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Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Parking lots & garages
6534 Laurel Cyn Blvd North Hollywood, CA 91606
Entity Owned
4-yr Hold
Free & Clear
Property ID
US09-1272974
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1970
Total area
7,340 SF
Lot
0.16 ac (6,780 SF)
Zoning code
LAP
APN
2322-008-031
UPID
US09-1272974
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
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.46M
Owner & transaction history
Laurel Venture LLC · 4 yrs held
Laurel Venture LLC
since 2022
Last sale
$1.6M
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
$1,280,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±10% · vs last sale $1.60M (Jun 27 2022)
Last sale anchor
$1.60M
Jun 27 2022
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
$199 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,133
Tax year 2023
Assessed value
$408,000
Assessed 2023
Previous assessed
$408,000
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$402,900
Assessed improvement
$5,100
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1970
Heating
NONE
Total area
7,340 SF
Lot
0.16 ac (6,780 SF)
Zoning code
LAP
APN
2322-008-031
UPID
US09-1272974
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAP · North Hollywood, CA
Zoning 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
North Hollywood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Laurel Venture LLC
Entity
Free & Clear · 4 yrs held
Mailing address
12439 MAGNOLIA BLVD #185, VALLEY VILLAGE, CA 91607-2450
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2022
—
Laurel Venture LLC
Laurel Venture LLC
Intrafamily Transfer
related
—
Nov 3, 2021
$1,600,000
Laurel Ventures LLC
Richard L Weiss
Grant Deed
—
Aug 19, 2016
—
Kenneth D Mcwaid
Mcwaid Kenneth R Trust
Quit Claim Deed
related
—
Jul 21, 2016
—
Paul S Burnsweig
Brandman,nancy L
Quit Claim Deed
related
—
Feb 2, 2016
—
Hayden Living Trust
Hayden,karen J
Quit Claim Deed
related
—
Nov 26, 2013
—
Paul S Burnsweig
Burnsweig,celia R
Affidavit Of Death
related
—
Jan 12, 2012
—
Hollis,david H
Hollis Stephen G
Quit Claim Deed
related
—
Jun 4, 2009
—
Wagner Ralph Living Trust
Monroney,lura M
Quit Claim Deed
related
—
Jan 5, 2005
—
Kenneth D Mcwaid
Mcwaid Kenneth R Trust
Quit Claim 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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