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Property profile & analytics
FOR LEASE
Investment properties
7046 Hollywood Blvd, Los Angeles, CA 90028
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6530507
For Lease
1 / 2
$6,635,000
7046 Hollywood Blvd, Los Angeles, CA 90028
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1925
Construction
CONCRETE
Total area
51,408 SF
Lot
0.15 ac (6,479 SF)
Zoning code
LAC4
APN
5548-007-010
UPID
US09-6530507
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
-
The Hollywood Visitor Center Travel Agency
-
CVS Pharmacy Health Repair Hardware & Home Improvement General Contractor
-
LAhair Extensions Hair Salon
-
Beverly Hills Singing Lessons Tutoring Service
-
Nova3 Coworking & Hybrid Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.62M
Blend (final)
Blend
$6.64M
Owner & transaction history
7046 Hollywood LLC · 2 yrs held
7046 Hollywood LLC
since 2023
7 recorded transactions
Zoning & alternative use
LAC4 · Los Angeles, 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 Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.64M
Range $5.97M – $7.30M · ±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
$129 / 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
$126,231
Tax year 2024
Assessed value
$9,159,000
Assessed 2024
Previous assessed
$9,159,000
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$1,159,000
Assessed improvement
$8,000,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1925
Construction
CONCRETE
Heating
NONE
Total area
51,408 SF
Lot
0.15 ac (6,479 SF)
Zoning code
LAC4
APN
5548-007-010
UPID
US09-6530507
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Los Angeles, CA
Zoning LAC4 · permitted uses
LAC4 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Construction
CONCRETE
Heating
NONE
Lot
0.15 ac
Current owner
From public records · entity-resolved
7046 Hollywood LLC
Entity
Free & Clear · 2 yrs held
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Sep 6, 2023
—
7046 Hollywood LLC
1670 Sycamore LLC
Intrafamily Transfer
related
—
Sep 1, 2023
—
1670 Sycamore LLC
7046 Hollywood LLC
Grant Deed
$10,500,000 · River City Bank
Aug 8, 2013
—
7046 Hollywood LLC
Shemiran Co LLC
Quit Claim Deed
$12,000,000 · Pnc Bank
Apr 11, 2013
$17,600,000
Shemiran Co LLC
Cim/7046 Hollywood LP
Grant Deed
—
Feb 6, 2004
—
Cim/7046 Hollywood LP
Stratification Ince
Grant Deed
related
—
—
—
Stratification INC
—
Deed Of Trust
related
$123,980 · Redevelopment Agency Los Angel
—
—
Stratification INC
—
Deed Of Trust
related
$1,186,500 · Us Small Business Admn
—
—
Cim/7046 Hollywood Landlord LP
—
Deed Of Trust
related
$10,000 · Bank Of America
—
—
Stratification INC
—
Deed Of Trust
related
$44,600 · Us Small Business Admn
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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