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Property profile & analytics
OFF-MARKET
Estimated value
$10,405,000
Manufacturing properties
7283 Bellaire Ave North Hollywood, CA 91605-4247
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-8026468
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Total area
100,062 SF
Lot
4.43 ac (192,869 SF)
Zoning code
LAM2
APN
2324-004-001
UPID
US09-8026468
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
-
Sierra Creative Systems, Inc Advertising Agency Marketing & Advertising
-
Firenze Ceramic Tile Inc Carpet & Flooring Store Hardware & Home Improvement
-
Champions karate club Gym & Fitness Center
-
Champions Sport Complex Sports School
-
Empire Hardwood Flooring And Moulding Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.41M
Owner & transaction history
Bellaire Raymer LLC
Bellaire Raymer LLC
since 2026
7 recorded transactions
Zoning & alternative use
LAM2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$104 / 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
$114,015
Tax year 2024
Assessed value
$8,178,521
Assessed 2024
Previous assessed
$8,178,521
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$3,959,763
Assessed improvement
$4,218,758
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Heating
NONE
Buildings
3
Stories
1
Units
6
Total area
100,062 SF
Lot
4.43 ac (192,869 SF)
Zoning code
LAM2
APN
2324-004-001
UPID
US09-8026468
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.
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Stories
1
Buildings
3
Units
6
Lot
4.43 ac
Current owner
From public records · entity-resolved
Bellaire Raymer LLC
Entity
Free & Clear · 0 yrs held
Mailing address
905 ESTRELLA DR, SANTA BARBARA, CA 93110-2128
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2026
—
Bellaire Raymer LLC
Ainciart Family Trust
Grant Deed
—
Nov 25, 2024
—
Jean Pierre Ainciart
Roberta Foreman Ainciart
Deed
related
—
Sep 7, 2022
—
Roberta Foreman Ainciart
Roberta Ainciart
Intrafamily Transfer
related
—
Jun 7, 2021
—
Roberta Ainciart
Roberta Ainciart
Intrafamily Transfer
related
—
Feb 8, 2018
—
Foreman Family Trust
Foreman Family Living Trust
Quit Claim Deed
related
—
Mar 17, 2017
—
Robert L Foreman
Foreman,stewart H
Affidavit Of Death
related
—
Feb 27, 2017
—
Barbara N Foreman
Foreman,stewart H
Affidavit Of Death
related
—
Apr 12, 2016
—
Family Trust Under The William E Ni
Scott Brian Nickerson
Intrafamily Transfer
related
$500,000 · Wells Fargo Bank NA
Apr 9, 2015
—
Foreman Family Trust
Foreman Stewart H
Quit Claim Deed
related
—
Jun 18, 2012
—
Ainciart J & R F Living Trust
Foreman Trust
Quit Claim Deed
related
—
May 16, 2012
—
Foreman Susan & Albert Trust
Foreman Susan & A Trust
Quit Claim Deed
related
—
May 8, 2012
—
Foreman Survivors Trust
Industrial Holdings
Grant Deed
—
Oct 14, 1994
—
Industrial,holdings
—
Trustees Deed
related
—
—
—
Industrial Holdings
—
Deed Of Trust
related
$1,400,000 · Great Northern Insured Annuity
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.
Try Rey
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