And Cohen LLC
since 2020
Last sale
$2.0M
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
$2,110,000
ML approach
$2,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.08M
Range $1.87M – $2.28M · ±10% · vs last sale $2.00M (Feb 28 2020)
Last sale anchor
$2.00M
Feb 28 2020
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
$276 / 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
$26,825
Tax year 2024
Assessed value
$2,144,401
Assessed 2024
Previous assessed
$2,144,401
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,393,861
Assessed improvement
$750,540
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1935
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
7,516 SF
Lot
0.29 ac (12,569 SF)
Zoning code
LAC2
APN
2322-020-065
UPID
US09-7764590
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.
Building & site characteristics
From public records
Year built
1935
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Bachar And Cohen LLC
Entity
Mailing address
7211 WHITSETT AVE, NORTH HOLLYWOOD, CA 91605-4302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2020
—
Bachar & Cohen LLC
—
Deed
related
$1,000,000 · Jp Morgan Chase Bk
Feb 28, 2020
$2,000,000
Bachar And Cohen LLC
Lillian S Siegel
Grant Deed
$1,000,000 · Jpmorgan Chase Bank NA
Feb 28, 2020
—
Bachar & Cohen LLC
—
Deed
related
$800,000 · Jp Morgan Chase Bk
Sep 7, 2018
—
Caldwell Fam Qualified Term Trust
Caldwell,dorothy K
Affidavit Of Death
related
—
Nov 22, 2016
—
Lillian S Siegel
Siegel,stanley B
Affidavit Of Death
related
—
Feb 2, 2006
—
Siegel Stanley & L 2005 Trust
Siegel,stanley B & Lillian S
Quit Claim Deed
related
—
Nov 10, 2004
—
Caldwell Family Trust
Caldwell,dorothy K
Quit Claim Deed
related
—
—
—
Bachar & Cohen LLC
—
Deed Of Trust
related
$1,000,000 · Jp Morgan Chase Bk
—
—
Bachar & Cohen LLC
—
Deed Of Trust
related
$800,000 · Jp Morgan Chase Bk
—
—
Bachar & Cohen LLC
—
Deed Of Trust
related
$824,000 · Cdc Small Busn Fin
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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