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    Property profile & analytics

    7147 Bellaire Ave North Hollywood, CA 91605-5233

    • Turn key restaurants
    • 1,980 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Last Sale
    Nov 18, 2020
    $360,000
    Location Intelligence
    Property ID
    US09-8116515
    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.

    Current Use by Public Records

    • Armenian Ghars / Barbecue Restaurant
    • Gharsi Xorovac / Restaurant
    • Century Custom Hardwood Floor Inc. / Wood Floor Refinishing Service / Flooring Contractor
    • Pita Stop / Mediterranean Restaurant / Fast Food Restaurant

    Property Details for 7147 Bellaire Ave

    Year built
    1966
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Property size
    1,980 SF
    Zone code
    LAC2
    Property type
    Turn key restaurants
    APN
    2324-006-032
    APU
    2324006032

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $445,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $460,000
      Geo Method
      $445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $350,000
      Retail
      $335,000
      Mixed-Use
      $435,000
      Hospitality
      $335,000
      Educational
      $350,000
      Residential Income
      $405,000
      Energy
      $415,000
      Income-Based Land
      $345,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    North Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.41
    Latitude
    34.2007
    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
    $6,478
    $198,779
    $312,377
    $511,156
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      $2,575,000
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      7441 Lankershim Blvd

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      View Details
    • Value Estimation
      $285,000
      1,600 SF

      12044 Roscoe Blvd

      RESTAURANT • 1,600 SF
      12044 Roscoe Blvd, North Hollywood, CA 91605-1501
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    • Value Estimation
      $210,000
      1,573 SF

      11511 Sherman Way

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    • Value Estimation
      $320,000
      3,255 SF

      7334 Coldwater Cyn Ave

      RESTAURANT • 3,255 SF
      7334 Coldwater Cyn Ave, North Hollywood, CA 91605-4205
      View Details
    • Value Estimation
      $1,555,000
      3,045 SF

      13324 Sherman Way

      RESTAURANT • 3,045 SF
      13324 Sherman Way, North Hollywood, CA 91605-4441
      View Details
    • Value Estimation by Request
      4,670 SF

      11669 Sherman Way

      RESTAURANT • 4,670 SF
      11669 Sherman Way, North Hollywood, CA 91605-5834
      View Details

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    • Contact for pricing
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    7147 Bellaire Ave
    North Hollywood, CA 91605-5233
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    Realmo Value Estimation

    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.

    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.

    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
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