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Property profile & analytics
OFF-MARKET
Estimated value
$4,385,000
Warehouses
6865 Vineland Ave North Hollywood, CA 91605-6410
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8573322
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1956
Construction
TILT-UP CONCRETE
Total area
11,648 SF
Lot
0.5 ac (21,981 SF)
Zoning code
LAM2
APN
2319-005-028
UPID
US09-8573322
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
-
CK Party Rentals Party Supply Store Rental Equipment Company
-
Fixed Price Movers Inc Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.49M
Blend (final)
Blend
$4.39M
Owner & transaction history
Beau Monde Wine And Spirits INC · 1 yrs held
Beau Monde Wine And Spirits INC
since 2025
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
LAM2 · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.2M
+111.0%
Neighborhood: shopping center
$7.1M
+107.1%
Retail stores
$6.1M
+77.1%
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
$4,290,000
ML approach
$4,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,420,000
Current use
RESTAURANT
$7,220,000
Change: +111% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,090,000
Change: +107% · Conversion: Moderate
RETAIL STORES
$6,060,000
Change: +77% · Conversion: Moderate
OFFICE BUILDING
$5,745,000
Change: +68% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,465,000
Change: +60% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,335,000
Change: +56% · Conversion: Easy
MEDICAL BUILDING
$5,295,000
Change: +55% · Conversion: Difficult
Blend value · Realmo final
$4.39M
Range $3.95M – $4.82M · ±10% · vs last sale $4.50M (Nov 5 2024)
Last sale anchor
$4.50M
Nov 5 2024
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
$376 / 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
$45,397
Tax year 2024
Assessed value
$3,615,390
Assessed 2024
Previous assessed
$3,615,390
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,679,030
Assessed improvement
$936,360
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
11,648 SF
Lot
0.5 ac (21,981 SF)
Zoning code
LAM2
APN
2319-005-028
UPID
US09-8573322
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAM2 · North Hollywood, CA
Zoning LAM2 · permitted uses
LAM2 · 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
WAREHOUSE, STORAGE Current
Est. value
$3.4M
RESTAURANT
Est. value
$7.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.1M
RETAIL STORES
Est. value
$6.1M
OFFICE BUILDING
Est. value
$5.7M
COMMERCIAL (GENERAL)
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$5.3M
MEDICAL BUILDING
Est. value
$5.3M
WAREHOUSE, STORAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL 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
0.5 ac
Current owner
From public records · entity-resolved
Beau Monde Wine And Spirits INC
Entity
Mailing address
5640 WINNETKA AVE, WOODLAND HILLS, CA 91367-6927
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2025
—
Beau Monde Wine And Spirits INC
Akk Properties LLC
Deed
$1,869,000 · California Statewide Certified Developme
Feb 5, 2025
$4,500,000
Akk Properties LLC
Laprom INC
Grant Deed
$2,280,000 · Momentus Direct Capital
Sep 9, 2021
—
Laprom INC
—
Deed
related
$1,438,000 · Advantage Certified Development Corporat
Aug 2, 2021
$3,475,000
Laprom INC
Thom Vandenberg
Grant Deed
$1,780,000 · Enterprise Bank & Trust
Jun 8, 2016
—
Thom Vandenberg
Vandenberg,terry Z
Affidavit Of Death
—
Sep 23, 2014
—
Terry Vandenberg
Lam,elmyra K
Affidavit Of Death
—
Apr 13, 1999
—
Lam,elmyra K Tr
—
Deed Of Trust
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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