Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6901 Laurel Cyn Blvd North Hollywood, CA 91605-6842
    Back to Search
    Property profile & analytics

    6901 Laurel Cyn Blvd, North Hollywood, CA 91605-6842

    View on Map
    • Apartment buildings
    • 17,679 SF
    • 0.60 lot acres
    Off-Market
    Property ID
    US09-9358952
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,830,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 6901 Laurel Cyn Blvd

    Year built
    2006
    Construction
    WOOD
    Lot size
    0.60 lot acres
    Zone code
    LAR3
    Property type
    Apartment buildings
    APN
    2321-010-089
    APU
    2321010089

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 16, 2021 — 6901 Laurel Canyon LLC — Deed · related $4.4M · Jpmorgan Chase Bank NA
    Aug 9, 2016 — 6901 Laurel Canyon LLC — Deed · related $3.7M · Jpmorgan Chase Bank NA
    Mar 28, 2008 $4,200,000 6901 Laurel Canyon LLC Laurel Tlg LLC Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $3,630,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    North Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.397
    Latitude
    34.196
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $68,394
    $2,433,871
    $2,979,533
    $5,413,404
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.93 Acres

      7541 Simpson Ave

      APARTMENT HOUSE (5+ UNITS)
      7541 Simpson Ave, North Hollywood, CA 91605-3253
      View Details
    • Value Estimation
      $1,915,000
      17,376 SF

      7934 Laurel Cyn Blvd

      APARTMENT HOUSE (5+ UNITS)
      7934 Laurel Cyn Blvd, North Hollywood, CA 91605-2442
      View Details
    • Value Estimation
      $6,705,000
      51,976 SF

      11721 Runnymede St

      APARTMENT HOUSE (5+ UNITS)
      11721 Runnymede St, North Hollywood, CA 91605-3293
      View Details
    • Value Estimation
      $670,000
      5,942 SF

      11913 Runnymede St

      APARTMENT HOUSE (5+ UNITS)
      11913 Runnymede St, North Hollywood, CA 91605-3157
      View Details
    • Value Estimation
      $505,000
      2,898 SF

      12956 Vanowen St

      APARTMENT HOUSE (5+ UNITS)
      12956 Vanowen St, North Hollywood, CA 91605-4840
      View Details
    • Value Estimation
      $1,760,000
      14,092 SF

      13029 Vanowen St

      APARTMENT HOUSE (5+ UNITS)
      13029 Vanowen St, North Hollywood, CA 91605-4831
      View Details

    Similar Nearby for Sale

    • $5,700,000
      24,614 SF

      27-Unit Multifamily Property in North Hollywood

      27 units in North Hollywood with significant development potential.
      13061 Vanowen St, North Hollywood, CA 91605
      View Details
    • $1,600,000
      4,936 SF

      North Hollywood Multifamily Investment Opportunity

      Eight-unit multifamily property in North Hollywood with recent upgrades.
      7559 Whitsett Ave, North Hollywood, CA 91605
      View Details
    • $2,450,000
      7,826 SF

      North Hollywood Multifamily Investment Opportunity

      Well-maintained 12-unit apartment community in a high-demand rental market.
      11936 Hart St, North Hollywood, CA 91605
      View Details
    • Contact for pricing
      4,400 SF

      North Hollywood 6-Unit Multifamily Property

      Six-unit property in a thriving North Hollywood neighborhood.
      7047 Fulton Ave, North Hollywood, CA 91605
      View Details
    • $1,195,000
      3,930 SF

      North Hollywood Multifamily Investment Opportunity

      Five-unit apartment building in a high-demand rental market.
      11849 Hart St, North Hollywood, CA 91605
      View Details

    Similar Nearby for Lease

    • $1.25 SF/Yr

      Commercial Space Available for Rent

      Commercial property available for rent in North Hollywood, CA.
      7005 Tujunga Ave, North Hollywood, CA 91605
      View Details
    • Contact for pricing
      2,190 SF

      Creative Industrial Units For Rent

      Multi-tenant flex/industrial building near Burbank Airport.
      7059-7077 Vineland Ave, North Hollywood, CA 91605
      View Details
    • Contact for pricing
      38,250 SF

      Distribution Building with Cold Storage

      38,250 SF distribution building featuring cold storage component.
      7005 Tujunga Ave, North Hollywood, CA 91605
      View Details
    • $1.40 SF/Yr

      North Hollywood Industrial Space Available

      Industrial property in prime North Hollywood location, proximate to freeways.
      Hollywood, CA 91605
      View Details
    • $4,950 /Mo

      North Hollywood Commercial Space Available

      Versatile commercial space in North Hollywood with parking.
      7820 Lankershim Blvd, Los Angeles, CA 91605
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6901 Laurel Cyn Blvd
    North Hollywood, CA 91605-6842
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6901 Laurel Cyn Blvd, North Hollywood, CA, 91605
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!