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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Commercial kitchens
6601 Lankershim Blvd North Hollywood, CA 91606-1612
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6255815
Property profile
Verified
Property type
Commercial kitchens
Use group
TAKE-OUT RESTAURANT
Year built
2012
Construction
TILT-UP CONCRETE
Total area
2,696 SF
Lot
1.16 ac (50,589 SF)
Zoning code
LAC2
APN
2322-018-025
UPID
US09-6255815
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
-
Carl's Jr. Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$757k
Blend (final)
Blend
$580k
Owner & transaction history
Ffc Asset LLC · 14 yrs held
Ffc Asset LLC
since 2012
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
$405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$215 / 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
$46,201
Tax year 2024
Assessed value
$3,623,190
Assessed 2024
Previous assessed
$3,623,190
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,951,730
Assessed improvement
$671,460
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
Commercial kitchens
Use group
TAKE-OUT RESTAURANT
Status
Off-Market
Year built
2012
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Total area
2,696 SF
Lot
1.16 ac (50,589 SF)
Zoning code
LAC2
APN
2322-018-025
UPID
US09-6255815
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
2012
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Lot
1.16 ac
Current owner
From public records · entity-resolved
Ffc Asset LLC
Entity
Mailing address
1 CENTERPOINTE DR STE #400, LA PALMA, CA 90623-2530
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2025
—
Lankershim Asset LLC
—
Deed
related
$25,000,000 · Cathay Bank
Feb 9, 2018
—
Lankershim Asset LLC
—
Deed
related
$20,000,000 · Bank Of The West
Apr 12, 2012
—
Ffc Asset LLC
Friendly Franchises Corp
Quit Claim Deed
related
—
Dec 15, 2011
—
Friendly Franchisees Corp
—
Deed Of Trust
related
$8,810,275 · Bank Of The West
Oct 20, 2010
$2,350,000
Friendly Franchisees Corp
Gs-yb Lankershim Realty LLC
Grant Deed
—
Nov 15, 2007
$7,500,000
Gs-yb Lankershim Realty LLC
Lankershim Plaza LLC
Grant Deed
$31,100 · Union Bank Of California
Dec 16, 2005
—
Lankershim Plaza LLC
Wag-noho LLC
Grant Deed
$2,000,000 · Cathay Bank
Sep 27, 2005
$2,150,000
Wag-noho LLC
Gallo Georgene Trust
Grant Deed
$1,720,000 · Gallo Georgene Trust 006329
Jan 31, 1989
—
Georgene F Gallo
Gallo Georgene
Quit Claim Deed
related
—
—
—
Wag-noho LLC
—
Deed Of Trust
related
$2,250,000 · East West Bank
—
—
Friendly Franchisees Corp
—
Deed Of Trust
related
$2,300,000 · Bank Of The West
—
—
Lankershim Asset LLC
—
Deed Of Trust
related
—
—
—
Jojos California Family Restau
—
Deed Of Trust
related
—
—
—
Lankershim Asset LLC
—
Deed Of Trust
related
$20,000,000 · Bank Of The West
—
—
Friendly Franchisees Corp
—
Deed Of Trust
related
$4,500,000 · Bank Of The West
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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